Chicagoans Protest Big Bank Summit.
Top Comments
All Comments (34)
-
I have posted this youtube at piggybankblog com under "our protest. Piggybankblog come was created for all those who have been abused by Bank of Destroying America.
-
idiot
-
End the Federal Reserve.
-
See my Channel for more and the nationwide bank protests coming in November !
-
I am voting for you to be the key note speaker at the "May Day million mortgage victim march" in downtown Chicago next May 1st. Plans are in the works to march from Obama's residence in Hyde Park to the Federal Reserve Bank in downtown Chicago, and then on to the NBC studios. We'll see if they can ignore a million people paralyzing the streets of Obama's home town. NO POLITICIANS WILL BE ALLOWED TO SPEAK. There will be no lies on that day.
-
SCHEME:
1. Rezone cheap farmland to residential (government)
2. Build cheaply constructed houses and promote as American Dream (Wall Street builders)
3. Create dangerous financing anyone can get (Wall Street banks)
4. Package loans and sell as Triple-A securities (Investment Banks)
5. Create unregulated insurance swaps against loans, then sell worldwide against sub-prime loan products (AIG)
7. Raise interest rates 17 times, pulling the prop out from under housing market (Federal Reserve)
-
FutureWallStreeter - nobody forced the banks to lever up 30, 40, 50, 60:1 and then get caught with their pants around their ankles either. The regulators (paid for by taxpayers) looked the other way, prosecuted no one while this was going on. The Enron boys behind bars must be shaking their heads - they're in jail for doing what these Wall Street bankers just got away with, using off-balance sheet vehicles to appear to be richer than they are so as to sell their stock. The biggest heist ever!
-
FutureWallStreeter - the FIRE (finance, insurance, real estate) industry has taken over America. Research has shown that people from these sectors are less ethical, less moral. What are they producing that will greatly benefit society? They are essentially salesmen who are driven by dreams of high commissions and bonuses.
The real jobs in manufacturing (what America was) are gone, outsourced overseas so that corporations could get richer. Wall Street = greed, pure and simple, nothing more.
Blame victims of wall street fraud & gvt corruption. People COULD afford their mortgages when they applied, the homes appraised & they had jobs, equity & savings. This was stripped away as interest rates, property taxes & insurance shot up, & the real estate market ground to a halt. Related jobs evaporated then people WERE FORCED to tap their savings/equity. IDIOTS who blame victims are doing the governments work acting as a smoke screen.
daringflame 2 years ago 4
Wake up America - you're not going to hear what's going on from the media. They're all owned by corporations. Obama hasn't done anything because he's not running the show. He is surrounded by Rubin, Summers, et al, as was Clinton and Bush, and corporate America has taken over Washington. Most of the people in key positions are ex-Goldman Sachs people.
Wake up, America. Get on the Internet, start reading. You will be shocked.
mutantwhalesux 2 years ago 3