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Thread: Secrets of the Bailout, Now Told

  1. #11
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    Re: Secrets of the Bailout, Now Told

    Quote Originally Posted by jambalaya View Post
    How much of these loans have been paid back? Will the government ever get paid back? So what is this article telling us? We already knew a bunch of banks got bailed out. I have such a small attention span when it comes to reading financial news and analysis.
    Remember Occupy Wall Street? This was the point they were trying to make before the homeless people took over.

    We, the public, loaned the banks trillions of dollars at almost no interest. The banks then took those near 0% interest loans, and loaned them back to us at interest - netting them around $13 billion straight from our pockets. ****ing a.
    Ted Cruz is the dumbest person alive.

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    Outer space potato man

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    Re: Secrets of the Bailout, Now Told

    Quote Originally Posted by Thunder View Post
    err....the Fed only has around $4 trillion assets. How did they lend $7 trillion???
    I don't think anybody knows. At this point they're all just making ****ing numbers up.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Secrets of the Bailout, Now Told

    Quote Originally Posted by Deuce View Post
    I don't think anybody knows. At this point they're all just making ****ing numbers up.
    Pretty good arguement for a full audit.

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    Re: Secrets of the Bailout, Now Told

    Quote Originally Posted by 1Perry
    Sarbanes/Oxley? Where is the government in enforcing it's regulations? Oh yeah, they are encouraging the banks pulling to wool over the eyes of their investors to indeed not divulge this information.

    This is why it is not the fault of the banks or the government alone but both of them. It should be noted again that not only did they get this money for nothing, the Fed then paid the banks interest on the money while it was not being used. So we actually paid the banks to take this money.
    You're talking about the banks and the government like they're somehow different institutions at this point. They are not. They are now, and have been for a while, a massive conglomerate entity.

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    Re: Secrets of the Bailout, Now Told

    In Europe the banks help the countries. Here the government helps the banks. I think we have it backwards.

  6. #16
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    Re: Secrets of the Bailout, Now Told

    Remember Occupy Wall Street? This was the point they were trying to make before the homeless people took over.
    OWS didnt seem to have an organized point.

    We, the public, loaned the banks trillions of dollars at almost no interest. The banks then took those near 0% interest loans, and loaned them back to us at interest - netting them around $13 billion straight from our pockets. ****ing a.
    And here lies the problem. The government, banking industry, and big business have got it all twisted and running in circles. They regulate each other and do what they want. All the while scraps trickle down to keep most quiet and calm.

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