“But do you think the Justice Department will announce a thorough investigation into the activities of the Federal Reserve? Nope. Do you think they will bother to explain to the American people how the Federal government used all its powers and trillions of dollars in new money to save Wall Street’s biggest banks, to bail out highly leveraged insurance companies, and to prop up our country’s automakers? No, no, and no. Do you think anyone will explain how, by creating trillions in new money and credit, the government gave commodity speculators a risk-free one-way bet – practically forcing them to build up massive speculative positions? Absolutely not.”
From the Title I expected the same old crap of protecting wall street. But it was refreshing to see the actual cause of the speculation being mentioned. Who is doing it, and the fact that they are using our money.
I am however against allowing speculation in the Oil Markets unless such speculator takes possession of his purchase.
Pretty much along the lines of one of my rants just a day or 2 ago.
Commies hate Capitalism, so 0bama is going to make it “his” Boogie Man when he runs his reelection with a Campaign of Class Warfare.
If he keeps at it, he’ll take this country down the Salvador Allende Turnpike.
A Commie has to do what a Commie has to do.
The president of the United States isn't a capitalist?
He won't get my vote in the next election now that I know that!
Who voted for him in the first place for crying out loud, communists?
Conservatives need to get along with them to make sure that Republicans can keep some power and not let our whole country fall under communist rule!
Soon, if we give enough money to Republicans we can keep communism at bay in our country and feel good about being American.
As long as we don't get crazy and make freedom a battle or anything stupid like that we will be fine.
Do you think they will bother to explain to the American people how the Federal government used all its powers and trillions of dollars in new money to save Wall Street’s biggest banks, to bail out highly leveraged insurance companies,
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I don’t care how much some bankers scream ,, the FED must be abolished , they have taken ABSURDLY BAD , CORRUPT losses from it’s members and turned those bets into a debt my family wil be repaying for at lease 2 generations ...
In fact we must write off the debt we took on and put it back on the banks ,, LET THEM FAIL so that the republic may survive...