Friday
Oct232009
Bird And Fortune On The Financial Crisis: "You Have To Understand What Bankers Actually Do" (Comedy)
- "You have to understand what bankers actually do..."
- If you've never heard of British comedy team, Bird and Fortune, you can start here. It's Friday afternoon, so enjoy some laughs.
Satirists John Bird and John Fortune offer their take on boom and busts, banking and bonuses. This exclusive video was created for FT.com and filmed in the Financial Times' offices in London. You can view the full 10 minute version of this clip on FT.com.
Comedy Video: Bird and Fortune Explain Market Sentiment and The Sub-Prime Crisis (satire)
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Reader Comments (3)
November 2007…Democrat Barack Obama has promised an "aggressive" diplomatic drive and face-to-face talks with Iran's leaders if he is elected US president, igniting a new 2008 campaign foreign policy row.
October 2009… The Obama administration expressed mild disappointment Friday that Iran withheld a decision on whether to accept a U.N.-coordinated plan that could ease fears about Iran's potential for making a nuclear weapon.
If you can say that the Obama administration is mildly disappointed, my guess is you are or will be VERY DISAPPOINTED.
BUT NOT SURPRISED I HOPE…
http://www.americanthinker.com/2009/10/if_obama_were_marxist_what_wou.html#
Cloward-Piven Scheme for Planned Catastrophe: Ominously, in 1966, Columbia University scholars Richard Cloward and Frances Piven published a theory outlining methods to destroy a healthy capitalist economy and force communist revolution. This eliminates capitalism by making impossible state budgetary demands, thereby bringing government insolvency.
Critics claim Obama's budget is an example of the Cloward-Pivin model of planned economic destruction of a functioning capitalist economy via sabotage. Outlays are so gigantic, and so dreadfully misspent, that our financial infrastructure will soon collapse. A trillion dollar tax increase and spending rising by $10 trillion dollars over the next decade is probable. If so, government default will occur, only offset by mass currency printing, which will then bankrupt the general populace. The middle class will fall. Chronic inflation will result, causing America to lose its sterling credit rating. Global financial players must dump the dollar as it swan-dives. Then, hyperinflation will accelerate, and the era of superpower America will end.
I actually think we're gonna have a dollar rally here short term...too many people leaning the other way...When one side of a trade is too crowded, be careful.