Rolling Stone: The Great American Bubble Machine

[Digidiver]

If this has been posted before, please delete..

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[LargoWinch]

Re: Rolling Stone: The Great American Bubble Machine

Commodities bubble? Oil overpriced in fiat terms?

The poor man is way over his head.

Do not get me wrong, his arguments are not all bad and are actually entertaining.


PS: I will post some recent videos of Taibbi soon as per cjppjc request. ;)

[cjppjc]

Re: Rolling Stone: The Great American Bubble Machine

Commodities bubble? Oil overpriced in fiat terms?

The poor man is way over his head.

Do not get me wrong, his arguments are not all bad and are actually entertaining.


PS: I will post some recent videos of Taibbi soon as per cpjjpc request. ;)

Thank you LW. I had forgot about my request.

It almost doesn't matter if Taibbi or Stewart are 100% right. They have the audience. Maybe not a large one. It would be good to see them continue. Much like the article about debt walk aways Don posted earlier, the tone of things seems to be changing.

[LargoWinch]

Re: Rolling Stone: The Great American Bubble Machine

PS: I will post some recent videos of Taibbi soon as per cjppjc request. ;)

There ya go, me replying to my own post!

Runtime: 10min.

[raja]

Re: Rolling Stone: The Great American Bubble Machine

Thanks for posting the Taibi video.
He should publish it in writing . . . more palatable to most people that his lengthy article.

It inspired this letter to my representatives:

In his press conference, our president admitted that "We were on the verge of a complete financial meltdown, and the reason was that Wall Street took extraordinary risks with other people's money. They were peddling loans that they knew could never be repaid . . . and all of us are now paying the price."

The government then gave these criminals enough bail-out money to pay for 20 years of health care (this does not count the returned TARP money). Now the "financial elite" are paying themselves billions of dollars in bonuses while unemployment is breaking 10%.

The infiltration and control of government by the bankers and Wall Street must STOP. Goldman Sachs is the biggest criminal of them all.
The FBI should begin a massive fraud investigation of this widespread financial malfeasance.

Are you going to do something about this?
I hope so. If you don't, the voters will do something -- all incumbents will be toast.
The sleeping masses are stirring. They are leaning the truth, and they will react, exercising their right to evict all government enablers of financial fraud from Washington.

[D-Mack]

Re: Rolling Stone: The Great American Bubble Machine

There ya go, me replying to my own post!

Runtime: 10min.

Maher wouldn't see a conspiracy if it bit him in his behind.


Although JFK seems to be a safe topic today

[Wild Style]

Re: Rolling Stone: The Great American Bubble Machine

There ya go, me replying to my own post!

Runtime: 10min.

it seems like taibbi doesn't understand economics enough to fully argue his point about high gas prices and why we should or should not bail out banks. Also he didn't seem to do much research into how other countries dealt with bank failures. I have not watched his rolling stone video though so maybe he makes more compelling arguments in that.