You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #74: Venezuela Has Jailed Its Fraudster Bankers, U.S. Bails Them Out. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
justinaforjustice Donating Member (519 posts) Send PM | Profile | Ignore Tue Jul-13-10 06:50 PM
Response to Original message
74. Venezuela Has Jailed Its Fraudster Bankers, U.S. Bails Them Out.
President Chavez shut down the banks and financial institutions here in Venezuela that were using their depositors' money to speculate for their own personal gain. The Bush and Obama administrations bailed out the U.S. banks and even funneled money to Goldman Sachs for doing the same thing, to the tune of billions, if not trillions, of dollars.

Meanwhile, in the U.S. the administration claims there won't be enough money to pay full Social Security benefits without raising the age to receive payments. Of course, we can't increase the payments into SS from the very rich, we can only take benefits from the "little people". The U.S. does have plenty of money for two wars and 800 military installations in 75 foreign countries around the world, including seven new ones in Venezuela's neighbor, Colombia.

Venezuela nationalized or shut down the corrupt banks here -- and paid back all their depositors every cent they were owed.

When a government agency here (PDVAL) allowed foodstuffs, intended for the government subsidized markets, to rot in warehouses. Venezuela put the agency top officials in jail and are charging them for their malfeasance.

Americans can worry about Venezuelan bank laws after the U.S. government puts Summers, Geithner and the heads of the SEC who failed to regulate the big banks in jail. Don't hold your breath for that to happen.

If Chavez were in charge in the U.S., the heads of BP who cut corners on safety in order to increase their corporate profits would already be in jail, as would the government mining regulators who allowed BP to carry out its corrupt practices.

In Venezuela, policies are now designed to protect "the little people" not the rich corporations. The same cannot be said for the U.S., where citizens are suffering massive unemployment and now being deprived of even minimal unemployment benefits for the "sin" of being unemployed too long.

Printer Friendly | Permalink |  | Top
  -I just tweeted that everyone in Venezuela should withdraw all of their bank funds. Dreamer Tatum  Jul-13-10 03:07 PM   #0 
  - ?  myrna minx   Jul-13-10 03:08 PM   #1 
  - Actually no, you didn't.  Commie Pinko Dirtbag   Jul-13-10 03:09 PM   #2 
  - You mean I'm freer here than I would be in Venezuela? nt  Dreamer Tatum   Jul-13-10 03:11 PM   #5 
  - It would seem so.  Commie Pinko Dirtbag   Jul-13-10 03:12 PM   #7 
  - Buying alcohol while underage brings federal charges?  Dreamer Tatum   Jul-13-10 03:13 PM   #9 
     - So it's state instead of federal. Regardless, the reality is a bit harsher than that. -nt  Commie Pinko Dirtbag   Jul-13-10 03:19 PM   #17 
        - Reality might be 1% harsher.  Dreamer Tatum   Jul-13-10 03:23 PM   #23 
           - I didn't say prison.  Commie Pinko Dirtbag   Jul-13-10 03:24 PM   #26 
              - And beer is more valuable than free speech, as we all know. nt  Dreamer Tatum   Jul-13-10 03:25 PM   #28 
                 - Another thing I didn't say. Typical.  Commie Pinko Dirtbag   Jul-13-10 03:26 PM   #30 
                 - I like beer.  AngryAmish   Jul-13-10 03:37 PM   #46 
                 - That sounds like something from Poor Richard's Almanac....n/t  msanthrope   Jul-13-10 05:22 PM   #63 
  - good experiment!! n/t  Bacchus39   Jul-13-10 03:33 PM   #42 
  - You sure about that?  Hosnon   Jul-13-10 03:36 PM   #45 
  - As should everyone here, actually... At least, from the big, vampiric banks...  villager   Jul-13-10 03:10 PM   #3 
  - Left out a whole clause from my post: "As should everyone here with *American* banks!..."  villager   Jul-13-10 04:47 PM   #60 
  - Why would you do that ?  dipsydoodle   Jul-13-10 03:11 PM   #4 
  - Because I can, without fear of being arrested. nt  Dreamer Tatum   Jul-13-10 03:12 PM   #6 
     - For your next exercise in freedom, I'd like you to try the following:  Commie Pinko Dirtbag   Jul-13-10 03:18 PM   #16 
        - Boy, do you ever need to search Twitter sometime.  Dreamer Tatum   Jul-13-10 03:21 PM   #19 
           - Regardless of the inefficiency of prosecuting market manipulators in practice...  Commie Pinko Dirtbag   Jul-13-10 03:30 PM   #36 
           - Not unless the prosecuting government is ... *cue dramatic music* ...  Ignis   Jul-13-10 03:49 PM   #51 
           - Is it?  Hosnon   Jul-13-10 03:56 PM   #55 
              - Yes, it absolutely is.  girl gone mad   Jul-13-10 04:07 PM   #58 
           - And those people could face criminal charges if their intent is to manipulate prices.  girl gone mad   Jul-13-10 04:03 PM   #56 
              - OMG the SEC are communist dictators!!!11(atan(pi/4))1!!!  Commie Pinko Dirtbag   Jul-13-10 05:21 PM   #62 
  - Your thread didn't go as you expected. That's a shame. nt  EFerrari   Jul-13-10 03:13 PM   #8 
  - Deleted message  Name removed   Jul-13-10 03:14 PM   #10 
  - You seem to have a very troubled relationship to facts. Sorry about that.  EFerrari   Jul-13-10 03:21 PM   #21 
     - Once more, a fact isn't a fact unless you agree with it.  Dreamer Tatum   Jul-13-10 03:24 PM   #27 
        - The Faux defense.  EFerrari   Jul-13-10 03:26 PM   #29 
        - No, it's a mistranslation.  AngryAmish   Jul-13-10 03:39 PM   #47 
  - Facts are so inconvenient. n/t  Cleita   Jul-13-10 03:14 PM   #11 
     - I think "fact" in Spanish must translate into "opinions I like." nt  Dreamer Tatum   Jul-13-10 03:16 PM   #12 
        - There were other articles posted in English or don't  Cleita   Jul-13-10 03:16 PM   #13 
        - And those are factual, too, I suppose...  Dreamer Tatum   Jul-13-10 03:18 PM   #15 
           - They say there is a law against spreading lies  Cleita   Jul-13-10 03:21 PM   #20 
              - So again, we are much freer here than in Venezuela, as no such law exists here.  Dreamer Tatum   Jul-13-10 03:23 PM   #24 
                 - You might want to check with the SEC about that before you tweet again.  EFerrari   Jul-13-10 03:27 PM   #32 
                 - If the SEC had issues with people disparaging public companies. Walmart would own DU.  Dreamer Tatum   Jul-13-10 03:29 PM   #34 
                 - Wal-Mart is a bank? Go figure. n/t  Cleita   Jul-13-10 03:32 PM   #39 
                 - Wal Mart is a bank  AngryAmish   Jul-13-10 03:40 PM   #48 
                 - Call me back when somebody posts something like...  Commie Pinko Dirtbag   Jul-13-10 03:32 PM   #40 
                 - If the SEC had issues with people disparaging public companies. Walmart would own DU.  Dreamer Tatum   Jul-13-10 03:30 PM   #35 
                    - Disparaging public companies is not the same  EFerrari   Jul-13-10 03:32 PM   #41 
                 - Really, just how free are we?  Cleita   Jul-13-10 03:28 PM   #33 
                    - "Hey, look over there!" nt  Dreamer Tatum   Jul-13-10 03:31 PM   #37 
        - now translate clueless fuckwad  frylock   Jul-13-10 03:56 PM   #54 
  - Political spam must pay well  wuushew   Jul-13-10 03:17 PM   #14 
  - My self-esteem depends not on recs, alas.  Dreamer Tatum   Jul-13-10 03:19 PM   #18 
  - What a childish OP. It's disturbing to see something this vacuous on DU  Catherina   Jul-13-10 03:22 PM   #22 
  - Just posting my opinion on Twitter, as I am free to do, unlike in certain other places  Dreamer Tatum   Jul-13-10 03:27 PM   # 
  - Tweet away. This is most amusing. The comic relief is priceless n/t  Catherina   Jul-13-10 03:48 PM   #50 
  - I don't think the OP could tell us what Hugo Chavez  Cleita   Jul-13-10 03:34 PM   #44 
     - You noticed that too?  Catherina   Jul-13-10 03:55 PM   #53 
     - If Dreamer was such a huge human rights defender  EFerrari   Jul-13-10 04:05 PM   #57 
  - I remember when I was 7. Those were great times.  Forkboy   Jul-13-10 03:23 PM   #25 
  - We had to make prank calls with a landline, though. Ah, ancient history!  Ignis   Jul-13-10 03:44 PM   #49 
  - You ate my play-doh, remember?  Call Me Wesley   Jul-13-10 03:52 PM   #52 
  - I've Got a Serious Question for You  On the Road   Jul-13-10 03:27 PM   #31 
  - Actually, a better test would be to tweet to everyone  Cleita   Jul-13-10 03:31 PM   #38 
  - Is it OK with you if we fix the problems in the US first?  EstimatedProphet   Jul-13-10 03:34 PM   #43 
  - As long as Venezuela has all that oil that BP  Cleita   Jul-13-10 05:24 PM   #64 
     - Oil Republic, to update an old phrase...  EstimatedProphet   Jul-13-10 05:29 PM   #66 
     - Yep. nt  laughingliberal   Jul-13-10 06:15 PM   #69 
  - OTOH. in many ways, the Venezuelans have more freedom than we do.  bvar22   Jul-13-10 04:27 PM   #59 
  - +1000  Cleita   Jul-13-10 05:20 PM   #61 
  - Muchisimas gracias, bvar22!  Octafish   Jul-13-10 06:08 PM   #68 
  - Thank you, bvar22. nt  laughingliberal   Jul-13-10 06:16 PM   #70 
  - "I hope it migrates to El Norte soon."  leftstreet   Jul-13-10 07:08 PM   #76 
  - I dont see a single post with "Venezuela" and "bank" on Twitter in the last 5 hours  FreeState   Jul-13-10 05:24 PM   #65 
  - Maybe he dreamed he tweeted it. nt  laughingliberal   Jul-13-10 06:18 PM   #71 
  - Oh whoopee, another anti-Chavez fanatic arguing like a right winger  Lydia Leftcoast   Jul-13-10 05:49 PM   #67 
  - Cuba and Venezuela aren't big on freedom of speech.  jimmyflint   Jul-13-10 06:32 PM   #72 
  - See my post #67  Lydia Leftcoast   Jul-13-10 06:50 PM   #73 
  - Venezuela Has Jailed Its Fraudster Bankers, U.S. Bails Them Out.  justinaforjustice   Jul-13-10 06:50 PM   #74 
     - "President" Chavez is a two-bit dictator  Fast Dude   Jul-13-10 07:06 PM   #75 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC