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if our private finances were this messed up, we would be in a lot of trouble, but if big corp,banks do it then fine?
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Why? Because, thanks to the Fed continuing to guarantee there debt and printing money to buy there junk, they will be declaring their biggest profits ever over the next few years. If the government keeps them in TARP, the poor CEOs will confined to merger millions instead of the 100s of millions they could be siphoning off in bonuses. Thats what these bankers really spend their days worrying about.
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This administration has zero credibility on this, especially Geitner & Bernanke. Banks that were too big to fail are now even bigger! Now that they have been bailed out; the JP Morgan's of this world suddenly want to pay back the TARP money.
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Gee Cenk, you and the "progressive" mafia decided that Mr. Obama was the one who could be trusted.
Cenk should look in the mirror if he wants to see part of the problem.
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Flat out racism. America is still a very racist and divided country. Look at Glen Becks popularity. All of his followers are against what Obama does but they thought is was cool when Bush was doing it. At the "tea parties" notice how they were all held in rural, hick towns. They same people at the McCain/Palin rallies with monkey dolls and nooses.
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If that happens, and I agree it's definitely a possibility as it stands now, I don't know if gold and silver are going to save you ;)
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ya they are capable of evil. both parties are guilty. the two party system sucks which is why i lean toward the green party. hbu?
the one thing i wonder though is where was all this talk from non-liberals when banks were messed up under bush? now conservatives are against bailouts? please help me with that answer.
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Cenk, you are correct. Our financial sytem, and currency structure, are a house of cards. The day of reckoning will be worse than anybody anticipates and last longer than it should by historical measures. Every other currency failure was only a small portion of world economic activity. When the usd fails, nobody, and I mean NOBODY, will get in it's way. We, as an economic entity, are "too big to fail". Which means that when the inevitable happens, nobody will be able to help. Buy gold and silver
Banksters are gangsters!!!
777CARL777 2 years ago 11
"If you are too big to fail, you are too big to exist"
Exactly, finally someone saying it on national television. Reconstitute the anti-trust laws that have been destroyed over the last 50 years and make it retroactive. Don't let them hold the economy hostage again.
cg66079 2 years ago 7