President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (103741)	11/1/2011 10:23:30 PM
From: RetiredNow	Read Replies (3) of 149317

Did you see what happened with MF Global? More theft and more fraud by the criminal banksters. That criminal Corzine was a former Goldman Sachs guy and they say he has a $12M golden parachute. So let me recap what is happening here in America. The CEO's of the largest banks on Wall Street destroy their own companies by taking too many risks. The destruction of their own companies threatens our entire economy. Therefore, our government uses tax payer money to bail them out, instead of seizing them and forcing them into bankruptcy liquidation, which would have solved the problem without creating all these other horrible consequences. These banksters then use the bailout money to pay themselves even more big bonuses, laughing all the way to the bank (pun intended). Our government then decides we need austerity for the other 99% to cover the cost of bailing out the criminals. It seems that theft and criminal behavior is now a way of life in the good ole US of A. And some folks on this thread still insist that we continue to ride this merry-go-round. Unbelievable.

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