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reusrename

(1,716 posts)

3. They are bankrupting cities and municipalities. They need a scapegoat.

Reply to hootinholler (Reply #1)

Wed Feb 12, 2014, 12:55 PM

Feb 2014

The real culprit is interest on municipal bonds. Bonds paid for with the 12 trillion that was handed to them for free during the bailout.

Some say they have paid that money back, but they didn't, they bought bonds with it and then they paid back the money using worthless credit default swaps.

They need another scapegoat. Retired fire chiefs bringing home five figure salaries make an easy target.

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The Wolf of Sesame Street: Revealing the secret corruption inside PBS�s news division [View all] octoberlib Feb 2014 OP

Not entirely related.. hootinholler Feb 2014 #1

I don't get it either unless they octoberlib Feb 2014 #2

They are bankrupting cities and municipalities. They need a scapegoat. reusrename Feb 2014 #3

+1 PotatoChip Feb 2014 #4

Plus when you bankrupt a city zeemike Feb 2014 #8

Yep. They now have so much wealth they have run out of things to buy. reusrename Feb 2014 #14

A couple of things. First it's the easiest way to get rid of the government debt. The other way is okaawhatever Feb 2014 #5

This has nothing at all to do with government debt. reusrename Feb 2014 #12

Partly ideology but also opportunities to profit lostnfound Feb 2014 #19

k and r bbgrunt Feb 2014 #6

Obvious and to be expected once Congress de-funded them. bemildred Feb 2014 #7

About a decade ago they created a show for the WSJ editorial page and a show for Tucker Carlson Chathamization Feb 2014 #9

k&r for exposure. n/t Laelth Feb 2014 #10

it's a damn shame heaven05 Feb 2014 #11

PBS is another radio station and TV station that I cannot stand. JDPriestly Feb 2014 #13

It was always there, just covered up better. n/t freshwest Feb 2014 #15

As I pointed out, this nation, and its media, is completely off the rails. Enthusiast Feb 2014 #16

"former Enron trader John Arnold" Enthusiast Feb 2014 #17

sweet geebus, onethatcares Feb 2014 #18

Total And Utter Betrayal... WillyT Feb 2014 #20