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Thread: Bailout Bandits

  1. #1 Bailout Bandits 
    Forum Cosmic Wizard icewendigo's Avatar
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    Read this;

    http://www.nytimes.com/2008/10/25/bu...cera.html?8dpc

    In a nutshell, JP Morgan Chase, a member of the banking crime syndicate (Morgan Chase, Goldman Sachs, CityBank) ,
    will use the Bailout billions not to help homeowners and business borrow but to go on a takeover/acquisition spree (for pennies on the dollar on top of that) with money the taxpayers and their children will toil for.
    (I think if I was a US citizen I'd go to the harware store and buy a pitchfork as a symbolic gesture)


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  3. #2  
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    alex jones said McCain was going to give the money to the people but 52%of voters wanted"change"

    some change -oh sure

    fools!!


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  4. #3  
    Forum Cosmic Wizard icewendigo's Avatar
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    "alex jones said McCain was going to give the money to the people "

    I dont buy that, McCain did not openly oppose the bailout, and on top of that the bailout is now in the Trillions so the 700 billion TARP is almost a decoy.

    The raping is ongoing, each weekend the american taxpayers are getting screwed with more billions than the week before. And this will not stop until americans realize that the people they elect work hand in hand with the criminal banking cartels, stop looking to the crooks who cause the problem for a solution to the problem and take charge by organizing and rising. Workers only got a new deal during the GD because there was massive uprising and the elite feared that if they didnt get the workers a fair share they(elite) would loose it all in a popular revolution. The elite knows this which is why they have prepared (Patriot Act, H.R. 1955: Violent Radicalization and Homegrown Terrorism Prevention Act of 2007
    ) so they can keep the people under their boot this time around.
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  5. #4  
    WYSIWYG Moderator marnixR's Avatar
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    why go for change when you can get your hands on bank notes
    "Reality is that which, when you stop believing in it, doesn't go away." (Philip K. Dick)
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  6. #5  
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    Bailout does not bring any good. Moreover what it brings is moral hazard. Central banks of majority of offshore banking centers do not have LOLR function; however their banking systems are highly stable and secure.
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  7. #6  
    Time Lord
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    On problem with the liberal pacifistic view is that they often think they can appease a criminal by giving them enough money they won't want to steal anymore. Usually what happens instead is the criminal simply sets their sights higher.
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  8. #7  
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    Quote Originally Posted by kojax
    On problem with the liberal pacifistic view is that they often think they can appease a criminal by giving them enough money they won't want to steal anymore. Usually what happens instead is the criminal simply sets their sights higher.
    I don't think you understand liberal approach
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  9. #8  
    Forum Ph.D. Darius's Avatar
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    Quote Originally Posted by ElliotClark
    Quote Originally Posted by kojax
    On problem with the liberal pacifistic view is that they often think they can appease a criminal by giving them enough money they won't want to steal anymore. Usually what happens instead is the criminal simply sets their sights higher.
    I don't think you understand liberal approach
    No, he understands it better than anyone I've ever seen. I'm...in awe. I only wish I was the author of such an exposť! TEACH ME MASTER!

    P.S: No, I am not being sarcastic.
    Om mani padme hum

    "In dishonorable things we are not bound to obey any man." - The Book of the Courtier [1561], pg 99 (144 in pdf)
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