Friday, Nov 14, 2008
Greed and human nature lead to the financial crisis, not some conspiracy.
Mint: A Visual Guide to the Financial Crisis
Almost overnight, the talking heads went from perpetuating the euphoria of investors to rushing to pronounce the economy dead. Last year, when lenders started dropping like flies as foreclosures rose and margins were called, the problems of Wall Street became more and more apparent, and lending guidelines were tightened to the point that many individuals were stuck in their time-bomb loans, and thus began a vicious cycle. But what led to this? Here is a visual guide to help you understand the events leading up to the bailout.
Posted by nopensionnohouse @ 08:50 PM (781 views) Add Comment
31 Comments
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1. This comment has been removed as it was found to be in breach of our Blog Policies.
2. quiet guy said...
"get a brain"
There is not need for crude insults. I'm disappointed in you malct.
3. bellwether said...
Quality visual npnh.
ps I'm normally out socialising Fridays - honest!
4. This comment has been removed as it was found to be in breach of our Blog Policies.
5. nopensionnohouse said...
This is predictable response from the conspiraloons when some one tries to keep HPC on track.
I didn’t expect anything less from them.
They can’t handle any other outlook except their own and true to form resort to cheap shots.
Next predictable step will be a load of links to various videos and more name calling. I’ll be a “target” for them when ever I post.
What am I afraid of? I’m afraid that you and the other loons have lost your marbles.
I’m not the one living in fear and I don’t feel the need to name call when challenged.
6. quiet guy said...
planning4acrash,
I have reported comment 4 for the abusive terms you used against nopensionnohouse.
Stop insulting other bloggers. Please.
7. bellwether said...
Post 4 reported.
8. gardeniadotnet said...
5. nopensionnohouse said...I’m not the one living in fear...
Sounds like you have a plan. Share it with us, don't be selfish.
Hope it's not the 'beans, guns and ammo' strategy.
9. planning4acrash said...
Nopension, you predict that people may provide evidence to back up their points? You clearly don't look at evidence. You just wait for the global currency devaluation to be announced after this weekend. The final heist.
10. Digdug said...
There WILL not be a global currency devaluation!
11. alan said...
Hello Nopensionnohouse,
I liked the original post. Things changed suddenly in the UK and the pictures help explain things to people looking for answers.
12. nopensionnohouse said...
gardeniadotnet “Hope it's not the 'beans, guns and ammo' strategy”
It will never come to that. People who have guns, gold and beans stockpiled are just being paranoid. This isn’t some Hollywood disaster flick with zombies. There will always be oddballs.
P4ac “You just wait for the global currency devaluation to be announced after this weekend. The final heist.”
Glad you are being civil again. No need to call people freaks. Well, time will tell. I see you lost your vote then?
So are you going to answer my challenge to find me a free energy machine that I can go and visit no matter where in the world it is so I can report back here?
Oh, and how much did you pay for your gold? You never did clarify that.
13. p. doff said...
There you go, man
Keep as cool as you can
Face piles of trials with smiles
It riles them to believe
That you perceive
The web they weave...
And keep on thinking free
14. planning4acrash said...
nopensionnohouse, webmaster added loads of spoof screen names, which equalled all of the additional votes, names that include:
Mystery Man, Someone, Prom Queen, Unanimous & Slitherin.
15. paul said...
I've seen this chart twice today now. I do like it although I think it does miss some very deliberate but ill thought-out policy decisions.
The players in the crisis are the people in the spot - the Lehman executives, the politicians.
The architects were central bankers looking for easy policy routes of least resistance. I'll bet they regret that now though.
As such, there is no conspiracy - the most rational explanation is greed, laziness, incompetence and indifference on the part of central bankers.
16. planning4acrash said...
Nopensionnohouse, just listen to kashkarry in my earlier post and tell me that he aint screwing us for a buck.
Its very simple to understand, but difficult to admit you are wrong, but, imagine the jerk member of your family who split it down the middle for inheritance, now, imagine a group of people 10x more intelligent and determined running the issuance of money. Imagine your jerkoff family member being able to print money and spend it how they wanted, imagine that. It aint hard.
17. nopensionnohouse said...
Nah, don’t see it p4ac. Believe me I have a very good imagination and love fiction but I’m not buying it.
By the way, why did you get so upset at me for suggesting in an earlier thread that the “controlling population via contrails” conspiracy was a load of old cobblers.
Why do you get so angry with me for not agreeing with you all the time?
I’m still waiting for you to point me in the direction of a working free energy machine to go check out.
18. nopensionnohouse said...
… and as for the webmaster frigging the results of your vote… come on! I’m sure he has better things to do with his time. What are you going to do? Accuse him in an email?
19. This comment has been removed as it was found to be in breach of our Blog Policies.
20. This comment has been removed as it was found to be in breach of our Blog Policies.
21. nopensionnohouse said...
Oh dear. Official chemtrails? Looks like the red arrows to me!
I don’t know why I’m bothering to explain but here goes:
Look, contrails is short for “Condensation Trail” and is similar to the effect you see when you can see your breath on a cold day. You can read about it here http://cimss.ssec.wisc.edu/wxwise/class/contrail.html.
But you didn’t answer my question. Why so angry all the time?
22. planning4acrash said...
My point is, that, when you have jets that persistently look like the Red Jets, you know something is wrong.
Condensation trails, I know what they are and they evaporate, and only occur if the temperature is cold enough. Condensation trails do not persist for hours and form clouds, PERIOD.
I get angry because my liberties are being attacked, my future is at risk, and I get willful denial and doublethink from people like you, but we could turn this thing around if we go off our hind legs and actually did something to protect ourselves, like men, not pansies damn it.
23. planning4acrash said...
The first picture shows two lengths of trail at the same atmospheric conditions, clearly, one has different stuff in the fuel, or has an additional trail not related to its actual engines.
24. Bearorbull said...
Heh, next you'll be saying that the fact that the US & UK governments & media have covered up most of the 10 million people we've slaughtered since WWII is a fantasy also. You'll be saying that the fact that none of the papers ever mentioned that America & Britain installed the evil tyrant Suharto in Indonesia & that MI6 & CIA sent him death lists to kill 600,000 people was just incompetence or that the media not mentioning that America bombed Cambodia & Laos & slaughtered 1 million people prior to Pol Pot's revenge was incompetence & not a cover up. You'll be trying to kid us that the media just forgot to tell us that the US & UK blocked a UN resolution condemning Saddam's use of Chemical weapons in '84, thus giving him the green light to gas more kurds & that there was no conspiracy to cover it up.
25. nopensionnohouse said...
You have got no idea what you are talking about my friend. No one is attacking you furthermore only pansies believe in chemtrails.
26. planning4acrash said...
Only blind and stupid people can't look into the sky, recognise those things and understand that they are not natural. What planet do you live on? Haven't you seen how the spray turns on and off? Like that second pic where you see the break.
We have this because pansies like you did not take action and take to the streets, too busy taking LCD, when MOD carried out testing over places like Norwich during 1960's From Wikipedia - An experiment during the early 1960s involving the spraying of Cadmium over Norwich, has recently been declassified by the UK government, as documented in a BBC News article[4]. ^ BBC News - Enquiry into spray cancer claims.
27. Marvin said...
P4AC, as one of probably many lurkers who access and read comments on this blog regularly and have done so for a couple of years now. I feel that whatever tenuous links you use, the bottomless pit of conspiracies you refer to, do not make your arguments any more valid. Moreover they obscure the views of people who are genuinely interested the mechanisms causing the present HPC, so accurately predicted for so long on this site. I believe that this site and others like it are extremely important (to me at least) and your wild and largely unsubstantiated accusations( if you have any creditable evidence then please feel free to take out a civil action against the NWO) devalue this sites credibility. I have read many of your posts with interest but Vapour trails -HPC?????????????? please stick to the subject.
28. planning4acrash said...
Its from the bloody BBC you fool. Spraying of cadmium did occur as tests for what is happening now, was declassified, and is reported there on the bloody beeb, now, you may not want to believe that your government would do such a thing, but they can, will and do.
29. planning4acrash said...
OMG, have you not noticed "vapour" trails persisting for hours in the mid summer heat? Come on, do you remember that before 1996?
30. p. doff said...
29. planning4acrash said...
OMG, have you not noticed "vapour" trails persisting for hours in the mid summer heat? Come on, do you remember that before 1996?
Erm ....... and how hot do you think it is at 40,000 feet?
Contrails = products of combustion of jet fuel = water vapour + CO2 + traces unburnt fuel etc. No chemicals intentionally put there to kill off town planners I'm afraid.
Presence of contrails depends on atmospheric conditions eg barometric pressure, temperature, dew point etc, which vary from place to place (pilots even have to adjust their altimeters during a flight to take account of changes in pressure). Trails appear to turn on and off as planes pass through areas of differing conditions - some favourable for trails, others less so. Trails will also persist if the conditions are right - as do clouds, which are also mostly water vapour.
Still, you believe what you want to believe. Stay detached from reality and carry on thinking that the illuminati are out to get you if that makes you feel happier.
31. nopensionnohouse said...
P4ac “We have this because pansies like you did not take action and take to the streets, too busy taking LCD”
Ha ha, yeah man I’m taking Liquid Crystal Displays. Like wow.
I think you have been staring at your computer monitor for too long.