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
Google

Reply #57: Exactly ... this is all the result of corrupt government ... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-11-10 11:19 PM
Response to Reply #26
57. Exactly ... this is all the result of corrupt government ...
which permitted these banks to go on a crime spree --

and they rewarded them with loans and guarantees they could not

have gotten otherwise --- thus keeping their banks open and

allowing them to reward themselves with new bonuses!!

Further, many of the banks took this money at 0% and then turned

around and invested it in Treasury securities at .035% and .04%

interest --

That should be illegal and all the funds returned to the American taxpayer!!

Also, the calls were for NATIONALIZING these banks and Obama well knew that --

but stonewalled it -- as Rahm acknoweldges.

Printer Friendly | Permalink | Reply | Top
 

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

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
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