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Economic Terrorism, Take Two...On July 25th, someone placed a ONE BILLION dollar bet..

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warrior1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:08 PM
Original message
Economic Terrorism, Take Two...On July 25th, someone placed a ONE BILLION dollar bet..
Edited on Fri Aug-05-11 09:10 PM by warrior1
http://crooksandliars.com/

Standard and Poor's has downgraded US Treasury Bonds from AAA to AA+. They claim the downgrade is based on the GOP's refusal to raise revenues. Maybe. But I doubt it.

The first question I have is which hedge fund managers stand to profit. That's an answer I want right now. Not ten months from now. NOW. On July 25th, someone placed a ONE BILLION dollar bet that our credit rating would drop. It's time for them to be identified.


snip
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warrior1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:14 PM
Response to Original message
1. isn't
always about making money without producing, growing, or showing a product to the benefit society?
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:16 PM
Response to Reply #1
5. Just a big casino ............
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:14 PM
Response to Original message
2. S&P is paid by wall street
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AllyCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:16 PM
Response to Reply #2
4. And Wall Street gambles with our money and future. So, yeah, I would
tend to believe this.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:16 PM
Response to Original message
3. Playing games with the dollar on the global market. These are gamblers afterall.
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durablend Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:18 PM
Response to Reply #3
6. And if we had a competent administration
A few of them might head to jail!

(laughs)
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:22 PM
Response to Reply #6
10. Sorry, our tax dollars won't even fix our roads. Incompetent politicians are a dime a dozen.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:20 PM
Response to Original message
7. Goldman?
They always seem to be behind the curtain on this stuff.

Or maybe Eric Cantor? http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1674583
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:21 PM
Response to Original message
8. Koch or China? n/t
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indurancevile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:21 PM
Response to Original message
9. knr
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Syrinx Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:50 PM
Response to Original message
11. I wonder if it's the same people that shorted the airline stocks...
Edited on Fri Aug-05-11 09:50 PM by Syrinx
... shortly before 9/11?

Carlyle?
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Hestia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:35 PM
Response to Reply #11
12. Same thought I had - funny how this info came from UK - no one notified
us here in the papers.
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warrior1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:50 AM
Response to Original message
13. better link
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 04:57 PM
Response to Original message
14. Koch-or whoever took out the bet against the airlines just prior to 9/11. nt
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