View Full Version : Zombie Banks. (wru Ash Williams?)
Lleauric
02-21-2009, 02:33 PM
So. What should be done?
Citibank and Bank of America are basically dead. They cannot get better on their own.
Do we government takeover and reanimate? (new CEO Abby Normal??)
http://lordwhatsmymotivation.files.wordpress.com/2008/09/young-frankenstein.jpg
Or do we deal with zombies like a George Romero film and kill it before it spreads.
http://www.geekologie.com/2007/10/26/zombie-kit.jpg
God, I love the news lately.
buyza55
02-21-2009, 02:40 PM
Hi, L2! I missed you so much!
Let's kill them.
Osgiliath666
02-21-2009, 04:31 PM
Let them die...
velvetsilence
02-21-2009, 05:05 PM
what Os said.
Lleauric
02-21-2009, 05:26 PM
Are you sure you know what letting them die entails?
Osgiliath666
02-21-2009, 05:54 PM
Well goooollly Sarg nope sure reckon I don't...*sigh*
Look there is no way to fend off the inevitable.. This wonton printing of money as a band-aid is not going to work. Just let the market work and correct it's self. The depression in 1920 didn't last near as long as the 1932 crash.. Why? IMO it's because the gov't let the market do it's job and correct it's self. The New Deal greatly prolonged the depression. Let these markets do there work.. Let the auto makers fail. They will ge the hint and do what it needs to compete in a global market.. The unions must be dissolved for any meaningful automotive recovery. When the credit card debt shoe drops no amount of bail out is going to work. Keynesian economics is not going to work this time. Now let me get off this soap box so I can really get some good trolling in on Jedd and Rover.
Wiggo da troll
02-21-2009, 06:17 PM
well goooollly sarg nope sure reckon i don't...*sigh*
look there is no way to fend off the inevitable.. This wonton printing of money as a band-aid is not going to work. Just let the market work and correct it's self. The depression in 1920 didn't last near as long as the 1932 crash.. Why? Imo it's because the gov't let the market do it's job and correct it's self. the new deal greatly prolonged the depression. let these markets do there work.. Let the auto makers fail. They will ge the hint and do what it needs to compete in a global market.. The unions must be dissolved for any meaningful automotive recovery. When the credit card debt shoe drops no amount of bail out is going to work. Keynesian economics is not going to work this time. Now let me get off this soap box so i can really get some good trolling in on jedd and rover.
haha
Rover
02-21-2009, 06:32 PM
Well goooollly Sarg nope sure reckon I don't...*sigh*
Look there is no way to fend off the inevitable.. This wonton printing of money as a band-aid is not going to work. Just let the market work and correct it's self. The depression in 1920 didn't last near as long as the 1932 crash.. Why? IMO it's because the gov't let the market do it's job and correct it's self. The New Deal greatly prolonged the depression. Let these markets do there work.. Let the auto makers fail. They will ge the hint and do what it needs to compete in a global market.. The unions must be dissolved for any meaningful automotive recovery. When the credit card debt shoe drops no amount of bail out is going to work. Keynesian economics is not going to work this time. Now let me get off this soap box so I can really get some good trolling in on Jedd and Rover.
I see you watched Ron Paul last night. Would be nice if you actually knew what you were talking about...like define Keynesian economics without looking it up on Google...you can't because you are clueless.
Lleauric
02-21-2009, 08:08 PM
The New Deal greatly prolonged the depression.
Outside of think tank morons and Amity Shales this has been throughly debunked, notwithstanding Rupert Murdoch owned media. The data used by both Shales (counting people working for WPA as unemployed) and the two USC Professors she based the rest of work on (compared New Deal to hypothetical model rather than anything that has ever actually happened to show deficencies)
But before I go into all of that and waste time I could be doing something else, anything else... Are you even going to read it? Would I be posting a mountain of evidence and detail and you would choose just ignore it all and believe what you would rather believe than what the facts dictate. I have a friend who teaches American History at Yale and I WILL call him, make sure my kung fu is tight and drop an atom bomb of knowledge on your ignorant ass.
NM. I know the answer before I even asked it.
Nekko1
02-21-2009, 08:11 PM
makes the end of Fight Club seem like a really great idea.
Osgiliath666
02-21-2009, 08:25 PM
I see you watched Ron Paul last night. Would be nice if you actually knew what you were talking about...like define Keynesian economics without looking it up on Google...you can't because you are clueless.
No of course not.. I'm a typical Repuke in your eyes... So what would it matter if I could define write you a lengthy discussion regarding Keynesian Economics Vs The Monetarist type criticisms from friedman..which I can do on a decent level, but what would it matter. You don't agree with me on anything anyways... You and I are 180 degrees opposite on everything.
Sanchek
02-21-2009, 08:30 PM
If they nationalize the banks, just go ahead and forget about the dollar. It's already in trouble as is, when all's said and done with this spending bill.
Rover
02-21-2009, 09:10 PM
No of course not.. I'm a typical Repuke in your eyes... So what would it matter if I could define write you a lengthy discussion regarding Keynesian Economics Vs The Monetarist type criticisms from friedman..which I can do on a decent level, but what would it matter. You don't agree with me on anything anyways... You and I are 180 degrees opposite on everything.
No actually that is not true, I am in agreement with Ron Paul, I thought he gave an excellent interview last night in fact I agree with most of what he says except complete deregulation or his new deal theory. What I am not in agreement of is bailing out wall street and not bailing out the average American. As far as Friedman goes the guy is almost a fucking billionaire that came back from India and said how great a country it was as a model...the country is a shithole with some of the poorest people on earth and a level of violence seen only on Iwo Jima in 1945.
What I realize is that this bailout is happening...like it or not and it started long before Obama was elected. I think that at this time in our country people need to come together and work to make this happen.
What I don't agree with you on is that you advocate starting wars with countries like Iran, Iraq and think sending more troops to kill the Taliban is the answer...if so then go and fight...but you won't because when it comes down to it you are a big chickenhawk pussy...that's is where I disagree with you.
Rover
02-21-2009, 09:18 PM
No need to nationalize this bank: Bank Of America CEO Lewis: We Can "Make It Through This Downturn On Our Own"
Cool...I guess we get the 45 billion back that he asked for...
Lleauric
02-21-2009, 09:28 PM
Dollar will be fine.
Every other currency in the world is in the shitter as well.
Osgiliath666
02-21-2009, 09:30 PM
What I don't agree with you on is that you advocate starting wars with countries like Iran, Iraq and think sending more troops to kill the Taliban is the answer...if so then go and fight...but you won't because when it comes down to it you are a big chickenhawk pussy...that's is where I disagree with you.
Where the hell did that come from in this conversation.... Focus Rover. Balance your hatred of me with good thoughts... I love you man!
buyza55
02-21-2009, 09:30 PM
Like we spoke about before. Let the banks fall. New banks will emerge that are run more efficiently. As long as the government is guaranteeing the money, and these banks have assets to sell off it will be fine. You will even fine people to buy the toxic assets. They won't pay that much, but I read about an investment firm trying to start some sort of ETF to buy distressed assets.
Like Sanchek was saying, if you nationalize the banks and wipe out shareholders and print mass amounts of money, you can forget our dollar. However I don't think it will be the only currency to fall. Europe and parts of asia seem to be in far worse shape than the US. As is south america, and of course mexico (who could collapse any day it seems).
I think commodities will be king.
Ironically enough, I turned on my tv as typing this, and Glenn Beck was on with a show about doomsday scenarios. They have a warning before the show saying "These are just hypotheticals of worst case scenarios, these panelists don't actually think it will happen, but just are talking about possibilities, viewer beware" Or something to that sort. It actually is scary to listen too. Until you realize most of it won't ever happen, lol.
buyza55
02-21-2009, 09:32 PM
Dollar will be fine.
Every other currency in the world is in the shitter as well.
I was having such a blast watching the Euro crumble these last view months. All these retards I do business with were talking about not accepting dollars anymore because it could be worthless in a matter of "DAYS" yah...days...
I even had to convince my girlfriend and other friends not to buy euros at $1.70. They seriously thought Europe was going to emerge unscathed and the US was the only country in trouble. Until I explained that the US spread toxic debt around like candy, and these own countries got in over their heads with local spending.
Osgiliath666
02-21-2009, 09:37 PM
I read this guys BLogs and Comments quite a bit...
Mish Shedlock
http://globaleconomicanalysis.blogspot.com/
Rover
02-22-2009, 12:07 AM
Glen Beck...lol...why do all the dope addicts and alcoholics and child sex addicts become right wing TV or radio hosts?
Osgiliath666
02-22-2009, 12:24 AM
We know how to have a good time?
All you get a America hating drunk sluts like Randi Rhodes.....
buyza55
02-22-2009, 01:03 AM
Glen Beck...lol...why do all the dope addicts and alcoholics and child sex addicts become right wing TV or radio hosts?
Thankfully liberals are just thieves like bernie madoff and george soros :D
Both sides of the spectrum have their black sheep, hardly fair to stereotype. Though I don't expect better from you, Rover :p
Chanur
02-22-2009, 01:41 AM
No need to nationalize this bank: Bank Of America CEO Lewis: We Can "Make It Through This Downturn On Our Own"
Cool...I guess we get the 45 billion back that he asked for...
Guess they should not have been snatching up those other banks eh.
Haloface
02-22-2009, 06:13 AM
'I was having such a blast watching the Euro crumble these last view months'
- I would hardly say the Euro has crumbled. Now the pound sterling - that has gone tits up.
buyza55
02-22-2009, 07:08 AM
I think the euro went down about 25% and the pound only 30%. +/- a % or two. So not massive differences. Either way, they both got slaughtered pretty well from august to november.
Haloface
02-22-2009, 08:33 AM
A drop of 25% is consistent with global downturns - hardly a collapse of the currency you indicated.
Rover
02-22-2009, 09:38 AM
Don't you know Buyza knows everything? I mean give the kid credit Halo, he's an expert. He made money selling EQ toons and then he placed all his money in an artificially inflated stock market and is amazed and tells us so how he made money at a time when retarded people could have made money in the stock market. He should have listened to Howard sterns retard stock picks about 2 years ago when they showed that Gary the Retard was able to actually make more money than professionals in the market.
He's a nothing and never will be...he's a pretentious socially inept moron.
Sanchek
02-22-2009, 01:10 PM
Most of this talk about currencies is pointless. Dangerously misleading even.
People are comparing several currencies which are not pegged to any sound baseline. The turmoil in the markets/economies also has commodities fluctuating too much to be used as a barometer of a currency's value.
Same with stamps. Stamps should be more expensive than they are, but the USPS can't accurately price them while competing with free alternatives. Especially not right now.
Some see the dollar strengthening. More likely, it's just falling a little slower than others right now, due to a short-term flight to safety worldwide. That does not make it strong though. If it's inflated as much as it looks like, our dollars will still devalue in terms of real goods as the market sorts itself out.
Sanchek
02-22-2009, 01:26 PM
As far as the New Deal causing the Great Depression, that's misleading. It may well have made it worse though.
You can't fool the market. It must reach bottom before it can truly recover. Futilely fighting against that only prolongs the eventual recovery.
The economic and psychological effects of a serious downturn are severely compounded over time. Several years of pretty bad are much worse than a couple years of very bad.
That said, 2009 and 1929 are absolutely, completely different animals. It is nonsensical to compare them apples to apples. We should have learned from history and not repealed Glass-Steagall, but if we try to drive our way out of this depression by looking in the rear-view mirror, we're in for a crash.
Osgiliath666
02-22-2009, 02:39 PM
Don't you know Buyza knows everything? I mean give the kid credit Halo, he's an expert. He made money selling EQ toons and then he placed all his money in an artificially inflated stock market and is amazed and tells us so how he made money at a time when retarded people could have made money in the stock market. He should have listened to Howard sterns retard stock picks about 2 years ago when they showed that Gary the Retard was able to actually make more money than professionals in the market.
He's a nothing and never will be...he's a pretentious socially inept moron.
Are you staring into the mirror again and thinking it's your computer screen there Rover? You are not better then Elren.... OH that's right I forgot Libtards have a certain elitism about them...
Rover
02-22-2009, 02:45 PM
Are you staring into the mirror again and thinking it's your computer screen there Rover? You are not better then Elren.... OH that's right I forgot Libtards have a certain elitism about them...
Shouldn't you be off misinterpreting the constitution or advocating a Boston Tea party against the middle class? Maybe you could try and find a war you can cheer on that you lack the balls to fight...I know...I know, when you make your rounds securing the construction site you can practice jerking off for when you get home to your dog.
buyza55
02-22-2009, 03:13 PM
A drop of 25% is consistent with global downturns - hardly a collapse of the currency you indicated.
I never said a "collapse" I said slaughtered or crumbled. Collapse would be iceland.
You said that the pound went tits up and the euro not so much, when it was a 4-7% difference or so.
25% is not necessarily "consistent" with global downturns. It depends on the currency and what you are comparing it against.
Don't you know Buyza knows everything? I mean give the kid credit Halo, he's an expert. He made money selling EQ toons and then he placed all his money in an artificially inflated stock market and is amazed and tells us so how he made money at a time when retarded people could have made money in the stock market. He should have listened to Howard sterns retard stock picks about 2 years ago when they showed that Gary the Retard was able to actually make more money than professionals in the market.
He's a nothing and never will be...he's a pretentious socially inept moron.
I do know everything I agree. I guess I am just not a "shill" For instance, I know that I am smart enough not to raise a kid that wasn't even fathered by me :( I also know I am not smart enough to get swindled by a lender when signing mortgage papers because I was too stupid to leave any buffer room in between my housing.
I never said I was amazed at the fact I made money in the stock market. In fact I do not even recall boasting about how I did so. I did pretty well the last 6 years, I averaged 14% or so annually. Though I know enough to know it is easy to make money in a bull market, just as it is easy to lose money in a bear market.
I still think you are just bitter and jealous haha. It's ok though, I love it :)
buyza55
02-22-2009, 03:16 PM
Shouldn't you be off misinterpreting the constitution or advocating a Boston Tea party against the middle class? Maybe you could try and find a war you can cheer on that you lack the balls to fight...I know...I know, when you make your rounds securing the construction site you can practice jerking off for when you get home to your dog.
Do dems have a lockdown on the exact definition of the constitution or something? I don't recall.
I still love how you think your views are 100% accurate and shutter at the idea of different ideas haha.
You will always be my favorite ideologue. :D
buyza55
02-22-2009, 03:24 PM
Most of this talk about currencies is pointless. Dangerously misleading even.
People are comparing several currencies which are not pegged to any sound baseline. The turmoil in the markets/economies also has commodities fluctuating too much to be used as a barometer of a currency's value.
Same with stamps. Stamps should be more expensive than they are, but the USPS can't accurately price them while competing with free alternatives. Especially not right now.
Some see the dollar strengthening. More likely, it's just falling a little slower than others right now, due to a short-term flight to safety worldwide. That does not make it strong though. If it's inflated as much as it looks like, our dollars will still devalue in terms of real goods as the market sorts itself out.
Well the currency is in a sense pegged to the country or countries which represent it (social and economic stability). Not pegged to a T, but it is the standard baseline. Iceland kind of shows that.
Commodities can't be used as a peg in any massive upturn or downturn, I agree.
The dollar isn't really strengthening is my opinion, it was just oversold and the euro and pound have come back to reality. For some reason everyone seem to think this was a US recession and not a global recession. Since the US has the most overall stability, there is a flight to quality. Why would you ever want to hold the mexican peso in a downturn? lol.
I think you are wrong though if you think the dollar will devalue for the near term. I think we will have some pretty wicked inflation down the road, but I can't imagine that happening until we get out of this deep rut. I think that is why gold is having a nice run up, and oil is not. Most people buy gold for and inflation hedge, but oil can't go up without the demands from the US and EM.
Rover
02-22-2009, 03:29 PM
Heres what I know about you:
I know that you sold hundreds of EQ toons and made money. I know that by doing that you broke not only civil laws concerning licensing and copyright but probably criminal statutes also. I know that as much as you like to brag about your prowess you did it no more legally than a crack dealer. I know that you will say that everyone that sold you a toon was in violation of that licensing agreement and they each might have 1(one) actionable case against them. You have hundreds.
I am willing to bet that you also violated tax code many times and are at a high risk of a federal case against you by the IRS. Before you shoot your dumb fucking mouth off and start screaming that you paid tax on every transaction be wise enough to know in that case you just left a big fucking paper trail for any action in a case against you in your copyright and licensing violation case.
So before your big mouthed pretentious pea brained stunningly superficial knowledge of business gets you in more trouble than you are about to find yourself in...know this...READ THE FUCKING LICENSE you asshole.
buyza55
02-22-2009, 03:41 PM
Did you just compare crack dealing to EQ dealing? lol.
Not really sure the last time I saw a person prosecuted for selling an EQ account. I will have to research IGE though and ******. They must have been taken to the cleaners by sony and blizzard.
I did pay taxes, you are right. Are you suggesting I shouldn't have paid taxes? I should fear sony more than the IRS? Hell sony even got on the bandwagon, they sell now too haha.
Quit being so bitter, baby. I still love you. :D
No seriously, get some lipitor. If your posts are any indication of your blood pressure, your ass is totally going to have a heart attack soon.
Rover
02-22-2009, 03:58 PM
What I said oh clueless one...you made your money illegally...I don't care what IGE does this is about you. Illegal is illegal...you broke laws to make your money. That speaks volumes of your personal character.
You broke laws to make your money, that makes you a criminal and you aren't even fucking smart enough to keep your mouth shut about it. People like you ALWAYS take that one step beyond, I am certain that one day your name will be up there associated with other infamous characterless individuals like Madoff and Stanford.
buyza55
02-22-2009, 04:08 PM
What I said oh clueless one...you made your money illegally...I don't care what IGE does this is about you. Illegal is illegal...you broke laws to make your money. That speaks volumes of your personal character.
You broke laws to make your money, that makes you a criminal and you aren't even fucking smart enough to keep your mouth shut about it. People like you ALWAYS take that one step beyond, I am certain that one day your name will be up there associated with other infamous characterless individuals like Madoff and Stanford.
Have you ever sped? I'm sure you have. Which like murder is against the law! And speaks volumes about your character in your disregard for the law!!!
Don't worry, I wont ever be like Madoff or Stanford. I am not a democrat like them :)
Sanchek
02-22-2009, 04:08 PM
Broke laws? That's exaggerating a bit, isn't it?
Rover
02-22-2009, 04:40 PM
This guy is like some haji doing circle talk.
Broke laws? That's exaggerating a bit, isn't it?
No, what he did is clearly defined as fraud and theft and the fact that he did it on the Internet also makes it wire fraud which is a federal violation and he did it across state lines which probably brings RICO into play.
This punk is a common criminal who can't make one fucking dollar legitimately.
That also means that anyone selling him a toon on EQ or WoW or others is chargeable as an accessory. So my best advice is sell this guy nothing and buy nothing from him.
Osgiliath666
02-22-2009, 06:49 PM
Shouldn't you be off misinterpreting the constitution or advocating a Boston Tea party against the middle class? Maybe you could try and find a war you can cheer on that you lack the balls to fight...I know...I know, when you make your rounds securing the construction site you can practice jerking off for when you get home to your dog.
You know what bothers me about you.. While BUyza has some ideas you or many don't agree with he didn't attack you.. while you spew forth your venomous hatred that is indicative of most leftist. I am sad for you. You even do it to me and I never call you names.. You are a sad lonely person Rover. You used to argue your point with some eloquence.. now your just like Elren.
buyza55
02-22-2009, 07:08 PM
This guy is like some haji doing circle talk.
No, what he did is clearly defined as fraud and theft and the fact that he did it on the Internet also makes it wire fraud which is a federal violation and he did it across state lines which probably brings RICO into play.
This punk is a common criminal who can't make one fucking dollar legitimately.
That also means that anyone selling him a toon on EQ or WoW or others is chargeable as an accessory. So my best advice is sell this guy nothing and buy nothing from him.
RICO? For fun I showed my cousin (who is one of our local DAs) your post and we had a pretty good laugh about it.
She wanted me to ask which law school you went too :D
Rover
02-22-2009, 07:20 PM
Actually for quite a few years I was an investigator in a prosecutors office in Northern New Jersey. So yeah, fraud done by wire or across state lines makes it a case that charges can be brought under RICO. No law school needed!
Sanchek
02-22-2009, 07:24 PM
No, what he did is clearly defined as fraud and theft and the fact that he did it on the Internet also makes it wire fraud which is a federal violation and he did it across state lines which probably brings RICO into play.
This punk is a common criminal who can't make one fucking dollar legitimately.
That also means that anyone selling him a toon on EQ or WoW or others is chargeable as an accessory. So my best advice is sell this guy nothing and buy nothing from him.
There's a clause in the Ayonae acceptable use policy (which you agreed to like a EULA to register) about obscenity. Does that mean you're breaking the law above?
buyza55
02-22-2009, 07:32 PM
Actually for quite a few years I was an investigator in a prosecutors office in Northern New Jersey. So yeah, fraud done by wire or across state lines makes it a case that charges can be brought under RICO. No law school needed!
Yes working as an INVESTIGATOR definitely gives you the same knowledge as law school.
I am very open minded, please show me the court rulings associated with non-tangible virtual game sales. The ruling should include the sentencing for the violating RICO, wire fraud, and theft. Once I see them, I will gladly agree with you.
Lleauric
02-22-2009, 08:10 PM
It takes a special person to inspire that level of dislike. NodisrespecttellyourmotherIsaidHi.
Anyway.. The problem with our currency is that its based on roughly the same thing as EQ or WoW gold. Nothing. It isnt pegged to anything.
From what I understand, the housing market became the defacto standard to which it was tacked onto.
Housing market overheats and goes boom. Hilarity ensues.
Rover
02-22-2009, 08:24 PM
Yes working as an INVESTIGATOR definitely gives you the same knowledge as law school.
I am very open minded, please show me the court rulings associated with non-tangible virtual game sales. The ruling should include the sentencing for the violating RICO, wire fraud, and theft. Once I see them, I will gladly agree with you.
Working as an investigator gives me something called experience in testifying in cases that were charged under RICO. There doesn't have to be a court ruling in order to bring a case against someone. You are by far the the most clueless moron I have ever seen. You just don't get it.
There's a clause in the Ayonae acceptable use policy (which you agreed to like a EULA to register) about obscenity. Does that mean you're breaking the law above?
Heh...fuck it!
buyza55
02-22-2009, 08:36 PM
Working as an investigator gives me something called experience in testifying in cases that were charged under RICO. There doesn't have to be a court ruling in order to bring a case against someone. You are by far the the most clueless moron I have ever seen. You just don't get it.
Heh...fuck it!
So you admit to grossly speculating without any backing information other than your dumbass assertions?
If I was an office of a guild and forced a female member to cyber with me for loot, would it be sexual harassment in the work place? :D
Once again, my cousin is far more knowledgeable than you.
Rover
02-22-2009, 08:42 PM
No...I admit that you can't earn a dollar legitimately...I could care less what your fantasy cousin said. It doesn't change the facts.
Listen kid, you lack common sense. You have no real smarts. I've seen a few people like you, their called felons.
buyza55
02-22-2009, 08:56 PM
No...I admit that you can't earn a dollar legitimately...I could care less what your fantasy cousin said. It doesn't change the facts.
Listen kid, you lack common sense. You have no real smarts. I've seen a few people like you, their called felons.
What about when I worked as an xray tech for an imaging center? Or buying and selling electronics?
What is a "legitimate" dollar? Because apparently buying/selling is not legitimate, nor working for an imaging center lol.
Please define common sense? I want to know what it is I lack in the common sense department.
Please also define real smarts? Is it book smarts? What GPA do I need? or is it just "street" smarts?
You are such a delusional human being. I question how one becomes so overcome by psychosis.
Rover
02-22-2009, 09:16 PM
Just a clueless moron...that's all you are.
buyza55
02-22-2009, 09:31 PM
Maybe. Still smart enough not to raise a child fathered by another man ;)
Rover
02-22-2009, 09:36 PM
Feel free..read away...it's the precedent you so graciously asked for.
http://docs.justia.com/cases/federal/district-courts/arizona/azdce/2:2006cv02555/322017/82/
In summary
Blizzard alleged that MDY is guilty of contributory and vicarious infringement because it is inducing or encouraging direct infringement of end users. MDY claimed that, if anything, use of its software by end users was a mere breach of contractual covenants of the EULA, not a direct copyright infringement by the user. The court held that (a) the software was licensed not sold, despite being sold over the counter; and (b) violation of conditions in the EULA and accompanying Terms of Use constituted a breach of the scope of the license and hence copyright infringement.
I believe the correct spelling is Felon.
Sanchek
02-22-2009, 09:45 PM
I believe the correct spelling is Felon.
In civil court? Good luck with that...
Rover
02-22-2009, 09:49 PM
In civil court? Good luck with that...
The issue with Buyza contains fraud, as in order to sell those accounts he was in effect saying he owned them. That is fraud, he didn't own them and had no legal right to sell them. He gained a monetary sum, it was done in most cases by "wire" IE paypal or other transfer of funds, in most cases I'm pretty sure it was done across state lines. That makes it both a federal and criminal case. The RICO part is because of the fraud it is clear that fraud commited through an interstate transaction is actionable through RICO.
buyza55
02-22-2009, 09:55 PM
According to what I read MDY sued blizzard. They then lost. This case had ZERO to do with the buying/selling of toons, but software sold by MDY which interfered with Blizzard. A wildly different scenario.
This also was not a CRIMINAL case as Sanchek so eloquently put it.
Still seem delusional to me.
Sanchek
02-22-2009, 09:58 PM
The issue with Buyza contains fraud, as in order to sell those accounts he was in effect saying he owned them. That is fraud, he didn't own them and had no legal right to sell them. He gained a monetary sum, it was done in most cases by "wire" IE paypal or other transfer of funds, in most cases I'm pretty sure it was done across state lines. That makes it both a federal and criminal case. The RICO part is because of the fraud it is clear that fraud commited through an interstate transaction is actionable through RICO.
MDY obviously sold Glider through interstate transactions too. So, if your claims are correct, let's see Michael Donnelly's felony conviction. Or, Yan-tis or IGE.
Not sure why you're so intent on backing yourself into such an absurd corner.
Rover
02-22-2009, 10:24 PM
MDY obviously sold Glider through interstate transactions too. So, if your claims are correct, let's see Michael Donnelly's felony conviction. Or, Yan-tis or IGE.
Not sure why you're so intent on backing yourself into such an absurd corner.
Was Glider a product developed and licensed by Blizzard? I do believe the accounts in game are licensed by Blizzard. MDY lost the case and there is currently another proceeding.
My point in the whole thing is that this moron stated clearly that he reads every contract that he deals with, I pointed out that in hundreds of instances he left himself wide open to legal action against himself not just once but hundreds of times. His problem is he lacks the basic wisdom to see that.
Sanchek
02-22-2009, 10:29 PM
Another civil case proceeding? No amount of that is going to get the guy a felony.
You're trying to argue that Buyza didn't know selling characters was against the rules? I'm pretty sure that was not the case.
This is getting more bizarre with every post... You okay? Why are you posting like Elren all of a sudden?
Rover
02-22-2009, 10:29 PM
Maybe. Still smart enough not to raise a child fathered by another man ;)
That is Elren like....
I'm going to address this once. He is my son, I am his dad. Biology has so little to do with things, but your obvious lack of a caring father shines through here. I can tell you that he grew up to be a much better man at 20 than you will ever be, I guess that goes with a dad who cares.
If you continue to go after my son or any of my children I will ask you one question and that is this: Have you ever had a pissed off Marine on your ass?
Rover
02-22-2009, 10:30 PM
Another civil case proceeding? No amount of that is going to get the guy a felony.
You're trying to argue that Buyza didn't know selling characters was against the rules? I'm pretty sure that was not the case.
This is getting more bizarre with every post... You okay? Why are you posting like Elren all of a sudden?
Read my point...it's about leaving himself wide open.
Osgiliath666
02-22-2009, 10:39 PM
Rover/Elren no difference.. I like already said in my post 2 pages back. I am sad. Rover is lost in the throws of dementia.. Have you been screened for Alzheimer's?
buyza55
02-22-2009, 10:39 PM
That is Elren like....
I'm going to address this once. He is my son, I am his dad. Biology has so little to do with things, but your obvious lack of a caring father shines through here. I can tell you that he grew up to be a much better man at 20 than you will ever be, I guess that goes with a dad who cares.
If you continue to go after my son or any of my children I will ask you one question and that is this: Have you ever had a pissed off Marine on your ass?
My dad is a marine, so yes. He is now a retired doctor, but still.
I did enjoy your reaction though. I guess it's ok for you to criticize people and name call, but when someone gets personal with you then WATCH OUT!
H Y P O C R I T E
As I use to get bored with Elren, I am now bored with you. Shoo fly.
Rover
02-22-2009, 10:42 PM
My dad is a marine, so yes.
Who would think a Marine would fuck up so bad.
Sanchek
02-22-2009, 11:01 PM
Read my point...it's about leaving himself wide open.
For what? You're talking about RICO and felonies while citing a civil case...
Osgiliath666
02-22-2009, 11:14 PM
You really need to calm down Rover...
Rover
02-22-2009, 11:24 PM
I clearly stated in a long past post that he violated civil laws/statutes what I did say that he is PROBABLY also guilty of breaking criminal laws and I spelled out the scenario it could play out in.
He is at the least guilty of copyright infringement and I think all would agree with that. It may be a stretch to prosecute him under RICO but clearly RICO is used more as a threat in cases than as a prosecutorial tool. And copyright infringement has been prosecuted criminally as well in some cases.
What he and obviously you fail to see is that while he shoots his mouth off as being so called expert on everything he clearly doesn't have the basic smarts to realize if you are doing something that so CLEARLY VIOLATES a license or contract it is probably best to keep your mouth shut. So my lesson to him failed...no biggie...that just proves my point as to his basic intelligence. No need for me to post further on this as it seems to have flown over some.
Rover
02-22-2009, 11:35 PM
You really need to calm down Rover...
LOL...you don't know me too well...it takes far more than a message board know it all to get me excited.
Bylimet Spiritwalker
02-23-2009, 12:59 AM
LOL...you don't know me too well...it takes far more than a message board know it all to get me excited.
Might be true, but what folks are saying here I was saying at least a month ago. You have something going on with you that is leaking out here on the boards. I say this because you have become quite aggressive with little or no provocation, and seem much too willing to dump on folks. This has been increasing the last couple months, maybe longer; it is not the manner in which you used to post.
Taleren Bloodsong
02-23-2009, 08:05 AM
...
For instance, I know that I am smart enough not to raise a kid that wasn't even fathered by me :( ...
Get the fuck out of here. That goes way too far. Just go away, you have no place here.
There are insults thrown here. Many of them, but someone losing a spouse and then taking care of her child that wasn't his should be commended.
You are a little man to even have to throw that bullshit into the ring.
Haloface
02-23-2009, 08:19 AM
'You are a little man'
- You just figured that out? :P
Rover
02-23-2009, 08:31 AM
As much as the know it alls want to think I'm talking out my ass..
The criminal penalties of 17 U.S.C. § 506(a) for willful infringements undertaken for purposes of commercial advantage or private financial gain
By the way 17 U.S.C. 506 is copyright infringement laws.
He can be criminally prosecuted. But don't forget...he is way to smart to ever do any business deal without making sure he's covered. I'll tell you what...he's a prosecutors dream...he has media circus written all over him.
Call it a personal attack or whatever but this kid is a moron...he makes money by violating copyright laws and then goes on the Internet and brags about it all the while plenty of people know where he lives...now that is a moron. He has an inability to learn even the most rudimentary lesson when it's spelled out right in front of him. Right where I want you...remember the lesson Buyza.
His best answer is to say IGE is guilty? And he talks about taking personal responsibility? This is about him...not about IGE, I could care less about IGE they don't go around shooting their mouths off. He should watch his ass in countries like China or Vietnam, they execute people for doing things like that and being an American might save you from the execution but it won't save you from sitting in some shit filled cell in one of those places.
Osgiliath666
02-23-2009, 08:32 AM
Why don't you address your recent sever bout if irrational anger at things Rover? Many of us have now posted and your extreme outbursts.
Sanchek
02-23-2009, 08:38 AM
No need for me to post further on this as it seems to have flown over some.
Just stick with that. This thread was actually about something interesting before you started playing DA.
Rover
02-23-2009, 08:55 AM
Why don't you address your recent sever bout if irrational anger at things Rover? Many of us have now posted and your extreme outbursts.
Here I'll address this. I am shocked how compassionless this country has become. I am amazed at the inability for people much like yourself to pull together at a time when the implications are the same as a loss in WWII is.
Does anyone pay attention? Think about it...if China cuts us off we are done...life as we know it stops and I don't mean buying big screen TV's I mean getting a gallon of milk or a pound of ground beef. It will get that bad.
If you reverse the roles and China were in this position and we were shoveling money into their banks and their banks and CEO's were grabbing huge bonuses and not doing what they were supposed to do, how long do you think we would keep it up? We would have it blasted ALL over the news and cut them off in a second.
But here in America we watch our money being TAKEN by billionaires who simply accumulate the money. We watch these same people literally bitch that their portfolios previously worth 20 billion are now worth 10 billion.
I've seen a level of outrage at the homeowner who is buried in a mortgage and not seen anything close to that level at these wall street firms and they are taking us down the drain...the homeowner is not.
Guess what if we don't take over our banks, which are insolvent...for those who don't know that means they have a negative balance, China is going to cut us off in less time than you think.
I open up and have a very candid conversation on the FACT that these banks and lenders played people and I get some 21 year old kid who made his money illegally dress me down about personal responsibility and LOL...people agree with him? That is fucking retarded.
I must say this...most are pretty decent people here, we had our times in EQ but ultimately stuck together on this Internet community and as Taleran pointed out we trade insults and for the most part things stay cool.
Rover
02-23-2009, 08:57 AM
Just stick with that. This thread was actually about something interesting before you started playing DA.
Fair enough!
Osgiliath666
02-23-2009, 09:02 AM
Here I'll address this. I am shocked how compassionless this country has become. I am amazed at the inability for people much like yourself to pull together at a time when the implications are the same as a loss in WWII is.
Does anyone pay attention? Think about it...if China cuts us off we are done...life as we know it stops and I don't mean buying big screen TV's I mean getting a gallon of milk or a pound of ground beef. It will get that bad.
If you reverse the roles and China were in this position and we were shoveling money into their banks and their banks and CEO's were grabbing huge bonuses and not doing what they were supposed to do, how long do you think we would keep it up? We would have it blasted ALL over the news and cut them off in a second.
But here in America we watch our money being TAKEN by billionaires who simply accumulate the money. We watch these same people literally bitch that their portfolios previously worth 20 billion are now worth 10 billion.
I've seen a level of outrage at the homeowner who is buried in a mortgage and not seen anything close to that level at these wall street firms and they are taking us down the drain...the homeowner is not.
Guess what if we don't take over our banks, which are insolvent...for those who don't know that means they have a negative balance, China is going to cut us off in less time than you think.
I open up and have a very candid conversation on the FACT that these banks and lenders played people and I get some 21 year old kid who made his money illegally dress me down about personal responsibility and LOL...people agree with him? That is fucking retarded.
I must say this...most are pretty decent people here, we had our times in EQ but ultimately stuck together on this Internet community and as Taleran pointed out we trade insults and for the most part things stay cool.
Thank you for opening up to Dr. Osg.. Now take your Depakote and get some sleep.
Rover
02-23-2009, 09:12 AM
thank you for opening up to dr. Osg.. Now take your depakote and get some sleep.
haha!
fildien
02-23-2009, 11:38 AM
You can't fool the market. It must reach bottom before it can truly recover. Futilely fighting against that only prolongs the eventual recovery.
This... why do others not realize this?
I don't think it just prolongs recovery but it als makes it harder to know exaclty how bad things are b/c gov'ts are bandaiding the situation. Most people know that this crisis wasn't an overnight thing (unless you listen to the media)
Fandros
02-23-2009, 11:45 AM
I think if China was to cut us off we'd enact some emergency power act. Don't think for a second China wouldn't reel just as badly as we would from said action.
They've already shut down some 70k plants due to our slumping economy.
fildien
02-23-2009, 11:47 AM
good point.
actually this morning I heard the media baubles rambling about "is China able to pay our debt?" oh no, what if they can't? While it was drummed up to be over the top it is an interesting question. What happens when we our buddies close up shop and take their money elsewhere? How is this going to be paid for?
EDIT:
Also, wow can we do something about this mucked up thread? It was a very interesting topic, I replied to one thing San said and then I continued reading the thread and was like...WTF happened here? :(
Rover
02-23-2009, 11:49 AM
Maybe this is part of the problem...
http://www.huffingtonpost.com/2009/02/23/ap-did-tv-news-miss-point_n_169115.html
Sanchek
02-23-2009, 11:53 AM
Remember, China isn't just handing us this money. They're buying Treasuries which do pay them interest. Basically, we're still the safest investment for their money, not a charity case.
Nydia Ywalmoriel
02-23-2009, 04:30 PM
Here I'll address this. I am shocked how compassionless this country has become. I am amazed at the inability for people much like yourself to pull together at a time when the implications are the same as a loss in WWII is.
...
But here in America we watch our money being TAKEN by billionaires who simply accumulate the money. We watch these same people literally bitch that their portfolios previously worth 20 billion are now worth 10 billion.
I've seen a level of outrage at the homeowner who is buried in a mortgage and not seen anything close to that level at these wall street firms and they are taking us down the drain...the homeowner is not.
All I have to say is preach it, brother. As the saying goes, if you aren't outraged, you haven't been paying attention.
I had a discussion on the topic of our complicity in selling ourselves down the river for the price of the fallacy that we could be one of the 'haves', and that others somehow 'deserved' to be have-nots with a friend a couple of weeks ago and the truly sad thing is, our ultimate destination as a result of the past thirty years of deregulation and unlimited 'free trade' was obvious to anyone with half a brain, including George Bush Sr., over twenty years ago. (thanks Ronnie for that fabulous term, 'the underclass', to describe the first wave 'outsourced' to foreign competition, the mostly minority urban working class - did you know that south LA used to be home to a plethora of manufacturing plants, some of whose skeletons still dot the landscape?)
I understand Rover's outrage because, having come of age in 1981, I feel like I've spent my entire adult life watching a slow motion train wreck, the systematic undermining, selling out and corruption of everything that gave America its promise - and we listened to the Go-Gos, emulated our new robber barons, and watched American Idol, while Rome burned (I've already discussed the regression into childhood of the American people in another thread).
Even as the model is showing its fundamentally rotten core and collapsing, we *still* continue to pour gasoline on the fire (enacting yet more tax cuts, flooring out interest rates, dumping money into the bottomless pits of zombie banks, and aggressively marketing mortgages (although this is hitting the wall of credit tightening)) and have the audacity to blame individuals for their 'failure' instead of looking at the system that drove them to paint themselves into a corner in order to maintain their standard of living (and which was being relentlessly sold to them).
On that topic, as a personal aside, said friend often teases me for 'living like an orphan' - there's not a stick of furniture in my house, not a dish, that was bought new, and I've never owned a new car (and yet still have accrued substantial debt just keeping Philip and I afloat through all our school, job and location changes over the past decade) - but I've been so disgusted, ever since I was a young adult, at the way we were *shoveling* ourselves down that river *on* a river of disposable everything that even at 25 I had made up my mind, not so much consciously, as subconsciously, not to contribute to the pyramid sellout scheme any more than necessary. It may sound cheesy, but if I can't buy something American, EU, Japanese, or (for certain items where the only alternative is China, or in their protected industries, i.e. leather goods) Mexican, I don't buy it. The way I look at it is that the rights, protections, and way of life we save by doing so is our own, and we aren't ultimately doing anyone, not even the Chinese, any favors by buying their slave labor and environmental destruction-subsidized goods.
Rover hit the nail on the head. Once upon a time Americans pulled together and helped each other during times of economic and other crisis and relied upon each other instead of attempting to purchase every single means of support they need in their lives (and too bad for you if you can't). Now, we sit wrapped in our tattered and debased myth of the rugged individual, the social and civic fabric that once held us together long atrophied in favor of reducing everything to a commodity, and wonder how we'll *buy* our lives back...
/delicately wipes foam from mouth)
Regards,
Nydia
Nydia Ywalmoriel
02-23-2009, 04:40 PM
By the way, this is an awesome, and *very* NSFW picture of this year's Queen of Carnival, Viviane Castro, who Saturday night put the issue of 'globalization' front and center much more eloquently than I have, or could:
http://www.nerve.com/CS/blogs/scanner/2009/02/16-22/castro3.jpg
Regards,
Nydia
Osgiliath666
02-23-2009, 05:52 PM
All I have to say is preach it, brother. As the saying goes, if you aren't outraged, you haven't been paying attention.
I had a discussion on the topic of our complicity in selling ourselves down the river for the price of the fallacy that we could be one of the 'haves', and that others somehow 'deserved' to be have-nots with a friend a couple of weeks ago and the truly sad thing is, our ultimate destination as a result of the past thirty years of deregulation and unlimited 'free trade' was obvious to anyone with half a brain, including George Bush Sr., over twenty years ago. (thanks Ronnie for that fabulous term, 'the underclass', to describe the first wave 'outsourced' to foreign competition, the mostly minority urban working class - did you know that south LA used to be home to a plethora of manufacturing plants, some of whose skeletons still dot the landscape?)
I understand Rover's outrage because, having come of age in 1981, I feel like I've spent my entire adult life watching a slow motion train wreck, the systematic undermining, selling out and corruption of everything that gave America its promise - and we listened to the Go-Gos, emulated our new robber barons, and watched American Idol, while Rome burned (I've already discussed the regression into childhood of the American people in another thread).
Even as the model is showing its fundamentally rotten core and collapsing, we *still* continue to pour gasoline on the fire (enacting yet more tax cuts, flooring out interest rates, dumping money into the bottomless pits of zombie banks, and aggressively marketing mortgages (although this is hitting the wall of credit tightening)) and have the audacity to blame individuals for their 'failure' instead of looking at the system that drove them to paint themselves into a corner in order to maintain their standard of living (and which was being relentlessly sold to them).
On that topic, as a personal aside, said friend often teases me for 'living like an orphan' - there's not a stick of furniture in my house, not a dish, that was bought new, and I've never owned a new car (and yet still have accrued substantial debt just keeping Philip and I afloat through all our school, job and location changes over the past decade) - but I've been so disgusted, ever since I was a young adult, at the way we were *shoveling* ourselves down that river *on* a river of disposable everything that even at 25 I had made up my mind, not so much consciously, as subconsciously, not to contribute to the pyramid sellout scheme any more than necessary. It may sound cheesy, but if I can't buy something American, EU, Japanese, or (for certain items where the only alternative is China, or in their protected industries, i.e. leather goods) Mexican, I don't buy it. The way I look at it is that the rights, protections, and way of life we save by doing so is our own, and we aren't ultimately doing anyone, not even the Chinese, any favors by buying their slave labor and environmental destruction-subsidized goods.
Rover hit the nail on the head. Once upon a time Americans pulled together and helped each other during times of economic and other crisis and relied upon each other instead of attempting to purchase every single means of support they need in their lives (and too bad for you if you can't). Now, we sit wrapped in our tattered and debased myth of the rugged individual, the social and civic fabric that once held us together long atrophied in favor of reducing everything to a commodity, and wonder how we'll *buy* our lives back...
/delicately wipes foam from mouth)
Regards,
Nydia
Ny you get a Depakote AND a Lithium pill.... Now sleep.
Rover
02-23-2009, 07:19 PM
There is a theory that the reason there is a bill looking at homeowners bailouts is only because the banks are asking for it. Makes sense as they are the ones who end up with the money anyhow.
I also find it quite odd that so many are screaming about those getting help with their mortgages while Citi and Bank of America, both of the recipients of huge sums of bailout money far exceeding what is set to keep people in their homes, are suddenly coming to the realization that they are going to fail...so what happened to that money? Used in bonuses mostly I guess.
Sanchek
02-23-2009, 07:21 PM
I thought you said the plan was to force people to default so the banks could steal the property?
Osgiliath666
02-23-2009, 07:21 PM
Well, you got to go out in style.. That kinda money buys LOTS of hookers and blow in Vegas junkets..
Rover
02-23-2009, 07:28 PM
I thought you said the plan was to force people to default so the banks could steal the property?
I think as prices were rising they were shortsighted enough to actually believe they could write a mortgage, get the first 2-3 years payments which are pretty much just interest then grab the house at a sherriffs auction and sell it again. I think now their best bet is to have the government fund their paper.
The theory I posted was one I read in a comment on a newspaper site.
Obviously they knew they were insolvent and would likely fail back in October...but hey...now they have your money, my money and everyone elses and heres the kicker...while they are dealing the final blow they have most of America ready to punch their neighbors. That is one nice deflection.
Sanchek
02-23-2009, 07:33 PM
I wouldn't be surprised if there were some truth to one of those theories. Can't really be both though.
Rover
02-23-2009, 07:41 PM
I think they can almost both be true, the banks have the ability to play both sides of a coin I'm pretty certain of that.
Malse
02-23-2009, 07:50 PM
I thought you said the plan was to force people to default so the banks could steal the property?
Depending on when ...
For much of the last decade banks considered the insanity in mortgage lending acceptable largely because with the (obviously untenable and mostly fraudulent) unbroken appreciation of assets it was a win, or at least a very small loss, even if the bank had to temporarily repossess the asset and resell it.
As the real estate bump started looking more like a long-term correction and less like a short term recession, game plans might have changed with the likelihood of having to deal with large numbers of properties for long periods of time.
Rover
02-23-2009, 08:12 PM
Heres my twitter feed...
http://twitter.com/statuses/user_timeline/16893021.rss
DiscW
02-25-2009, 06:30 AM
makes the end of Fight Club seem like a really great idea.
I dunno, waking up in a psych ward run by people who look up to you as a god and expect your insanity to return doesn't seem too appealing.
/palahniuknerd
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