Okay, now I've at least skimmed thru Nomi Prins writings and other than being a complete and total fox, she has it figured out...

I have written here on other threads the BS games that Wall Street plays to extract real cash out for their guys... I have compared "credit default swaps" to a bunch of rich guys sitting around a poker table playing with real people's money and another bunch of rich guys behind them with side bets and no matter who wins or loses, real money is "extracted" out of our economy that was earned by working people and buried in rich people's backyards...

This is the problem... Be it "derivatives" or "credit default swaps" it doesn't matter... These are ballgames that Wall Street crooks use to extract cash out of our economy... That money can no longer be used to be spent and therefore go from hand to hand and that is what GNP is all about... Dollars have to move... The rich have taken trillions out of circulation... Doesn't take a PhD in economics to tell ya' that that ain't good for the economy...

I mean, let's get real here...

B~