tag:blogger.com,1999:blog-53246864840716464.post4656424082525324795..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and TradeUnknownnoreply@blogger.comBlogger20125tag:blogger.com,1999:blog-53246864840716464.post-78840439798003323802011-02-08T16:34:08.136-08:002011-02-08T16:34:08.136-08:00Hey there;
I just watched a report about Blythe M...Hey there;<br /><br />I just watched a report about Blythe Masters on The Keiser Report on the channel Russia Today, and the tactics this lady implemented into financial systems are of outright robbery!! Shame on her.<br /><br />Many thanks for your informative post.<br /><br />http://www.andyettheydeny.blogspot.com/sign here ...............................https://www.blogger.com/profile/13701555006751535752noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-76300927655444109472010-03-25T18:39:34.653-07:002010-03-25T18:39:34.653-07:00Figures a woman started this nightmareFigures a woman started this nightmareAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-5522996749844854562010-03-25T17:16:06.417-07:002010-03-25T17:16:06.417-07:00The easiest way to bypass toxic CDO's and to r...The easiest way to bypass toxic CDO's and to rid yourselves of government and the more invasive private company control and to make a better future for your descendants is to take on renewable energy as soon as possible and adopt a sustainable economy.<br />You then control your energy needs on site and if you have a return to community (remember S&L's before Reagan) banks you will control your finances locally. Instead of blaming everyone else start decentralising your needs. The Vampire?pyramid scheme masters hate this. Today with a 3Kw Solar system you could run a new electric car and your home needs and if you live with low consuming electrical goods you may have enough left over to sell to the power company. Take control of your futures not whinge about the big bogie man.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-66066523110412205452010-03-25T10:26:20.583-07:002010-03-25T10:26:20.583-07:00Blythe Masters did not invent credit default swaps...Blythe Masters did not invent credit default swaps. My 6th grade teacher, Mr Edwards, taught us about this before she was born. Maybe she tweaked it to fit into current economic structure but the plan was there more than 40 years ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-3679198179078170742010-01-14T16:01:49.270-08:002010-01-14T16:01:49.270-08:00I enjoyed reading your article as well as the othe...I enjoyed reading your article as well as the other comments below; you are very accurate in your assessment of our current situation. <br />My take on this subject is that our American culture has unfortunately developed a “something for nothing” attitude with many of us looking to cash in on our “lottery ticket” when it appears. <br />All one has to do is look at the $1 trillion wagered in our US gambling industry (legal and illegal gambling) per year, one of the largest and fastest growing industry in the US, to better understand this concept. <br />It doesn’t take a rocket scientist to understand that that our politician’s insatiable need for money to stay in power will always play to those that have it. Is it any wonder that gambling with all its allure would eventually find its way back into our financial system? I say back because it was banned decades ago through the passing the Glass-Steagall Act, a law passed by congress just after the Great Depression to help prevent another one from reoccurring. Among other things Glass-Steagall helped shut down “bucket shops”, gambling parlors that accommodated Wall Street betting on companies and also prohibited cross-ownership of banks, securities firms, and insurance companies.<br />Through the passing of the “Commodities and Futures Modernization Act) of 2000, Pandora’s box was essentially opened by our politicians and the keys turned over to our financial institutions to create our new extension of the Las Vegas strip, the Wall Street Strip. <br />Unfortunately this time Wall Street financial institutions used our homes to wager against. Then after creating and popping the real estate bubble, got bail out money, paid themselves back by cashing in the credit default swaps called in by their counter parties and in the process stole 10 years of real estate wealth from those who no longer could pay their mortgages due to lost jobs and the economy killed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-11184210788950311362010-01-02T16:47:03.931-08:002010-01-02T16:47:03.931-08:00As an Expat Wall St. lawyer, expertized in regula...As an Expat Wall St. lawyer, expertized in regulatory arbitage, toiled hard for my banking clients (i.e., ALL the usual suspects -- all of them) to maintain the regulatory status of OTC derivatives as "neither fish not foul , nor good red herring".<br /><br />THAT SAID, Cap & Trade ("C&T")is inevitable in U.S. -- the EU ETS has got it. Hate to say it, but C&T is the most "efficient" price discovery mechanism out there -- since the whole point (in my mind) is to "discovery" the cost /price of the carbon externalities. And yes the Banks will take a huge tithing -- if we got a problem , then shut donw the current market in Energy Derivatives. Carbon Trading will be an arbitrage position vis-a-vis ALREADY EXISTING gas/coal/power OTC derivatives -- in oil tradiong bus. when they trade oil vs. gasoline vs. kerosene etc., its called "crack trading" (someone go figure).<br /><br />Blessd,<br /><br />Deep Thought<br /><br />Full disclosure : I'm with the Anthropogenic camp when it come to who/"what" caused the currnet global warming -- it ain't about sunspots, ladies and gents.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-26655014143249179412009-12-29T10:35:52.424-08:002009-12-29T10:35:52.424-08:00Another form of graft and extortion which the publ...Another form of graft and extortion which the public enables by tacit approval; dumb, dumb, dumb, dumb, dumb!simeauhttp://www.cuttingthroughthematrix.comnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-70923375562287175192009-12-28T06:05:49.125-08:002009-12-28T06:05:49.125-08:00The problem with Carbon Tax is that it puts $$$ in...The problem with Carbon Tax is that it puts $$$ in the hands of the govt and you trust them to "return it to citizens for insulation, etc." HAHAHAHAHA!!<br /><br />Cap and Trade puts $$ in the hands of businesses who are incented to lower carbon. Not a perfect system, and yes (gasp!) banks will make profits, but far better than a tax.Woe is Moenoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-90930560245210718792009-12-17T23:42:39.736-08:002009-12-17T23:42:39.736-08:00Life Insurance (other than pure term) is the same ...Life Insurance (other than pure term) is the same smoke and mirrors nonsense as CDS, et alAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-5371986460867912472009-12-14T00:24:59.147-08:002009-12-14T00:24:59.147-08:00Carbon Tax is the way to go: industries will seek ...Carbon Tax is the way to go: industries will seek lower emission, or no emission, alternatives in order to pay less tax.<br />The revenue collected can be returned to citizens to pay for home improvements like insulation, solar, etc and improving & expanding utilities like public transportation.<br />Much easier to implement than cap & trade, once the big players (also the biggest contributors) do it others will soon follow. Any nay-sayers will get a Carbon Tariff imposed and they'll quickly change their minds.<br />Phasing out coal by 2030 might not be a bad idea either.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-48724738486192169712009-12-13T17:33:37.182-08:002009-12-13T17:33:37.182-08:00AGW is at best dubious and corrupted science. At w...AGW is at best dubious and corrupted science. At worst, the current excuse for the largest power grab in the history of humanity.<br /><br />They taught math and science when I went to school, and I am a scientist. I am one of the 10's of thousands of people who know that AGW is a crock. The real science is out there, and trust me, we WILL have another ice age - real science predicts itAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-8324143973362367362009-12-11T15:22:01.911-08:002009-12-11T15:22:01.911-08:00Important article. It is imortant to wake up peopl...Important article. It is imortant to wake up people. Henry Ford said that if people would understand economics they would start a revolution.<br /><br />As long as the money elites can do what they want they WILL do what they want.Click here !http://blog.polignostix.comnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-46109832608948200452009-12-09T06:08:33.464-08:002009-12-09T06:08:33.464-08:00The sun warms the earth, this is true. The problem...The sun warms the earth, this is true. The problem is that greenhouse gases cause the retention of heat that would otherwise radiate into space, causing excessive warming. The principles are simple, but weather is not. People can't tell the difference between peaks and averages. One cold snap, it's "what global warming". Too bad they don't teach science and math in school anymore.<br />Cap'n'trade is another way to do nothing while pretending to do something, and get rich in the process. How American!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-84343244490323444632009-12-09T01:47:22.241-08:002009-12-09T01:47:22.241-08:00Oh my F***ing God!!! I used to work underneath th...Oh my F***ing God!!! I used to work underneath this woman back in the day (albeit many many rungs underneath the ladder).<br /><br />Over two years I tried to understand what CDSs were according to the company line, never made sense until I realized it was all BS. Now Carbon trading? What a small world.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-16193379302908570422009-12-08T18:19:38.006-08:002009-12-08T18:19:38.006-08:00Hopefully we'll open the paper someday, or tur...Hopefully we'll open the paper someday, or turn on the internet or watch the news and find that all these traitors have been arrested and are in jail. That would make my heart sing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-11780829358021825872009-12-08T12:48:33.345-08:002009-12-08T12:48:33.345-08:00Oh So Awesome! The Sun causes global warming, Wall...Oh So Awesome! The Sun causes global warming, Wall Street is allowed to monetize the effects and when the market implodes or gets out of control- based on irrational exuberance and/or the SUN'S ACTIVITY American taxpayers get to PAY FOR IT ALL THROUGH THE TARP CDS CLIMATE MARKET BAILOUT!<br /><br />I so look forward to making financial employees lives the stuff of wonder with my hard work.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-45130342668359925582009-12-08T11:16:29.936-08:002009-12-08T11:16:29.936-08:00I like shoes better. Better yet...bootsI like shoes better. Better yet...bootsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-7367025194633677002009-12-08T09:14:39.810-08:002009-12-08T09:14:39.810-08:00Simplicity is genius. He who creates the money ow...Simplicity is genius. He who creates the money owns everything. A fractional reserve fiat interest bearing money system is a ponzi scheme.<br />End the Fed, allow the US government to create enough money to pay off the debt and rebuild America's infrastructure and watch the United States for America lead the world to prosperity again!<br />The Colonies did it, the first century of the United States did it, England did it with the Tally system, and through out history flourishing civilizations did it! Time we did it again, it is due, it will be inevitable so let it happen now!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-81017868514366895492009-12-08T08:05:33.180-08:002009-12-08T08:05:33.180-08:00I cannot find a better place to say this, so I'...I cannot find a better place to say this, so I'll say it here.<br /><br />Yesterday a man was arrested for throwing tomatoes at Sarah Palin.<br /><br />I take strong objection to this.<br /><br />In our American Political Heritage is vast, varied, long and deep. -Noting this-, no one can deny it is entirely appropriate to throw tomatoes at political candidates, -all present, and past political candidates included.<br /><br />It is implied by our Vaudvillian heritage that we have the right to throw tomatoes at any and all public figures.<br /><br />Public people like Al Gore, David Letterman, Tom Cruise, Britney Spears, Tim Geithner, and Jim Lehrer should all be designated -OPEN-SEASON-.<br /><br />It certainly should be undeniably permissible to throw at said political candidates and moreso our political leaders, tomatoes, cabbages, eggs, feces of all types -and- even a dead carp.<br /><br />The historical precedent is clear.<br /><br />I consider this an expression of free speech, and -an extremely valuable expression of our free speech-.<br /><br />It should not be permissible to throw pitchforks at political candidates-<br /><br />-unless that is, -they deserve it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-53482038157650685712009-12-07T20:59:17.295-08:002009-12-07T20:59:17.295-08:00Man. Great article. I have flooded this out as f...Man. Great article. I have flooded this out as far as I can. Blogs, email groups, Reddit. etc. I hope we can educate enough people to do something in this world. Thanks for this excellent reporting. Peace bro.Orangutan.http://www.911blogger.comnoreply@blogger.com