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Franklin D. Roosevelt criticized Hoover's excessive spending and his protectionist policies; in fact, his running mate John Nance Garner accused Hoover of "leading the country down the path of socialism."[1] Roosevelt won by a landslide,
A credit default swap (CDS) is similar to a traditional insurance policy, in as much as it obliges the seller of the CDS to compensate the buyer in the event of loan default. Generally, this involves an exchange or "swap" of the defaulted loan instrument (and with it the right to recover the default loan at some later time) for immediate money - usually the face value of the loan.
However, there is a significant difference between a traditional insurance policy and a CDS. Anyone can purchase a CDS, even buyers who do not hold the loan instrument and may have no direct "insurable interest" in the loan. The buyer of the CDS makes a series of payments (the CDS "fee" or "spread") to the seller and, in exchange, receives a payoff if the loan defaults.
In finance, short selling (also known as shorting or going short) is the practice of selling assets, usually securities, that have been borrowed from a third party (usually a broker) with the intention of buying identical assets back at a later date to return to that third party. The short seller hopes to profit from a decline in the price of the assets between the sale and the repurchase, as the seller will pay less to buy the assets than it received on selling them. The short seller will incur a loss if the price of the assets rises (as it will have to buy them at a higher price than it sold them), and there is no theoretical limit to the loss that can be incurred by a short seller. Other costs of shorting may include a fee for borrowing the assets and payment of any dividends paid on the borrowed assets. "Shorting" and "going short" also refer to entering into any derivative or other contract under which the investor similarly profits from a fall in the value of an asset. Mathematically, short selling is equivalent to buying a negative amount of the assets.
In finance, speculation is a financial action that does not promise safety of the initial investment along with the return on the principal sum.[1] Speculation typically involves the lending of money for the purchase of assets, equity or debt but in a manner that has not been given thorough analysis or is deemed to have low margin of safety or a significant risk of the loss of the principal investment. The term, "speculation," which is formally defined as above in Graham and Dodd's 1934 text, Security Analysis, contrasts with the term "investment," which is a financial operation that, upon thorough analysis, promises safety of principal and a satisfactory return.[1]
During their appeal, FOX asserted that there are no written rules against distorting news in the media. They argued that, under the First Amendment, broadcasters have the right to lie or deliberately distort news reports on public airwaves. Fox attorneys did not dispute Akre’s claim that they pressured her to broadcast a false story, they simply maintained that it was their right to do so. After the appeal verdict WTVT general manager Bob Linger commented, “It’s vindication for WTVT, and we’re very pleased… It’s the case we’ve been making for two years. She never had a legal claim.”
The Business Plot (also the Plot Against FDR and the White House Putsch) was an alleged political conspiracy in 1933. Retired Marine Corps Major General Smedley Butler claimed that wealthy businessmen were plotting to create a fascist veterans' organization and use it in a coup d’état to overthrow United States President Franklin D. Roosevelt, with Butler as leader of that organization. In 1934 Butler testified to the McCormack–Dickstein Congressional committee on these claims.[1] In the opinion of the committee, these allegations were credible.[2] No one was prosecuted.
While historians have questioned whether or not a coup was actually close to execution, most agree that some sort of "wild scheme" was contemplated and discussed.[3][4][2][5][6] Contemporaneous media dismissed the plot, with a New York Times editorial characterizing it as a "gigantic hoax".[7] When the committee's final report was released, the Times said the committee "purported to report that a two-month investigation had convinced it that General Butler's story of a fascist march on Washington was alarmingly true" and "It also alleged that definite proof had been found that the much publicized Fascist march on Washington, which was to have been led by Major. Gen. Smedley D. Butler, retired, according to testimony at a hearing, was actually contemplated".[8]
Originally posted by muzzleflash
The ones backing the GOP are the same ones backing the DNC my friend.
Don't you ever forget that.
Never forget this is just a step in the ladder. There are other steps below and above this. And there is the entire ladder as well.
It's always good to work towards the bigger picture.
Originally posted by SevenThunders
reply to post by ripcontrol
Those protestors at wall street are supported by globalists like George Soros and are led by an avowed communist who wants to make sure that no American can afford a car, namely Kalle Lasn.
canadafreepress.com...
www.rumormillnews.com...
So it's just part of the planned takedown of Western Civilization. If your heroes succeed our misery will cotinue indefinitely.
Originally posted by ripcontrol
Sir I have to take a minute to respond to your post... I'll have learned to assume that the first mistake in communication is my fault.
Who do you mean by "your Heroes" reference?
Originally posted by SevenThunders
Originally posted by ripcontrol
Sir I have to take a minute to respond to your post... I'll have learned to assume that the first mistake in communication is my fault.
Who do you mean by "your Heroes" reference?
I made the assumption that you fully support the protestors as some kind of organic expression of American dissent, rather than the controlled and funded psy-op that it actually is. If I am in error, than let me be the first to apologize. The heroes in this case would be the communists and globalists who fund this effort and provide it's 'leadership'. I put the latter in quotes since the leadership angle appears to be somewhat missing. I know it's hard to get things done after a couple of spliffs.