Forum Post: A plan to force the banks to pay back the bailouts. This can really work!
Posted 12 years ago on Oct. 27, 2011, 4:14 p.m. EST by brendanpatrickhughes
(0)
from Los Angeles, CA
This content is user submitted and not an official statement
If enough people pack rocks into boxes and affix those credit card offer return envelopes, we could force the banks to pay exorbitant bills tot he post office (and keep our mail carrying brothers and sisters working).
At $0.20 an ounce, we could be quite exacting about how much each corporation is forced to pay through their own predatory lending hubris.
Who's in?
Um, most have, and even if we receive no more payments, we have already made a handy profit from the commercial banks. By far, the largest outstanding bail-out was the $200 billion we gave Fannie Mae and Freddie Mac.
Okay this action is notable! BUT we need specific action to AMEND the Supreme Court's ruling called "CITIZENS UNITED." This bit of work is the actual heart of the new, organized, 1% assault on the political system in the country. This one bit of legislation took our democracy and political system and handed them over lock-stock-and barrel to the ruling wealthy elite. Want a democracy?? AMEND "CITIZENS UNITED." Make it an ELECTION ISSUE. Write your congress man today so they will. FOCUS AND ACT!
Yea the banks paid the money back already........
btw your plan, brendan, would not work....the return envelope pre-payment only covers the cost for the weight of an envelope lol
the banks did NOT pay back all the bailouts. moron.
did you factor in the opportunity costs that lending all that money inflicted on all of us? hmm?
did you factor in the fact that some of thos ebanks have gotten further loans from the gov't to "pay back" those loans?
did you factor in there are ongoing bailouts you havent even heard about? What about the 500 million additional bucks bank of america got in august (as reported by the wsj)?
People, we can't have it both ways. Folks all over this site complain about the Fed printing "funny money" but then treat it like it's real when discussing the bail-outs. Which is it?
the use of force - the tool of the left. ever notice that?