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[Daily Markets] economic machine, but the truth is that the U.S. financial system is essentially one massive betting parlor at this point.  In fact, there has been a whole lot of easy money made in this betting parlor over the past several years by our politicians and by the big financial players down on Wall Street.  So how did they make all of this money?  They did it by betting against America.  By betting that the U.S. economy would do badly, a lot of very powerful people have gotten insanely wealthy.  Literally billions of dollars have been made over the past five years simply by betting that the U.S. housing market would go into the toilet.  But is all of this “short selling”

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[Forex Strip] How Is The U.S. Economy Supposed To Succeed When Our Politicians ...: Most people around the globe think of America as a great “capitalist” economic machine, but the truth is that the US financial system is essentially one massive betting parlor at this point. In fact, there has been a whole lot of easy .

[Tom Roeser] Tom Roeser: Personal Aside: Bill Brady's Economic Troubles Make ...: The media missed almost completely the defeat of Mike Bilandic to Jane Byrne because in covering the Bilandic reelection it saw only mile-long banquet tables filled with hefty donors and the endorsements of the major newspapers. 

[Alternative Right] Life on Pluto: Unlike real banking which raises capital for worthy enterprises, the CDS market is a betting parlor with no social utility. But don’t the bets just change hands between winners and losers with no harm to the rest of us?

[John Moorlach's Postings] MOORLACH UPDATE -- OC METRO -- April 14, 2010: Moving to avoid a legislative fight with the city, Orange County Fair officials Friday asked a local assemblyman to withdraw a proposed bill to allow a betting parlor at the fairgrounds.

[Community Server] At Large | AC Is Proof Racing Can Succeed in Spite of Self ...: Racing is oversupplied and underdemanded...provide a spark of racing here and there, and you fill the demand. These types of meets are great--reproducing the same feeling will require MANY reductions in days and races--but that will substantially increase attendance, purses, handle (on the days that are run), and field sizes.

[Common Sense--Learning to Live] Gangster Gov't-The New World Order: chief designer of a giant commodities betting parlor. Its Goldman Sachs Commodities Index - which tracks the prices of 24 major commodities but is overwhelmingly weighted toward oil - became the place where pension funds .

[TARPLEY.net] Fight the Derivatives Cancer with a Wall Street Sales Tax, Plus ...: The Federal Reserve failed in the run-up to the crash of 1929, in the run-up to the banking crisis of 1933, in the run-up to the stock market crash of 1987, in preventing the dot com bubble of 1999-2000, and in regard to the financial derivatives which caused the banking panic of 2008. Locating any consumer protection bureaucracy inside the privately owned Federal Reserve is simply to guarantee that such a bureaucracy will be subject to regulatory capture by Wall Street at the earliest possible moment.

[Test] wow - goldman sachs: The effects of the housing bubble are well known ”” it led more or less directly to the collapse of Bear Stearns, Lehman Brothers and AIG, whose toxic portfolio of credit swaps was in significant part composed of the insurance that banks like Goldman bought against their own housing portfolios. In fact, at least $13 billion of the taxpayer money given to AIG in the bailout ultimately went to Goldman, meaning that the bank made out on the housing bubble twice: It fucked the investors who bought their horseshit CDOs by betting against its own crappy product, then it turned around and fucked the taxpayer by making him pay off those same bets.

[The Economic Collapse] How Is The U.S. Economy Supposed To Succeed When Our Politicians ...: It is one thing to make a legitimate profit on an investment.  It is another thing entirely for the biggest financial institutions in the United States and our politicians to be making massive amounts of money off of the economic collapse of America. 

[City Room] Off to the Races With OTB - City Room Blog - NYTimes.com: Many in NYC, feel that it does not make money for it overpaid for rent in politically connected landlords that then gave money to politicians to run for office The money it makes comes from lost individuals who are dreaming of an escape from their existence. A chance to correctly pick what comes only once a year at best.

[Breaking News from The Birmingham News] Bessemer Mayor Ed May vetoes electronic bingo ordinance again | al.com: This guy has no concept of the economic value that bingo would bring for his city and the state as a whole. He is close minded and should be replaced. Inappropriate comment? Alert us. Reply to this comment | Post a new comment ... The problem in that case is, the "bingo parlors" are using illegal machines. If, however, you are playing on paper cards at a charity, it is only your business. Inappropriate comment? Alert us. Reply to this comment | Post a new comment ...

[politicalbetting.com] politicalbetting.com » Blog Archive » Tonight's polling templates ...: I wish you luck with that, but I fancy your are going too high - maybe by thirty seats at best. by HurstLlama May 1st, 2010 at 1:47 pm .

[The Valley Advocate: News] The Valley Advocate: News - Stein Stands Alone Against Gambling: Signers also pledged to not go to casinos or slots parlors and to "strongly encourage my children and family members to avoid such establishments. Instead, I pledge to direct my discretionary expenditures into locally-owned, productive businesses that are good neighbors in the community, that do not exploit people with addictions, workers, or the environment, and which are the best way of creating permanent jobs in a sustainable economy."

[A Voice in the Desert] Goldman Sachs - The Great American Bubble Machine: There’s Joshua Bolten, Bush’s chief of staff during the bailout, and Mark Patterson, the current Treasury chief of staff, who was a Goldman lobbyist just a year ago, and Ed Liddy, the former Goldman director whom Paulson put in charge of bailed out insurance giant AIG, which forked over $13 billion to Goldman after Liddy came on board. The heads of the Canadian and Italian national banks are Goldman alums, as is the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank of New York ”” which, incidentally, is now in charge of overseeing Goldman ”” not to mention ”¦

[Btx3's Blog] NY Gov. David Paterson - Budget Battles and Conservative Welfare ...: yesterday was “Tax Day”, where a bunch of Republican Tea Bagger clowns running around the country protesting whatever.  Governor Paterson points out indirectly that the states which are in the Republican Red Zone, are the ideological center of the Tea Baggers – and are now threatening to raise Militias to protect themselves from the “evil”

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