This woman only mentions the role of the Federal Reserve as if it were only an accessory in robbing everyone blind. Wall Street is not the primary problem. Did her panel find out who owns the Federal Reserve? Or, where our gold at Fort Knox and elsewhere is now? Or, what the percentage of the Fed's IRS's collection efforts goes directly into the Fed/private central bankers pockets? If analysis by a middle-aged woman does it for you, better off searching Catherine Austin Fitts.
It was an inside job. The banks load up on billions of dollars in bad assets insured by AIG, while the Bush gov looks the other way. Then the Bush gov yells CRISES! The sky is falling unless the tax payers pony up hundreds of billions of dollars. Then the banks and their investors get PAID OFF IN FULL! CHA-CHING! What a heist!
@bnfox Warren was not appointed by Obama. The 5-member Congressional Oversight Panel was determined as follows: the Speaker of the House, Senate majority leader, House minority leader and Senate minority leader each appointed one member, and a 5th member was appointed by consensus. Warren was recruited by Harry Reid, the Senate majority leader, before Obama had even won the election in 2008. She was chosen to be chair by a majority of the other panel members.
@Seasass -thanks for the info - very informative. Now I can say - Harry Reid must have been drunk when he recruited Warren - as far as I can tell she's the only competent appointee in the Democrats' administration. And that will save me the trouble of blaming Obama - I generally like to blame Clinton and Bush for everything anyway.
@bnfox You landed on your feet, very well, my friend. It was probably an accident that Reid appointed her. He has the wit and intellect of a small soap dish.
@Seasass - and I would also say that Warren would have made a great replacement for any - ANY - of Obama's Goldman Sachs/ Keynesian Clown alumni club of banker bootlickers he calls an economic team. It's still not too late except it would probably really piss off his handlers.
Look around, the depression is already here. Main street is bleeding out and dying. No work, uncertain job prospects, no credit, wealth evaporating, food prices rising (also called inflation). Those greedy banksters and corporations need to fail. America needs to rediscover the Consitution and get back to basics, like production, limited government, and let the world take care of itself for a change. Imagine that!
The American people have been ripped off and robbed blind at the hands of the banking cartel and corrupt bought and paid for politicians. Nothing has changed..
This whole financial reform is a big ass scam, government spending and FED money printing is the eCONomy now.
There is the June update.
Ben Bernanke, Hank Paulson, and Turbo Tax Timmy Geithner all belong in prison.
Should have allowed it to go to Bankruptcy. Companies enter bankruptcy all the time. Some come out and live, some come out and die, some never come out and are liquidated. Whichever, the tax payer would never have been in the equation directly. It would have not been pain free to us little folk but at least the pain would have been understandable. This BS gov't intrusion in our lives is worse.
This woman only mentions the role of the Federal Reserve as if it were only an accessory in robbing everyone blind. Wall Street is not the primary problem. Did her panel find out who owns the Federal Reserve? Or, where our gold at Fort Knox and elsewhere is now? Or, what the percentage of the Fed's IRS's collection efforts goes directly into the Fed/private central bankers pockets? If analysis by a middle-aged woman does it for you, better off searching Catherine Austin Fitts.
teerexness 3 weeks ago
Can we mount a citizen-nominated presidential candidate? (I know this would be an extremely radical idea in our pretense of a "democracy").
I NOMINATE ELIZABETH WARREN FOR PRESIDENT IN 2012. Anyone agree with me, vote up.
dendryite 1 year ago
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It was an inside job. The banks load up on billions of dollars in bad assets insured by AIG, while the Bush gov looks the other way. Then the Bush gov yells CRISES! The sky is falling unless the tax payers pony up hundreds of billions of dollars. Then the banks and their investors get PAID OFF IN FULL! CHA-CHING! What a heist!
DojoNDude 1 year ago
Obama must have been drunk when he hired Warren - as far as I can tell she's the only competent appointee he has.
bnfox 1 year ago
@bnfox Warren was not appointed by Obama. The 5-member Congressional Oversight Panel was determined as follows: the Speaker of the House, Senate majority leader, House minority leader and Senate minority leader each appointed one member, and a 5th member was appointed by consensus. Warren was recruited by Harry Reid, the Senate majority leader, before Obama had even won the election in 2008. She was chosen to be chair by a majority of the other panel members.
Seasass 1 year ago
@Seasass -thanks for the info - very informative. Now I can say - Harry Reid must have been drunk when he recruited Warren - as far as I can tell she's the only competent appointee in the Democrats' administration. And that will save me the trouble of blaming Obama - I generally like to blame Clinton and Bush for everything anyway.
bnfox 1 year ago
@bnfox You landed on your feet, very well, my friend. It was probably an accident that Reid appointed her. He has the wit and intellect of a small soap dish.
bertly71 1 year ago
@Seasass - and I would also say that Warren would have made a great replacement for any - ANY - of Obama's Goldman Sachs/ Keynesian Clown alumni club of banker bootlickers he calls an economic team. It's still not too late except it would probably really piss off his handlers.
bnfox 1 year ago
one of the last people I trust in Government.
polarbeach 1 year ago
short version-screwed
ABETRMAN 1 year ago
Oop's we bad, but it will never happen again!
DaleElder11 1 year ago
SNAFU
To big to fail survives
Us little people suffer at corperation's expence no matter the cost.
They get billions, We get unemployed, forclosed on and 20+% intrest on credit cards for not having ANY late payments.
Yup were #1. U.S.A.! U.S.A.! U.S.A.!
43837388 1 year ago 4
Look around, the depression is already here. Main street is bleeding out and dying. No work, uncertain job prospects, no credit, wealth evaporating, food prices rising (also called inflation). Those greedy banksters and corporations need to fail. America needs to rediscover the Consitution and get back to basics, like production, limited government, and let the world take care of itself for a change. Imagine that!
johnboysrevenge 1 year ago 4
Hang Hank Paulson for treason! He's is simply a sociopath and enemy of America. It's that simple.
JejuLee 1 year ago 3
The American people have been ripped off and robbed blind at the hands of the banking cartel and corrupt bought and paid for politicians. Nothing has changed..
This whole financial reform is a big ass scam, government spending and FED money printing is the eCONomy now.
There is the June update.
Ben Bernanke, Hank Paulson, and Turbo Tax Timmy Geithner all belong in prison.
UU361 1 year ago 9
I SAY THAT ALL POLITICIANS THAT VOTED FOR THESE BAILOUTS, BE VOTED OUT OF OFFICE.
bertly71 1 year ago 6
@bertly71
"Too big to fail, is NOT the American way. "
GammaSigmaBeta 1 year ago
@GammaSigmaBeta Agreed.
bertly71 1 year ago
Should have allowed it to go to Bankruptcy. Companies enter bankruptcy all the time. Some come out and live, some come out and die, some never come out and are liquidated. Whichever, the tax payer would never have been in the equation directly. It would have not been pain free to us little folk but at least the pain would have been understandable. This BS gov't intrusion in our lives is worse.
bamatecangel7 1 year ago 2
Don't you wish every investigation into governmental actions were as forthcoming as this presentation?
Elizabeth Warren is a peach
BugsMr123 1 year ago 11
This is fraud.
larnem 1 year ago 2