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Thursday, March 19, 2009

Translations

American Scofflaw

1. financial engineering = new ways of gambling

2. Investors = gamblers

3. Stock & Futures Markets = casinos

4. Financial Analysts = casinos’ salesmen / women

5. Bonds = I.O.Us.

6. Banks = Dishonest Money-lenders (actual money-lenders licensed not as banks, but as money-lenders, cannot create “money out of thin air”. They have to use their own capital – 100% to lend)

7. Currencies = fiat money toilet papers

8. Derivative markets = ponzi scheme


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