[Video] On the Edge – Full episode

Stacy Summary:  Meant to post this earlier, but here is the full episode (OTE29) from last week. It’s also in much higher resolution.

161 comments on “[Video] On the Edge – Full episode
  1. Mini US says:

    I think what we need is MORE financial Instuments!

    That would fix all the other ones and we will all be happy.

    Can we hire a mathematician please?

  2. marietta says:

    :cool:
    :oops:
    :lol:
    I love this!

  3. Mini US says:

    Warren explains Fed trying their magic.

    http://www.youtube.com/user/wepollock

  4. marietta says:

    @mini us
    Warren really makes things clear.

  5. Mini US says:

    There has been much turmoil in Australian politics lately.

    This morning there was an opposition spill on the subject of ETS (carbon trading policy).
    There is new leadership in the opposition now and they will vote AGAINST any ETS bill.
    The Government will be devastated. A win for the climate sceptics before the Copenhagen meeting.

    http://www.smh.com.au/national/shock-result-as-abbott-wins-liberal-leadership-by-one-vote–ets-dead-20091201-k1uz.html

  6. Mini US says:

    Ooops sorry Stacy.

    Its that topic again. Can you transfer it to the Jibber of the Jabber?

  7. Phil says:

    Is The Fed Facing Margin Calls From European Banks?
    Submitted by Marla Singer on 11/30/2009 18:30 -0500

    http://www.zerohedge.com/article/fed-facing-margin-calls-european-banks

  8. frances snoot says:

    Well, Phil? What are the answers to Marla’s questions?

  9. frances snoot says:

    “In the United States the introduction of Basel 2 will begin in 2008. Banks with consolidated total assets of at least USD 250 billion or consolidated total on‐balance‐sheet foreign exposure of at least USD 10 billion (“core banking organisations”) will be required to introduce the AIRBA for credit risk
    and the AMA for operational risk. Other banks (“opt‐in banks”) will be permitted to adopt these advanced approaches if they meet the qualification requirements. For banks not adopting the advanced approaches two alternative options will be available: (1) to remain on Basel 1; or (2) to adopt a Standardised Approach closely based on Basel 2 but on which work is not yet complete.

    In India foreign banks and Indian banks with an operational presence outside India are required to introduce the SA for credit risk and the BIA for operational risk as of 31 March 2008. Other scheduled commercial banks are to introduce these approaches not later than 31 March 2009.

    In China large banks with overseas operations will be required to introduce Basel 2 by 2010.
    Postponements of this deadline of up to three years can be requested by other banks.”

    http://www.unctad.org/sections/wcmu/docs/c1mem3p13_en.pdf

    Interesting link in that it describes tiers of application for Basel requirements depending on the total deposits at the banking institution. The date 2008 for US was not met: we are online to begin the adherence in 2010. US banks cannot lend at this point whilst meeting the guidelines: it is survival now. The EU placed European banks under the guidelines in 2007 by a voluntary action, vote.

    Why is no reporting occurring on the Basel mandates or the affect on US banks? There is a media blackout.

    The US bankrupted itself salvaging key European banks with exposures to risk, for the Basel game. Now we are ill-prepared to meet the guidelines and our central bank in insolvent.

  10. Youri Carma says:

    Think I’ve completely nailed the Dubai sitution in this piece:

    The more conservative rich brother Abu Dhabi and UAE saved the day for Dubai and Dubai World again, which is not the same thing is stressed by Dubai, so it’s time for some good PR in which “reassurance” is the key word.

    Although Dubai likes to down play the situation a little bit, for obvious reasons all together, it has taken a severe blow in the real estate market with price drops as much as 50% in a very short time and in some areas it still may go down in this double whammie global crises but, understandable.

    This is merely an interlude to awaken the professional “soldiers” in the negotiation business like Rotschild, on the Dubai World side and KPMG who’s going to act as the sparring partner on the HSBC, Royal Bank of Scotland and Lloyds side. That’s going to be an interesting match.

    But with an eye on an uncertain future one can’t help to wonder if this realy is going to be their final meeting. When the future hasn’t arrived yet one tends to be more optimistic which unfortunately, looking at the current fundamentels, don’t show for. But to stay realistic, not everybody can say he has such a rich brother living next door. Hopefully the Black Swan will stay away this year, and it probably will but next year could be different.

    Current trends show future events and if we look at Iran and the United States today we might get a little worried.

  11. frances snoot says:

    @Phil:
    Here’s a blog that confirms the Zerohedge worry:

    http://ukhousebubble.blogspot.com/2009/03/aig-saviour-of-european-banks.html

  12. frances snoot says:

    This is interesting:

    :What has been underreported by the media during the financial crisis is the extent to which the London operation, which employed nearly 400 people, aided and abetted European banks in evading EU and global capital requirements, thereby allowing them to add tequila shots to the late and unlamented global credit party.”

    http://www.ihavenet.com/aig-bailout-european-free-riding.html

    Exactly!

    And the criminals are rewarded with major government appointments or are on the lecture circuit explaining mysterious derivatives.

  13. dan valley says:

    this is the first yr that goldman sacs will be buyers in dec ….normally it closes out buying in november…..hmmmm

  14. frances snoot says:

    The Ice Maiden speaks:

    “As you may know, the European Commission, based on the recommendations of the de Larosière Group, has recently proposed to establish a European Systemic Risk Council (ESRC) for macro-prudential supervision, under the auspices of the ECB/ESCB. [3] This Council shall inter alia identify and prioritise risks to financial stability, issues risk warnings and when necessary give recommendations on measures to be taken. In my view, the creation of the ESRC represents a major milestone in reinforcing the arrangements for safeguarding financial stability in the EU. However, three critical factors of success merit further consideration.

    First, access to relevant information for risk assessment and monitoring is crucial for the effectiveness of the ESRC. In this context, effective institutional mecahnisms should be in place to ensure adequate information-sharing between the ESRC and the micro-prudential supervisors.

    Second, the risk warnings and recommendations should be effectively translated into follow-up actions by the competent supervisory authorities. This requires adequate monitoring and enforcement mechanisms.

    Third, the global dimension of the financial system calls for strong cooperation and coordination between the ESRC and the IMF and FSB.”

    http://www.ecb.int/press/key/date/2009/html/sp090606.en.html

  15. dan valley says:

    You gotta watch this one..Discussing the Dubai situation, with Andrew Ross Sorkin, New York Times reporter; Robert Doll, BlackRock vice chairman; James Rickards, Omnis Group sr. managing director;

    The only person worth listening too is Jim Rickards everyone else is corporate shill/douchebag…listen and listen close.

    http://www.cnbc.com/id/15840232?video=1346069752&play=1

  16. frances snoot says:

    @Youri:
    Dubai was the appendix of the financial system. It is cauterized.

    Here’s the bbbbummer:

    http://www.europa-eu-un.org/articles/en/article_9179_en.htm

  17. dan valley says:

    the revalue of gold by buying it with worthless dollars …brilliant….say goodbye to the dollar!!!

  18. dan valley says:

    On Monday night, Congressman Paul appeared on CNBC to debate former ITC chief economist Peter Morici over the Federal Reserve’s role in the economy and the need for greater transparency at the Fed.

    http://www.youtube.com/watch?v=tCnlfIwRpqM

  19. Warren says:

    It would be a real coup to get Chavez On the Edege

  20. frances snoot says:

    @DanValley:
    You’d be better off watching Monday Night Football instead of those Bozos. At least you might win a bet on Monday Night Football.

    That news is shortchanging the American people. The Fed is not independent of the BIS system; the dollar is not owned by the Fed; and a Fed audit will only hasten our real time application as dunce colony of the EU.

    The men in the video understand the international financial system. Ron Paul knows about the sdr manipulations. The same old commercials to sell are being used to ignite ‘patriotic’ cooperation in a system that is moribund. Completely moribund financial system: run now by the TALF winds.

    We are doomed-doomed-doomed.

    Gold is not going to save anybody.

  21. Mini US says:

    Interest Rates just went up in Australia again today.
    The central bank wont meet again until early February.
    The base rate is now 3.75% and you can get on call at 5.50%

    I just dsent an email to the Govt saying…
    Great Policy.
    1. FHB Grant and Stimulus
    2. Housing and debt bubble continues
    3. RBA puts up interest rates
    4. Mortgage holders suffer, put up rents
    5. My rent goes up and can’t spend

    Great policy.

  22. WL says:

    @frances

    Read this, I am in a state of shock….

    It’s out in the open now. A plan for world government based around environmental laws, etc. Don’t go by just the Fox report, read the included linked UN reports/ documents. A couple excerpts follow.

    —new environmental rules, regulations and standards, and the linking of existing environmental agreements, in a stronger global lattice-work of environmental law, with stronger authority to command national governments. The Swiss paper calls it a series of “ambitious yet incremental adjustments” to international environmental governance. Indeed, the document says, UNEP’s “role is to ‘tee up’ the next generation of such rules.”

    —an extensive propagandizing role for UNEP that reaches beyond its member governments and traditional environmental institutions to “children and youth” as well as business and political groups, to support UNEP strategic objectives.

    Document Reveals U.N.’s Goal of Becoming Rule-Maker in Global Environmental Talks

    Environmentalism should be regarded on the same level with religion “as the only compelling, value-based narrative available to humanity,” according to a paper written two years ago to influence the future strategy of the United Nations Environmental Program (UNEP), the world’s would-be environmental watchdog.

    The purpose of the paper, put together after an unpublicized day-long session in Switzerland by some of the world’s top environmental bureaucrats: to argue for a new and unprecedented effort to move environmental concerns to “the center of political and economic decision-making” around the world — and perhaps not coincidentally, expand the influence and reach of UNEP at the tables of world power, as a rule-maker and potential supervisor of the New Environmental Order.

    Link: http://www.foxnews.com/story/0,2933,577827,00.html

    The actual UN plan is here

    http://www.foxnews.com/projects/pdf/113009_unepstrategy.pdf

    http://www.foxnews.com/projects/pdf/113009_IISDreport.pdf

    …….

  23. Mini US says:

    @Dan Valley

    Yeah, Rickards Rocks! He is cool, and usually correct.

    Sorry, what does that mean GS are buyers in December, normally the close up in November?
    Thanks.

  24. frances snoot says:

    @WL:
    Thanks.

    Dedo was talking about the law aspect: yes, makes sense.

    Remember Hegel’s caveat: necessity driven reality. The self-same.

  25. Youri Carma says:

    @frances snoot

    SDR consisting Japanese yen, pound sterling, and U.S. dollar which are exactly the weak currencies so has no use. Even when the Yuan goes in the SDR basket it doesn’t make sense cause the Chinese keep it pegged to the dollar.

    The U.S. could use the SDR to buy Yuans to lift it’s price but China could simply issue more Yuan to undue this effect and keept it sticky low to the dollar.

    Carrey trade together with the low interest rates is also a problem cause the money will only flow outside to the countries with higher interest rates which creates great unbalances in the money system and great volatility which, in a healthy system you don’t want to have.

    But the FED together with Goldman Sachs rig the system so they can profit with inside info but that doesn’t help the global money system but they don’t care. It’s a controlled demolition of the dollar sofar but this could change overnight when some country decides to dump and other follow it can cause a rapid implosion.

    FOREX-Dollar falls for 5th month in row as Dubai woes ease http://tinyurl.com/yd33wv9

    Besides the dollar devaluating problem there is the problem of the hidden debts in derivatives off sheet balance and the hidden debts in the foreclosures which are deliberately delayed to milk of fees. And the hidden debt in the accounting fraud with the Mark-to-market method – it’s worth what we say it’s worth.

    No money is going into the real economy which is the case from november 2008. Statements about banks not lending are of no use anymore since the economy allready collapsed so nobody wants any money. If they had spurt the lending in the real economy back in november it could have saved something but now it’s defenitely too late.

    If there is a method to the madness it’s to collapse the dollar in an attempt to wipe out the debt and start a war to hide the final stage of the collapse to only come back with a new system after the war.

    The troop increase in Afghanistan is not for Afghanistan but a preparation for the war against Iran. The goal to create a long lasting war not with the intention to win but to soup up taxpayers money and to destabilize the region succeeded cause Pakistan which was relatively stable has become a big mess now with even the danger of spilling over to India.

    Taxpayers money and Poppy money keep the flow of money going into the army and the very expensive XE in clandestine black operations usualy with the intend to stirr thing up and divide and conquer. XE shoots on each and everybody including the regular American troops if necessary. They are the criminal wild dogs under no control of the regular army with many camp rapes reported even in the United States. They are the loose canon.

    The corruption in America is everywhere and it’s better to ask the question where it’s not. Wall Street has stolen $25 trill and god knows how much the military complex did. Rumsfeld admitted the day before 911 that $2.3 trill had disappeared and that was back in 01.

  26. frances snoot says:

    @WL;
    Have you ever played jacks as a child?

    http://www.youtube.com/watch?v=kGbhW1EdEh0&NR=1

    Good even spread. Bounce the ball. Pick up those assets. Banker Jacks!

  27. frances snoot says:

    @Youri:
    It all depends on the reason for the sdr. Is it an orderly unwind of a fiat dollar empire: a way to place the ‘spread’ for easy pickup later? There never was a replacement for the dollar because that is not what the Bretton Woods boys want. They want a world of cooperating agents denied agency. The carbon exchange system delivers the better way. But that system too seems finite. The ideal the big boys foresee is a post-industrial de-populated world: a playground world for the few.

    I agree about US corruption being endemic. But, unfortunately, corruption seems as spread among the nations as men are spread among the nations. US had the advantage in the dollar to maintain a superior edge only.

    There is a definate agenda to the Afghan debacle. Don’t you think it is as Brezinski indicated a way to control the saddle of Europe up through the Caucasus? The war seems to be waged against the citizens of the country and not an army.

    We see all progressing with incredible rapidity. Next year brings the beginning of the woes. I think we all do well to prepare carefully for full-out deprivation of comfort and then basic necessities.

    Thank you very much for sharing your thoughts, Youri. I do read your words with great respect. I wish for just the scenerio you play at hand: but I see a great collusion of interest backing the European beast just borne. And interesting it is borne as a creature fully grown and able to masticate.

  28. dan valley says:

    @mini….what I think it means is the short position on gold expires in dec…..so they will wait to the last moment to cover..this is a tame reasoning …..on the other hand they will need to be open to continue consolidation of America….maybe an upcoming black swan….who can know at this point

  29. dan valley says:

    @ franky snoots ….”Gold is not going to save anybody.”….care to wager your soul against what gold can and wont do in the coming year????

  30. frances snoot says:

    @ franky snoots ….”Gold is not going to save anybody.”….care to wager your soul against what gold can and wont do in the coming year????

    Why should I wager my soul when you have already wagered yours? Mr. DanVitoMan.

    Franky stay mellow.

  31. dan valley says:

    or yet again goldman remains open when gold falls to the 950 short position and they buy buy buy

  32. anything but green.again says:

    @ Frances Snoot
    “The men in the video understand the international financial system. Ron Paul knows about the sdr manipulations. The same old commercials to sell are being used to ignite ‘patriotic’ cooperation in a system that is moribund. Completely moribund financial system: run now by the TALF winds.
    We are doomed-doomed-doomed.
    Gold is not going to save anybody.”

    Gosh, gal, you’ve been doing your homework. I wish I could disagree with you. In the short-term, we can still party and enjoy golden dreams; I”m trying for golden sunshine while it’s still an option.

    Ron Paul is a multi-generational Freemason who’s sworn on pain of death to immediately and unquestioningly obey all orders. He is another false Hope, a distraction, an energy sink, a trap.

  33. dan valley says:

    @ frank…I’ve done nothing of the sort!!!!

  34. frances snoot says:

    @DanValley:

    8)

  35. dan valley says:

    I think its high time we started man made evolution

  36. frances snoot says:

    @AnythingBut:
    Did you see the smiley link that WL posted?
    http://codex.wordpress.org/Using_Smilies

  37. Youri Carma says:

    @frances snoot

    TnX! Been reading your FOX docu too – some snip-quotes:

    The UNEP That We Want,” was the product of a select group of 20 top environmental bureaucrats and thinkers, ….

    …. pressuring governments around the world to sign a legally binding and more global successor to the Kyoto Protocol on greenhouse gas suppression, which expires in 2012.

    …. suggesting the outlines of the world’s environment-centered future, ….

    …. move from often being considered as a marginal issue at the intergovernmental and national levels to the centre of political and economic decision-making, ….

    —a new position in the international power game for UNEP, reaching far beyond the member governments that currently finance its core budget and make up its normal supervisors.

    —a major restructuring of international institutions to merge environmental issues with economics as the central priority. “We require an Environmental Bretton Woods for the 21st Century,” …. “The linkages between environmental sustainability and the economy will emerge as a key focus for public policymaking ….

    —new environmental rules, regulations and standards, and the linking of existing environmental agreements, in a stronger global lattice-work of environmental law, with stronger authority TO COMMAND NATIONAL GOVERNMENTS.

    …. international environmental governance … within and outside the United Nations system, …

    …. strengthen UNEP, including its financial base, and the ‘evolutionary nature of strengthening international environmental governance.’”

    —an extensive propagandizing role for UNEP THAT REACHES BEYOND ITS MEMBER GOVERNMENTS and traditional environmental institutions to “children and youth” as well as business and political groups, to support UNEP strategic objectives.

    This requires going beyond a narrow interpretation of UNEP’s stakeholders as comprising its member states — or even the world’s governments — and recruiting a far wider community of support, in civil society, the academic world and the private sector.” At the same time the paper warns that these groups need to be “harnessed to the UNEP mission WITHOUT APPEARING TO MAKE AN END-RUN AROUND MEMBER GOVERNMENTS.”

    —along with increased political leverage for UNEP, bringing INCREASED FINANCIAL LEVERAGE to its cause, once again by REACHING BEYOND THE NATIONAL ENVIRONMENTAL MINISTRIES ….

    “UNEP must focus on priorities that meet two characteristics: they should appeal to the more powerful [government] ministers responsible for economic policy; and they should empower environmental ministers at the cabinet table. UNEP’s message is not for environment ministers — the already converted…. IT MUST AIM HIGHER.”

    “Mobilizing sufficient finance to meet environmental challenges, including CLIMATE CHANGE, extends well beyond global mechanisms ….

    As far as UNEP itself is concerned, the document says, the organization “will raise contributions from the private sector, foundations and non-environmental funding windows…Funds will also be drawn from humanitarian, crisis and peacebuilding instruments, where appropriate.”

    …. UNEP AS RELIGION’S MAIN COMPETITOR ….

    Green Economy Initiative, a proposal to radically REDESIGN THE GLOBAL ECONOMY AND TRANSFER TRILLIONS OF DOLLARS ….

    The Green Economy Initiative, also called the Global Green New Deal, is a major counterpart to the new treaty on greenhouse gas suppression that all branches of the United Nations, and a horde of environmental organizations, are lobbying loudly to bring to agreement at the environmental summit in Copenhagen.

    http://www.foxnews.com/story/0,2933,577827,00.html

  38. jon says:

    good stuff. Alot of fill in information on the planned collapse of the economic system that we have now. And then the chaos and then the restructing of the world. At least you folks are catching onto the plan.

  39. anything but green.again says:

    @ WL

    “Read this, I am in a state of shock….

    It’s out in the open now. A plan for world government based around environmental laws, etc”

    The media blackout and left/right divisions have helped to suppress the real action, that’s been in the works for centuries at least. Worth taking a look at the bigger picture.

    “For those who may have dismissed the notion of a UN Agenda for a New World Religion used to usher in sweeping anti-constitutional environmental agreements, I offer the following.”
    http://www.conspiracyarchive.com/NewAge/Earth_Charter_Ark.htm

  40. anything but green.again says:

    @ Frances Snoot

    No, I didn’t check the smilies page. In the pre-diluvian days I was a heavy BBS user (according to the stats I logged in the most hours) and survived quite well without pictographs. My ability to communicate verbally is limited enough as is without reaching for pictographs that would surely finish me off. In no time at all I’d cease using the alphabet, just relying on smilies and links.
    Besides, they’re awfully Orwellian.

    Come to think of it, a long, long time ago a knew an architect who objected to having his child learn to read and write since only pictographs would be used in the future. Now I wish I’d asked him where he got that idea from, and some other crazy ideas like wanting to move from the edge of a national forest back into the inner city because oil prices were going to prohibit commuting. He phoned me up after midnight to tell me this so I suggested he call back in the daytime as it didn’t seem to be an emergency situation. Again I didn’t ask for sources or follow it up. Clearly his vocation exposed him to the long-term plan.

    Which reminds me, have you observed the architectural trends over the last couple of decades, how embassies were rebuilt to resemble fortresses, and cozy little suburban streets started filling up with mini-fortresses instead of the old open layouts? I used to wonder, “Expecting trouble?” Of course I know the answer now. Dedo does too.

  41. Mini US says:

    This isn’t going to help matters…

    “Iranian navy detains five Britons on yacht in Gulf”

    http://news.bbc.co.uk/2/hi/uk_news/8387469.stm

  42. WL says:

    @youri

    I didn’t mean to leave you out

    I am f$#ckin pissed.These slimey Globalists are shovin this crap publicly right in our face now. We all talked about it before now it is right f$#ckin there. Unfu$#enbelievable

  43. Youri Carma says:

    @dan valley

    It’s funny cause I was just aboutb to write to you that Jim Rickards is the smart guy when I saw you wrote the same and another remarkable thing is that in my Dubai piece I refer to the possible attack on Iran as the “Black Swan” for Dubai somewhere next year and I hadn’t seen the CNBC Jim Rickards interview yet. He expects an attack “countdown” he says from spring 2010, March by the Israel. I was thinking moreabout an attck from the U.S. end of 2010 maybe even 2011. http://www.cnbc.com/id/15840232?video=1346069752&play=1

    @frances snoot

    About the piece with AIG bailout going to Europe I think there is more to it than just that which they don’t tell us cause actualy Bernanke refused to say anything about it but I suspect that Europe first transfered money to the US to support the dollar before the big AIG crash cause I’ve seen something like that in the papers back than. Donnow if it’s connected but I was always wondering why these huge amounts of money from the ECB went direction the states I didn’t and still don’t know what exactly went on?

    It could be that Europe demanded some money back after they discovered what was going on but this is just speculation cause I still want to find these papers back to check it out. But this is a lot of work you’ll understand. Somthing to get back on later.

  44. Youri Carma says:

    @WL

    Yep, a lot of people don’t wonna believe you when you tell them exactly what the NWO boldly have written down in their wicked agreements.

    They use all these so called non-govermental organisations to build op a New World Order. The Worldbank, The UN, the WHO etc, etc. to by pass national sovereignty and democracy cause these criminal intitutions are not elected and ruled by Social Darwinist – Eugenesist like J.P. Holdren, Obamas science Czar who wrote the book Ecosciense in which he decribes how to kill off the human population like rats.

  45. dan valley says:

    @ Youri….did you see the reactions Jim Rickards got from the shills and talking heads and the fragile space alien ..ANDREW ROSS SORKIN….what a douche…such an effminate passive agressive ass-munch….Hi my names andy .buy my book and support my coke and male escort habit.

  46. Youri Carma says:

    @dan valley

    Yeah, lol he actualy reminded me of someone ….
    http://www.youtube.com/watch?v=-B0ad62tlAQ

  47. Bonn says:

    Gold is Runnin away 1200 for sure this week

  48. Bonn says:

    @ Youri Carma
    Where do u stay u seem to be up 24 X 7 ?
    And what do u do for a living if you dont mind me asking

  49. Youri Carma says:

    I mean the guy in the beginning from the book “Too big to Fail”

  50. Bonn says:

    @Youri Carma
    Have ya seen the Size Difference B/W a Su – 30 and a Mig 29 or any american fighter aircraft

  51. Bonn says:

    the disigner probably thought lets take 2 massive Jet engines and strap the pilot on
    http://www.metacafe.com/watch/yt–hq_RTaThNI/sukhoi_su_30_mki_waltz_in_the_sky/

  52. dan valley says:

    @Youri…I mean the guy in the beginning from the book “Too big to Fail”
    Creepy he does look like him

  53. Supergeek says:

    @Y’all
    I’m on my third attempt at watching this show… erm… kakawhat… words of advice for cocktail parties!!!… er 1776… oh and brain damaged investors… all inside 1min 30 secs.. erm I don’t compare Max to the Rain Man just because of the new york accent!!!

  54. frances snoot says:

    @AnythingBut:
    Yes, phonetic language does seem to be the brighter tool in the box, but the Georgia Guildstones speaks of some othertongue:
    “Unite humanity with a living new language.”

    What is that?

    Doesn’t sound like pictographs to me, unless pictographs are part of it.

    @Youri:
    Yes, well. I guess in the end the banks that are left standing are the ones the guys who own the dollar deign survival upon. The rest is just pointing fingers as you say. But I thought the article was an interesting take.

    @WL:
    It does seem like bully playground behaviour, doesn’t it? Obama’s dismissal of US contractual law in the GM bankruptcy was an indication of the way things are going. Of course the press ignored his actions.

  55. cool graphics upgrade.

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