It's About Liberty: A Conservative Forum
Topics => Economy => Topic started by: Libertas on November 17, 2011, 01:50:54 PM
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Via Z/H -
http://www.zerohedge.com/news/entire-system-has-been-utterly-destroyed-mf-global-collapse-presenting-first-mf-global-casualty?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/news/entire-system-has-been-utterly-destroyed-mf-global-collapse-presenting-first-mf-global-casualty?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
::thumbsup::
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BCM Has Ceased Operations (source)
Posted by Ann Barnhardt - November 17, AD 2011 10:27 AM MST
Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,
It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.
The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.
...
What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.
So, Ann is out. She wrote last week that the theft of money from MF Global would spell doom for a number of firms, so I'm not surprised. There is another factor at play here as well:
My Two Personal Action Items.
Posted by Ann Barnhardt - November 4, AD 2011 9:02 PM MST
1. I am finished paying Federal taxes. Enough is enough. I refuse to hand over money to criminals. I refuse to subsidize the covert arming of Mexican drug cartels. I refuse to subsidize the slaughter of preborn children. I refuse to fund the Muslim Brotherhood and other musloid regimes who are engaging in genocide and overt, declared war against me, my country and our allies. I cannot give money to this government in good conscience any more than I could give money to the Third Reich in 1941. It is now to the point where supporting this government is very, very likely a mortal sin. God is first. God is first. God is first.
2. I will be moving my money out of the mega-banks in favor of small, locally owned banks and credit unions. Enough is enough.
I have made my decision, and let it now be done to me according to God's will.
About an hour ago, Rush cited Zerohedge as the source of an announcement that a hedge-fund was throwing in the towel, but I must have missed connecting BCM to Ann, and he didn't mention her by name.
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Wow. Just Wow .
Didn't verify the quote, but this was in the zero hedge comments:
"Do not blame Caesar, blame the people of Rome who have so enthusiastically acclaimed and adored him and rejoiced in their loss of freedom and danced in his path and gave him triumphal processions and laughed delightedly at his licentiousness and thought it very superior of him to acquire vast amounts of gold illicitly. Blame the people who hail him when he speaks in the Forum of the 'new, wonderful good society' which shall now be Rome's, interpreted to mean 'more money, more ease, more security, more living fatly at the expense of the industrious.' Julius was always an ambitious villain, but he is only one man." - Cicero
As some felt is was unfair to just call Obama out, and not Bush and the doezens of other Pols left and right whose corrupt handling of our public affiars has left us in this mess.
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Ann's post is going viral. Denninger (http://market-ticker.org/akcs-www?post=197702) and Wretchard (http://pjmedia.com/richardfernandez/2011/11/17/plugging-every-loophole/) have also posted about her.
As for the Cicero quote, I couldn't find it here (http://www.brainyquote.com/quotes/authors/m/marcus_tullius_cicero.html) or here (http://www.goodreads.com/author/quotes/13755.Marcus_Tullius_Cicero?page=1). Of course, its absence doesn't prove he didn't say it, but it's looking doubtful.
It bears a strong resemblance to the following quote about Obama, which has circulated in chain e-mails:
“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.”
“The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.”
I spent a few hours one Saturday trying to track it down, and came up empty-handed. The only thing I found for certain was that it did not originate in an Eastern European newspaper, as is often claimed. It was already circulating before it appeared in the newspaper.
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Is her name Barnhardt or Braveheart?
I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.
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Sounds like she plans on living off the grid for the duration then. Her list of demands is high. Righteous, but high.
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She's a high minded woman.
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Is her name Barnhardt or Braveheart?
I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.
::bows::
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http://hotair.com/archives/2011/11/18/mf-global-the-case-of-the-missing-600-million-gets-murkier/ (http://hotair.com/archives/2011/11/18/mf-global-the-case-of-the-missing-600-million-gets-murkier/)
What happened to the $600 million missing from customer accounts at MF Global, the investment firm run by former New Jersey governor and Barack Obama confidante Jon Corzine? After three weeks of intense investigation, no one seems able to find it — and it’s beginning to look like MF Global burned through it in an attempt to cover their own losses.
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"If they can’t find it, those “free loans” will look a lot more like embezzling, and there will be a lot of former customers that will be looking for blood as well as money in the weeks and months ahead."
No sh*t?! Talk about a no-brainer excuse to drag Corzine out into the street for some vigilante justice! Corzine...Madoff, what's the diff? None that I can see!
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Corzine...Madoff, what's the diff?
Fwank, Schumer,.................
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So...Barnhardt goes Galt.
I will be interested, though, to see how that "not paying federal taxes" thingy works out.
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So...Barnhardt goes Galt.
I will be interested, though, to see how that "not paying federal taxes" thingy works out.
Did you read her multiple posts on the issue? She's quite willing to go to jail.
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So...Barnhardt goes Galt.
I will be interested, though, to see how that "not paying federal taxes" thingy works out.
Did you read her multiple posts on the issue? She's quite willing to go to jail.
She has little to lose other than freedom and that's relative to what we've got today, ain't much. If I was single alone with nobody depending on me, I would have done what's necessary and let the history be made. I hate this sh*t eating regime worse than Satan.
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So...Barnhardt goes Galt.
I will be interested, though, to see how that "not paying federal taxes" thingy works out.
Did you read her multiple posts on the issue? She's quite willing to go to jail.
She has little to lose other than freedom and that's relative to what we've got today, ain't much. If I was single alone with nobody depending on me, I would have done what's necessary and let the history be made. I hate this sh*t eating regime worse than Satan.
Because it is evil we see on a daily basis! We know this devil!
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http://ca.news.yahoo.com/insight-anger-mounts-mf-global-clients-see-3bln-190836206.html (http://ca.news.yahoo.com/insight-anger-mounts-mf-global-clients-see-3bln-190836206.html)
NEW YORK (Reuters) - Three weeks after MF Global's collapsed, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still stuck.
While authorities have touted the fact that they are returning 60 percent of the collateral and cash that had been frozen in the wake of the broker's October 31 bankruptcy, a closer look shows that in fact only about 40 percent of customers' total funds have been authorized for release so far.
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I must not be properly understanding something about finance/bankruptcy law. It appears customer/client money, even that which is in cash positions, is being withheld to make sure creditors get paid?
That money doesn't belong to MF Global if it's funds simply parked and not invested, does it? If that's so (and it may not be; I'm going on what I think I understand), how can client/customer money that was illegally desegregated be considered an MF Global asset to be redistributed to any but the rightful owners?
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That money doesn't belong to MF Global if it's funds simply parked and not invested, does it? If that's so (and it may not be; I'm going on what I think I understand), how can client/customer money that was illegally desegregated be considered an MF Global asset to be redistributed to any but the rightful owners?
The same way Unions got bailed out at the expense of bond holders at GM, and it sends the same message. YOU CAN'T AFFORD TO INVEST. This government has made it clear that laws are only for the little people. Its just another gateway to wealth that is closing - because the Administration will make sure the "right people" always benefit, and most of us will not be " the right people"
Going Galt isn't always going to be a conscious decision. Most will go Galt because of the incentives provided. Work 80 hours, have 60% taken away. Become wealthy and be demonized and threatened with violence. Hire a new employee, make your businessless productive and costly. Invest your money and loose it because the laws will not protect your rights. How can you be productive if the jobs dry up? People will automatically adjust to new situations and incentives, and will drop be degree out of the economy and the productive flow, having never read Ayn Rand, or having consciously thought about doing so. Who is John Galt? He is human nature, and inside all of us. And Obama knows this. HE wants the productivity engine to stop. He wants a crisis where millions are angry and starving, because that is the best sort of environment for his fascist demagoguery. Just ask Hilter. Just ask FDR.
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That money doesn't belong to MF Global if it's funds simply parked and not invested, does it? If that's so (and it may not be; I'm going on what I think I understand), how can client/customer money that was illegally desegregated be considered an MF Global asset to be redistributed to any but the rightful owners?
The same way Unions got bailed out at the expense of bond holders at GM, and it sends the same message. YOU CAN'T AFFORD TO INVEST. This government has made it clear that laws are only for the little people. Its just another gateway to wealth that is closing - because the Administration will make sure the "right people" always benefit, and most of us will not be " the right people"
Going Galt isn't always going to be a conscious decision. Most will go Galt because of the incentives provided. Work 80 hours, have 60% taken away. Become wealthy and be demonized and threatened with violence. Hire a new employee, make your businessless productive and costly. Invest your money and loose it because the laws will not protect your rights. How can you be productive if the jobs dry up? People will automatically adjust to new situations and incentives, and will drop be degree out of the economy and the productive flow, having never read Ayn Rand, or having consciously thought about doing so. Who is John Galt? He is human nature, and inside all of us. And Obama knows this. HE wants the productivity engine to stop. He wants a crisis where millions are angry and starving, because that is the best sort of environment for his fascist demagoguery. Just ask Hilter. Just ask FDR.
I observed that, and understood it for what you describe, in the different ways in which GM and Solyndra investors were handled; I just needed validation that I was looking at it yet again.
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The total corruption of the market is why she said:
"No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what [it] is now a massive game of Russian Roulette."
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The total corruption of the market is why she said:
"No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what [it] is now a massive game of Russian Roulette."
Yes.
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Take away the implication that this is random, and yeah, I'll buy 100% of that!
Or modify it to read forced Russian roulette, not all participants are willing!
We need the emphasis where it belongs...proglodytes in government...the gun-pointers, and their enablers in free enterprise that did little to push back on this, and the electorate who let them all get away with it!
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And when it's all distilled down you get totalitarianism. That is the end game the democrats are playing toward and they are being systematically aided by progressive republicans (ie, establishment republicans). We're on the brink folks. The question seems to be is it to late to get back from the edge and if it is not too late, are we actually going to keep ourselves from going over?
I guess I'm tentatively in the camp that says we haven't gone over just yet and we still have a chance to keep from doing so. But this next election is the last chance we have.
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BMG, that assumes no collapse before then
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True enough AP, true enough.
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Link (http://www.reuters.com/article/2011/11/22/us-mfglobal-futures-idUSTRE7AL06I20111122?feedType=RSS&feedName=topNews&rpc=22&sp=true)
Many cattle and energy traders a the CME have stopped trading and are angry.
[blockquote] "I would be hedging some feeder cattle right now, but I'm not going to do it. I'm leaving them exposed to the cash market and I don't like that," Rietzke said.
Monday's news that the missing funds at MF Global may have doubled to $1.2 billion has only deepened the mistrust of the system.
[/blockquote]
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Better watch things closely, if confidence begins to collapse, the cascade into chaos will be supercharged into a death-spiral!
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Man it sucks being poor but at least I have less to loose. ::whatgives::
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You've Got to be Kidding Me.
Posted by Ann Barnhardt - November 22, AD 2011 7:20 PM MST
Terrence Duffy's Introduction at CME Group Press Conference with Mayor Daley (http://www.youtube.com/watch?v=Vb5iP0aRVCw#ws)
Now that I have stopped simultaneously laughing, crying and throwing things at my monitors, I can now post on this little gem. That little bit of ego in me would like to think that maybe my little screed from last Thursday helped to spur this amateur Kabuki theater presentation, but NAH. That would imply that any of these people actually read, and I seriously doubt that.
First, note Mayor Daly's lack of eye contact or acknowledgement upon his introduction, followed by some of the most furious fake paper rifling action I have seen in a long time. Then, at the 0:21 second mark, please enjoy the Nixonian "I-don't-belive-my-own-lies-but-I-expect-you-to" nose scratch from hell from Terry Duffy. Bwah-ha-ha-ha. Here is the whole transcript with my comments in bold:
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Good morning. {Not for the MF customers, it isn’t.}
I’m Terry Duffy, executive chairman of CME group and I want to thank you all for being here today. I want to welcome you to our press conference and thank Mayor Daley for being here. {SMOOCH!}
I want to recognize my colleagues, Mr. Brodsky, Jack Somebody, Leo Melamed, and some of the treasurers behind me that you are going to hear from in just a second. We are here to discuss something that we feel very strongly about {No one is interested in how you people FEEL. All we want to hear about is the objective reality of WHERE THE FLIPPING MONEY IS. Take your sentiments and stow them, sailor.} and that is the importance of Chicago’s financial marketplace, not just to the city, but to the world. {Not for long, hon. Musical interlude:}
Click Here to Listen. Trust me. Heh. (http://www.youtube.com/watch?v=Jn8YuDqFo6o#noexternalembed)
I am especially pleased to host Mayor Daley, a long-time friend. {Uh, that doesn’t help your credibility, Terry.}
I’d like to thank the mayor for arranging today’s press conference and the round table that we had. {SMOOCH!}
We had a very informative round table discussion with some of the top financial service industry leaders. {FANTASTIC! Does that mean you found the stolen customer seg funds?}
We discussed a whole host of challenges and opportunities facing the financial community, from regulatory issues to global expansion. {Did you discuss the challenge of going down the list of MF’s counterparties and calling them and asking if they had the money? It’s really quite simple, you know.}
It’s wonderful to have a mayor who values the vital role of the economy played in Chicago’s financial services community. {Oh, SMACK! Duffy is referring to Daley, but the current mayor is Rahm Emanuel. Duffy just backhanded Emanuel bigtime.}
It’s worth pointing out that there are some segments of our financial market that provided a place of shelter for the most damaging parts of the economic crisis. {Provided. PAST TENSE.}
Futures and options markets are chief among them. {WERE chief among them.}
They function flawlessly, providing liquidity, transparency and central counterparty clearing services that continue to work throughout the crisis. {Uh, I know several thousand MF customers who would have just a TINY nit to pick with that statement, Terry.}
No customer has ever lost a penny as the result of a clearing member default at CME Group. {Okay. Now you’re just shamelessly lying.}
And that includes the Great Depression up through the most recent economic failure. Even though CME Group and our fellow exchanges are headquartered in Chicago, our businesses are truly global. {Yeah, you have screwed people all over the planet. Your mother must be so proud.}
We continue to dramatically expand our businesses as a consequence of distributing our products worldwide. {Let me guess – you’re bullish Greece, right?}
At CME alone, we now serve customers in more than 85 countries. {Is “serve” the new jive-talk street slang for what goes on in prison showers?}
We serve them through the CME Globex, the most distributed electronic trading platform in the world. {“Serve.” I get it.}
We are standing here today at the nerve center of this global operation. {Ooooh. Ahhhh.}
What you see around you is the new state-of-the-art global command center from which CME Globex operates around the clock to serve our clients. {Wow! Look at all of those flat screen monitors! It’s like Star Trek, or Dr. Evil's Lair, or something.}
Roughly 60% of our employees are involved in technology supporting this operation. {The other 40% are “auditors”. Snorf.}
In fact, we have invested more than 1.5 Billion dollars over the past several years, much of that deployed right here in Chicago. {Wow. Looks like you’re going to have to sell all of that off to make the MF customers whole, Terry. But hey, at least you’ll be able to afford it!}
To give you a sense of the scale, last year we traded 2.6 billion contracts, representing an underlying value of more than $800 trillion dollars. {Uh, I would expect those numbers to be just a TAD lower next year.}
And since we are the guarantor of every transaction that happens in our markets, we have to guarantee the performance of each and every one of these contracts, which means facilitating the transfer of $800 trillion dollars of risk. {So, why didn’t you guarantee the MF customers? Why did you lock them out of their accounts and destroy the entire system, you idiot? Why did it take you a week to even begin the transfers?}
To do this, we hold more than $100 billion dollars of collateral to support the transactions that are being done in our markets. {Apparently not, Terry. Apparently MF did not have the full collateral posted, which is why the MF customers were DOUBLE MARGINED when their positions FINALLY transferred. Do you ACTUALLY believe your own bee-ess?}
And twice a day we move between six and ten billion dollars of funds to and from market participants, much of that banking activity happening right here in Chicago. {Yeah, where the hell IS Harris Bank in all of this?}
Indeed, Chicago has become a catalyst in the transformation of the global financial marketplace. {You got that right, Bub. You are going to take the entire thing down.}
In fact, Chicago has reaffirmed its leadership with a new set of trading entrepreneurs now involved in hedge funds, proprietary trading firms, arcades and technology companies, many of whom were at the round table earlier this morning. {Reaffirmed its leadership? You FAILED. You failed epically, totally and catastrophically. You FAILED in your fiduciary duty to audit and enforce the common sense rules with Corzine and MF – but then, I reckon it was pretty tough to execute an audit of MF whilst you were on your knees under Corzine’s desk trying to buy that sweet Deputy Treasury Secretary gig, right? You FAILED to protect the MF customers before the collapse. You FAILED to do your job and keep the MF customers liquid after the collapse. It’s over, Terry. You and your boys just hung yourselves with your own $1500 neckties. No one is buying your sleazy, lawyered-up, a$$-kissing spin. Say goodnight, Gracie.}
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Heh, Grade A comments CO! ::thumbsup::
They are in panic mode, they know confidence in the system has taken a major hit, all because the insider game has been exposed and their lies are so blatant it is stunning anybody would use their statement for anything more than emergency toilet paper (or better yet used to light the building on fire where these people congregate)! The man behind the curtain has been seen and he isn't wearing any pants, and everyone fleeced by these thieves should be storming their offices and dragging them into the streets.
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Corzine to be brought into the House Financial Services Committee, hopefully by his shorthairs...
http://www.cnbc.com/id/45406142 (http://www.cnbc.com/id/45406142)
Man, are there some ubber douchebags on this committee on the demonrat side, led by Blarney Fwank, who shouldn't be on any committee dealing with financial matters, period! He should be in manacles along with Dodd & Corzine!!!
http://financialservices.house.gov/About/Members.htm (http://financialservices.house.gov/About/Members.htm)
I sure hope Bachmann can make it to this hearing!
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Lawyer's are still fighting for the customers legal right to their money.
[blockquote]Another Radio Interview & Other Collectanea
Posted by Ann Barnhardt - December 1, AD 2011 1:09 PM MST
...
3. Interesting video here. This is the guy who is running the MF customer group that I linked to earlier this week. He is also the guy who criticized me for shutting down. He is very well-informed as to what is going on, but because he is in the business himself, I think he is also in a state of denial about the systemic nature of this problem and the extent to which trust in the system has been destroyed. But his command of the intricacies of this situation are good, and he is rocking the Buddy Holly/Roy Orbison look, so that's cool too. This video really gets going at the 3:30 mark:
[James Koutoulas Co-Founder Commodity Customer Coalition - MF Global Bankruptcy]
James Koutoulas Co-Founder Commodity Customer Coalition - MF Global Bankruptcy (http://www.youtube.com/watch?v=MZkjIIudN70#ws)
Aside: I had a great conversation with a trader out of Hong Kong operating in Seattle earlier this week, and he confirmed that the Asian trade is now viewing the U.S. markets as POISON because of this. I told him to pack his bags and go home to Hong Kong and set up shop there, because - and brace yourselves for this - the Chinese markets and regulatory oversight bodies have more integrity than their U.S. counterparts, and there will be a flight to quality with regards to the rule of law into the Chinese financial markets.
Think long and hard about what I just said. Then feel free to go sit on the stairs and sob for as long as is needed.
[/blockquote]
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The ChiCom's have the added advantage of taking people out and shooting them in the head when they do someting the Politburo doesn't like, a power Stymie would love to have and I would do anything to prevent him from getting. Having said that, there is still the rampant incompetence, cronyism and corruption in our oversight ranks that need a purging...but that could be said of everything government has a hand in, so...chicken/egg...I say we strangle the chicken and stomp on all the eggs to prevent reproduction...I guess I just voted for open conflict...I'm OK with that.
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http://www.weeklystandard.com/blogs/jon-corzine-still-bundling-obama_640493.html (http://www.weeklystandard.com/blogs/jon-corzine-still-bundling-obama_640493.html)
Barack Obama's reelection campaign has released the most recent list of names of fundraising bundlers. On that list is Jon Corzine, the former governor of New Jersey and embattled money man, the former head of MF Global.
As ABC reported, "President Obama once hailed [Corzine] as an 'honorable man' and one of his 'best partners' in the White House." Since that time, Obama has tried to distance himself from Corzine, who at one point was considered for the treasury secretary slot.
But apparently Obama is still willing to use campaign funds from the embattled Corzine.
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BMG, it's just business. Ha! We'll get 'em at the voting booth come November.
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Yeah I hear ya CO. It's nauseating...
...but what's exponentially worse is that there are *STILL* voters in this country that are willing to support these people.
I know you can't put any real faith in polls but look, most polls show Obama's 'likeability' at 45ish percent. It's mind-boggling to me that his 'likeability' should even be north of 20% quite frankly. Even though I'm certain that 45% figure has been stretched in those polls, I also know that it hasn't been stretched by 25 points. So that means that either that 20% that are generally regarded as the rabid, looney communist-loving minority in this country is higher than 20% or there are an awful lot of people just not paying any attention.
Either scenario is a death knell for the country.
And it makes me sick...
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It's because people still have the luxury of being able to take the easy way out. It's easy for them to make themselves feel all good and enlightened by giving him high marks for personal likability, he's like the collective "black friend" for guilt-ridden white America. Does that mean they'll vote for him again? That part is less certain.
But ultimately, we're not going to see any efforts to address fundamental problems while people still have the luxury of self-delusion. The economy is weak, but most people still have jobs and the grocery store shelves are still stocked. This allows them to maintain their impenetrable shield of ignorance for a while longer. It's not going to last.
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Obama has been generous with his stash.
"Don't have to worry about my mortgage..."
Of course he's likeable.
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Some of these people look scared, and they should be...the Kabuki theater won't work much longer, once the poop starts hitting the fan in earnest...Katie bar the door!
They better run fast, the angry mobs will be mobile and hostile.