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	<title>Comments on: JP Morgan Responds To Financial Reform: The Poison Pill Strategy</title>
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	<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/</link>
	<description>What happened to the global economy and what we can do about it</description>
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		<title>By: earle,florida</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60534</link>
		<dc:creator><![CDATA[earle,florida]]></dc:creator>
		<pubDate>Thu, 01 Jul 2010 17:08:56 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60534</guid>
		<description><![CDATA[Re: @ Ken Lewis___The EU is barely a decade young - a fledgling entity trying to find its sea legs. The average American has lost 30%-40% of his/her personal wealth value in the last score with no remorse from the &quot;Bankster&#039;s&quot;,or the US Government! Was it not Goldman Sachs that help grease the books for Greece? Was it not GS,JPMC,C,BA,and the American Banksters that pushed their magic on the European&#039;s? Was it not AIG (our money, all $187bn.) that bailed out America&#039;s banksters for for their uninnocuous behavior? Granted...the ubiguitous kafkae`sque wrought on both sides of the pond have been internecine to the Nth degree...but the opaqueness of the &quot;13 Banker&#039;s&quot; is without parallel. The vex turbid vevenality usurped upon our european lineage ancestry is abominable, period! Tax dodgers and money launderers live right under our nose, and as far as AIG bailing out GS,C,JPMC,BA, and others for their irrational behavior isn&#039;t enough to make you foam at the mouth...I will remain silent! The &quot;13 Bankers&quot; novel by SJ &amp; JK is a modern day &quot;Orwellian Prophesy&quot; of what will happen...if we don&#039;t_stop_denying our own compacent reality - heeding the two`some  cassandra&#039;s telling tale. auf Wiederseh`en :^)]]></description>
		<content:encoded><![CDATA[<p>Re: @ Ken Lewis___The EU is barely a decade young &#8211; a fledgling entity trying to find its sea legs. The average American has lost 30%-40% of his/her personal wealth value in the last score with no remorse from the &#8220;Bankster&#8217;s&#8221;,or the US Government! Was it not Goldman Sachs that help grease the books for Greece? Was it not GS,JPMC,C,BA,and the American Banksters that pushed their magic on the European&#8217;s? Was it not AIG (our money, all $187bn.) that bailed out America&#8217;s banksters for for their uninnocuous behavior? Granted&#8230;the ubiguitous kafkae`sque wrought on both sides of the pond have been internecine to the Nth degree&#8230;but the opaqueness of the &#8220;13 Banker&#8217;s&#8221; is without parallel. The vex turbid vevenality usurped upon our european lineage ancestry is abominable, period! Tax dodgers and money launderers live right under our nose, and as far as AIG bailing out GS,C,JPMC,BA, and others for their irrational behavior isn&#8217;t enough to make you foam at the mouth&#8230;I will remain silent! The &#8220;13 Bankers&#8221; novel by SJ &amp; JK is a modern day &#8220;Orwellian Prophesy&#8221; of what will happen&#8230;if we don&#8217;t_stop_denying our own compacent reality &#8211; heeding the two`some  cassandra&#8217;s telling tale. auf Wiederseh`en :^)</p>
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		<title>By: Former Chase EE</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60485</link>
		<dc:creator><![CDATA[Former Chase EE]]></dc:creator>
		<pubDate>Thu, 01 Jul 2010 11:16:30 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60485</guid>
		<description><![CDATA[On the Cool-Aid part, Jaime&#039;s favorite flavor is Green....Like in feeding his people AntiFreeze.]]></description>
		<content:encoded><![CDATA[<p>On the Cool-Aid part, Jaime&#8217;s favorite flavor is Green&#8230;.Like in feeding his people AntiFreeze.</p>
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		<title>By: Ken Lewis</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60400</link>
		<dc:creator><![CDATA[Ken Lewis]]></dc:creator>
		<pubDate>Thu, 01 Jul 2010 01:19:36 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60400</guid>
		<description><![CDATA[&quot;Europe has had enogh of U.S.&#039; shenanigans&quot;.  You act as though Canary Wharf is not London&#039;s famed financial district; thst UBS and other Swiss banks have not allowed secret bank accounts to exist for tax dodgers and money launderers; that Spain was not responsible for their housing bubble; Greece not a willing participant in giving away their tax revenues in order to keep their debts off balance sheet; or that Germany and France turned a blind eye to the PIGS.  This isn&#039;t about the United States - it is about controlling the irrational behavior of the global financial sector in order that capitalism may survive.]]></description>
		<content:encoded><![CDATA[<p>&#8220;Europe has had enogh of U.S.&#8217; shenanigans&#8221;.  You act as though Canary Wharf is not London&#8217;s famed financial district; thst UBS and other Swiss banks have not allowed secret bank accounts to exist for tax dodgers and money launderers; that Spain was not responsible for their housing bubble; Greece not a willing participant in giving away their tax revenues in order to keep their debts off balance sheet; or that Germany and France turned a blind eye to the PIGS.  This isn&#8217;t about the United States &#8211; it is about controlling the irrational behavior of the global financial sector in order that capitalism may survive.</p>
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		<title>By: Ken Lewis</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60399</link>
		<dc:creator><![CDATA[Ken Lewis]]></dc:creator>
		<pubDate>Thu, 01 Jul 2010 01:12:21 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60399</guid>
		<description><![CDATA[Easier said then executed - especially when the global economy is falling off a cliff.]]></description>
		<content:encoded><![CDATA[<p>Easier said then executed &#8211; especially when the global economy is falling off a cliff.</p>
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		<title>By: cougar_w</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60377</link>
		<dc:creator><![CDATA[cougar_w]]></dc:creator>
		<pubDate>Wed, 30 Jun 2010 22:56:07 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60377</guid>
		<description><![CDATA[You seem ill. Seek help.]]></description>
		<content:encoded><![CDATA[<p>You seem ill. Seek help.</p>
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		<title>By: Simon J Needs an Internship</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60241</link>
		<dc:creator><![CDATA[Simon J Needs an Internship]]></dc:creator>
		<pubDate>Wed, 30 Jun 2010 02:20:18 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60241</guid>
		<description><![CDATA[3-D, Adults? Where? On this blog? Ha Ha!!]]></description>
		<content:encoded><![CDATA[<p>3-D, Adults? Where? On this blog? Ha Ha!!</p>
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		<title>By: Simon J Needs an Internship</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60239</link>
		<dc:creator><![CDATA[Simon J Needs an Internship]]></dc:creator>
		<pubDate>Wed, 30 Jun 2010 02:18:46 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60239</guid>
		<description><![CDATA[Jason Tenley, I changed into a diaper. Feel very much at home here at the baselinesenario blog. Ha Ha.]]></description>
		<content:encoded><![CDATA[<p>Jason Tenley, I changed into a diaper. Feel very much at home here at the baselinesenario blog. Ha Ha.</p>
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		<title>By: Annie</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60216</link>
		<dc:creator><![CDATA[Annie]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 17:59:21 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60216</guid>
		<description><![CDATA[You might want to take a gander at yesterday&#039;s Maddow show reporting on the sums of cash (suitcases and pallets - blissfully low tech) cycling through Afghanistan...

The high tech portion of the theft is reserved for USA citizens - all internet, all virtual reality, just as we like it...

Money, as a symbol of all life-sustaining business, is meaningless when it is completely tied up in death and destruction.

As long as people continue to be more primitive than fire and sun worshipers thousands of years ago 

by projecting all power and glory on a made-by-man fetish 

(even the primitives worshiped what they did not make or understand - fire and sun, etc.)

like money, we&#039;ll keep retrogressing into medically certifiable madness 

and an active, busy-busy minutia-crazed depravity that is willfully passing itself off as the new age &quot;culture&quot; - neo-nihilism.

I think that people are definitely stuck in a rut in their brain - if every waking thought and action revolves around the use of the same words, the same motives for twisting new words, and the goal of &quot;profit&quot; - backing money-god over people - that kind of brain is in a dangerous state of dementia. 

Think about it - the inability to recognize an outside-of-your-own-brain reality - 

a reality that is completely different than what the person suffering from dementia is able to comprehend because only that rut they carved with fetishistic language and theory is active, 

the rest of their brain atrophied from lack of use.

No one has a duty or a responsibility to let the inmates run the asylum.

There are million of people in the USA who have had the Rosa Parks moment of ignoring the &quot;law&quot;.  

We&#039;re talking about Criminal Inc being THE ONLY VISION for ever and ever.

It&#039;s a free will choice.  If you are afraid to even THINK about taking them down, then at least shut up and stop getting in the way of those who ARE taking them down.]]></description>
		<content:encoded><![CDATA[<p>You might want to take a gander at yesterday&#8217;s Maddow show reporting on the sums of cash (suitcases and pallets &#8211; blissfully low tech) cycling through Afghanistan&#8230;</p>
<p>The high tech portion of the theft is reserved for USA citizens &#8211; all internet, all virtual reality, just as we like it&#8230;</p>
<p>Money, as a symbol of all life-sustaining business, is meaningless when it is completely tied up in death and destruction.</p>
<p>As long as people continue to be more primitive than fire and sun worshipers thousands of years ago </p>
<p>by projecting all power and glory on a made-by-man fetish </p>
<p>(even the primitives worshiped what they did not make or understand &#8211; fire and sun, etc.)</p>
<p>like money, we&#8217;ll keep retrogressing into medically certifiable madness </p>
<p>and an active, busy-busy minutia-crazed depravity that is willfully passing itself off as the new age &#8220;culture&#8221; &#8211; neo-nihilism.</p>
<p>I think that people are definitely stuck in a rut in their brain &#8211; if every waking thought and action revolves around the use of the same words, the same motives for twisting new words, and the goal of &#8220;profit&#8221; &#8211; backing money-god over people &#8211; that kind of brain is in a dangerous state of dementia. </p>
<p>Think about it &#8211; the inability to recognize an outside-of-your-own-brain reality &#8211; </p>
<p>a reality that is completely different than what the person suffering from dementia is able to comprehend because only that rut they carved with fetishistic language and theory is active, </p>
<p>the rest of their brain atrophied from lack of use.</p>
<p>No one has a duty or a responsibility to let the inmates run the asylum.</p>
<p>There are million of people in the USA who have had the Rosa Parks moment of ignoring the &#8220;law&#8221;.  </p>
<p>We&#8217;re talking about Criminal Inc being THE ONLY VISION for ever and ever.</p>
<p>It&#8217;s a free will choice.  If you are afraid to even THINK about taking them down, then at least shut up and stop getting in the way of those who ARE taking them down.</p>
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		<title>By: earle,florida</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60196</link>
		<dc:creator><![CDATA[earle,florida]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 03:53:03 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60196</guid>
		<description><![CDATA[Re: @ hermanas____Whenever and wherever we find the IMF, you&#039;ll find the World Bank is just around the corner - both at an arms length too moneybags...JPMC&#039;s generousity via the US Central Bank. It&#039;s on the house - so let&#039;s bomb Afghanistan, and while were at it drop a few in Pakistan...sure we&#039;ll be pre-occupied? Perfect...who cares, its in the script. While knowingly taking our eyes off Israel - opening the hatches for the &quot;Bunker Busters&quot; to bomb Iran with the Arab&#039;s freeing up dedicated Airspace for the death blow, and all for the good of humanity? Hey...war is good business - a perfectly complex ambiguity &quot;Designed-to-Fail&quot; performed too perfection. Afterall...the Military Complex Machine can&#039;t make it on a measly Trillion$$$ yearly ,so let&#039;s make some real money rebuilding the ruin we bring, and have the terrorist infidels beneficiaries pay with their &quot;dirt&quot;? Sad, but money plays friend against foe, and vice-a-versa for the good of the &quot;Changemaker&#039;s&quot; - ca-ching!]]></description>
		<content:encoded><![CDATA[<p>Re: @ hermanas____Whenever and wherever we find the IMF, you&#8217;ll find the World Bank is just around the corner &#8211; both at an arms length too moneybags&#8230;JPMC&#8217;s generousity via the US Central Bank. It&#8217;s on the house &#8211; so let&#8217;s bomb Afghanistan, and while were at it drop a few in Pakistan&#8230;sure we&#8217;ll be pre-occupied? Perfect&#8230;who cares, its in the script. While knowingly taking our eyes off Israel &#8211; opening the hatches for the &#8220;Bunker Busters&#8221; to bomb Iran with the Arab&#8217;s freeing up dedicated Airspace for the death blow, and all for the good of humanity? Hey&#8230;war is good business &#8211; a perfectly complex ambiguity &#8220;Designed-to-Fail&#8221; performed too perfection. Afterall&#8230;the Military Complex Machine can&#8217;t make it on a measly Trillion$$$ yearly ,so let&#8217;s make some real money rebuilding the ruin we bring, and have the terrorist infidels beneficiaries pay with their &#8220;dirt&#8221;? Sad, but money plays friend against foe, and vice-a-versa for the good of the &#8220;Changemaker&#8217;s&#8221; &#8211; ca-ching!</p>
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		<title>By: Carla</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60195</link>
		<dc:creator><![CDATA[Carla]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 03:44:19 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60195</guid>
		<description><![CDATA[@Rickk: &quot;one thing has changed, this time the audience is aware that it is theatre.&quot;

If you are right, then everything has changed.

But the economic model based on constant growth--More, More, More--ain&#039;t gonna work.]]></description>
		<content:encoded><![CDATA[<p>@Rickk: &#8220;one thing has changed, this time the audience is aware that it is theatre.&#8221;</p>
<p>If you are right, then everything has changed.</p>
<p>But the economic model based on constant growth&#8211;More, More, More&#8211;ain&#8217;t gonna work.</p>
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		<title>By: Tyrone</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60191</link>
		<dc:creator><![CDATA[Tyrone]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 01:35:12 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60191</guid>
		<description><![CDATA[Corporate America has the mightiest military power on earth (the U.S. military forces) to wage war against the masses, should they &#039;rise up.&#039; The plans have already been prepared for that scenario.]]></description>
		<content:encoded><![CDATA[<p>Corporate America has the mightiest military power on earth (the U.S. military forces) to wage war against the masses, should they &#8216;rise up.&#8217; The plans have already been prepared for that scenario.</p>
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		<title>By: Stephen A. Boyko</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60189</link>
		<dc:creator><![CDATA[Stephen A. Boyko]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 00:21:28 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60189</guid>
		<description><![CDATA[Agreed. Regulatory conflation of risk and uncertainty through one-size-fits-all deterministic metrics enabled renters to be given property rights via securitization financing. Absent the conflation, it would have been more difficult to shop ratings and game price discovery. How could an indeterminate issue qualify for AAA consideration? It is a structural flaw that needs to be corrected.]]></description>
		<content:encoded><![CDATA[<p>Agreed. Regulatory conflation of risk and uncertainty through one-size-fits-all deterministic metrics enabled renters to be given property rights via securitization financing. Absent the conflation, it would have been more difficult to shop ratings and game price discovery. How could an indeterminate issue qualify for AAA consideration? It is a structural flaw that needs to be corrected.</p>
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		<title>By: Rickk</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60188</link>
		<dc:creator><![CDATA[Rickk]]></dc:creator>
		<pubDate>Tue, 29 Jun 2010 00:20:57 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60188</guid>
		<description><![CDATA[TonyForesta wrote:

&quot;The finance reform spectacle was kabuki theater, and nothing has CHANGED! The oligarchs are allpowerful now.&quot;

I agree that it is Kubuki, one thing has changed, this time the audience is aware that it is theatre.]]></description>
		<content:encoded><![CDATA[<p>TonyForesta wrote:</p>
<p>&#8220;The finance reform spectacle was kabuki theater, and nothing has CHANGED! The oligarchs are allpowerful now.&#8221;</p>
<p>I agree that it is Kubuki, one thing has changed, this time the audience is aware that it is theatre.</p>
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		<title>By: Per Kurowski</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60187</link>
		<dc:creator><![CDATA[Per Kurowski]]></dc:creator>
		<pubDate>Mon, 28 Jun 2010 22:11:24 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60187</guid>
		<description><![CDATA[“You should be paid and valued differently for juggling oranges vs. orange hand grenades”

The market already does that but the regulators gave additional incentives to the orange jugglers, and that´s when a load of oranges fell on them.]]></description>
		<content:encoded><![CDATA[<p>“You should be paid and valued differently for juggling oranges vs. orange hand grenades”</p>
<p>The market already does that but the regulators gave additional incentives to the orange jugglers, and that´s when a load of oranges fell on them.</p>
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		<title>By: earle,florida</title>
		<link>http://baselinescenario.com/2010/06/26/jp-morgan-responds-to-financial-reform-the-poison-pill-strategy/#comment-60186</link>
		<dc:creator><![CDATA[earle,florida]]></dc:creator>
		<pubDate>Mon, 28 Jun 2010 22:07:13 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=7787#comment-60186</guid>
		<description><![CDATA[Re: @ hermanas____Amen!]]></description>
		<content:encoded><![CDATA[<p>Re: @ hermanas____Amen!</p>
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