Forum Post: One Simple Request
Posted 12 years ago on Oct. 6, 2011, 6:34 p.m. EST by iCare
(4)
This content is user submitted and not an official statement
Banks should repay, with interest, every penny that was used to bail them out. Then we should go from there putting it towards creating jobs, education, social security, health care, infrastructure and getting people back into their homes (Pretty much what the money was meant for in the first place, among other things.) I think that this would be the best start of mending the scar of those completely ridiculous bailouts. The rule of capitalism does NOT include bailouts. If the bankers are true capitalists then they should pay back every penny with interest. That's the peaceful solution. It would be an immense historic gesture that would help to unite America, bring hope and put us back on track. I know I sound like a dreamer but I have a lot of hope that we can come to a peaceful solution. I hope the banks do the right thing here.
Peace to everyone
Too bad they already did:
http://www.cbsnews.com/stories/2011/03/16/business/main20044087.shtml
http://online.wsj.com/article/SB124455528999797923.html
Not fully and not with interest.
Almost all of them did. And if you want the banks to pay back their loans why are the kids in this movement trying to get out of paying back their government loans? Doesn't make sense to me.
They DID pay it back.
How? The Federal Reserve Bank PRINTED the money and paid them full price on all their toxic assets.
Evidence here, their own asset sheet:
http://tinyurl.com/qrtb2l
Great response. Those toxic assets aren't worth used toilet paper.
Sorry, I can't get the link.
OK, I fixed it with a tinyurl. Should work now.
Thanks, got it
What do you think of that chart? That is our base money supply, you know.
Pretty shocking
What else is shocking is that of that almost $15 Trillion in debt we are supposed to owe, the biggest holder of that debt is the Federal Reserve Bank. That is 100% printed money, created out of thin air. We are supposed to create wealth to get the dollars to pay them all that!
LOL.
It's Not My Debt. And I'm Not Paying It.
It's easy. We should have two demands. Audit the FED, with that it will open a can of worms and the second is to just ENFORCE the constitution and the rest will follow. 1 Audit the FED 2 Enforce the constitution EZ EZ EZ
You sound like Ron Paul.
EZer said than done