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Politics : Welcome to Slider's Dugout

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To: Crimson Ghost who wrote (17416)	5/14/2009 1:37:11 PM
From: SliderOnTheBlack	5 Recommendations Read Replies (2) of 50452

re: Democratic Majority Whip Dick Durbin acknowledged the voters’ defeat by the discredited banksters. The banks, Durbin said, “frankly own the place.” -- Repeal of key parts of Glass Steagal. -- Commodity Futures Modernization Act Of 2000. -- Unregulated OTC derivatives. -- Removal of SEC leverage limits + self regulation for I-Banks. -- Greenspan Fed pedal to the metal for three years. -- Fannie & Freddie turned into toxic waste dump. -- CDS/CDO tsunami with AAA rating rubber stamp. -- Billions in ill-gotten gains. -- Losses hidden in off balance sheet SIV's. -- $100+ million dollar golden parachutes for breaking the bank. -- Trillion Dollar Bankster Bailouts post bubble pop. -- Unaudited, unregulated Fed with unknown on/off balance sheet transactions. -- IMF raising Bank loss estimate up from $2.4 to $4.1 Trillion -- Bailout, after Bailout, after Bailout. And Durbin says - "the bankers own Congress?" Sounds like closet militia-speak to me. I think the Durbster needs a little waterboarding. Someone needs to call Napolitano and have Homeland Security add "majority whips" to that potential domestic terror list. SOTB

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