November 20, 2008

Naomi Klein - bailout is "trillion dollar crime scene" and "borderline criminal". Yup. That about sums it up.

31 comments:

Anonymous said...

Reid, Dodd, Paulson, Pelosi: the time for a perp walk will come!

vanilla ice said...

"Borderline criminal"

No she's wrong. It is absolutely criminal. It is the greatest theft of our time.

We lost. Bercracky, Paulson, Schumer, Bush conned a nation again. And to think people were cheer leading the bailout and Wall Street was holding a gun to our heads or else.

TARP was supposed to be the solution, and look what it got us.

Anonymous said...

The banksters, the one worlders have completely taken over. Bought both parties and are looting and pilliging the treasure of the united states in broad daylight. The messiah like Booooooosh could give a rats ass as their cut of the take will be enormous. This will end in civil war.

vanilla ice said...

It's great how every time Bercracky tries to stop the stock market from falling by lowering interest rates, the stock markets just blasts furthers down without missing a beat.

consultant said...

Keith,

You've said it, I've said it, a few others have said it. But hardly anyone in power, including Obama, have said it.

Wire fraud is a crime. It is/was rampant in the housing/financial sector. People and institutions are going to have to be indicted, convicted and sent to jail. Tens of thousands of people.

Then and only then will we start to see some semblance of trust restored to financial transactions.

If that doesn't happen, you can start calling us the United States of Latin America.

Anonymous said...

Instead of letting all the gamblers
of their World take their punishment,as they should of ,and let the lawsuits begin ,the government sought to change the
bag-holders by Obstruction of Justice Bail-outs ,in the best interest of special interest groups .

Standing law was already set up to
determine how the loss would be taken . Instead of conducting neutral investigations the Government proceeded to call in the Market Makers/fat Cats and asked them what should be done in these public displays of Congressional hearings .

FlyingMonkeyWarrior said...

Why in the hella are these people JUST now seeing it??? I watched the hearings on the bail out when congress voted against. I was on the edge of my seat! Why only JUST NOW IS IT NEWS!!!!!
We tried to stop it. This is not a new story. No offense to you Keith, I am talking about MSM. So aggravating.
Our Nation was destroyed on September 18, 2008.

Anonymous said...

I love this brave and courageous woman. If our leaders had but a fraction of her strength, courage and integrity, we may have survived. Unfortunately, I fear that her amazingly insightful analysis is but an epitaph of our impending doom. Damn this government and its financial parasites!!!

Anonymous said...

If you haven't read The Shock Doctrine yet, what are you waiting for? Turn off the TV.

Tony said...

Guerrilla marketing in pursuit of peace and justice. By far one the
best projects I have worked with so far and the most fun. A black man will never become president and George Bush will continue his days on earth in freedom.

Not if we have it our way. Kids should do this at home.

Videos from the Archives occupation 11/15/2008 Washington DC.

http://tinyurl.com/57hqlv 1 of 5 first banner drop

http://tinyurl.com/6jfdwm 2 of 5 surprised security

http://tinyurl.com/5stl7h 3 of 5 song

http://tinyurl.com/67gkxq 4 of 5 second banner drop "People got the Power"

http://tinyurl.com/5e4o5n 5 of 5 MLK Riverside NYC 4/4/1967

STORY
http://vfpdc.blogspot.com

yu been skooled said...

Kids,

Bipartisan dela reached on aid to automakers.

As I explained to you amateurs, the GM bailout was a done deal. The "debate" was great and vigorous theater.

I won't even call it a prediction that came true, since it was a foregone conclusion.

Pay attention, and maybe you'll learn something.

Class dismissed.

Greasy Taxi said...

This is about as fun as my root cannel! I am curious to see, what will happen next. Will anybody go to jail? I am pooling my money on Mozilo but, come on! Wake up everyone.

Anonymous said...

SHENANIGANS.... FEDERAL MOTORS COMING SOON... but not needed according to OHIO natives..


http://www.cnn.com/2008/US/11/20/honda.town/index.html

Anonymous said...

Can't afford to enforce the law because it would delay the markets from recovering (at best) or drop (worst case).

Funny they use that as an excuse because it is exactly the lack enforcement that has caused this problem.

vanilla ice said...

"Our Nation was destroyed on September 18, 2008."

No, no, no, no. Our nation was destroyed on October 3, 2008.

Anonymous said...

she sure can yammer on and on.

Anonymous said...

she talks about the banks not lending the money. and that is all true.

She should talk about why they aren't lending the money. One reason is that they are paying 5% on that equity investment and that rate escalates to 8%.

How the heck are banks suppose to loan that money out at 6% and make a profit on it? heck, wells fargo was forced to accept the investment money, they didn't want it.

Anonymous said...

HPers wished for the housing bubble to pop, now you will get the Great Depression. Glad you are all happy about it.

SeattleMoose said...

"It's a secret"....that about sums it up. Paulson and Bernanke robbed the U.S. to give themselves and their cronies even more money....and that is "the secret".

The CEO of Goldman's Sachs...with the keys to the treasury with OUR money in it! Geez, how bad can this get?

I wish that video of Paulson speaking would include a "crazed person" smashing him in the head with a baseball bat.

Dr. Huxtable said...

11/20/08 4:08 pm est
Just got my face handed to me in the stock market. Absolute free fall in the last hour. Wish I had waited unitl these levels to buy.

Anonymous said...

Dow under 8000!
Oil under 50!

We're right in the middle of the Great Unwinding. There is nothing that could be done to stop the natural collapse of the fake economy and fake wealth that defined American life in the past 30 years. It has to get a lot worse, before it gets better, and better will not be the same as before. There is so much wrong with America right now, that I don't want to get started: college tuitions, healthcare, the food and drug industry and their cronies at the FDA...

Anonymous said...

People are slaves and don't even know it. This is not hyperbole--Fiat Currency turn any citizenry into SLAVES. It is so blatantly obvious, if you think about it.

George L said...

this people will never spend a day in jail or will ever be convicted of any wrong doing.

give it up already,don't waste your time trying to change something you can not control.

worry about the things you can control only.

Anonymous said...

Housing Panic was about the bubble and all that was wrong with it. Hpers bought guns and gold and have waited for this day. It has come are you happy now?

vanilla ice said...

"Hpers bought guns and gold and have waited for this day."

It is a great day.

Anonymous said...

HPers wished for the housing bubble to pop, now you will get the Great Depression. Glad you are all happy about it.

-------------------------------

if only we hadn't talked about it none of this would have happened, right?

Anonymous said...

"...No, no, no, no. Our nation was destroyed on October 3, 2008...

CORRECTION: December 23, 1913

Bonus laugh for Most Astute Post Ever:

"...if only we hadn't talked about it none of this would have happened, right?..."

You, Sir, with one string of words, totally defined the craven insanity of it all.

Nobody is capable of the truth as long as there is a nickel in it for them.

You can bet the person you wrote about isn't.

yoski said...

Nobody could have forseen that the bankers would loot the treaury, that came as a total surprise to everybody. What the hell $700 billion is small potatoes. Now we have to focus on bailing out insurance companies, Detroit, air lines, municipalities, states, GE and whoever else backs up their truck to the treasury. Cos if we don't the consequences will be dire. I suppose $20 trillion should do for a while. What the fuck, just send everybody a $1 million dollar stimulus check and be done with it.
But seriously, this has the potential to end very badly. Better stock up on guns, ammo and canned goods.

Anonymous said...

I hope Obama is keeping his cool for now and starts slamming people into the slammer when he tkes office. Take all prisoners Obama or I will be very upset with you!!!

Anonymous said...

A Society that does not dole out reward and punishment in a just manner is doomed to fail .

FlyingMonkeyWarrior said...

October 3, 2008. Was that the day Bush signed the bail out?
???

____________________________
CORRECTION: December 23, 1913

You are right Annon.
FMW