O-N-L-Y $70 Billion (/snix)?
The Ovomiton gangsters looted the Treasury of trillions---under the pretext of "saving" the economy.
The Ovomitons went to work, looting and pillaging, as soon as they hit Washington.
The phony trillions dollar bailout schemes were perfect vehicles for government fraud, kickbacks, money laundering and tax evasion.
Keep in mind---Wall Street operator Rahm Emanuel took over the Treasury first thing, and he put his brother, Dr Zeke, in charge of Medicare/Aid billions and O/Care trillions. The Emanuels are sitting pretty on piles of US tax dollars stashed offshore.
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Ponzi king Madoff must be in awe of the "audacity" of these govt criminals who took a page out of fraudster Bernie's Playbook. Madoff's Ponzi fraud ccentered on a supersecret labyrinth of interrelated international funds, institutions and financial entities of almost unparalleled complexity and breadth......with assets and businesses in multiple places overseas that hid thievery, money launderering, FEC fraud, and tax evasion.
” O-N-L-Y $70 Billion (/snix)?
The Ovomiton gangsters looted the Treasury of trillions-—under the pretext of “saving” the economy. “
I know, but I found it interesting that a novelist believes that the O admin., and his gang “ pocketed” 70 billion offshore. NOW, where will Issa look first? ;-)
Obama and the Forty Thieves make Madoff look like a piker.
Yes. That IS his real middle name.
It's funny though, he doesn't look like a ......Skier.
Oops. wait a sec. That'd be Slalom.
Never mind :-)
Here's what Bernanke and the Fed are really trying to do:
http://www.freerepublic.com/focus/news/2623223/posts?page=139#139 - FR, 2010 November 09
Keynesian / Krugmanian "government stimulus spending is never big enough" fiscal policy and anti-competitive laws (e.g., Sarbox and Dodd-Frank) and regulations that starve U.S. private sector of capital and incentives have been practiced for too long by both parties cannot be fixed by any monetary policy or any central bank. It didn't work in Iceland, Greece, Ireland etc. despite ECB's "stringent" deficit ratios requirements.
On the other hand, the entire $800B+ shovel-ready "Pork-stimulus" should be considered a theft and "shoveled" right back at them where the sun doesn't shine.