View Single Post
Old 02-05-09, 01:29 AM   #1
PeriscopeDepth
Sea Lord
 
Join Date: Jul 2002
Location: Pacific NW
Posts: 1,894
Downloads: 6
Uploads: 0
Default Treasury and the Fed made BoA "an offer they couldn't refuse"

http://www.reuters.com/article/newsO...47844220090205

These people (Fed and Treasury officials) are the biggest threat this country has seen Southern secession. Organized crime is more or less in charge of our banking system as far as I can tell.

They have perpetuated the largest theft in global history through the bailout legislation. They have caused the mess that we are in (unless you doubt their mathematical competence and believe the "perfect economic storm" BS), and for some reason we trust them to fix it because of their "financial expertise". They are also either incredibly corrupt or incredibly incompetent [Madoff's $50 billion fraud was officially reported no less than what, 5 times with no action being taken? Paulson headed Goldman Sachs and personally lobbied Congress for the removal of leverage limits in financial institutions. Geitner (and a significant portion of government, unless Obama just happens to be picking the guys that are cheating on their taxes) has "ethical issues" to say the very least.]

I know I said I'd do my best to stay out of political threads, but I just can't understand why these people weren't jailed yesterday. If this keeps up, Americans are going to lose all faith in their government as a body that acts to protect them and think of government rather than an institution that is an outright accomplice to stealing from them at the expense of a very small percent of the population.

PD
PeriscopeDepth is offline   Reply With Quote