Inside Job Documenterary

[AncientwisdomParticipant 6089]

A “documenterary” on the 2008 financial crisis.

I knew watching this would p~~~ me off. Anyone seen it? My main problem is the general message: the stock market is some grand conspiracy; and the implication is: Individuals should be protected from placing their own bets.

F~~~ off Matt Damon (the narrorator of the film) , and every other left wing loon whose made their fortune by the “greed” of America, then become the sanctimonious martyr for the rest of us. You’re narcissistic c~~~s. You made your fortunes off of this society, then critisize it as though youre some self sacrificing lamb. How ignoble of you!

Intentions are so transparent.

Liberals- keep your self serving, sanctomonious swinery to yourself. The PC, feminest BS youve been promoting has almost ruined our society. Rome is burning; its sad to know the silent majority is being controlled by the SCREACHES of the 10%.

Resident cynic.

[KeymasterKeymaster]

The crisis of 2008 can be explained but you won’t hear it from Matt Damon – or the left.
Women ruined the economy because they think “credit” is the same as money.
One stable stock that just kept going up was……….. VISA.

Women caused the subprime mortgage meltdown. They don’t know how to treat “property”. Just look at how they treat themselves! The let themselves get fat and totally out of shape , and then they start crying about it. They also treat their cars and houses like sh*t. The last time I let a woman drive me anywhere, I didn’t. I insisted on driving HER car myself and she had to kick through a foot of trash and debris in her passenger seat to even sit down. That’s how a woman treats something she owns. She lets it go to hell.

Women don’t understand ownership. They only understand “consumership” That’s why they should only purchase things that can be used. Things like make-up, clothing, pots and pans, and especially birth control; all things meant to be used up or thrown away when something better comes along.

MEN are owners. We invented ownership and we fought the wars that resulted from this awesome invention. Ownership is about putting work into something, including ourselves, in order to increase its value. Women just complain until someone either pays more for access to their vagina, or lies better while doing it.

A boob job doesn’t make a girl smarter,
it just makes her LOOK smarter.

• In 2003, one in five home purchases were made by single women.
• In 2004 women were 32% more likely to receive a subprime mortgage than men.
• In 2005 women were 41% more likely to receive a high-cost subprime mortgage than men.
• In 2006, 30% of mortgage borrowers were women
• In 2007, 38.8% of subprime mortgage borrowers were women.
• In 2008, women were 29.1% more likely to be financially stupid and irresponsible.

The economy is like a symphony.
It doesn’t take an orchestra to f–k it up,
it just takes like 29.1% of the instruments.

If you keep doing what you've always done... you're gonna keep getting what you always got.

[FrankOneParticipant 1443]

Greed is good. It’s what made America great. Look at all those libraries built by [Andrew] Carnegie money. I love entrepreneurs and small businesspeople.

I haven’t seen the documentary, but I believe economics and economic history is very important and should be given MUCH more emphasis in schools. For instance, an honest understanding of how government, through support of both Democrats and Republicans, encouraged subprime lending via support and increases in Fannie & Freddy — THAT was the fuel for the subprime crisis — government insuring untenable mortgages, then later sending wrong signals with ‘too big to fail’, rewarding losers, NOT exotic bundled securities, in my opinion.

[UntamedParticipant]

It wasn’t a “financial crisis”. It was an international financial coup.

Don't let them Blame, Shame or Tame you!
Give 'em NOTHING, not even an answer!
#GenderSegragationNow!

[Ned TrentParticipant 4894]

One stable stock that just kept going up was……….. VISA.

Hey Keymaster, you know that’s very interesting, because I remember a VISA advertising slogan, which happened to be sung by a woman at the end of a commercial (I believe it was back in the 90s) –> which went like: “VISA, die Freiheit nehm’ ich mir…” or translated as “Visa, the liberty I’m going to take…” quite a significant statement in that regard if you ask me…

Gentlemen, the future has already been sold (to whom ever), merely the price tag is still being negotiated about…

I'd rather die a natual death with a clear MGTOW conscience somewhere off the grid than one within "modern" civilisation with a big stress mark on my forehead and a couple of dozen tubes plugged into my body. Back to the plantation..? Me..? Hey, literally: I won't ever fucking kid myself...YZERLMNTSIC

[ToadParticipant 271]

I knew watching this would p~~~ me off. Anyone seen it?

I saw it. back in the 2010 and i remember me blind of angry because, same as the lie about feminism, i understand that the ruin of most part of my family members had been planned…
now that today after years of suffering, horror, depression and believing that there won’t be light at the final of the tunnel, i am in peace for now… crisis is like feminine nature… a lie , and even now that i’m in peace i know that there is always risk of falling again in their traps…
“i touch wood”…like we said in my country for avoid bad luck…

[Anonymous 42]

Everything done now is based on hysteria and not the facts!

Obama: Shut down coal plants!
China: burn more coal.

Obanana: Millions of acres of solar panels made of toxic heavy metals are “good for the environment”.
China: We’ll make all the solar panels for America!

Obama: It’s a good deal “I made” with Iran over nuclear capabilities!
Iran: Death to America, and death to Israel by any means at our disposal, including atomic weapons and missile delivery systems! And thanks for all the cash needed to realize our dreams! Suckers!

It’s not until corrupt politicians hang in public courts that any real CHANGE can be expected, until then, it corrupt business as usual.

MGTOW is the only logical choice when insanity governs the day, and criminals rule the night…..
or >>>>>>>>>>>>
Oh, I’m gonna have a family, and a wife, and if feminism doesn’t ruin it, I’ll be able to feed them to nuclear winter, yea that’s what I’ll do, dumpty dumb!

[Anonymous 18]

It is quite unrelated to the discussion at hand and I admit I have 0 idea of how stock markets and investments on global scale work.

But there is a 63-mile distance from Tin City, Alaska to Uelen, Russia. If you were to build a bridge over this short distance, I could go from Tin City, Alaska (where it is 10:29AM on Saturday) to Uelen, Siberia, Russia (where it is 6:29AM on Sunday).

A 63-mile distance allows me to travel almost 24-hrs in future, make investments and return to past. Could I manipulate markets? Just a thought.

http://www.distancefromto.net/between/Winter+Trail+to+Lopp+Lagoon+and+Tin+City/Uelen

[IGMOW (I Go My Own Way)Participant 2572]

This would be a good thing to discuss in the economics/finances forum on here.

Ok, here is my take:
* American middle class wages have flatlined since like 1980 or so, and going back even further. Things went from one income, to two incomes, and then globalization, and Middle class earnings not going up. What had replaced income as a driver of the raising of standard of living wasn’t more earning, but increased borrowing. First it was credit cards, and then changes in tax laws made it so borrowing on home was tax deductible. And student loans also went up, and as big mess.
* After the dotcom bubble happened, the money in Wall Street decided to game home mortgages. There ended up being this complicated system that grew where loans exchanged hands and banks got freed of liability of holding overinflated property prices.
* Throw in government securing mortgages, some cheerleading to get loans, removal of separating of different banks, and changes in other parts of the landscape.
* Add the delusion you had a fool-proof investment vehicle based on the premise that “mortgage prices NEVER all go down at the same time everywhere”, and then throw in a lot of leverage on that. And then create insurance paper that is supposed to back all this from going bad, and play around with it like futures. You create a black swan that people could see but refused to.
* Throw in also the pricing mechanism breaking down. You had everyone benchmarking themselves against price, and you ended up with a Bubble environment, where everyone is a seller waiting for the next sucker. Throw in also with this psychology of Bubbles that happens, which shows that markets aren’t always rational. It has been show, EVEN WHEN, the actual price is known, the drive to maximize profits will cause investors to play the next sucker syndrome, and think they can get out before things crash. PBS did a broadcast one time on all this:
http://www.pbs.org/wgbh/nova/body/mind-over-money.html

Here is the episode;

If you want to see an experiment that shows the next sucker syndrome happening with markets, from that episode, you can watch here:

There is also the government insuring loans that was an issue, in the sub-prime area. Some have argued that the government held a gun to the heads of the market to make them make these risky loans. Well, maybe, but the way Wall Street acted, if it was a hostage situation, their use of leverage showed a case of Stockholm Syndrome. In this case, everyone there ends up feeling they have an excuse because everyone will lose, and it can’t happen, and they just have to do better than other investors.

"I am my own thang. Any questions?" - Davis S Pumpkins.

[Anonymous 29]

Keymaster wrote:

Women ruined the economy because they think “credit” is the same as money.
Women don’t understand ownership. They only understand “consumership”

And they think they are fit to run the world ?

[Author]

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