Forrest Gump Explains Mortgage Backed Securities:

crazycharlie · 10-17-2008, 09:27 PM

From solari.com and Catherine Austin Fitts
This came in from the Solari network today. It turns out that the common folk do indeed understand mortgage backed securities!

Forrest Gump Explains Mortgage Backed Securities:

“Mortgage backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide.

“Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall Street criminals who stole all the good chocolates, are not being investigated, arrested, or indicted.

“Mama always said: ‘Sniff the chocolates first, Forrest’.”

( The recent coast to coast show with Catherine Austin Fitts
was great , but I *crewed up recording it any one know if it
is archived anywhere? )

10-17-2008, 09:27 PM	#1
crazycharlie Avalon Senior Member Join Date: Sep 2008 Location: COLORADO Posts: 49	Forrest Gump Explains Mortgage Backed Securities: From solari.com and Catherine Austin Fitts This came in from the Solari network today. It turns out that the common folk do indeed understand mortgage backed securities! Forrest Gump Explains Mortgage Backed Securities: “Mortgage backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide. “Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall Street criminals who stole all the good chocolates, are not being investigated, arrested, or indicted. “Mama always said: ‘Sniff the chocolates first, Forrest’.” ( The recent coast to coast show with Catherine Austin Fitts was great , but I *crewed up recording it any one know if it is archived anywhere? )