The concept of “too big to fail”

Didn’t ANYONE of POWER get the memo back in 1998 when Greenspan bailed out hedge fund Long Term Capital Management based on this concept of “too big to fail”???

Oh stupid me, there was no memo! It has been 10 years since then with this “too big to fail” was financially invented and we either have not learned a dmn thing since then or it is fascist setup all along (LTCM was not even mentioned in this article shamefully!!!!!!!!!!) because let’s face facts. This country for a while now is nothing but one big wild wild west of a fascistly corrupt state. If you are rich, connected and of power or importance, then you really are “too big to fail”. Your mistakes and needs will be covered by others. If you aren’t, then you are just another small fish swimming against the current who doesn’t count for anything.

And they want a little guy like me to take risk again??? And they want consumers to buy GM cars again as if the company did not rob taxpayers blind? And they expect me to take out an insurance policy with AIG to be only denied at some later date??

All freaking hilarious. Yeah the best thing in the world is to take a risk on betting the downfall of more of those fascistly corrupt bastards. I will bet they continue to at least get diluted. The executives do not even care lol. They get their golden parachutes anyway while the stocks common and corresponding debt issues continue to devalue. It is all just a rearranging of the chairs on the sinking Titanic. And the beat goes on and on.

Saga.

Related Posts:

• Both GM and Ford stocks are headed to $1 per share or lower.
• The Fed(s) is/are not only monetizing the federal debt, they are also monetizing the stock market.
• Puts and calls on stocks are traded and cleared on an exchange.
• We know how it started and how we got here(short version):
• Chrysler to file for bankruptcy for the protection of it’s interest

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