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Politics : Formerly About Advanced Micro Devices
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To: zzpat who wrote (1084707)8/23/2018 8:46:36 PM
From: RetiredNow1 Recommendation

Recommended By
FJB

  Read Replies (3) of 1576346
 
QE enriched the very bankers who blew up the economy. QE didn't do a damned thing for the 99%. What it did was put bad debt assets onto the Fed's balance sheet using trillions of USD conjured out of thin air and ultimately was taken out of the wealth of the American taxpayer. QE was nothing more than printing money to deposit into the accounts of the Fed banks, which then bought MBS and Treasuries, then those banks pocketed the interest, racking up massive profits, which they then paid out as massive bonuses to themselves and as dividends to their shareholders. I benefited, because I'm an asset holder. The 99% has almost no assets to speak of. They didn't benefit one iota from having the value of their currency destroyed and our debt exploded into the stratosphere since 2009. Crimes were committed and Obama swept it under the rug like a good little boy who was bought and paid for, just like Bush Jr before him.

The Fed and the Banksters successfully achieved a multi-trillion dollar stealth transfer of wealth from the 99% to the top 1% in this country. No wonder they are pissed off. No wonder they decided not to vote for Hillary who was similarly bought and paid for by Wall Street. They voted for Trump because he said he'd stick up for them. So far, Trump has been pretty good about sticking to his promises, though some of his actions are having unintended consequences for the 99%. But he's a damned sight better for them than Bush Jr, Obama, or Hillary had been or would have been.

I actually am glad you don't get this. You are representative of the Socialists in this country who don't understand why no one likes you and won't vote for you. Since you don't understand or fail to believe this post, I have confidence that you Socialists will not be able to win Congress in its entirety and you probably won't be able to win in 2020. You guys still haven't figured out why you lost in 2016. Thank God you all are such morons.
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