What are Banks Doing with the Bailout Money? - Neel Kashkari

[Foreshadow44]

If the US government gets debt currency from the Fed then when we did the bank bail out why can't we loan them the money and jack up the interest on them.

[FxOxC]

ANARCHY!!! IT'S THE ONLY ANSWER WE MUST UNITE AGAINST THE GOVERNMENT STOP THE RACITS B.S. IT IS PLANTED THERE BY GOVERNMENT AND BIG BUSINESS!!!

[flushnut]

Thief, get off of my planet!

[ricsibacsi1956]

Watch this guy in the future and be very wary-know him for what he is.

[zokeman]

What the hell is banks so cautious about? It's not their money! So what they just hold it, invest in other things, or send it overseas to gain interest while small businesses suffer? That is stupid!

[uberster]

holy shit mega crooks

[Glenn666]

Criminal bastard

[sysopkc]

Hahahha I remember when this asshole spouted all this garbage. HA! Well its now October and its clear what a lying dumb, asshole this guy really was. Dollar index just bumped 75 and looking lower, thanks asshole.

[PickledRed]

...

[strannick32]

Watch him speak, listen to the words, and learn what a liar sounds like.

[buzzadler]

this is the biggest bunch of BS i've ever heard. This guy came strait from goldman sachs ...in case it isn't obvious.

[martialarm]

We are at that time where no-one will believe him. As soon as I saw he was a government spokes person I knew he was only going to lie. What a State America is in today.. A disaster..

[tueulator]

who wrote the shit this guy is reading?

[jackooboy1]

Does anyone believe the government?

[uwejuwe]

I like how he says banks shouldn't participate in bad lending practices yet the FED has a stranglehold on our financial system.

[adamproskiw]

Neel you have sold your soul.

[blt40]

What are Banks Doing with the Bailout Money? there stuffing there greedy pockets with it as fast as they can.

[mikyj905]

they are saving it so they can buy up everything when property prices drop....i think

[budb11]

Kashkari is a sell out. He says important protections were put into the bailouts, but he does not specifically identify how the funds were spent so that we, the people, can decide if the protections are appropriate or not. That, my friends, is fascism. Screw Kashkari and his bankster masters!

[FkyGGGG]

Neel Kashkari = FAIL...."Monkey"

[ronvonhesse]

bush put this asshole in charge.. and just listen to how he is already defending the banks..... complete asshole....i hope obama fires him immediateley

[sugarpuddin88]

The FED, acting as bartender, gives out free booze to the bankers

The banks in turn have created many fake instruments like derivatives

One quadrillion dollars is the sum of outstanding fake derivatives (fake money pledged by the wealthy banks to buy real things) 1,000,000,000,000,000 on the market, (e.g. a bank with only one real dollar can legally say it owns several billions of real dollars) The total combined assets of the world is only actually a very small fraction of that sum!

[sugarpuddin88]

We are at the non-sustainability point of Democracy!

The Pattern that put the banking Mafia in Charge: Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act; Sarbanes-Oxley Act of July 2002; lifting of leveraging rules; TARP; elimination of the Uptict Rules; FED now rules commodity market = electronic counterfeiting of commodities (ending of 5th Amnd constitution of title):

Counterfeiting of securities is the new drug!

[sugarpuddin88]

CIA dir nominee Greenburg is CEO of AIG; Ret CIA dir Slatkin is on Citibank board; Ret CIA dir Deutch boards Citigroup; CIA Exec Dir Krongard profited in millions off 911 insider trading & Chaired investment bank A.B. Brown & Vice Chair of Banker's Trust; VP of NYSE Doherty is x-CIA; CIA Dir Casey chairs SEC; Bush Sr worked CIA since 63 & chair investments with Bin Ladens, younger Bush runs WTC security (allowed 6 days w/out security prior to 911), only money Lil Bush made was through Bin Ladens

[xkeltoix]

how about banks operate in a capitalist environment as opposed to a corporatist one.

[sugarpuddin88]

xkelt

The government couldn't get FEMA right; nor Mortgages right

So now we want them to run AIG & the banking industry!

The USA is completely bankrupt!

Only the ignorant American sheeple don't know it yet

Americans have the government they deserve!

[xkeltoix]

correct. anyone who believes government can give satisfactory *anything* is part of the problem.

[sugarpuddin88]

ekeltoix

Did you notice: Weve increased the Money Supply 70% since October!!!!!

Can you imagine?!

Bernanke refused to show up the other day before congress!

[xkeltoix]

nothing shocks me anymore

[jlettuce07]

Hyperinflation FTW?!

[sugarpuddin88]

Ron Paul announced today that the so-called Stimulus package will cost every single American $6000

Can't they just give us the money and shut down?!

[jlettuce07]

That's on top of the last stimulus package and the bailouts. Overall, it's costing us most of our future income.

[WONDAWOMAN]

put EXEMPT on your i-9S AND DON'T GIVE THEM %*^*& !!

[silversalvo]

That's right, Banks are in the business of lending money expecting dividends in return.

So you get taxed to bailout the institutions , that promoted gas & housing over speculation, which ended up being a bad gamble ... errr "Investment" , which cost you your job. Which means now you need to borrow , at interest ,YOUR money in order to feel "confident" and start buying crap again.

The system works!

[bubbs747]

"YOUR CHILDREN AND YOUR CHILDRENS CHILDREN ARE GOING TO BE PAYING THIS OFF"...is SLAVERY.

[FRTothus]

Corporate tool, fascist lackey.

[MORECOWB3LL]

This guy has earned a one finger salute!

[bar730]

Can we please try all these people for treason NOW?!?....Including this international bankers puppet.

[LeGioNoFZioN]

there should have been failure and the suffering that accompanies that. That would be the natural way, by not intervening, that would make way for better stability in the near future

[LTBL88]

Don't listen to a word this snake says

[y2raza]

Kashkari=chump

[Finn001abd]

No taxpayers money should have been given to the banks. Instead a national bank should have been created.