posted September 27, 2011 04:04 AM            

quote:

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International Trader: ‘I Go To Bed Every Night And I Dream Of Another Recession’

While European government and financial leaders are scrambling to prevent a financial crisis in the Eurozone that would likely throw the global economy into even more turmoil, stock trader Alessio Rastani took to BBC today to tell the world that traders were looking forward to the possibility of a second big recession. “For most traders, it’s not about – we don’t really care that much how they’re going to fix the economy, how they’re going to fix the whole situation,” he said. “Our job is to make money from it.” Rastani, who also claimed “Goldman Sachs rules the world,” said, “Personally, I’ve been dreaming of this moment for three years…I go to bed every night and I dream of another recession. When the market crashes… if you know what to do, if you have the right plan set up, you can make a lot of money from this.”

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"It isn't just for the elilte....anyone can make money on it..[and later]....Goldman Sachs rules the world."

easy to be flip and say this guy is making his own money with these statements.

He isn't telling us anything we don't already know, yet the reporter acts surprised. Now why is that???

quote:

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"Wall Street bankers like Rastani, meanwhile, are large donors to the GOP’s presidential front-runners, who want to repeal the Dodd-Frank financial reform law that was aimed at preventing another financial crisis like the one that wrecked the American economy in 2008."

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If the world- and the U.S. in particular do not fund and empower the existing laws.... [an strengthen them] it is possible that the whip might finally come down in 12 months. I don't like to put chicken little time frames on things, but with the astrology of June-July 2012.......well, that might be a make or break time period for many things.

http://thinkprogress.org/economy/2011/07/21/274921/mitt-romney-biggest-donors-wall-s treet/

posted September 27, 2011 04:37 PM            

An unknown trader...if he even is a trader...gets his 15 minutes of fame and "Think Progress", a group who wouldn't recognize "progress" if they stepped in it tries to morph his statement into the prevailing mindset of Wall Street.

Yikes, it's hard to believe even leftist pukes at Think Progress could be this stupid.

Btw, Alessio Rastani is NOT an American, NOT an institutional trader for Goldman Sachs or any other Wall Street firm and is NOT to be taken seriously.

Still, "Think Progress" overlooks the criminal felon who is their sugar daddy, who HAS attempted to destroy the currency...and lives of citizens around the world...including the US Dollar and American monetary values tied to the US Dollar.

posted September 27, 2011 06:15 PM            

quote:

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An unknown trader...if he even is a trader...gets his 15 minutes of fame and "Think Progress",

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Yawn......ZZZZ

as Kat pointed out, he was approached, and spoke to the BBC--- I posted that in the opening sentence.

Anyway, the agenda was from BBC- the approach, and the seeming on air surprise of the news reader.

who ever said he was an American>>>??

deflection and dust motes at nothing- hilarious

posted September 28, 2011 06:55 AM            

Why should we allow only Goldman Sachs and Bankers to profit?

If each and every American Tax Payer bought Put Options, the Bankers will be too scared to short as any fall from 12K to 7K in the DJ would multiply the investment more than 15 fold if the mechanism is a Put Option [or selling a Call Option and covering later].

So if they do not short and create an artificial recession, they cannot sit idle with their capital, they will have to start hiring and create a fake boom that takes DJ to 15K. There is enough cash in the books of top American companies to create 8-10 million jobs in the next twelve months.

At DJ 15K, buy more Puts

Just slash the Beer budgets by 50% and invest in Puts. Nothing to lose, and your power to reclaim from the bankers.

The George Soroses [Sauruses? Reptilians? ] of the world make money because we the people refuse to trade in the financial markets.

posted September 28, 2011 08:51 AM            

also....

For those who have not heard of the Yes Men, or watched any film--> a short primer.....

Impersonating big-time criminals in order to publicly humiliate them. Our targets are leaders and big corporations who put profits ahead of everything else.

posted September 29, 2011 10:00 AM            

Trader Or Prankster? We Called Alessio Rastani And Asked

...."Well, I love traveling. I’ve been to the States quite a few times."

...."AR: I grew up in London. I spent some time in Italy, some time with my folks in America. My uncle lives in California, two uncles in California."

...."FORBES: Do you work from an office or home?

AR: I work from home."

...."FORBES: Where do you live?

AR: In south London."

...."AR: A lot of people just got the wrong end of the foot, misunderstood what I was saying. They thought I was joyful or licking my lips about the idea of making money from people’s miseries."
http://www.forbes.com/sites/emilylambert/2011/09/27/trader-or-pran kster-we-called-alessio-rastani-and-asked/

Like I said....

"Alessio Rastani is NOT an American, NOT an institutional trader for Goldman Sachs or any other Wall Street firm and is NOT to be taken seriously."

And yet, here are leftists screeching, howling, shieking and whining over yet another phony issue.

"Wall Street bankers like Rastani, meanwhile, are large donors to the GOP’s presidential front-runners"

Ummmmm, excuse me! Rastani IS NOT a "Wall Street Banker.

Ummmmm, futhrer, it would be a gross violation of US election law for Rastani to donate to any US election campaign...in spite of the O'Bomber campaign which took in millions in foreign contributions in 2008.

posted September 29, 2011 01:25 PM            

and you still don't deny that this kind of market makes fortunes for those with some money to play with...the BBC presented this man as a trader. much of what he says is on the mark. nothing to do with think progress at all, this story...

posted September 29, 2011 03:28 PM            

What I said is true. Wall Street institutions were some of O'Bomber's biggest campaign contributors.

posted September 29, 2011 09:10 PM            

By John Crowley

posted September 30, 2011 04:41 PM            

yes, i liked obama. however what i have seen is a man who either has his hands tied or is willingly playing the game and running parallel to bush. there are quite a few improvements this time around, but much substantive hogwash going on.

i have CONSISTENTLY said that both sides are equally obnoxious and bought, with a few heroic exceptions who stand by their convictions.

i have also said CONSISTENTLY that the accumulated deals and webs of intrigue that any president finds himself working within would boggle most minds, certainly yours or mine.

recessions are largely made by big money manipulating little money and govts into going out on a limb and then sucking the profits out of the general economy. when the sucking is sufficient, a new upswing/boom is seeded to create more future sucking opportunities. i find it alarming that people haven't washed their hands of the whole credit scam even now.

in theory i would agree with you, people should be entitled to make as much as they can. and keep their gains. but in practice, the bigger a company or bank balance gets, the more it is used to shut out the "real" capitalists, smaller fry who can't compete with endless funds. so they then go out and co-opt whole countries...

this is what the anti-trust and banking regs put in place decades ago were meant to prevent. and apparently they worked pretty well. i say apparently because once fed depts and utilities etc are privatized, the profits go to a very few pockets, and the people whose tax money paid for the creation are NEVER REPAID.

even sarah palin now appears to see the problem is not all about "entitlements" but includes the behaviour of the very richest.

as i said way back when, it doesn't really matter to me if obama lives up to the promises. what matters is what people voted for, and if they are disappointed they will start to take responsibility for making those changes. that is why WE are the change was such a powerful motto. nothing to do with obama being the change.

and sarah palin is not the change either.

posted October 01, 2011 03:46 AM            

I am so tired of people that think they are above working min wage or those that think they are entitled to handouts, telling me I owe them or that my family owes them. Hell, if 1% of the wealthiest American's (and I am NOT one of them) is paying the majority of the taxes, why make them pay more?

Maybe if the people that protested Wall Street and smoke pot in order to "come to the conclusion that they need more money from rich people but they don't need to exude any more energy than the toke allows" got off their butts and worked, they would end up in the top 20% of our income earners.

Most people want something for nothing. They think that because someone makes more than them that person should give them money. Really? What if I said "You have better clothes than me, give me half your wardrobe" or "You have a better house than me, I am moving in with you"

People want more but work less. I am not talking about all people. We have people that are going through SO damn much and they have lost their jobs, homes... cars.. you name it but those people are the ones that find a way to make it work.

The people I KEEP seeing bitching about the wealthy (which could mean those that make $50,000 or more per year) never better themselves to make more than living in a HUD house and taking what the government gives them.

To them I say... guess what? Those of us that work our butts off, put money away and live within our means pay twice as much as YOU in taxes (minimum) AND we don't get government help. So you make half what we do, you get tax credits, earned income credits PLUS you get SNAP help.. Ummm.... who wins? Oh wait, but you WANT more. nice...

posted October 01, 2011 01:00 PM            

"MOST PEOPLE" work for a living just like you. IF you worked for minimum wage @ 40 hrs/week (which i doubt, but just say so if i'm wrong) you would make approx 16K per year before tax. and unless you found some deductions (not many available at that level!) you WOULD be paying tax.

just because jwhop and david limbaugh (who makes a living being divisive like his brother) call the wall street protesters pot smokers DOESN'T MAKE IT SO.

just because michelle HOT FOR JESUS bachmann says "obamacare pays fed money for abortions" (and that this has never happened before) doesn't make it so. fed money has paid for abortions before, and it does not under the HR act..

NO ONE IS ASKING FOR ANYTHING FROM YOU! and it is not "wealthy americans" it is those few who are sewing up your precious free market while you defend them.

the book i linked is all about god, free enterprise and country, not some "leftist" manifesto about the evils of capitalism. but it says the SAME things that are being said in wall street right now...and around the world.

even if a company outsources all its labour and materials, they still have to use services we all pay for to deliver their product and sell it. why should they not pay taxes for these services? do you think you should have to cough up everytime a pothole needs fixing, or is a tax a way to give the roadbuilders a budget so they know how much they can fix?

posted October 04, 2011 02:20 PM            

it is NOT about her and her wages. and her remarks about people who are too good to work for minimum wage, she was complaining a little while back about how she and bear had to live on 100K, that is hardly minimum wage.

it is true that 3 years ago obama mentioned "no one earning less than 250K per year" but that has been upgraded since for anyone who is paying attention.