Wednesday, May 19, 2010

V.I. Lenin. Vladimir Ilyich Ulyanov

As if we would ever dreeeaaam of taking their bullshit money.
He said: “If banks don’t have enough capital [to meet the new rules] ... they cut assets. We are kidding ourselves if we think they are only going to cut trading desks and activities that some people say are socially useless. There will be real impacts on real businesses.” Mr Green’s call for phasing in the new rules may well find sympathetic ears.

Unlike the Japanese, these guys are obviously not golfers:

Ja,  it seems you have forgotten our little Keynes, Mr. Green.  Without demand there are no fucking loans, and without a hostage to your financial terrorism there is no regulatory ransom.  That's what ransom is.  Those are the fucking rules.

I'm just waiting for Congress to toss their dirty undies out the window so we can double back and beat it out of them.

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