Corporatocracy at its finest. Some interesting info from the FED audit.

fly

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Steam
mattressfish
http://www.americablog.com/2010/12/true-scale-of-bank-bailout-its-not-just.html

I was in Washington last week and visited Bernie in his office, mainly to talk about the incredible results of the Federal Reserve audit, about which I’ll be writing more in the upcoming weeks and after the New Year. The audit of the Fed was undertaken because Bernie and a few other members of congress fought very hard during the Dodd-Frank regulatory reform debate to force open Ben Bernanke’s books, and as a result we now know the staggering details of the secret bailout era. We know that Citigroup received $1.6 trillion in loans, and Morgan Stanley $2 trillion, and Goldman Sachs – the same Goldman Sachs that bragged about how quickly it paid back its $10 billion TARP bailout – over $600 billion.
Please Ron Paul, kill this fucking thing. We obviously can't manually manage the economy.
 

Duke

. . first name's "Daisy" boys
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"The dots just connect themselves; they're not even pretending anymore. "

As long as conservative tea party types keep being stuck on 'Us versus them', we're never going to be able to purge the system.

Rick Scott, for example.

This is why education loses funding year after year after year. Because those in power WANT the population to be fucking stupid.
 

plot

Morning Boehner
Oct 16, 2006
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"The dots just connect themselves; they're not even pretending anymore. "

As long as conservative tea party types keep being stuck on 'Us versus them', we're never going to be able to purge the system.

Rick Scott, for example.

This is why education loses funding year after year after year. Because those in power WANT the population to be fucking stupid.
Educational expenses ballooned in the late nineties and early two thousands and kids still got dumber. Despite what the dems preach, throwing money at a problem won't fix it.
 

shamwow

Curly_Sue
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Educational expenses ballooned in the late nineties and early two thousands and kids still got dumber. Despite what the dems preach, throwing money at a problem won't fix it.
inorite? why waste money on our own people when it could be much better spent blowing up other countries
 

Casper

Bobbert Cheapstein
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Well, if true, who could possibly agree with the FED loaning $2T to anyone...
Nobody. That's outrageous.

But if you read the quoted article, Taibbi accuses Obama of being in bed with corporate America. That is, he is willfully enabling wall street to screw us over again.
 

Casper

Bobbert Cheapstein
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I’m bringing this up now to put into context what Bernie did on the floor of the Senate last week, standing up for eight hours and 37 minutes to make a case that the hideous deal that Barack Obama cut with the Republicans to extend the Bush tax cuts was an outrage to the very qualities that matter most to this politician, common decency and common sense. While everyone else in Washington was debating the political efficacy of the deal – the Hill actually published a piece talking cheerfully about how CEOs found a “new friend” in Obama, while the New York Times shamelessly ran a front-page “analysis” talking up the deal’s supposed benefits to the middle class and the political benefits from same that Obama would enjoy – Sanders blew all of that off and just looked at the deal’s moral implications. Which are these: this tax deal, frankly and unequivocally, is the result of a relatively small group of already-filthy rich people successfully lobbying an even smaller group of morally spineless politicians to shift an ever-bigger share of society’s burdens to the lower and (what’s left of the) middle classes. This is people who already have lots of shit just demanding more shit, for the sheer rotten sake of it. Here’s how Bernie put it:

"How can I get by on one house? I need five houses, ten houses! I need three jet planes to take me all over the world! Sorry, American people. We've got the money, we've got the power, we've got the lobbyists here and on Wall Street. Tough luck. That's the world, get used to it. Rich get richer. Middle class shrinks."

I contrast this now to the behavior of Barack Obama. I can’t even count how many times I listened to Barack Obama on the campaign trail talk about how, as president, he would rescind the Bush tax cuts as soon as he had the chance. He stood up and he said over and over again – I can still hear him saying “Let me be clear!” with that Great Statesman voice of his, before he went into this routine – that the Bush tax cuts were wrong and immoral. He said more than once that they “offended his conscience." Then, just as he did with drug re-importation and Guantanamo and bulk Medicare negotiations for pharmaceuticals and the issue of whether or not he would bring registered lobbyists into his White House and a host of other promises, he tossed his campaign “convictions” in the toilet and changed his mind once he was more accountable to lobbyists than primary voters. He pulled an Orrin Hatch, in other words, only he did it serially.

I can live with the president fighting for something and failing; what I can’t stand is a politician who changes his mind for the sake of expediency and then pretends that was what he believed all along.
 

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Morning Boehner
Oct 16, 2006
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I heard obamas reelection campaign budget might be a billion dollars. A billion dollars to win a 300k/year job...

Who the fuck is he going to owe? You don't get a billion dollars without having some serious agendas too push..
 

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Morning Boehner
Oct 16, 2006
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inorite? why waste money on our own people when it could be much better spent blowing up other countries
There you go again... Trying to use one shitty decision to validate another shitty decision. Who's in the driver seat now still blowing up other countries instead if saying fuck it and pulling out? Still waiting for the change.
 

shamwow

Curly_Sue
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There you go again... Trying to use one shitty decision to validate another shitty decision. Who's in the driver seat now still blowing up other countries instead if saying fuck it and pulling out? Still waiting for the change.
you fail to understand that without reinvestment into our country we're going to keep the country in a downward spiral. spending on education and health care are good things but you seem to have been brainwashed beyond the point where you can still recognize that. the wars shouldn't be fought at all and they are at the expense of our own internal well being.
 

my little brony

Keep Being A Little Bitch
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the problem is that merely throwing money at education and health care is not going to solve anything. the problems with the system go far beyond merely funding. those problems need to be fixed for any amount of money to actually do some good