I quit the business in 1992 when I saw the stupidity of Academia combined with "greed" and Criminals bought our Markets..........thus ushering-in today.

The sole cause of today is this: Business Fundamentalism was replaced by Ivy Leaguers spewing "Quantitative Physics" while "seeking wealth" without boundaries or business expansionism without ethics--which is the essence of understanding money, money flow and its usefulness in creating an honorable Global Pax Americana Empire. Albeit those Morons would instead misuse and abuse the Military in the name of Roman-esque Expansionism by which men like Nero would teach the owner of HIstory the necessary lessons for the Philosopher within--there was none. Thus, the WTO and Galactically-stupid people "Conpiring" within Treasury, Reserve and both Commercial/Investment Banking who owned everything except a moral, would steer the Titanic called "American Capitalism" into its innevitible doom--along with it those with whom they derrived thier wealth, called American Exceptionalism.

Albeit, the Masters of Business was a "Kellogg" license to become a Selfish Scum Bag. We learned nothing from Michael Milliken and Drexel Burnham or KKR. What we learned actually, was how to disguise them through Hedge Funding and Equities Investment Groups dedicated to the Rich Few who pooled their Capital, bought into companies considered Icons of "American-Branding", so that the influx of huge amounts of Capitalization ensured retained "Market Leadership". Free Markets--Bullshit--yeah right, and I have Ocean front property in Arizona for sale. Greed and purchased Industry Leadership (which should have been earned through Consumer Demand) was met with an abundance of Chinese, Taiwanese, Korean and Japanese products flooding our Markets. The "Equities Funds" didn't plan on havning to compete with Slave Labor-made products as good if not better than thier U.S made products and so, they dilluted thier Trademarks by outsourcing thier products to those same countries, and then re-importing them. LOL How can they legally defend thier Trademarks when they themselves, dilluted them internally? Duh.

Today, came to fruition simply by one reason..........American Manufacturing paid its Executives 200-300 times the average Worker's Salary and then claimed "We can't survive in America with its high costs of Labor and Taxation". Liars! Bums! Scumbags! I looked at GM's 10Ks and 10Qs recently and my God...........the company should be simply shit-canned altogether with monies for a "Hostile Takeover" being loaned at giveaway rates to the Employees with Union Concessions guaranteeing that in exchange for Equity Ownership, the Employees make Wage concessions until GM posts a profit. The Executive Salaries, Add-Backs of "Misc. Expenditures", Advertising and Marketing Expenses, etc, etc, etc........... GM was simply run in the ground by internal Crooks who were only out for themselves and non else. They fired Ad Agencies............. they abused Suppliers...... they bled Consumers dry through GM Credit on Cars and Trucks that simply fall apart and God only knows who in our Government is taking bribes not to prosecute GM and Ford for NHTSA (National Highway Transportation Safety Administration) violations. Oh yeah I forgot, that GM and Ford are "Brand Exclusive Names" that should be allowed to survive since they are uniquely "American". So what if a few people burn up due to Oil leaks and Cruise Control shorts..................or a Big Block motor has Piston Cylandar Walls too close to the Transmission Mounts and cracks the Block causing Coolant to leak--an American Truck for $40,000.00 should only go 80-100,000 miles before needing a new Motor--while the Japanese Toyota Motor lasts 4-500,000 miles? And we expect to compete Globally with shit products that are "American Icons" of Branding, eventhough those eras were when America was a "Closed Door Economy" and there was no Foreign Competition? Are we stupid or is the water just tainted in America, which causes us to do and say stupid crap? Gee...................and the whole I thought we Americans took pride in our work--err, rather maybe we just show up and expect to get paid for doing our minimum best? I guess it's the Advertising and Marketing Industries problem that GM can't keep up with the demand for European Designs and Japanese reliability for reasonable purchase prices. The saying is this...........GM and Ford etc, don't make money off the sales of its vehicles--it makes it off the Servicing and Aftermarket Royalties".

Now......... if you take GM and Ford and then add all the other "American Brand Exempt" companies that won't be allowed to "Fail" and look at all the Private Equities Groups and their Wealthy Political Investors....... it clearly paints the pictures of Billionaire Boy's Clubs and those who own our Economic Problems. One can get a pretty clear picture of our Market's collapse and the complete "theft and deception" those Crooked Rich Guys imposed on the rest of the world--those Reagan-ites who used Totalitarianism and Military forced attrition, to make other countries look like us, then they simply stole thier money by using De-Facto Monopolies and Private Equities Investors monies to own Markets by which others attempted to compete within, to no avail. Eventually their gimmick was revealed and so they moved Overseas to one-up thier Competitors.

In conclusion...................... Wall Street in whole, is a Ponzi Scheme and the G-20 was suckered in and ripped off. It is a Global Crime of biblical proportions. And Obama better get real serious about forcing restitution by seizing Assets and Bank Accounts while we can still pay down the Interest on China's debt. I wonder if the real "Emergency" which caused Bush to yell, "The sky is falling, the sky is falling", wasn't the result of some pissed off Sucker who realized the "Rip Off" and threatened retalliation if we didn't pony up the dough. Hmmm............something like that had to have happened, to make GWB completely flip-flop on his core "Principles" of "Free Markets". LOL Hmmm...................I wonder how many others know the Con Game that was run on them?

I worked on the CBOT in Chicago--Prudential Bache. I can tell you, that quite possibly the ONLY honest people at the Exchanges may be the Runners or Arb Clerks. The Brokers and Traders (who own seats) are all a bunch of Thieves who'd sell thier own mothers for a guaranteed "Blue Chip Chart"--They love thier Charts as far back as possible, so they can track trends and tendencies based upon historical examples. Hehehehe................and when that doesn't work, they just keep a Second Book like Truck Drivers keep two "Logs" and they park Stocks to create a false Secondary Market before they sell them off to their Victims--it's done all the time in Initial Public Offerings or Securities a Firm is making a Market in, takes a shit and tanks into becoming a Bitch Dog with Fleas--carry the float with some Pals, make the Stock hit an uptick and unload it to the Saps taking up room in the Broker's Book--those who only play with $5,000.00 or less are "Wastes of Time"--that would be you, the "Average Investor". This is what Bernie Madoffwiththeloot did--took Principle and parked it in a Money Market, then paid Dividends to various Investors who brought the most dough to the firm. Go back in history and look at the Clintons and thier Cattle Futures Investments--what was it again....."White Water" or something? If the CIA wasn't getting slush funded by Organized Criminals using Wall Street to wash their dirty money or from the Drug Dealers who do the same thing, we might restore Capitalism to America's Main Street Retiree who was sold a bag of horse shit to believe in Capitalism and lost thier retirement monies in the process of becoming educated into the real world. Oops...........eh well someone has to finance Overthrowing Govenments and Assassinations programs or paying Universities to develop "Torture Drugs or Methodology or Biological Weapons"--right?

The whole damn thing is a farce and one big screw job for those who aren't in the "know" or "inside" where the Players move markets to carry a Float of volatile stocks where the company's CEO is in the Trader's back pocket and needs to be carried a while so he can parachutte out with his Gold in Off Shore Accounts. It's really no different than Realtors who create a Bidding War for hot properties by scheduling limited Showings after dangling "Bait" for weeks to other Realtors. It's all a Big Fawking Scam--scuse me while I kiss the sky. Anyway...............there is no God on Wall Street and as such, there is no "Moderation" of greed, envy, gluttony, lust, pride and anger--all are Sloths so............hehehehe. The SEC is a farce and Insider Trading exists all the time within Private Equities Investment Fund Managers who belong to the same "President's Clubs" where information is swapped in the Hamptons, sent to Barrington Hills in Chicago and then to Johnson County in Kansas to Beverly Hills in California. Texas doesn't matter as that is where the Wealth originates from the Hunts, Johnsons, Klebergs and others in Vermont--guys with initials like J.P etc.... The worst gimmicks are in trading Currencies..............man I could tell you some stories about those Traders and thier Banking Clientelle. LOL

The only way to clean up Wall Street.............automate the whole damn thing and elliminate the Human Interaction--computer programs could do it all from Day Trading to Long Term Speculations. Make it fool proof so no-one can hack it or reprogram it. Make it unsusseptible to Electrical Outtages or forced Re-Boots or Data Loss Corruption. The Feds could do nothing but investigate Traders and Brokers,(enough deal drugs on the side or work for Criminals) trace the money and boom--there's your TARP Fund just from the 20% of Global Wealth that's controlled by people who don't want to work for an honorable living--Crooks. This whole Economic mess is a 6-month ordeal if we had honorable men and women dedicated to going after the real Culprits. But then, it would go so high up in the Government, we'd have host the G-20 from inside Leavenworth. Plus, when did anyone say Americans were honest peoples or honorable? After all, don't we all have the right, to be wrong now and then? LOL (anyone get that?) Besides "bravery" is overshold and doesn't put anyone into Office. To go after the bad guys these days you need a Bobby Kennedy and when he died so too did American Honor and Decency.

Ehh..........so Obama and his Pals decide to take out a couple token guys like Madoff.................so it appears like something is being done--bfd. The fact is the crap we don't talk about at Dinner Parties or Political Fund Raisers, gets financed by some nasty Psychopathetic people who yell, "The Sky will fall if we don't overthrow Cuba!" And then..............the Bay of Pigs happens and a great Man like Kennedy has to fall. Why? Because We the people live with our heads in our asses and pretend like if we don't see it, then the Boogy Man doesn't exist. Or, we get buffooned by an entire Political Party to believe that all our woes belong to one organization--Al Qaeda. WTF, it keeps us from looking at our own CIA and NSA and or where their Operating Budgets come from. The Crooks in our Government, Banks, Stock Markets and Universities makes Al Qaeda look like Boy Scouts--sure--but it keeps us looking away from the real murderers of Patriotism and American Exceptionalism, where Men and Women of good consciences still believe in Old Dogs and Children and Watermellon Wine. How's that for telling it how it is? Don'te believe me--good--you are better off that way, so go back to sleep.

Anyway..................Guns don't kill people..............people kill people and so too, the people that suck, infect everything they touch or control. Is it true of stocks and Wall Street? Yes. Sadly a single Crook with "Title of Entitlements" from Harvard, Yale, Cornell or Princeton, can create a trainwreck of un-fixable consequences. Ours we must bare for generations to come, is the ideology that money is the sole pursuit for those who wish to be powerful or purposeful--that the humble Poor or Working Man/Woman is less than equal to that of a Wealthy Tyrrant. Our children see, hear and talk about us and our diseased minds and hearts and they take it to the next level--where does that lay--it doesn't as Mankind does not recover from this unless we change and change NOW.