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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (121551)3/23/2010 11:53:28 PM
From: Skeeter Bug1 Recommendation  Read Replies (2) of 132070
 
Knighty, did teddy tear them down or send them underground?

seems to me that if jp morgan and company can get a $23.7 trillion back stop in months that his company is still in *control*.

you know the argument that america *needs* jp morgan and goldman sachs is crap. this was the powerful leveraging their raw power to pass their trillions in losses to the public.

after all, if you are knee deep in government, why would you care if you run a debt bubble ponzi scheme when you can transfer your losses onto other people?

would bet a billion bucks you didn't have if you knew you could pass the losses on to the tax payer?

when would you stop? you keep the winnings, the public gets the losses. the uber bankers didn't stop until the debt ponzi collapsed.

i'd appreciate your comments on vrabel's article...

swarmusa.com!-A-new-article-taking-the-fight-directly-to-the-Harvard-Debt-Lords-gutting-the-country
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