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The producer of “Inside Job” (which is a movie I do want to see) made a good statement at the Oscars. To paraphrase: “It’s been 3 years since we’ve had this massive case of financial fraud and no one has been prosecuted.” Why? Obama needs to explain why his campaign donors are being given virtual immunity.

The complicit media says nothing about this.

http://www.youtube.com/watch?v=mpz5DVwnbnk

When Obama appointed ex Wall Street sleazebag Rahm Emanuel as his CoS you could see this travesty coming our way. Taxpayers paid and these NYC bankers got rich again courtesy of the 50 state taxpayers and Federal Reserve (taxpayer again).

If taxpayers got back the many billions that they the fraudsters and the corporate entities owe us, it would make a huge dent in our deficits.

CitiGroup was essentially bankrupt and under new ownership which meant there should be no carry forward tax losses to offset income. But the US Govt gave them a waiver to use many billions in these carry forward illegal tax losses, that should have been they will pay no income tax in the forseeable future meaning that the government will make no money off the deal.

http://www.americanbankingnews.com/2009/12/17/us-queitly-concedes-billions-in-tax-benefits-to-citigroup-nysec/

Thanks for the information I would like to see that myself. There are a lot of programs that people are not even aware of put in place by the Fed. and the bankers that are mainly benefiting are the global banks. The same banks that helped obama get elected, the same banks who are into Sharia financing, the banks who charged our service members outrageous illegal fees and illegally foreclosed on some of them. What we have is an oligarchy.

Check out these programs...

Wall Street firms earn high profits with Uncle Sam’s backing

The financial disaster of continuing to bailout commercial real estate through the shadows of Federal Reserve jargon. Why you haven’t heard of this trillion dollar bailout.

http://www.mybudget360.com/financial-disaster-bailout-commercial-real-estate-through-the-shadows-of-federal-reserve/

Unlimited credit for GSEs seen as backdoor bailout

http://www.reuters.com/article/2010/01/05/us-usa-housing-bailout-idUSTRE6044YU20100105

No, The Big Banks Have Not “Paid Back” Government Bailouts and Subsidies

http://www.zerohedge.com/article/no-big-banks-have-not-paid-back-government-bailouts-and-subsidies?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+zerohedge/feed+(zero+hedge+-+on+a+long

And now who did these banks support?

Barack’s Wall Street Problem is Now America’s

http://www.noquarterusa.net/blog/2008/09/21/baracks-wall-street-problem-is-now-americas/

JPMorgan CEO Jamie Dimon Donates Serious Cash to Democrats

http://www.opensecrets.org/news/2009/07/jpmorgan-ceo-jamie-dimon-donat.html

Citibank Top Donor to Obama Inauguration

http://www.newsmax.com/InsideCover/citibank-obama-donors/2009/01/15/id/327689