The Banker Bailouts - Michel Chossudovsky on Economics 101

Michel Chossudovsky, the director of the Centre for Research on Globalization, sits down with The Corbett Report to discuss the real meaning of the banker bailouts. For more information and economic analysis, please visit:

http://www.globalresearch.ca

Category:

Education

Tags:

• economics
• 101
• banker
• bailout
• obama
• bush
• trillion
• speculation
• derivatives
• fraud
• military
• industrial
• financial

[tarossi400]

In short, you are a slave and the big banks are your masters.

[Lightshammer]

So when are we going to DO something about it? Is it not obvious that the media, pseudo-government and Banks are behind our demise? When are we going to storm their buildings and put these criminals where they belong?

I thought the constitution demanded we protect it from ALL enemies; foreign AND DOMESTIC.

Get rid of the international & wallstreet banksters and all their ilk. Don't stop at a few, get their "BALLS TO THE WALL! C'mon man, lets stand up all o'er the world!!!"---Accept.

[MELISSA84008]

@Lightshammer Wall Street Aristocracy Got $1.2 Trillion in Fed's Secret Loans" blacklistednews(DOT)com/Wall_S­­treet_Aristocracy_Got_%241.2_­T­rillion_in_Fed%27s_Secret_Lo­an­s/15331/0/0/0/Y/M.html

[1Openminded1]

@Lightshammer well said. i'm with you.

[sssssjjjj1]

off with their heads.

[uturniaphobic]

the way I hear it, the banks used and are still using most the bailout money to buy US treasury notes which pays interest on US loans, interest paid with US income tax collections. In other words, they took money from future kids and bought T-notes to have us all pay them interest now. interest now using money from the future...how wild is that?

[3girlsmom]

We are only slaves if money is our master. However we need to to protest like they are around the world and tell our government where we stand as a people! We also need term limits, our government officials aren't working for us!

[NewWorIdKnowing]

Best explanation I ever heard!

[Kalydosos]

I'm not an economist, but why didn't they just bail out American/EU citizens credit card and mortgage debts?Instead of giving it to Banks that are going to kill us all.

[solojam]

lol dudes turrets kicks in around 5:00