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Forum Post: Bailout Update

Posted 10 years ago on Feb. 12, 2014, 10:05 p.m. EST by JGriff99mph (507)
This content is user submitted and not an official statement

In case you haven't been paying attention - or are busy with your life and didn't see it on any msm news- the bailouts of Wall St keep coming.

This was the 17th month in a row of the elites and DC giving Wall St tens of billions of dollars. For free. To purchase "toxic assets".

For 17 months in a row, your "leaders" in Washington DC have sat on their thumbs quietly ignoring this stark reality- thieving by the top to the tune of 75-85 Billion per month. And here's best part. Its built in.

This isnt something where Congress has to get together to decide on a bailout (like that would really make a difference, right?). Nope, its planned. Its a set policy.

The policy of your current government is to steal tens of billions per month and give it to Wall St. Thats not my opinion, that is a fact.

So while all the talk of economic this and economic that keeps going, the real culprit sits quitely and is making more money than they ever have before:

Wall Street.

While the state was busy shutting down Occupy, they were also busy figuring out how to make Wall St even more successful than ever.

So what the hell is our fuckin problem? Not just me, or just you, but everyone. The entire nation. Have we collectively lost our fuckin minds where this is the policy our so-called "representatives" create?

http://www.chicagotribune.com/business/sns-rt-us-markets-bonds-20140211,0,5812113.story

Sidenote: To anyone who takes these elitists words seriously like "continue the taper" get over it. Who shorted what and who went long before the speech, insider paradise. At your peril.

Playing games with your retirement with press conferences. Great system, eh?

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4 Comments


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[-] 2 points by JGriff99mph (507) 10 years ago

Doing nothing was not an option? Depends on what your long term goals are.. Short term pain for long term gain (Iceland) or all out corporate fascism (USA).

Stating we had to do it is akin to stating that we must keep the King in power because without him it would be chaos.

Again, all depends on what the long term goals are. Iceland showed us the way, we were just too scared to do it. Those are some smart, tough people over there. Here, not so much.

To those that say they would simply regroup in time, they are right. Thats all humanity is, a constant struggle between the elites and the rest of us. Anything, imo, is better than simply rolling over and forking over whatever they say they need.

But again, this post is not about the initial bailouts. Its about the bailouts that are now part of our government policy. The result of rolling over to begin with. Unlimited, planned thieving.

What would your county be able to do with 28 mill a month for the last 17 months, knowing its going to keep coming? Probably some pretty amazing things. Fix the roads, give the teachers a raise, housing for all, etc etc etc.

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[-] 1 points by JGriff99mph (507) 10 years ago

Do you feel the worst is behind us?

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