General Discussion
In reply to the discussion: Bernie Sanders Fed Audit (prepare yourself to be ticked off) [View all]sabrina 1
(62,325 posts)What he did say was bad enough. That the audit which was so opposed by Wall Street, revealed the shocking information that 16 trillion and maybe more, which is why we need more audits, was distributed by the Fed to bail out Foreign Banks. That is simply shocking.
They were hiding this from the American people. I give credit for the few in Congress who are not protecting these criminal on Wall St and are looking out, as they are supposed to do, for the American people.
I opposed the bailouts, under Bush and Obama and I do not believe they benefited the American people, not one bit. They benefited the Bankers, they got them off the hook, they allowed them to reward themselves with big bonuses for FAILING, or worse, for committing fraud against the American people.
I spent that whole weekend along with millions of other Americans calling congress asking them NOT to get them off the hook. And Congress responded to the overwhelming opposition from the people, and voted against the bail outs.
But then King Henry Paulson as we now know, threatened them, as revealed by Democrats in Congress, into going back and voting for them.
This was in clear opposition to the will of the people who opposed them across party lines by an overwhelming majority.
I wanted them to do what Iceland did when they discovered the corruption in their banking system.
What did all this do for the American people? How about Main Street? Millions are still being thrown out in the street, unlike the wealthy, there was no bailout for them. I see the homeless right here in S. Ca every day, many of them victims of those illegal foreclosures.
I like millions of other Americans are simply disgusted with the weakness of our government when dealing with War Criminals and Economic Criminals while throwing more and more ordinary Americans in jail for things like being hungry and stealing some food.
There is simply nothing that will change or has changed my or anyone else's opinion on the disgraceful bailing out of failed institutions simply because they have bought influence in Congress and the people have not.
Now we learn it is even worse than we thought. They were sneaking trillions of dollars to FOREIGN banks, while still taking away the homes of ordinary Americans. This is an outrage and thankfully at least Bernie Sanders and a few others in Congress see it for it is. There are no excuses for this, sorry.