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Reply #89: But the banks and stockholders are all that matters. "Public support", not so much. [View All]

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riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 11:23 AM
Response to Reply #73
89. But the banks and stockholders are all that matters. "Public support", not so much.
Your solution presumes the PTB actually care about the public or public support. I'd say they don't. In fact, I believe they'd brazenly stick their middle finger up at anyone who dared question them as they bailed out the banksters and stockholders. Geithner, Paulson, Bernanke et al would be trotted out again with the full range of Dems and Rethugs lined up behind them solemnly proclaiming "too big to fail", "avert global economic catastrophe", and my favorite "hours away from fiscal meltdown" or some nonsense along those lines. They believe we don't understand what's happening and they can run their scam again, socialize the losses and privatize the gains.... (again).

The Robert Reichs, Elizabeth Warrens and Paul Krugmans would be vilified once again for their outrage. Perhaps, PERHAPS the OWS protesters have a clue of what's going on and could amplify their alarm but I believe it would be for naught. The major economic players are on the hunt for every last bit of cashola out there.

Howling about the FDIC going down would be terrific theatre for the right wing talking heads and I believe letting the FDIC go down (one of the few govt institutions most Americans actually understand and like) would be manipulated by the Rethugs to maximum political effect ("your savings insurance has just been wiped out by the socialist President Obama11!!!!111")

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