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Globalist banks have learned how to shift the blame since 2008.
https://www.cato.org/cato-journal/spring/summer-2019/ten-lessons-economic-crisis-2008 ^

Posted on 08/02/2022 7:51:40 AM PDT by fightu4it

When I read the dollar figures, $500,000,000. being poured into my county alone, the sirens went off about the COVID 19 virus and its relation to the federal "Paycheck Protection Act".

Any student of the 2008 financial crisis, where it was stated that some banks were "too big to fail" and required taxpayer bailout, knows that the public would not put up with a repeat of that scenario.

So how can they handle this one and at the same time shift the blame away from their incompetence, and of course still bill the taxpayer? Enter COVID 19 and the Paycheck Protection Act. Sweet! These are some very smart, and extremely corrupted individuals.

It all makes sense now.


TOPICS: Crime/Corruption; FReeper Editorial
KEYWORDS:

1 posted on 08/02/2022 7:51:40 AM PDT by fightu4it
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To: fightu4it

And everybody knows ‘blame’ changes everything.
/s


2 posted on 08/02/2022 7:58:06 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: fightu4it

I think they are assisted, far more than any figuring out how, when it comes to shifting blame.


3 posted on 08/02/2022 8:02:59 AM PDT by Robert DeLong
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To: fightu4it
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4 posted on 08/02/2022 8:09:54 AM PDT by Robert DeLong
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To: SaxxonWoods

“And everybody knows ‘blame’ changes everything.
/s”

It won’t change the fact that the US financial sector is in a strong position.

So strong that they’ll be able to ride out a normal recession rather easily.


5 posted on 08/02/2022 10:58:31 AM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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To: fightu4it

They even sent those PPP checks to PRISONERS actively behind bars.


6 posted on 08/02/2022 12:01:03 PM PDT by ridesthemiles
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