the fisherman
Big Time
- Joined
- Dec 12, 2007
- Messages
- 955
Mortage Backed Securities are like boxes of Choclates, criminals on Wall St. stole a few of the Choclates from the boxes and replaced them with Turds. Their criminal buddies at Standard and Poors rated these boxes AAA Investment Grade Choclates. These boxes were sold all over the world to investors. Eventually somebody bites into a Turd and discovers the crime. Suddenly nobody trusts Americam Choclate anymore world wide. Hank Paulson now wants American Taxpayers to buy up all the Turd infested Choclates for 700 billion dollars until the market for Turds returns to normal. Meanwhile, Hank's buddies, the criminals on Wall St. are not being investigated. Mama always said: "Sniff the Choclates first Forrest"