I’m confused. When I say this kind of stuff:
“The American people are wising up, but only to a degree. They are refusing to take on new credit (as they should, seeing as they’re being charged not only for their own legitimate level of risk, but also for their next door neighbor who was intentionally given a loan that the bank knew he could not pay) and demanding in some small way that The Bezzle be eradicated.
The people recognize they’re being violated repeatedly by the scam artists on The Beltway and Wall Street, but they’re not quite sure how to stop it. Certainly, hollering at Congress hasn’t done any good. The Fed has refused to enforce consumer protections, as has Treasury, and both have done their damndest to overrule state regulations and even State Attorney Generals whenever possible.
...the government and Fed are pumping upwards of $250 billion dollars a quarter - that is, $1 trillion a year - into the system to subsidize bad credit risks and keep those who have been and are getting screwed by these frauds - so long as they’re other banks and businesses - from having to bear the cost of these acts.
Instead of locking up the bank robbers (who wear a $3,000 suit instead of a kevlar vest and a gun) we are covering their theft with taxpayer money.
Instead of removing the embezzlement from the system and forcing fraud into the open, we are sweeping it under the rug.
Instead of demanding that people do business honestly and punishing those that refuse, we are allowing them $100 million dollar bonuses - after they run the price of your Granny’s Heating Oil up once again. “. . .
I get called a libtard socialist troll?
parsy, who was on to this way back in March 2001
was there a question there somewhere?