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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (13314)6/4/2009 9:38:43 PM
From: Wayners1 Recommendation  Respond to of 103300
 
I think he classifies the banks as minorities too. The institutional bias of the Fed is obvious in every decision they make. Consider the fact that the Fed has provided over $12.8 trillion in loans and other commitments to shore up wobbly financial institutions while the two-year fiscal stimulus for 320 million Americans is $787 billion. It’s goose liver and Cabernet for the bank mandarins and breadcrumbs for the working stiff. Unlike General Motors–where bondholders and workers sustained huge losses and were forced to dramatically slash the size of their business—the banks and brokerage houses have been given carte blanche and are free to use their loans any way they choose, including commodities speculation which has driven the price of oil from $33.98 per barrel on Feb 12 to more than $68 per bbl. today. The taxpayer is literally paying for the rope to hang himself. And Wall Street is only too happy to oblige. This is an Administration for the banksters, by the gangsters. Normally an Adminstration appoints all kings of Captains from Industry. Not this time. There are no political appointess from industry, except banking. HMMMMMMMMMMMMMMMMMM.