That's exactly what I was thinking. Questions such as, Why did Soros get $220 MILLION that was never expected to be paid back? He bought a bank OneWest (formerly IndyMac), that had been confiscated by the Fed,without even bidding. It was purchased for than it was worth in assets, and immediately made $2 BILLION, then got hundreds of millions in TARP funds, how does that work?
The elite super-class was fully exposed by the 2008 financial crisis. We saw that no one was held accountable, all the insiders privatized their profits and socialized their losses, and the biggest criminals reaped the biggest rewards by being further incentivized to continue business as usual through the FED (which the banking class controls). By the way, TARP was a drop in the bucket. The FED gives out the same amount every eight to nine months now that they are doing QE Infinity. TARP merely established that the political sock puppets would rubber stamp what the elite super-class desired at the expense of American taxpayers.
Guys like Soros and Buffet were just high profile elites that the corporate ran press felt the need to follow during the crisis. They all made a fortune at our expense. Financial crisis allows huge windfalls when you are in the know of the future and can position yourself. Buffet and Soros are whispering into the politicians ears what to do, while setting up their bets on the other side knowing that the politicians will follow orders.
I’ve listened to video of Sen. Paul Kanjorski, at 222.youtube.com/watch?v=setWW57RRsI , describing what happened, and he says that Paulsen and Bernanke met with Congress around Sept 15, 2008 (a Monday) to explain the situation - that the Thursday before (which would be Sept 11, 2008) they had noticed a huge electronic run on US money markets, to the degree that by the end of the day there would have been 3 trillion withdrawn and the anticipated panic would have collapsed the US economy by 2pm and the world economy within 24 hours. They had started to try to bridge the gap by pumping treasury money into the market but quickly realized that they couldn’t keep up. So instead they closed the market and issued a guarantee of up to $250,000/account, to try to prevent panic.
And what Bernanke and Paulsen were asking Congress to do at that Sept 15 meeting was to respond to that run on the bank by allowing them to buy up the subprime loans (that Obama had pressured bankers to have to do because of CRA, as directed by the Cloward-Piven communist plan to destroy the US economy)
I and others have said that the run on the bank was on Sept 18th. But it couldn’t have been on the 18th, if the meeting with Congress to describe what had happened and to request TARP money was on the 15th. I’ve looked at some of the articles from back then and it seems like the general public was not told about the run on the bank until the 18th but that must not have been the day that the actual event happened.
Am I missing something? Does Wall Street close down over the weekend? Was the market shut down on Sept 11-12, 2008? Did anybody here watch this thing happen in real time?