BERNANKE & GEITHNER & GREENSPAN & PAULSON in Fall of the Republic the Presidency of Barack Obama

[crumcon]

so if i rob a store or a bank for 100$ bucks they will put me behind bars for at least a month. these guys stole trillions!!!!!

[defexorcist]

I know who can get these pricks to answer the questions: Joe Pesci and Chuck Norris. Give them a car battery and a blow torch and I bet we find out where da money went real fucking fast.

[Rico8458]

is this guy jewish?

[Firebirrd85]

@Rico8458 Bernanke? Of course he is. Federal Reserve is run by jews.

[Writious]

Watch WAMUed Nation

v=NxGBwExQDdU

[mredstriumph]

Glass Steagal was a 1933 Act designed to prevent the bank runs o the Grt Depression. It was NOT a forward thinking measure to regulate securitization & derivitives which GOVERNMENT would be inventing 60 yrs later. It sep'd banks in2 kinds, deposit & non-deposit

Depost banks r traditional banks, w GS req'd to keep a certain % o deposits in cash & carry FDIC insurance

Non-depos banks r pension funds, insurance funds, etc. They CANNOT - by definition - keep a % of deposits on hand (cont)

[mredstriumph]

(cont) because - by definition - there are NO DEPOSITS. Non-depos banks carrying FDIC insurance is POINTLESS bc there r no depositors to make a run on the bank

FDIC insurance, & cash on hand (Glass Steagal) would NOT have prevented the meltdown because bank runs didn't cause the crisis

If u google Fannie Mae, Freddie mac, AIG, Lehman, Citygroup, Bear Stearns, Countrywide Mortgage, etc u will see it was exposure to SUBPRIME MORTGAGES that brought them down, every 1, NOT bank runs (GS)

[mredstriumph]

If u want to understand the crisis, watch this:

/watch?v=Q0zEXdDO5JU

& know that the "Investment banker" in the example is the GOVERNMENT COMPANY fannie Mae, who holds 50% of all US mortgages

Watch this:

/watch?v=_MGT_cSi7Rs

and

/watch?v=ivmL-lXNy64

To see how we got here. Government bought bad loans, thereby deliberately making sure Mortgage lenders had no skin in the game when making bad loans. Without that govt market buying loans, NONE of this would have happened

[truthsabre7]

OK.....so what are you going to do about it?

[ClintfromNYtoVA]

Hands down marcchabotyt is one of the most informative channels on you tube today.

[Paetaor]

Paulson is probably thinking.

"I don't have time for this. I have a billion dollars to spend."