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5/6/10 Jim Rogers on CNBC: Stock Plunge is Just the Beginning!

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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 02:08 PM
Original message
5/6/10 Jim Rogers on CNBC: Stock Plunge is Just the Beginning!
 
Run time: 04:02
https://www.youtube.com/watch?v=Xk3KWnnlNtI
 
Posted on YouTube: May 07, 2010
By YouTube Member: minnesotachris
Views on YouTube: 705
 
Posted on DU: May 07, 2010
By DU Member: Renew Deal
Views on DU: 1171
 
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szatmar666 Donating Member (532 posts) Send PM | Profile | Ignore Fri May-07-10 02:22 PM
Response to Original message
1. this is the lates wall steret criminal racket
Edited on Fri May-07-10 02:24 PM by szatmar666
the elites are basically saying "Don't tread on me". It's a derivatives scam to force governments to cut social programs world wide and to preempt the progressive agenda such as green energy transition.

Greece and other national governments should
a) default on their debt
b) nationalize the energy sector
c) arrest and try bankers world wide.
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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 09:44 AM
Response to Reply #1
7. This was not an "electronic glitch"
The first thing they teach you in computer programming courses (from the 1980's) is GIGO. Garbage in.....Garbage out. These machines do not program themselves. Someone intentionally put in false data so they could steal trillion$$. It worked. Feudalism is entrenched in America and much of the world (globalization). We have to unite with our global proletariats and take back our freedoms and jobs. Cut the elites out of the equation and increase the top income tax rates to 1970 levels (at least), couple that with "windfall profits taxes" at a 90% rate and we, the people can recoup most of our losses from this theft. Then regulate the hell out of wall street and the banksters. Level the playing field and reverse NEO-FEUDALISM.

:wtf:
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sulphurdunn Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 06:02 PM
Response to Original message
2. It was an experiment
by who knows who to see if they could control global financial trading electronically. The experiment was apparently a success.
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activa8tr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 06:04 PM
Response to Original message
3. Yes, the sky is falling, human beings are totally incapable of
recovery from a corrupt system of money management.

We are doomed. Oh Please.
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 06:04 PM
Response to Original message
4. I thought he moved to China!
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 06:08 PM
Response to Reply #4
5. I thought it was Singapore..
but he is raising his children to be fluent in Chinese and have much exposure to Chinese culture because he believes China is the future superpower.

:shrug:

He's always been a bit of a goofball, but he's right about structural problems. Not sure if I buy into his commodities hype.
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liberation Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 06:20 PM
Response to Original message
6. I don't mind these people have so much wealth, as I do mind the fact they have no f*cking clue
Edited on Fri May-07-10 06:21 PM by liberation
Just because they manage to make theft and scamming legal, they think that by overloading some fancy sounding term (i.e. "correction") and repeating it over and over again, like it somehow makes them sound like they are less of a bunch of sociopathic creatures scheming along their entire lives.


This is a scam. The sooner people finally realize it, the sooner we will be able to move forward as a species.

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