| | | Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 | Man calls todays stock market crash to the date, on a message board? must read.
| Anonymous Coward
User ID: 385176
9/18/2008 6:09 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
I emailed the guy at Princeton and asked, "Are you the reinhardt banned from Google Groups?"
We shall see... |
| IK 
User ID: 505973
9/18/2008 6:20 PM
 | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
MATERIALITY DOES NOT ATTACK THE BODY OR THE CONCIOUS FUNCTIONING OF THE MIND; IT ASSAILS THE WILL POWER AND DESTROYS THE MORALE..... MANLY P:HALL
"After APRIL 24TH 2009, COUGHING = THREAT.QUOTE IK |
| Anonymous Coward
User ID: 505791
9/18/2008 6:48 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
4 PIN |
| Anonymous Coward
User ID: 385176
9/18/2008 6:55 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Is this woo over too many heads? |
| Anonymous Coward
User ID: 505791
9/18/2008 6:57 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Is this woo over too many heads? Quoting: Anonymous Coward 385176
I'm afraid it's even over the Mods heads. |
| Anonymous Coward
User ID: 505791
9/18/2008 7:01 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
From: reinhardt - view profile
Date: Fri, Jul 18 2008 10:36 am
Email: reinhardt <servicec...@bellsouth.net>
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"Crash is in September."
yup
and the negative news that will move the market downward should occur
Sept 15
this organization below.. runs the show
[link to www.legatus.org]
the money laundering occurs just prior to the pilgrimage to rome and
the checks are written during the pilgrimage and the checks clear by
September 14 and the negative news leaks out (something along the
lines of "insider trading on a mass scale at a major brokerage) then
they start crossing the "t"s and dotting the "i"s on Sarbanes-Oxley II
SOX II will certainly protect the working class' nest-eggs fur sure!
============================================================
From: Matt - view profile
Date: Fri, Jul 18 2008 10:46 am
Email: Matt <mattrya...@gmail.com>
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Hold on...what? That looks like a freaking opus dei type of
organization - is that where you're going with this? I'm intrigued,
but it all seems a little out there...
[link to www.legatus.org]
Reply Rate this post: Text for clearing space
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From: reinhardt - view profile
Date: Fri, Jul 18 2008 11:07 am
Email: reinhardt <servicec...@bellsouth.net>
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"is that where you're going with this?"
it is no coincidence that Father Jose Escriva started Opus Dei in 1928
it is no coincidence that Monohan started Legatus just prior to the
1987 crash.
it is no coincidence that Tyco's Belnick "met privately" with the Pope
during the 1999 "pilgrimage"
google "Belnick" "unlikely cause" as in "Tyco's windfall goes to
unlikely cause"
and it is no coincidence the David Tice leaked the rumor that started
the slide of Tyco the day after that pilgrimage
google "David Tice" and "Tyco" and put the dates in order as I have
done
it is no coincidence that the last pilgrimage to rome was during the
Ides of March which was the weekend prior to Bear Stearns' little
number
the game has to be played somehow
and this.. is the way it is played
============================================================
From: reinhardt - view profile
Date: Fri, Jul 18 2008 11:29 am
Email: reinhardt <servicec...@bellsouth.net>
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"but it all seems a little out there..."
it does seem like that
This is how you debase a securities market:
Note: For search purposes the date format is day/month/year (example:
24/05/1999 is read as May 24 1999).
24/05/1999 Al Gore backs aid to faith-based groups in speech to
Salvation Army facility in Atlanta.
The following is the political definition of "aid to faith-based
groups".
07/1999 Tyco wires $15 million to one of Kozlowski’s personal
accounts and $10 million to a personal account of Mr. Schwartz.
22/07/1999 (WSJ316) Texas Gov. George W. Bush tells an Indianapolis
audience that aid to faith-based groups will rally America’s “armies
of compassion” to solve social ills (this is a biblical metaphor).
Here comes a little more of Gore & Bush's "aid to faith-based groups".
08/1999 $38.5 million bonus paid in the form of loan forgiveness to
Schwartz ($12.5 million) and Kozlowski ($25 million) and $1 million to
another person. Note: Phillip Hampton (“dead-man defense”) chairman
of Tyco compensation committee.
The accounts of Kozlowski, Belnick, and Schwartz are all being filled
prior to the pilgrimage to Rome.
22/09/1999 Belnick files to sell 75,000 shares, worth an estimated
$7.5 million, that he acquired through an exercise of options and from
an employee benefit plan.
30/09/1999 (WSJ300) Belnick receives the first of several huge Tyco
payments: $3.4 million from the sale of restricted company shares.
The same day!
30/09/1999 Members of the organization of Catholic businessmen begin
their 1999 Pilgrimage to Rome with a Mass in the Church of Santo
Spirito celebrated by Archbishop John Foley. The Pilgrimage lasts
until October 07, 1999.
10/1999 Barbara Ley Toffler ends work at Arthur Anderson "four years
to the day" after she started.
10/1999 (WSJ101) Frank Savage Joins Enron’s board. He will be a
member of the board’s finance committee. He is also on the board of
Lockheed Martin Corp. WSJ reports this is the day after Enron
suspends ethics code for the second time. This move enables CFO
Andrew Fastow to head two controversial partnerships that kept
significant debt off of the books. Savage subsequently votes to
create other off-balance sheet vehicles and suspends the ethics code a
third time. (note: the IRS conspired to allow Enron to avoid taxes
since "Project Tanya" in 1996) Note: Harvard's Toffler ended work
with Arthur Anderson this month!
10/1999 (WSJ338) Enron launches Enron Online and racks up more than
$180 billion in transactions in the first year. Note: The IRS only
bills them for $64 million.
06/10/1999 Belnick emails Father McCloskey to say: “I’m sending you
my check for $2M for my pledge to the new Sanctuary/Alter in the
Catholic Information Center in Washington.” My note: Some of that
faith-based funding stuff is starting to enter the scene. Belnick is
actually laundering money between the church and Tyco.
Note: The "radical Islamic Muslim extremists" begin to wonder why a
Jewish attorney is laundering money from Tyco to Catholic
institutions?
06/10/1999 Wednesday October 06 1999; 05:02 pm Eastern Time; Yahoo
Message Board: TYC (Tyco); Post #4545; "The lawyer is shedding some
stock" "Probably buying a boat ... wonder what he knows?"
Washington October 06 (Reuters) - Mark Belnick, chief corporate
counsel and executive vice-president at Tyco International Ltd.
(NYSE:TYC - news), filed to sell about $7.5 million in stock, a
Securities and Exchange Commission filing said. Belnick filed
September 22 to sell 75,000 shares, worth an estimated $7.5 million,
that he acquired through an exercise of options and from an employee
benefit plan, the filing said.
06/10/1999 Tyco shares are up 1-1/8 to $106-1/8 on the NYSE.
See the next day!
07/10/1999 Date of the end of recent Legatus Pilgrimage. Note: The
Catholic Information Center in Washington looted Tyco, not Belnick.
Belnick was simply the courier.
Note: See next day!!!!!
08/10/1999 David Tice (Dallas-based market analyst) sends out report
regarding Tyco’s accounting practices. Note: In reality, the report
should have mentioned money-laundering but it didn’t. Note: This is
the day following the end of the Legatus pilgrimage. The check is in
the mail as of two days ago. The Catholic Information Center gets its
money. The Legatus "tough choices" are chosen. The beans can be
spilled.
13/10/1999 Tyco calls rumors “unfounded and malicious”. This is a
Wednesday (six days after the Legatus Pilgrimage).
29/10/1999 Tyco issues response to New York Times article. Note: The
NYT is (intentionally) debasing Tyco share value.
31/10/1999 EgyptAir crashes a half-hour after the plane takes off
from New York’s John F. Kennedy Airport.
11/1999 (WSJ300) Tyco accounting practices begin attracting
skeptical press reports. The SEC commission launches a probe.
The SEC is faking it.
02/11/1999 (WSJ300) Father McCloskey emails Belnick: “I pray you are
weathering well the Tyco tempest”.
05/11/1999 (WSJ300) Belnick emails Father McCloskey blaming the
government inquiry on “rumormongers”. He adds that Tyco’s woes were
“nothing compared to the problems of Mother Theresa’s earthly charges
or the glory of her boss.” (note: yet another biblical analogy to
white-collar crime)
05/11/1999 (WSJ27) WSJ reports the Senate overwhelmingly approved, by
a vote of 90-8 a landmark financial services overhaul of restrictions
in the Glass-Steagall law.
16/11/1999 George H. W. Bush and his wife sell 100,000 shares of
Global Crossing for $4.45 million.
12/1999 (WSJ563) Omar Sheikh is freed from an Indian Jail - where he
was serving time for kidnapping American (and British) citizens in
Delhi - in exchange for the release of 150 Indians whose flight had
been hijacked to Kandahar by Islamic terrorists. (According to an
eyewitness, Mr. Bernard-Henri Levy reports, Sheikh was received in
Kandahar by an ISI operative.)
09/12/1999 Tyco announces the SEC is conducting an informal inquiry
related to charges and reserves taken in connection with the company’s
acquisitions.
22/12/1999 Lawfirm Stull, Stull and Brody announce class action
against Tyco. Kaplan, Kilsheimer and Fox also file a class action
against Tyco in the district of New Hampshire. Other law-firms
include Bernstein, Liebhard and Lifshitz. Schoengold and Sporn.
Note: They are debasing Tyco stock value and they are rounding up who
knows what to make certain that knowledge of what really happened
stays.. at the tip of the iceberg.
10/03/2000 Nasdaq closes at 5048.62 after hitting an intraday high of
5132.52.
Mark Belnick and Warren Rudman had re-"structured" and "governed" the
NASD between 1994 and 1995.
24/02/2000 (WSJ300) Belnick laments in an email to Father McCloskey
that he lacks “spousal consent”.
28/02/2000 (WSJ300) Day Belnick had planned to convert to
Catholicism. |
| Anonymous Coward
User ID: 505791
9/18/2008 7:12 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
From: Troy - view profile
Date: Fri, Jul 18 2008 12:41 pm
Email: Troy <Troy.Mandevi...@gmail.com>
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Does stuff only happen around/after their pilgrimages or around their
summits too? I see they have a summit in October, and then one in
February of next year.
I do find all this rather interesting... Like they said in even the
most basic Political Science courses back in college "Not much of
anything is by coincidence alone". The skeptical side of me says that
just be cause X happened, and then Y happened, doesn't mean that X
caused Y. I'm definitely going to have to read up on all this during
my lunch break though.
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From: reinhardt - view profile
Date: Fri, Jul 18 2008 3:09 pm
Email: reinhardt <servicec...@bellsouth.net>
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"Does stuff only happen around/after their pilgrimages"
good question
from what I have seen the local (non-Rome) junkets tend to attract a
significant gathering of politicos in whatever area they take place
and the local stocks of companies in those locales and states are
affected in a negative way on a smaller scale
it took me a while to determine that the Rome visits were the big ones
Reply Rate this post: Text for clearing space
From: aryk...@gmail.com - view profile
Date: Fri, Jul 18 2008 3:14 pm
Email: aryk...@gmail.com
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I wasn't being snide. I was seriously interested in your research and
will peruse your site, Reinhardt.
I have done similar investigations myself, though not of a financial
nature. What I find interesting is the way that certain dates are
repeated for momentous events. Example: April 19th. On that date:
1529: Protestant Movement begins
1775: American Revolutionary War begins
More recently: Bay of Pigs, Waco, Oklahoma City Bombing and Pope
Benedict XVI Elected
So one might suggest that April 19th is a day of revolution and
transition.
Now, of course, when you are dealing with thousands of years of
history, certainly you are going to have important events occurring on
the same day. However, what I find most interesting is the religious
iconography repeated on certain dates. (Warning: muddy waters ahead)
Consider September 11th's juxtaposition to important millennial
events: Creation of Adam then 2000 years later the birth of Abraham
(according to certain Rabbinical calendars) then 2000 years later the
birth of Christ (NASA approximation). So, if September 11th formerly
represented a time of divine creation, then the destruction caused
2000 years later 9/11/2001 would be a symbolic subversion of that
creation, signifying an even more calamitous era is upon us
(acknowledging the breadth of calamity during the Judeo-Christian
era). Yes, this is apocalyptic stuff - which whatever your beliefs, is
a prevalent theme throughout our disparate cultures.
Anyway, I know this sounds New Age and hokey, and believe it or not I
tend to be a rationalist, but I think there may be something to this
and wonder if you've ever considered the significance of calender
dates?
- Hide quoted text -
- Show quoted text -
reinhardt wrote:
> "And why exactly is it played thus, Reinhardt? I would sincerely like
> to know."
> because globalization comes with an invoice ya rumdum.
> in this case this scenario is how Tyco's undersea fiber network got
> paid for
> no fiber = no outsourcing
> btw: bitter sarcasm and snide remarks don't work on me
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From: Troy - view profile
Date: Fri, Jul 18 2008 3:50 pm
Email: Troy <Troy.Mandevi...@gmail.com>
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reinhardt wrote:
> from what I have seen the local (non-Rome) junkets tend to attract a
> significant gathering of politicos in whatever area they take place
> and the local stocks of companies in those locales and states are
> affected in a negative way on a smaller scale
Now THAT is interesting. They have a Fall Summit in Seattle on Oct
2-4. Notable companies in the Seattle area:
WaMu, Boeing (HQ in Chicago now, but still huge in Seattle area),
Microsoft, Starbucks, Amazon, Expedia, Alaska Airlines, Weyerhaeuser,
OfficeMax, and my favorite, Costco (gotta love the $1.50 hot dogs w/ a
20oz soda!).
WaMu is one of the few stocks I follow closely, so that has me
wondering. They report earnings on Tuesday, so we'll see what happens
after that.
Thanks reinhardt!
Reply Rate this post: Text for clearing space
From: reinhardt - view profile
Date: Fri, Jul 18 2008 3:57 pm
Email: reinhardt <servicec...@bellsouth.net>
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my apologies
one date that crosses my mind every now and then is the opening
cerimony of Thomas Aquinas college: Sept 11, 1971
[link to extremecatholic.blogspot.com]
markets are crashed to pay for the bridging of divides
it is hard to determine the exact date of the completion of the bridge
so I don't think dates are chosen purely out of symbolism
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From: reinhardt - view profile
Date: Fri, Jul 18 2008 4:20 pm
Email: reinhardt <servicec...@bellsouth.net>
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nothing financially positive happens to a publicly traded stock
following any of Legatus' events
accountants can lie (sorry.. I mean't "tell an untruth") about a
company's earnings for decades but the moment the descision is made
and the action is taken to sell and confess is what Legatus covers up
that is why Monahan (the commie slayer) created it
Monahan hates commies so much he knows wall street has to cook the
books to defeat it.
my primary point: take notice of those dates and when they pass see
if I am wrong
that is what I have been doing since I first read about it in the WSJ
with Lauri's award winning Tyco/Belnick article and negative news has
followed every Rome event and most local ones
after Opus Dei came Legatus and I am looking to see what the next one
might be about the time Dan Brown pens "The Legatus Code".
Reply Rate this post: Text for clearing space
From: Matt - view profile
Date: Fri, Aug 29 2008 9:36 pm
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My man reinhardt! It seems the time is drawing nigh - the Toulouse
conference starts this coming Tuesday with Rome the following week.
The broad market seems to be setting up nicely for it, as we saw a
nice a nice holiday pump these past few days (granted we lost ground
today). With the technicals also setting up nicely - the decending
wedge over the past several weeks is setting up the market for a nice,
decisive move up or down. Any ideas of who the big attendees are going
to be or if there has been any interesting insider selling activity of
late? WCG puts before their drop would have been good for a 5000%+
move.
Cheers, and I'll be watching the events of the next 2 weeks. Sept 15th
(mon) might be a good weekend for a FNM/FRE takeover? Let the
conjecture begin...
Reply Reply with quote » Rate this post: Text for clearing space |
| Anonymous Coward
User ID: 505791
9/18/2008 7:19 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
From: reinhardt - view profile
Date: Fri, Aug 29 2008 9:42 pm
Email: reinhardt <servicec...@bellsouth.net>
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It will happen for three reasons
1. It always has.
2. It has to (it is the Vatican's main source of income).
3. It can (because the public's mind is perfectly brainwashed).
From: yates...@gmail.com - view profile
Date: Tues, Sep 16 2008 11:32 am
Email: yates...@gmail.com
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Okay, so reinhardt comes on here, starts talking about the economy and
how it's run by shadowy con artists, calls the market slide to the
day, and now he's banned? now there's a conspiracy theory for you.
Look reinhardt, I am also interested in this stuff, a lot, and for the
past few years I've been trying to figure out how it all works, I have
many questions about the stuff you've posted, not that I think it's
wrong I just have a bunch of questions. So if you are still checking
this board, REINHARDT PLEASE E-MAIL ME AT yates...@gm**l.c*m.
From: jwjo...@gmail.com - view profile
Date: Tues, Sep 16 2008 12:28 pm
Email: jwjo...@gmail.com
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Where is Reinhart? Did the Legatus security apparatus raid his
apartment and kill him and his family? Did he crack the conspiracy
and now is paying for his transgressions? Banned from Google
Finance? What did he say? Who did he offend, or scare?
Don't dig too deep, or you may be banned as well . . . or worse . . .
(insert creepy music and evil laughter here) |
| ExhaleAeonVolts
User ID: 444542
9/18/2008 7:34 PM
 | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
So Fucking Fascinating, I gotta bump this again.
To quote the brilliant Thomas Sowell.........
"Fidel Castro, Hugo Chavez, Moammar Gadhafi and Vladimir Putin have all praised Barack Obama. When enemies of freedom and democracy praise your president, what are you to think? When you add to this Barack Obama's many previous years of associations and alliances with people who hate America — Jeremiah Wright, Bill Ayers, Father Pfleger, etc. — at what point do you stop denying the obvious and start to connect the dots?" |
| Anonymous Coward
User ID: 505791
9/18/2008 7:41 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
How 'Legatus' Brought Down Wall Street
[link to gawker.com] |
| Anonymous Coward
User ID: 340322
9/18/2008 7:49 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
This is probably the first time I/we have witnessed a true prediction come true AND IT IS GETTING NO RESPECT!!
I don't understand the mods on this one at all.
PIN PLEASE SO THE GLP COMMUNITY CAN GET INVOLVED!! |
| Anonymous Coward
User ID: 340322
9/18/2008 7:52 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Skipper (op) change the title too read "Man calls September 15th stock market crash....
It may bring more folks to the table...they are thinking that it was todays prediction.
just sayin' |
| Anonymous Coward
User ID: 474539
9/18/2008 8:03 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
It is weird. I've been reading conspiracy sites forever. I have never heard of Legatus until this week. And apparently it is a real group. It is pretty wild when you actually start reading and understanding Reinhart's posts. I looked up the local chapter for my area and googled the people involved. Very very rich guys, very involved in local business here.
Reinhart mentioned in one post that they were doing a retreat in October in Seattle,Washington. He said that whenever they have their retreats, a company in the area usually is majorly affected in the market. He went on to list the companies based in that region. The one that caught my eye was Washington Mutual. It is headquartered in Seattle. Will the beginning of October mean the final end of WaMu? Quoting: Anonymous Coward 440235
i'm not sure if Reinhart actually was the one who named the local businesses ... another "enlightened" individual did ..
Does anyone have the other NAMED companies .. and a link to the post ??? |
| Anonymous Coward
User ID: 474539
9/18/2008 8:08 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
It is weird. I've been reading conspiracy sites forever. I have never heard of Legatus until this week. And apparently it is a real group. It is pretty wild when you actually start reading and understanding Reinhart's posts. I looked up the local chapter for my area and googled the people involved. Very very rich guys, very involved in local business here.
Reinhart mentioned in one post that they were doing a retreat in October in Seattle,Washington. He said that whenever they have their retreats, a company in the area usually is majorly affected in the market. He went on to list the companies based in that region. The one that caught my eye was Washington Mutual. It is headquartered in Seattle. Will the beginning of October mean the final end of WaMu?
i'm not sure if Reinhart actually was the one who named the local businesses ... another "enlightened" individual did ..
Does anyone have the other NAMED companies .. and a link to the post ??? Quoting: Anonymous Coward 474539
FOUND IT ...
Now THAT is interesting. They have a Fall Summit in Seattle on Oct 2-4. Notable companies in the Seattle area: WaMu, Boeing (HQ in Chicago now, but still huge in Seattle area), Microsoft, Starbucks, Amazon, Expedia, Alaska Airlines, Weyerhaeuser, OfficeMax, and my favorite, Costco (gotta love the $1.50 hot dogs w/ a 20oz soda!).
WaMu is one of the few stocks I follow closely, so that has me wondering. They report earnings on Tuesday, so we'll see what happens after that.
[link to www.abovetopsecret.com] |
| Anonymous Coward
User ID: 505791
9/18/2008 8:16 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Check out this trail........
Legatus >
Advisor Anthony J. Bevilacqua >
Archbishop Roman Catholic Archdiocese of Philadelphia >
Lobby Firm Stradley Ronon Stevens & Young >
Life-Pack Technologies >
Integrated Biopharma >
E.I. Du Pont de Nemours and Company
[link to www.muckety.com]
Life-Pack Technologies "We Create Dream Solutions for Nightmare Scenarios"; "Escaping from inescapable horrors. Staging and fighting a high-rise inferno. Evacuating thousands of victims to safety"; "Whatever your nightmare scenario may be, Life-Pack Technologies (LPT) is dreaming up solutions to help you make sure it has a happy ending.
[link to www.life-pack.com]
Integrated Biopharma "iBioPharma, has developed a novel, proprietary platform technology for the rapid, efficient and economical manufacture of biopharmaceuticals, including vaccine antigens, antibodies and other therapeutic proteins. iBioPharma has established an exclusive commercial relationship with the Fraunhofer USA Center for Molecular Biotechnology and the lead product candidates from the joint program include influenza vaccines and an antiviral therapeutic for treatment of influenza."
[link to www.marketwatch.com] |
| Anonymous Coward
User ID: 498616
9/18/2008 8:17 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
This is probably the first time I/we have witnessed a true prediction come true AND IT IS GETTING NO RESPECT!!
I don't understand the mods on this one at all.
PIN PLEASE SO THE GLP COMMUNITY CAN GET INVOLVED!! Quoting: Anonymous Coward 340322
Because it seems like propaganda. First of all, the market didn't crash which is what he predicted.
Secondly, the reason the market went down was because of the subprime mortgage crisis. There's simply no proof that it was because of some Catholic organization he picked at random.
He clearly has no knowledge of economics. He mentions smalltime dealings in millions of dollars. Sure, a million seems like a lot, but we're talking about a trillion dollar economy. The numbers this doofus presents are absolutely miniscule to have even a remote effect on the economy.
The reason we're seeing this economic downturn is because lending companies made thousands of bad loans to people that couldn't repay those loans. Those same lending companies sold and packaged those bad loans over time until they were spread out all over the world.
When they inevitably defaulted, banks and other financial institutions were left holding the bag. Their "value" was suddenly a lot less than it was before, by millions, if not billions of dollars.
This wreaked havoc on the financial markets as shareholders sold their stocks that had deteriorated in value, and the companies began to tank as stockholders went on a selling panic.
So what caused the bankruptcy and forced shotgun marriages of these companies was these factors:
1) The devaluing of these companies assets as millions of people defaulted on bad loans.
2) The assets of the above companies as shareholders realized the downgrading of value and sold all their stocks.
Summary : Companies were left with a highly deteriorated portfolio, compounded by depreciated capital due to a massive loss of shareholders.
Final Summary : Most financial institutions respond to crisis like these by acquiring liquidity through loans.
However, as a further result of the above two points, credit has been tightened, which adds a further compounding point upon which these companies now face the noose.
Now only has their portfolio depreciated in value significantly due to massive mortgage defaults, their available capital been gobbled up by panicked stockholders, but now they have no backup capital.
It's no wonder these companies are going into bankruptcy.
This fool Reinhardt's "theory" only works on those with no knowledge of the economy. To those who are wetting themselves in excitement of this "reinhardt", I would advise cracking open an economics book and actually understanding the logistics of it. |
| Anonymous Coward
User ID: 505791
9/18/2008 8:22 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
This is probably the first time I/we have witnessed a true prediction come true AND IT IS GETTING NO RESPECT!!
I don't understand the mods on this one at all.
PIN PLEASE SO THE GLP COMMUNITY CAN GET INVOLVED!!
Because it seems like propaganda. First of all, the market didn't crash which is what he predicted.
Secondly, the reason the market went down was because of the subprime mortgage crisis. There's simply no proof that it was because of some Catholic organization he picked at random.
He clearly has no knowledge of economics. He mentions smalltime dealings in millions of dollars. Sure, a million seems like a lot, but we're talking about a trillion dollar economy. The numbers this doofus presents are absolutely miniscule to have even a remote effect on the economy.
The reason we're seeing this economic downturn is because lending companies made thousands of bad loans to people that couldn't repay those loans. Those same lending companies sold and packaged those bad loans over time until they were spread out all over the world.
When they inevitably defaulted, banks and other financial institutions were left holding the bag. Their "value" was suddenly a lot less than it was before, by millions, if not billions of dollars.
This wreaked havoc on the financial markets as shareholders sold their stocks that had deteriorated in value, and the companies began to tank as stockholders went on a selling panic.
So what caused the bankruptcy and forced shotgun marriages of these companies was these factors:
1) The devaluing of these companies assets as millions of people defaulted on bad loans.
2) The assets of the above companies as shareholders realized the downgrading of value and sold all their stocks.
Summary : Companies were left with a highly deteriorated portfolio, compounded by depreciated capital due to a massive loss of shareholders.
Final Summary : Most financial institutions respond to crisis like these by acquiring liquidity through loans.
However, as a further result of the above two points, credit has been tightened, which adds a further compounding point upon which these companies now face the noose.
Now only has their portfolio depreciated in value significantly due to massive mortgage defaults, their available capital been gobbled up by panicked stockholders, but now they have no backup capital.
It's no wonder these companies are going into bankruptcy.
This fool Reinhardt's "theory" only works on those with no knowledge of the economy. To those who are wetting themselves in excitement of this "reinhardt", I would advise cracking open an economics book and actually understanding the logistics of it. Quoting: Anonymous Coward 498616
Hmmmm...sounds remotely familiar, but with more jargon...oh yeah!
September 1929
"There is no cause to worry. The high tide of prosperity will continue." — Andrew W. Mellon, Secretary of the Treasury.
October 14, 1929
"Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review of industrial and credit conditions issued earlier in the day by the Federal Reserve Board." — New York Times
December 5, 1929
"The Government's business is in sound condition." — Andrew W. Mellon, Secretary of the Treasury
December 28, 1929
"Maintenance of a general high level of business in the United States during December was reviewed today by Robert P. Lamont, Secretary of Commerce, as an indication that American industry had reached a point where a break in New York stock prices does not necessarily mean a national depression." — Associated Press dispatch.
January 13, 1930
"Reports to the Department of Commerce indicate that business is in a satisfactory condition, Secretary Lamont said today." - News item.
January 21, 1930
"Definite signs that business and industry have turned the corner from the temporary period of emergency that followed deflation of the speculative market were seen today by President Hoover. The President said the reports to the Cabinet showed the tide of employment had changed in the right direction." - News dispatch from Washington.
January 24, 1930
"Trade recovery now complete President told. Business survey conference reports industry has progressed by own power. No Stimulants Needed! Progress in all lines by the early spring forecast." - New York Herald Tribune.
March 8, 1930
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days." - Washington Dispatch.
May 1, 1930
"While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity." - President Hoover
June 29, 1930
"The worst is over without a doubt." - James J. Davis, Secretary of Labor.
August 29, 1930
"American labor may now look to the future with confidence." - James J. Davis, Secretary of Labor.
September 12, 1930
"We have hit bottom and are on the upswing." - James J. Davis, Secretary of Labor.
October 16, 1930
"Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment." - Charles M. Schwab.
November 1930
"I see no reason why 1931 should not be an extremely good year." - Alfred P. Sloan, Jr., General Motors Co.
January 20, 1931
"The country is not in good condition." - Calvin Coolidge.
June 9, 1931
"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce. |
| Anonymous Coward
User ID: 505791
9/18/2008 8:29 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
And to clarify, Reinhardt said the "Crash is in September," and that the negative news that would bring it down would begin on September 15th.
He didn't say it would CRASH on the 15th, but that the shit happening on the 15th would assist in the collapse which would occur by the end of September, which isn't over yet!!!! |
| Anonymous Coward
User ID: 474539
9/18/2008 9:52 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
WHATS BEHIND A NAME
The Group's Name: Legatus
Its Mission: " To study, live and spread the Faith in our business, professional and personal lives."
What is it?: Legatus—Latin for "ambassador" (and the term for a general in the Roman army)—is a worldwide networking group "designed exclusively for top-ranking Catholic business leaders." Its main stated duty is to bring such leaders together for closed monthly networking meetings. The group calls itself "the conduit connecting two powerful realities, the challenge of top-tier business leadership and a religious tradition second to none."
A legatus (often anglicized as legate) was a general in the Roman army, equivalent to a modern general officer. Being of senatorial rank, his immediate superior was the dux, and he outranked all military tribunes. In order to command an army independently of the dux or provincial governor, legates were required to be of praetorian rank or higher; a legate could be invested with propraetorian imperium (legatus propraetore) in his own right. Legates received large shares of the army's booty at the end of a campaign, which made the position a lucrative one, so it could often attract even distinguished consulars (e.g., the consular Lucius Julius Caesar volunteered late in the Gallic War as a legate under his first cousin once removed, Julius Caesar).
The men who filled the office of Legate were drawn from among the senatorial class of Rome. There were two main positions; the legatus legionis was an ex-praetor given command of one of Rome's elite legions[1], while the legatus propraetor was an ex-consul, who was given the governorship of a Roman province with the magisterial powers of a praetor, which in some cases gave him command of four or more legions.
This rank was also the overall Legionary commander. This post was generally appointed by the emperor. The person chosen for this rank was a former Tribune and held command for 3 or 4 years, although he could serve for a much longer period. In a province with only one legion, the Legatus was also the provincial governor, but in provinces with multiple legions, each legion had a Legatus and the provincial governor (who was separate from the legions) had overall command of them all. |
| Anonymous Coward
User ID: 476168
9/18/2008 10:14 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
HOLY CRAP!!!
It's the JESUITS after all. |
| bump for truth
User ID: 473281
9/18/2008 10:38 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
|
| Anonymous Coward
User ID: 476168
9/18/2008 10:40 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Why is this not getting PINNED? |
| pin pin pinnnn it baby!
User ID: 473281
9/18/2008 10:46 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
hahahaha What a feakin hypocrisy this site is if this doesn't get a pin. GLP burying the truth?? Say it ain't so lil joe!
[link to www.badeagle.com] |
| Anonymous Coward
User ID: 505791
9/18/2008 10:48 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Another call for PIN!!!! |
| Anonymous Coward
User ID: 506226
9/18/2008 11:22 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
|
| daughter
User ID: 408973
9/18/2008 11:33 PM
 | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Sounds a lot like what is talked about in the book of Daniel.
I think it is in the last few chapters.
This seems to be very good research. |
| Anonymous Coward
User ID: 405737
9/18/2008 11:37 PM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
yup yup yup
this makes sense |
| Anonymous Coward
User ID: 385176
9/19/2008 2:31 AM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
Check out this trail........
Legatus >
Advisor Anthony J. Bevilacqua >
Archbishop Roman Catholic Archdiocese of Philadelphia >
Lobby Firm Stradley Ronon Stevens & Young >
Life-Pack Technologies >
Integrated Biopharma >
E.I. Du Pont de Nemours and Company
[ link to www.muckety.com]
Life-Pack Technologies "We Create Dream Solutions for Nightmare Scenarios"; "Escaping from inescapable horrors. Staging and fighting a high-rise inferno. Evacuating thousands of victims to safety"; "Whatever your nightmare scenario may be, Life-Pack Technologies (LPT) is dreaming up solutions to help you make sure it has a happy ending.
[ link to www.life-pack.com]
Integrated Biopharma "iBioPharma, has developed a novel, proprietary platform technology for the rapid, efficient and economical manufacture of biopharmaceuticals, including vaccine antigens, antibodies and other therapeutic proteins. iBioPharma has established an exclusive commercial relationship with the Fraunhofer USA Center for Molecular Biotechnology and the lead product candidates from the joint program include influenza vaccines and an antiviral therapeutic for treatment of influenza."
[ link to www.marketwatch.com]
holy shit (no pun intended) |
| Anonymous Coward
User ID: 385176
9/19/2008 2:41 AM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
This is probably the first time I/we have witnessed a true prediction come true AND IT IS GETTING NO RESPECT!!
I don't understand the mods on this one at all.
PIN PLEASE SO THE GLP COMMUNITY CAN GET INVOLVED!!
Because it seems like propaganda. First of all, the market didn't crash which is what he predicted.
Secondly, the reason the market went down was because of the subprime mortgage crisis. There's simply no proof that it was because of some Catholic organization he picked at random.
He clearly has no knowledge of economics. He mentions smalltime dealings in millions of dollars. Sure, a million seems like a lot, but we're talking about a trillion dollar economy. The numbers this doofus presents are absolutely miniscule to have even a remote effect on the economy.
The reason we're seeing this economic downturn is because lending companies made thousands of bad loans to people that couldn't repay those loans. Those same lending companies sold and packaged those bad loans over time until they were spread out all over the world.
When they inevitably defaulted, banks and other financial institutions were left holding the bag. Their "value" was suddenly a lot less than it was before, by millions, if not billions of dollars.
This wreaked havoc on the financial markets as shareholders sold their stocks that had deteriorated in value, and the companies began to tank as stockholders went on a selling panic.
So what caused the bankruptcy and forced shotgun marriages of these companies was these factors:
1) The devaluing of these companies assets as millions of people defaulted on bad loans.
2) The assets of the above companies as shareholders realized the downgrading of value and sold all their stocks.
Summary : Companies were left with a highly deteriorated portfolio, compounded by depreciated capital due to a massive loss of shareholders.
Final Summary : Most financial institutions respond to crisis like these by acquiring liquidity through loans.
However, as a further result of the above two points, credit has been tightened, which adds a further compounding point upon which these companies now face the noose.
Now only has their portfolio depreciated in value significantly due to massive mortgage defaults, their available capital been gobbled up by panicked stockholders, but now they have no backup capital.
It's no wonder these companies are going into bankruptcy.
This fool Reinhardt's "theory" only works on those with no knowledge of the economy. To those who are wetting themselves in excitement of this "reinhardt", I would advise cracking open an economics book and actually understanding the logistics of it. Quoting: Anonymous Coward 498616
lol, where did YOU come from? hmmm.
reinhardt predicted a September crash. Semetember is not over. Regarding the 15th, he stated:
and the negative news that will move the market downward should occur Sept 15
Gosh, where have I heard your defaulting homeowners BS before? Good deflection.
And, he was NOT talking about millions of dollars. He was talking and absolute transfer of wealth out of the US economy, into private and RCC hands.
Fuck off with your shilling. You're out of your league, here. |
| Anonymous Coward
User ID: 385176
9/19/2008 2:49 AM | | Re: Man calls todays stock market crash to the date, on a message board? must read. | Quote |
A legatus (often anglicized as legate) was a general in the Roman army, equivalent to a modern general officer. Being of senatorial rank, his immediate superior was the dux, and he outranked all military tribunes. In order to command an army independently of the dux or provincial governor, legates were required to be of praetorian rank or higher; a legate could be invested with propraetorian imperium (legatus propraetore) in his own right. Legates received large shares of the army's booty at the end of a campaign, which made the position a lucrative one, so it could often attract even distinguished consulars (e.g., the consular Lucius Julius Caesar volunteered late in the Gallic War as a legate under his first cousin once removed, Julius Caesar). Quoting: Anonymous Coward 474539
Very interesting. Language means everything.
Who is it in the RCC that is called "the church militant"? Jesuits? |
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