Yves Smith: Debt Ceiling Extortion

Yves Smith: The finance sector used extortion against the American people in 2007-09 and are doing it again now

Category:

News & Politics

Tags:

• banks
• finance
• wall
• st
• credit
• debt ceiling
• obama
• gop
• default
• deficit
• economy
• economic
• crisis
• collapse
• dollar

[taxisgay12]

I don't give a fuck what color,religion or whatever you are----"don't move or the nigger gets it"applies to everyone not in the big club as George Carlin outlined.IT IS ALL RIGGED.Be creative and find a way around it.

[sgtcojonez]

Yves Smith is kinda hot

[zavindur]

@ENDAMERICASOON its strange how opposite the two sides are- on one, it says that the government has immunity to bankruptcy (... like Iceland?). I am trying to understand this viewpoint- if they print up money, then its not worth as much- but it sounds like inflation doesn't occur when the government prints up money then?

I think people will become numb to the word crisis soon, when there is a crisis i don't think people will listen.

[zavindur]

@GabrielHaze hahaha, i bet you pay nothing, not even a percentage in taxes. Who thinks that a politician cares about them?

Abortion should be legal until they're age 18; society treats children like sub-humans, cute little animals- just put them to sleep if you don't want them. Lets be honest and just legalize it until someone is no longer considered a child.

Gays have the right to seek treatment- oh wait, they stopped that research to find a cure, darn.

[mssnrykd]

@GabrielHaze What is their fair share? Also, while you're at it define "RICH"?

"Your only security in life is what you can go out, kill, and crag back to the cave."-Dave Ramsey

[MrFlashInvader]

The USA is spending an eye watering $2.5bn a day (Yes a day) on fighting wars when the USA is not even under attack but they don’t seem to put that on the table when they talk about debt spending and stopping people pensions who have paid for them all their lives.

Time to take to the streets me thinks

See Full story on FlashInvader,com

[tstruss912]

@sgtcojonez For her age, sure.

[tstruss912]

Why is the CIA not killing the Tea Party terrorists?!

[roncram]

Have you seen the list of banks Obama gave money to?

Citigroup $2.5 trillion

Morgan Stanley $2.04 trillion

Merrill Lynch $1.95 trillion

Bank of America $1.34 trillion

See page 131 of the GAO report.

Obama wants the rich to be rich and the poor to be poor (so he can keep them dependent on universal healthcare). Obama is completely destroying the middle class who do not want big government. Time to end the corporate welfare and time to throw Obama out!

[GabrielHaze]

Hey people! The RICH do NOT pay their fair share. So why do all of you continue to support these slave drivers?!!! The jet they promised you is never coming!

You are all apathetic, idealistic individuals that think politicians care about you. If they cared, then this country would not have the rate of problems it currently has. However, if you are all happy with how things are... then keep fighting about abortion and gay rights, because in your friggin heads that puts food on the table.

[sgtcojonez]

@jhi1947 Hahahahahaha

[ENDAMERICASOON]

Once again the government used a false flag type event to get what they want. the bottom line here is to make cut to entitlement. The poor sheep really think that this government could go bankrupt in 2011 so they are going to beg for a raise in the debt ceiling which carries a hidden agenda,cutting entitlement. Wow love american politics. Playing chess with the people and the people have no clue. I love it. ha ha ha ha ha ha.