The Secret $7.77 Trillion Bailout

Nov 30, 2011 07:55

Apologies if this story was posted here already; I couldn't find a post on it.

Now we've all heard the lie statement that the Tea Party began as a cultural backlash to a new President, who to conservatives was the face of a changing America that scared them protest and backlash to the 2008 TARP program even though no conservative protests occurred ( Read more... )

article, stimulus, fraud, finance

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Comments 129

the_rukh November 30 2011, 13:12:02 UTC
I wonder if we can get a total percentage of that which was used for propaganda against financial reform.

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mrbogey November 30 2011, 13:13:17 UTC
I'm glad you struck out the blatently false stuff in the first paragraph.

Tea Party won't join the Occupiers because the TP isn't advocating a stronger gov't that has total control over the financial sector.

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Re: Occupy Memphis, Tea Party Members Meet rick_day November 30 2011, 16:08:24 UTC
Intoning absolutes, then getting called out on it.

What's the penalty for that?

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Re: Occupy Memphis, Tea Party Members Meet gunslnger November 30 2011, 19:41:11 UTC
Pete Dresser, 68 and retired, said the meeting confirmed what he believed about the Occupy movement.

"It's a ramshackle movement that is not organized, not focused and more emotional than purposeful," Dresser said.

Good to see they got their message across.

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the_rukh November 30 2011, 13:14:49 UTC
Yeah that's the other thing. CEOs getting 7 figure salaries? WE are paying them to screw us.

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allhatnocattle November 30 2011, 15:12:01 UTC
dry fisted multiple times backdoor screwing

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hikarugenji November 30 2011, 13:54:52 UTC
I just don't understand how people can read this kind of article, coupled with the fact that only the richest people have seen their income and wealth grow in the last 30 years, and *not* believe that there's something wrong with the influence the wealthy have over the government.

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hikarugenji November 30 2011, 15:15:49 UTC
The problem is not the initial bailouts, which I actually reluctantly agreed with, but the fact that they were accepting bailout money while simultaneously spending money to convince lawmakers not to increase regulation on them to prevent this kind of thing from happening again.

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johnny9fingers November 30 2011, 15:18:46 UTC
….And fraudulently claiming to be healthy, and giving their executives huge remuneration on the basis of that good health.

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kayjayuu November 30 2011, 14:07:58 UTC
I'm sorry, I really can't get past your second paragraph. Nobody made me drive a hundred and twenty miles to attend a rally before whatever the Tea Party became that requires the regurgitation of such drivel. Despite whatever the current iteration of "here's why the Tea Party is a lie and you should hate hate hate anyone who utters the words without spitting" is, there really was/is a basic foundation of everyday people who have just. simply. had. enough. of this fucking government. Forget whoever is the president, it was CONGRESS and the shadow FED that bears the brunt of our anger.

If you sincerely want people like me (and I am NOT a Tea Party member, whatever that is, but I do relate to the reasons behind the movement in the same way that I relate to some of the reasons behind OWS) to join people like Occupy Wall Street members (whatever that is), then you need to get over the disparaging remarks and seek common ground. Otherwise it's divide and conquer by The Powers That Be, just like they want it ( ... )

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blueduck37 November 30 2011, 14:11:22 UTC
Yes, that helps. I appreciate the feedback, even if critical.

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kayjayuu November 30 2011, 14:54:54 UTC
You're welcome. And I appreciate the sentiment behind what drives you.

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