Chancels is *exactly* right - this IS NOT about saving the banking system (that's the theater), this IS about saving certain EXCLUSIVE banks AT THE EXPENSE OF EVERY OTHER WELL RUN BANK OUT THERE.
the $12 trillion they've funneled to these mega banks is enough to pay off every single mortgage in the united states of america... that solves the MBS problem, right?
but the uber banks wouldn't collect their due - the interest on all those loans from the surfs of this nations.
instead, the uber banks DEMAND to be paid back in full for all their losses (no doubt triggering billions in Obama sanctioned bonuses - even if Obama gives good theater about not liking it so the surfs don't rise up).
the fed, NO DOUBT OWNED BY THE SAME PEOPLE WHO OWN THE UBER BANKS!!!!!, run up the public debt due to their new "investment" in worthless crap and they get to CHARGE THE PUBLIC INTEREST FOR TAKING ON DEBT TO BUY ALL THE WORTHLESS ASSETS FOR CASH!!!!
goo lord, meta, open your freaking eyes!
if i were to go to government and claim my condo was illiquid (ir, nobody would buy it at the price i wanted to sell it) and the government paid me my mark to myth price, you'd be LIVID that i was bailed out of a bad decision to buy a house.
you'd be angry over peanuts given to a surf, but you defend the guy HANDING THE KEYS TO THE KINGDOM OVER TO A BUNCH OF FRAUDULENT B*STARDS THAT NEED TO BE IN JAIL.
oh, and before the simple mind chimes in and puts me in the bush camp, i'm a bit disappointed that Obama hasn't charged bush and cheney with war crimes for torture - and if they ever leave the USA and get jailed for war crimes, i won't feel the least bit of sympathy.
i'm sure that Obama's chant after looting the treasury to enrich the fraudulent oligarchs will be... "i don't like to look back, let's move forward... no do your best to get a second job."
remember the following promises by Obama?
1. people will have 5 days to review legislation online (hasn't happened).
2. he wouldn't sign a bill with earmarks (signed off on $8 billion about 1 month ago).
3. he wouldn't bring in lobbyists to his government (his cabinet is filled with ex clintonites and the oligarchy couldn't have more entrenched lobbyists than summers and geithner - worked for the fed a private bank owned by the oligarchs).
4. i will be transparent - no more sneaky government (mark to myth, $2 trillion in loans to undisclosed recipients, etc...)
he's a pathological liar upholding the status quo at nearly every turn. he's even extending it.
are you so blinded by hatred of republicans that you don't see the government screwing you over? young children will be DEBT SLAVES by they time they are in their 30s - if they aren't fighting a war to settle our debts.
the republicans should be ASHAMED for not holding the bushevics accountable.
now the SHAME is on the democrats.
not the parties - they are bought and paid for... but the people. like you. |
