Cenk at Occupy Wall Street - Bank of America Dangerous Derivatives Deal

[CherylK]

Run time: 03:17 https://www.youtube.com/watch?v=N_XtXhiekQk   Posted on YouTube: October 21, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 21684   Posted on DU: October 22, 2011 By DU Member: CherylK Views on DU: 1945

 
The Fed is supporting Bank Of America and its $75 trillion in derivatives bets. If BOA crashes, the American government/taxpayers will be left to clean up the mess. The Young Turks host Cenk Uygur explains from the Occupy Wall Street protests in New York City.

Watch exclusive Occupy coverage here:

http://current.com/shows/the-young-turks/

[WillyT]

1. K & R !!! - Thank You !!!

:hi:

:kick:

[rhett o rick]

2. R&K

[Why Syzygy]

3. R&K

I hate to think what might happen if this gets dumped on taxpayers. We absolutely cannot have this way of excusing crimes.

[ooglymoogly]

4. The Federal reserve, a wholly owned subsidiary of JP Morgan in collusion with other large

banks have been swindling the people of this country since before most of us can remember. The treasury is their piggy bank. As Money flows in it gets allocated by their bought and paid for congress, to interests they control. From our pockets to theirs. The greatest swindle in history. FDR was their Waterloo for 60 some odd years, but now they are destroying any vestiges of his policies that brought some fairness to our system.

[99th_Monkey]

5. What I don't get is this: If this is as BIG as it sounds from Cenk's report

and I have NO doubt that it is, then WHY ISN'T OWS AND EVERY OCCUPATION SCREAMING BLOODY MURDER ABOUT IT,
IN FRONT OF THE FED and HEADQUARTERS OF THESE CORPORATE VAMPIRES??? ... to make BofA and JP Morgan EAT THEIR COMBINED
$150 TRILLIONS OF HIGH-RISK TOXIC DERIVATIVES AND JUST GO AWAY AND DIE QUIETLY UNDER THEIR ROCKS.

THIS IS HIGH TREASON, DELIBERATE DESTRUCTION OF OUR ECONOMY ... IF THIS ISN'T THE "LINE IN THE SAND" FOR OWS A
AND ALL THE OCCUPATIONS, THEN WHAT IS???

[Enthusiast]

6. Kicked and recommended!

That's what we need -simple terms, easily understood. Most Americans know they have been fucked they just don't understand how it happened.

Now it's time to understand that the malfeasance is continuing.