Banksters openly bribe members of Congress with campaign donations and give under the table gifts to key political figures regardless of party affiliation. Both the Dem and Repugs are corrupt with a few exceptions.
The upcoming presidential election will be a farce with voting machine miscounting votes willy nilly and recalculating a fake winner. Dem or Repug. It does't matter.
Our corrupt government is realy ruled by the freaking Federal Reserve system -- which is a cabal of banks including foreign banks and especially one very powerful bank located in England. That explains why our own corrupt central bank bailed out banks and bankers in Europe and elsewhere. And left American tax payers on the hook for over $ 9 Trillion in doing so.
That debt can never be repaid or forgiven today with our Congress owned by Banksters. The truth simply proves how slimy, evil and corrupt things really are in D.C. Today we have a fascist government owned by Wall Street. Welcome to the New World Order.
Do your own research. Don't take my word for it. Read a few books like, for example, The Creature from Jekyll Island, if you really want to learn something.
GLOBAL ELITES THROWN OUT OF ICELAND !
Also there was only one country in Europe that solved its "mortgage crisis" by NOT bailing out the banks and corrupt bankers. Iceland saved its economy by forgiving all mortgages and NOT the banksters !
At least there is one government in the world that has kicked out the real Bad Guys
If I had my way
If I had my way in this wicked world
If I had my way
I would tear this old building down
— Rev Gary Davis
No bailouts. Let it fall. Let it all come down. The world went down a bad path in the 20th century. It will be painful, but we need to undo that which has been done. We have all become slaves, but we can be free, if we’re willing to bring this all down.
Unemployed youth, summer heating up...not good.
And Hollande, the clueless Socialist that the witless French just elected PM, wants Spain and Italy to join France in opposing Germany, the only economy in Europe that is functional. At least American voters aren’t the only fiscally ignorant voters in the world.
This sounds like another Y2K hysteria.
Or/and
Another global warming hysteria.
This hysteria has been going for a zillion months that it is going to happen soon, soon, soon.…and nothing.
So, let’s see......money is being loaned by countries that don’t really have the money to lend to other countries who can’t really afford to borrow it, and it’s being lent so that these countries (the one’s who can’t really afford to borrow the money) can give the lion’s share of it to their banks, who themselves are showing massive losses on essentially worthless loans that are simply impossible to ever repay, because the things that were bought with these loans were never really worth the value of the loan, due to the fact that a housing bubble (which has now burst) was created by a massive overextension of credit by the very same banks who will now be given this money to keep them afloat when they’re essentially bankrupt owing to the sheer volume of now worthless loans on their balance sheets.
Somewhere, Bugsy Siegel is thinking, “Casino? Hell, I should’ve opened a bank - it’s the ultimate scam! WHAT WAS I THINKING?!”
Cabal, fascists, Repugs, banksters.
When did you start quoting from DU?
Do you have a solution? Or is your solution just to screw everyone you owe money too? Ah, excuse me. Is your solution to tell everyone else who owes money to screw the person or company to whom they owe money?
Probably quite true,the Banking system in Europe is pretty much state protected and sanctioned.Citizens in these countries can’t default on their debts and have no legal recourse if failing Banks freeze their deposits.
European views of corporations in many cases,is as just more State assets.The executives.along with much of the senior management,only earn so much..
It is not so much an orwellian system as an incestous one.The same people who dominate politics tell the corporations how much taxes they’ve got to pay and in exchange they put laws forward. to defend corporate property.
In a sense it is a bit like communism,ant idea and any direction comes from a government sanctioned figure.So basically you end up with leftist luminaries coming up with hyped up nonsense.Which the rest of that particular country then treats as if it is manna from heaven.
.
“there was only one country in Europe that solved its “mortgage crisis” by NOT bailing out the banks and corrupt bankers. Iceland saved its economy by forgiving all mortgages and NOT the banksters !”
And Iceland has been in a severe DEPRESSION, ever since. it HAS NOT recovered, quite the contrary, in fact. It’s S&P Credit Rating is BBB-.
The economy has plunged about 50%, and foreigners with US dollars are king. The newly poor icelandics line up for food, and are leaving in droves.
Uh...
The Propaganda of Iceland does not match the reality.
I spent a year in Iceland fifty years ago minus a year or two. The current population of the entire country is less than half that of the city of Charlotte, NC, that is the city limits of Charlotte, not the metropolitan area! The population when I was there was almost exclusively whites of Nordic descent. I fit right in. I suspect it is far easier to get something done in a little country like that than almost anywhere else in the world.