General Discussion

truedelphi

(32,324 posts)

4. Uh, a lot of those trillions went to the Biggest Banks and Financial Firms in the world

Fri Oct 3, 2014, 03:37 PM

Oct 2014

through the Bailout process. Geithner was put in charge of all that, by Pres Obama. And so this Administration saw to it that the largest heist of human wealth went from Middle Class America to the Big Fat Cats, for what?

We didn't even get any regulatory relief, so the same swindle is in the works right now, that was in the works back in 2001 to 2008.

The new swindle has new names for its derivatives, but it is still going on.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

19 replies

= new reply since forum marked as read

Highlight:

Don't blame Bush! [View all] MaggieD Oct 2014 OP

He spent it on Obamaphones Capt. Obvious Oct 2014 #1

We haven't even begun digging out of the Bush disaster... JaneyVee Oct 2014 #2

^THIS!!!!^ hifiguy Oct 2014 #5

don't let Nixon slide n/t 1dogleft Oct 2014 #10

I'll stop blaming bush* when the smell is gone rock Oct 2014 #3

Uh, a lot of those trillions went to the Biggest Banks and Financial Firms in the world truedelphi Oct 2014 #4

TARP was repaid MaggieD Oct 2014 #6

TARP was the distraction, MaggieD. The damage was done by Bernanke "lending" truedelphi Oct 2014 #9

I'd like to know more about this... MaggieD Oct 2014 #11

Here are some background links: truedelphi Oct 2014 #12

Thanks -- I will read up on it MaggieD Oct 2014 #13

As I read this, I have a question... MaggieD Oct 2014 #15

Under the Autumn 2008 cover of Larry Summers and Paulson screaming about how the sky was falling, truedelphi Oct 2014 #18

The sky was falling MaggieD Oct 2014 #19

Don't blame me. I Voted Carter. Thirties Child Oct 2014 #7

EXCELLENT post! Thank you... YvonneCa Oct 2014 #8

+1 uponit7771 Oct 2014 #14

I will be blaming bush for years to come. logosoco Oct 2014 #16

The Thousands of Disabled Vets vankuria Oct 2014 #17