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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (102715)	10/5/2011 1:20:50 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Wake up thread! When you hear politicians or Central Bankers saying, "We need to recapitalize the banks," what you should be thinking is they wan to steal more money from you and I! Literally, that is what it means. These banks have taken leveraged risks that have blown up. In other words, they have gambled in the casino and lost. Now they want your governments to make good on their losses. Your governments have already done that and will continue to do that. Your governments will get the money to do that from you and I by raising taxes, cutting your Entitlements, and other more insidious ways like printing money until the cows come up, which devalues your currency, increases global prices, and makes you poorer. In short, this is a process of stealing from you and I to shore up the banks. Don't let it happen! Don't vote for the politicians that are complicit in these actions. Demand impeachment of Bernanke to start with. If you are German, GET RID OF MERKEL! She has betrayed you as surely as US politicians on both sides of the aisle have betrayed us Americans. Vote them all out. Merkel willing to recapitalise banks By Peter Spiegel in Brussels and Gerrit Wiesmann in Berlin ft.com