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Young Turks: Paulson Told Wall Street Fannie & Freddie Bailouts Coming

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CherylK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 06:44 PM
Original message
Young Turks: Paulson Told Wall Street Fannie & Freddie Bailouts Coming
 
Run time: 04:58
http://www.youtube.com/watch?v=HcwdQ-3_ueA
 
Posted on YouTube: November 30, 2011
By YouTube Member: TheYoungTurks
Views on YouTube: 16024
 
Posted on DU: December 01, 2011
By DU Member: CherylK
Views on DU: 1203
 
Former Treasury Secretary Henry Paulson hedge fund managers Fannie Mae and Freddie Mac would be bailed out in secret meetings. The Young Turks host Cenk Uygur explains the implications.

Source: http://www.bloomberg.com/news/2011-11-29/how-henry-paul...

Subscribe to The Young Turks: http://bit.ly/eWuu5i
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libodem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 07:09 PM
Response to Original message
1. If this doesn't piss you off
You weren't paying attention.
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onwardsand upwards Donating Member (4 posts) Send PM | Profile | Ignore Thu Dec-01-11 08:48 PM
Response to Reply #1
2. If you're pissed off, then ACT!
People in the USA already have a democratic structure in place, which still has the power to fix these problems.

But you have to USE IT!

As time clicks by, those with private power are, slowly but surely, dismantling the structure of public power.

They prefer the structure of corporations, which are purely authoritarian.

Organize public meetings in your community, and force your elected officials to answer to their communities -- instead of their parties and their private sponsors.
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AtheistCrusader Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 09:30 PM
Response to Original message
3. The government is manipulating the markets left right and center.
Individuals and corporations (aside from central banks) would be PROSECUTED for doing what the central banks and our government are engaged in. It is overt market manipulation. Racketeering on a grand scale. Conspiracy. Fraud.

But the band plays on.
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JJW Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 10:19 PM
Response to Original message
4. What really was happening....
is that they stole everyone's pensions.
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libodem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-02-11 12:54 PM
Response to Reply #4
5. And our home
Equities.
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