Comments on: Rolling Stone’s Matt Taibbi: Secret and Lies of the Bailout

By: c.l.p.a.g. Chris

c.l.p.a.g. Chris — Sun, 06 Jan 2013 19:18:02 +0000

No Surprise; With The Thief in Chief don of the Chicago MOB His Archon Shill Shyster Liar Lawyer Attorney Mouthpiece as: U.S. Attorney General, Fixer Extraordinaire Cover UP artiste:

Banks NO problem; Vote Fraud No problem; Fixing Elections NO problem; FAST and FURIOUS Drug Running to Mexican Revolutionary Narco Terrorist InfilTraitor Drug Gang Racketeering CoCON-Spiritors, No Problem; BengHAzie Murder Death Kults, NO Problem; Take Over America No Problem; Talmudic One World Communist Slave New World Order, No Problem? Pray for DEVINE Intercession, No Problem?

By: indio007

indio007 — Sun, 06 Jan 2013 18:11:20 +0000

I don’t think may really understand the gravity of what Matt is saying.

I’ll break it down.
The economy was 4 Trillion dollars in 2008
The banks borrowed money at 5%
That $1.4 trillion is parked at the FED at .25% interest. (according to Matt “before the bailout began, there were just $2 billion in excess reserves at the Fed”)

This is a money losing proposition no?

Why take 30% of the US economy and simply sideline it ESPECIALLY if you are losing money by doing it?

Banks make money via interest rate arbitrage so this is no accident.
There can only be one of 2 purposes.
1. intentionally lose money.
2. Take money out of the economy (creating an artificial shortage).

It must be #2.

From 2 billion in sidelined money to 1.4 trillion 4 years…. WHY?

By: Sarah

Sarah — Sun, 06 Jan 2013 15:46:37 +0000

As descriptive and graphically entertaining as Taibbi is, it’s much worse. Better to just laugh at the appalling level of aggression : “none of the bailout’s architects gave a shit about homeowners” Wall Street had two or more wars going on at once, it would taboo to suggest our representatives took orders directly from the owners, but not many people wanted this bailout and it isn’t accurate to say anyone was tricked other then the American people.Santelli’s rant was not “spontaneous” as the groups responsible were FIRE sector fronts who saw an immediate threat, and God forbid, some kind of possible recourse towards their criminal behavior and have blamed the victims for years. They continue to do so.
Taibbi should know, or at least write, that this is what they do when they bomb civilians. Banks didn’t need the TARP money just to “survive” Capital One for example helped itself to Chevy Chase, a thrift driven into failure. BOA allegedly was forced to take on another mafia lender “Countrywide”. (etc, etc) What you have is an ineffective bought off Justice and Political system that at the highest level of power simply threw the fallout in people’s faces. A leadership of fools who have sold any hope of Democracy to the highest bidders.

By: Herman Vergara

Herman Vergara — Sun, 06 Jan 2013 14:31:02 +0000

I think: It’s an outrage HSBC Bank USA hasn’t had its U.S. banking licenses revoked for “MONEY LAUNDERING” around the world. Bank crime shouldn’t pay.