JP Morgan in big trouble???

[ASH]

Re: JP Morgan in big trouble???

from the GATA folks, interesting interview:

http://www.youtube.com/watch?v=83UUk...e=channel_page

is it really this bad and this close?

If JP Morgan fails, who will the conspiracy theorists nominate to be pulling the strings? I thought this whole thing was a fake crisis, engineered by JP Morgan to give them an opportunity to buy up everyone else at a discount?

[metalman]

Re: JP Morgan in big trouble???

yep... if i saw that i'd get 'the message' in a hurry!

[pwcmba]

Re: JP Morgan in big trouble???

The hunter becomes the hunted?

Perhaps the conspiritor becomes victim of it's own conspiracy?:eek:

[Basil]

Re: JP Morgan in big trouble???

Right you are Basil. Here's a nice example of "nuance" for you. Occurs in a stadium, with thousands of people coming to witness the spectacle. I appreciate that you've taken some time out of your life to become scholarly on certain aspects of this topic, but your "sophistication" is leading you to wander off into a zone which I personally would give a very wide berth to. Put your nuances aside mate. It's a lot more widespread than you wish to portray. The image below was from 1998. You really think this practice has abated in 2009? Hang it up. I have little use for the "nuance" you extol. What do you suppose is drawing the BIG CROWD here, eh?

1998 Taliban amputation of right hand at stadium while thousands watch the spectacle

Perhaps you should have read my post. My point was that the Wahhabi creed followed by Saudi Arabia and the Taliban is not based upon traditional Shariah Law. In no way did I deny that acts like the one of which you have provided a photograph happen. But to use such photographs to pass judgment upon an entire civilization is illogical and irresponsible. It is like posting the Rodney King video to argue that cops in the US routinely beat African Americans. Whereas the video demonstrates that it happens and that it is a problem, but does not provide the broader context.


We can find some rather gruesome photographs of many activities conducted in the united states that most of us are aware do not represent the ethics or the ethos of the united states. But we know how to contextualize such photographs. In this instance, it is clear that you do not know how to contextualize a gruesome act that most likely has no grounding in Shariah law. Do you know the difference between Shariah and fiqh?

An excellent example of this is Bin Laden's so called fatwas that do not meet the traditional criteria for a fatwa. This is the way the Taliban operates. It would be as if I were to make legal declarations because I had read the constitution and many supreme court opinions. I still would not be justified in making the judgments I make and my judgments would in no way represent the US legal system, no matter how cases I chose to cite.

[Guest]

Re: JP Morgan in big trouble???

Basil -

If I took an hour out of my evening, I could post 50 (fifty) different photos and video clips on this thread of similar and even far worse, illustrating many more instances of such a "misinterpretation of Sharia justice" - and notably - attributed to several different countries - for you to gaze at and emotionally digest. I won't bother, partly out of respect for people's sensibilities, and partly because I know full well you are aware that there is such a quantity of documentation out there, which is easily accessible.

According to you the sum total of this rather large body of documentation is just a mischieveous "mis-direction".

Your protestations that these are "mis-representative" sound like BS to this reader. They may be rare, but they are "countenanced". Why does one not read outspoken denunciations of such practices within the ME press? Are the press fearful of posting apostate opinions there perhaps? Sorry, I must be incorrigible and ignorant, mustn't I, although I've lived in a half dozen countries and traveled to about 30-40 during the course of my 53 years - this is an expression of cultural ignorance on my part?

[LargoWinch]

Re: JP Morgan in big trouble???

religions are great.

no, religions are just as true as aliens.

why is one group ridiculed while the other praised and accepted?

[cjppjc]

Re: JP Morgan in big trouble???

no, religions are just as true as aliens.

why is one group ridiculed while the other praised and accepted?

Does that mean you don't believe in aliens?

Because saying religions is not true is a little too easy. Too simple. If you want to say religions have lost their truth, and no longer understand what they teach. That may be closer to the truth.

Btw: Wasn't this thread about JPM?

[Guest]

Re: JP Morgan in big trouble???

OK this thread has received the deathly ratings blow - "one star". Time to scuttle this unsavory subject - consign it to the trash bins of "political abyss" or to the iTulip incinerator. Or better yet, can't they just please erase it? Somebody, make the unpleasantness go away, puhleeese! We want to think only about "sanitary stuff". This is all just so ... "icky". :rolleyes:

[ASH]

Re: JP Morgan in big trouble???

The hunter becomes the hunted?

Perhaps the conspiritor becomes victim of it's own conspiracy?:eek:

It sure seems to me like the major banks are becoming victims of their own financial sophistry, which may indeed include market manipulation (as alleged in the video clip) as well as stupid leverage tricks and everything else we already know about. I just think that the system falling apart has the effect of exposing these games rather than promoting the interests of their practitioners. The banks were already on top of the world -- it never made sense to me that it would serve the interests of JP Morgan or any of the other big banks to upset the apple cart.

[pwcmba]

Re: JP Morgan in big trouble???

It makes no sense to me either but then again I am not a greedy sociopath!

[pwcmba]

Re: JP Morgan in big trouble???

I believe there will be a day in the future when you hear the phrase "remember Glass-Steagall" like one might hear today "remember the alamo"

http://en.wikipedia.org/wiki/Glass-Steagall_Act

"officially named the Banking Act of 1933, introduced the separation of bank types according to their business (commercial and investment banking), and it founded the Federal Deposit Insurance Corporation for insuring bank deposits. Literature in economics usually refers to this simply as the Glass-Steagall Act, since it had a stronger impact on US banking regulation.^[8]"

[LargoWinch]

Re: JP Morgan in big trouble???

OK this thread has received the deathly ratings blow - "one star". Time to scuttle this unsavory subject - consign it to the trash bins of "political abyss" or to the iTulip incinerator. Or better yet, can't they just please erase it? Somebody, make the unpleasantness go away, puhleeese! We want to think only about "sanitary stuff". This is all just so ... "icky". :rolleyes:

lol

Luke, you have a keen sense of observation...

so true.

[LargoWinch]

Re: JP Morgan in big trouble???

Does that mean you don't believe in aliens?

Because saying religions is not true is a little too easy. Too simple. If you want to say religions have lost their truth, and no longer understand what they teach. That may be closer to the truth.

Btw: Wasn't this thread about JPM?

Maybe religions are too easy?

Or maybe its me? I like to keep things simple.

[santafe2]

Re: JP Morgan in big trouble???

from the GATA folks, interesting interview:

http://www.youtube.com/watch?v=83UUk...e=channel_page

is it really this bad and this close?

This brings back a lot of memories for me. During the really dark days of metals investing, mid-to-late 2000, when it didn't matter how confident you were long term, you were losing money. Everyone had a favorite gold hobgoblin. I subscribed to GATA and they were all over JPM and the Bank of England as deeply rooted conspirators. It passed as GATA analysis. They pounded this table - JPM was going under in 2001 when gold flew through the roof and crushed their short positions.

The odd thing for me was that while I was a metals investor and a GATA subscriber I was also managing a large software project at Chase in NYC and I had been for the last year. I'd worked with several other banks on similar projects but these people were not intimidated by us or our software. They spent their working lives making sure our algorithms interpreted their understanding of their business or they asked us to re-write them to fit their understanding. I've never worked in a more challenging environment.

As we know, gold moved up, JPM survived and we find ourselves at this juncture. I only worked with JPM for 3 years but I would not bet against them. GATA has always used the Don Quixote symbolism to tout their assumed David vs. Goliath battle. In truth the are simply tilting at windmills.

[Starving Steve]

Re: JP Morgan in big trouble???

Our Western values are not only seperation of church and state, but also tolerance, and leaving people alone to pretty much do whatever they want to do, eat whatever they want to eat, shop wherever they want, wear whatever they want to, say pretty much whatever they want, profess whatever they want, speak any language they want to speak, associate with whomever they want, believe whatever they want, and to travel and live wherever they want.

Yes, some of these are Christian values, but some of these values emerged in a struggle against the power of the Church (for example, against the Church of England and later against the Church in Massechusetts).