|
Title: Indymac Slap, Goldman, & Soros Video Post by: WhiskeyGirl on February 12, 2010, 08:28:35 AM Real examples of how taxpayers are getting screwed, and WHY future generations are faced with perpetual debt.
"You won't believe the sweetheart deal that the Indymac boys were given by the FDIC. " http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1162187 (http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1162187) How is the cycle of debt and job loss ever going to end? When Goldman and Soros own everything and taxpayers continue to go into debt? Title: Re: Indymac Slap, Goldman, & Soros Video Post by: WhiskeyGirl on February 12, 2010, 08:32:48 AM Why isn't Obama following the money?
Why does he keep pouring money into the FDIC? It sounds like these are deals that are guaranteed to profit these big banks, Goldman, and Soros. Who's looking out for Main Street? Title: Re: Indymac Slap, Goldman, & Soros Video Post by: WhiskeyGirl on February 12, 2010, 10:05:09 AM Wow. Remember when Goldman had to go through expedited hoops to become a bank? So they could get TARP money? Amazing that they paid back that TARP money so quick.
After they made all that money from Indymac, will they remain a bank? What a tough choice! Quote "The implications for Goldman Sachs or any other institution is, do you want to be a bank?" Volcker, a former chairman of the Federal Reserve, told the Financial Times. "If you don't want to follow those (banking) rules, you want to go out and do a lot of proprietary stuff, fine, but don't do it with a banking license." Last month, Obama proposed barring banks from betting in financial markets with their own money, known as proprietary trading. Called the "Volcker rule," the proposal aims to prevent banks from taking risks that drag them to the brink of failure. The proposal sent shares of major banks tumbling. Goldman Sachs Group Inc could be impacted by the Volcker rule because of its substantial proprietary trading operations. Goldman executives have repeatedly said they have no interest in shedding their bank charter. http://www.reuters.com/article/idUSTRE61B2PT20100212 (http://www.reuters.com/article/idUSTRE61B2PT20100212) Why should any one of these big players give up the taxpayer funded gold mine? How much of that money will they convert into gold? Taxpayers get perpetual debt and global special banking interests get never ending profits? Is this a better deal than privatized profits and socialized losses? Just hook directly to the money machine? Title: Re: Indymac Slap, Goldman, & Soros Video Post by: WhiskeyGirl on February 15, 2010, 05:09:38 AM Updates and more examples.
http://www.thinkbigworksmall.com/mypage/tbws/ (http://www.thinkbigworksmall.com/mypage/tbws/) |