Banks Rob Taxpayers - Bailout Payback Scam

Video quality	The size	Download

Information Banks Rob Taxpayers - Bailout Payback Scam

Title	:	Banks Rob Taxpayers - Bailout Payback Scam
Lasting	:	6.14
Date of publication	:
Views	:	44 rb

Is 187 trill even a lot of money these days?
Comment from : MbisonBalrog

Better pay back those f*b***/b loans! Otherwise *"8" sanctioned
Comment from : Tory Slusher

Okay so we've been had we've been to it what do we do about it the last time I cried about spilled milk all I got was my cookies getting wet
Comment from : slayer 1

it's all about the rate that you return the money if you're not in the zone you haven't done proper planning in order to increase your return to keep your debt down it's all business you don't have to take a loan from them but if you war against each other you don't have much of a choice borrow from each other or make war borrow or borrow War
Comment from : slayer 1

NopebrbrI'm using pencil and paperbrbrDis just ain't addin upbrbrSmells bad toobrbrIf I say anything more,brIt will be rude and vulgarbr😠
Comment from : Ronald Cheatham

You should start with my MAD SECRETS LEAKING video under my feature vid and 2 book preview videos before replying
Comment from : Playitalready

No, AFTER 2008, Obama also approved totally separate, 2nd bailouts of banks & more But also, BEFORE 2009, Obama WAS 1 of those "demon-crat congressmen" as u called them; Obama was a pro-subprime/pro-bank-deregulation senator, eg: google "Goolsbee NYTimes SUBPRIMES" to see his 2008 campaign TOP economist pushing subprimes+other garbage as "safe" Post-2008, Obama PROMOTED this douche (thx to Ameritarded voters) to PERAB (NEXT POST HAS EVEN MORE DAMNING FACTS I won't even go into ACORN lol)
Comment from : ThalamusMinimus

Mr Uygur, thank you for this insightful piece, for the first time I am in 99 agreement with you, except when you stated that "conservatives loved this" As a market oriented conservative, who is wary of excessive federal intervention in the economy, I was appalled at TARP and the bailouts If anything it was a lesson in the rotten nepotism and corruption that state intervention in the economy engenders; inevitably politicians pick winners based on power and influence
Comment from : Jason Raider

@txsray1 REPUBLI-CON BUSH and DEMON-CRAT congress led the bank bailout, obama AND mccian also APPROVED IT but obama only become the president AFTER and only continued the auto bailout i did hear like 50 percent of the people think obama was in charge of the banker bailouts so its not surprising how modern political bias leads people like you to believe in lies im just saying it like it is thats all
Comment from : Playitalready

Another indication that $14 trillion didn't "trickledown" to the common American tax payer is that the government is known for borrowing money from Social Security funds and the conservative mentality is that entitlement pay outs are the cause for deficit problems Not corporate subsidies, grants, earmarks, BS government contracts, It's a well know fact "lobbied" elected officials leave their government post to take executive jobs with corporations The tax payers need to audit the govt
Comment from : HiRoader11

What part of $14 trillion dollars did the "paying" tax payers get??? These crooks devvied up that loot and dished it out to their corporate lobby friends in (fake) government contracts
Comment from : HiRoader11

lololol @5:11 "WHHHAATT THEUUUU FFHUUUCK???!?!"
Comment from : dlindstadt

I WANT THE LINK TO THE NYTIMES ARTICLE !!!!
Comment from : edaniel253

@dlucas90 In the Yap Islands in the Pacific they used large stones as money Stones as larges as cars Since large stones are not very portable the Yaps created a form of banking to keep track of who owned what stone
Comment from : macduggles

@dlucas90 Going back on The Gold Standard would probably throw us into something like the Panic of 1837, but would cause a deflationary backlash on a global scale Also, I don't know how you can answer the problem of getting enough gold to to back up the amount of money issued Our country is just too wealthy to go back to that and it would be a disaster
Comment from : Macabre215

What the fuckIndeed!
Comment from : cobra60six

Sure they paid it back, The Bernank said so to the congress, every last penny he said - he wouldn't be fibbing would he?
Comment from : cobra60six

@DeepSouth16 I disagree with that a bit because there is a problem with that Simply too much wealth to lose; one bail out was necessary (not 20, like we had now Just one) However, with this bail out, other insurance should have been takes such as no bonus for manager of bailled out bank, tax credit or some gift to bank who did not had a bail out, some program to help the creation of new banks and investment in public infrastructure (create job and save money on long run)
Comment from : Therrydicule

That may be a too radical thing to do, but our focus should be making changes so we can look out the window and still see that we have a country To be fair about this, we have extremes on both parties making their cases, while people in the center our drowned out
Comment from : vargavision

If we go the same way Russia did, we’d have the Mob running this country Ron Paul did get it right To hell with supplying money to countries hell bent on screwing us up Get our Military from all the countries we are based and take care of our own house
Comment from : vargavision

@DeepSouth16 You’re right in your present assessment on how things are going On one hand the most important programs that we pay into are in the verge of being handed over to Corporations which have proven over time that their way of involving themselves in public policy is the same as a train wreck On the other we have politicians who aspire to do the right thing, but can’t focus and make an EFFECTIVE argument as to why they do what they do
Comment from : vargavision

@Aggie254 He is funded by Realtors, Investors, Health professionals and many other corporate backers You would have to be a complete idiot to think this means he doesn't have corporate buddies But ,of course you must already know this Only a complete prick would make such a song and dance about objectivity and honesty without having any knowledge of the person they are defending
Comment from : zebbedi

@Aggie254 Why would you respect someone who pretends to be honest? And why would anyone respect someone who applies that deceit consistently? What you have said isn't logical Also, you don't want to continue debating with me because I don't agree with your POV I think that says all we need to know about your political motives It's ironic how you champion objectivity but are unable to effectively apply it Ron Paul is the second most successful fund raiser in the GOP
Comment from : zebbedi

@Rilsailend that's because as much as we in the people in the west would like to pretend we live freely, were basically kettled sheep! who are bleed to run the government and corporations!
Comment from : Junior July

@schmokay That isn't how the small business lending program works That fund is supposed to go directly to loans for small businesses (obviously), to pay off their debt with it in any other circumstance is completely and totally outside the program, it isn't given to them to do with as they wish, it had a specific purpose and they misused it If you read the article, it isn't even normally allowed, Mossad had to allow them the ability to do it The US just paid another bank's debtsto the US
Comment from : duracellh

@RealityGrapple Oh please, you used to be a behavioral therapist? And I used to be a rocket scientist Having looked through your comments here to myself and others, all I see is a mouthy spaz who thinks putting people down is a good way to communicate No one who was ever a professional in that capacity would talk like you do Or perhaps thats why you no longer are a behavioral therapist Anyway, I'm done Have a nice life
Comment from : herpiethelovebug

How? What? WTF? Republicans or Obama and the democrats? This guy is brazenly carrying the water for the Democrats This is precipitously plunging into a propaganda outfit I mean how silly did he sound when he said the Republicans did it ?
Comment from : uditchow

$1T in asset although significantly overstated ($700B), doesn't amount to shit The Fed is liquid they can sit on that shit until it recovers its value and make a PROFIT Don't believe me, may I refer you to the Resolution Trust Corp Dumbass Cenk, face it you were WRONG! stop babbling you cant speak intelligently about finance you sound like Carrie Prejean whenever you try Don't try to parrot scholars it only makes thing worse, you don't know what you're talking about, let it go
Comment from : schmokay

OMG, Uygur please never talk about the economy again WTF!? All of sudden he turned into Sarah Palin at a book club with Katie Curic No one can be that bad at math If someone give you money and you give it back, it is called repaying a debt! What is the clown talking about?! You need to go check with your PDA masters you're way off point The loan modification program was pushed by the progressives, so were loans to small banks that closed down and cant repay There ain't $400B of shit
Comment from : schmokay

@Unbyjp So you don't describe to the left-right paradigm and in the next sentence you tell me exactly how you do subscribe to the left-right paradigm Do you not understand by caling yourself libertarian and moderate you are describing left-right-center? That's what these terms mean geez! You think left-right means democrats and republican? Think again Left-right-center simply means how your views measure on a scale All views fall on this scale You are saying you have no views! LOL
Comment from : aSingleDallasGuy

@Unbyjp yadayadayada Left wing kookery You can always tell a left winger when they blame insurance companies for govt policies When they blame the banks for them receiving bailouts, etc The buck stops at the top the elected politicians in GOVT are solely responsible for these things The insurance industry and banks don't hold guns to their heads These politicians write these laws, rules and regulations No matter how much you cry that they are influenced, it's 100 their doing
Comment from : aSingleDallasGuy

@LordMikkell do I have your written agreement that your emotions are getting the better of your rational judgment?
Comment from : cpufightclub

@RealityGrapple China, Singapore, Taiwan, South Korea - all privately built economies Governments in those countries does not intervene with business, does not steal money Of-course all that PRINTING that China is doing is EQUIVALENT to stealing, that's why businesses are moving out - who wants to be abused except for you, apparently?
Comment from : romanmir01

@RealityGrapple As to 'agrarian society' - you dumb ass, that's what capitalism and industrialization did for your ancestors - pulled them OUT of agrarian economy into industrial one, and that's what your direct predecessors and you are pissing away (and have already done so) by pure idiocy of allowing your cruel gov't to destroy your own future by destroying ANYBODY'S INTEREST in investing in your former economy You don't have any economy anymore - printing money is not an economy
Comment from : romanmir01

@RealityGrapple Where on earth do you see yourself finding a single hole in my arguments, please, shove them, because I did not observe ANYTHING from you, except complete idiocy
Comment from : romanmir01

@RealityGrapple Companies SHOULD move their investment capital ALWAYS to places with little capital and lots of available labor, you worthless piece of socialist shit WHO otherwise would RAISE those places out of DIRT and POVERTY? Socialists? Ha ha ha ha ha ha ha ha ha ha ha
Comment from : romanmir01

@RealityGrapple What is embarrassing is you 2003: gold 350USD/ounce, cotton: 50USD/pound 1 to 7 ratio 2011: gold 1400, cotton 200, 1 to 7 ratio In fiat money though, it went up 4 times That's why PRODUCER nations see inflation as rising prices immediately, while leechers do not, as long as they can keep borrowing All leeching comes to an abrupt end
Comment from : romanmir01

@RealityGrapple You don't even understand the first thing about inflation, your mind is corrupted by your political system, which hides real inflation through the status of reserve currency and hedonistic CPI adjustments, reverse-engineered to hide inflation on purpose China is a PRODUCER, they consume RAW goods and those are COMMODITIES As USA/EU print, while Chinese buy those fiat currencies, the value of ALL money shrinks Chinese feel inflation immediately because they are producers
Comment from : romanmir01

@RealityGrapple Dumb ass, have you ever traded with China, Singapore, Hong Kong? It's filled with enterprising people Whatever their gov'ts might do, they do not interfere with business, and that's the key They ARE printing money and it IS causing them major pain, and all of this is their own doing, true, it is done to subsidize the US consumer - which is idiotic, because Chinese are perfectly capable of consuming their own stuff they produce, it will happen soon, as US bond/dollar burn
Comment from : romanmir01

@RealityGrapple 1 You are a dumb ass I find you repugnant Monarchist? No more than Jefferson was monarchist 2 Who ASKED Chinese to peg their currency? Who asked anybody to have even an idea of reserves, right? But I do find the entire Bretton Woods system to be idiotic, using a fiat currency as a reserve note, what a joke Any joker with a printer and a gov't position would be laughing, and they are laughing all the way to their fake banks with their fake money
Comment from : romanmir01

@RealityGrapple @RealityGrapple WTF does that even mean - 'exploiting the poor' in this context? EXPLOITING? So are you sure that those poor would rather STAY poor INSTEAD of having jobs that the investment capital shift from the West to East allows them to have? You are a sick person, totally morally corrupt yourself, blaming the investors and businessmen for CREATING jobs in a POOR place What a joke you are
Comment from : romanmir01

@RealityGrapple Dumb ass, there is such thing as competition It's not about 'the rich cant stand', or whatever It's about market pressure If USA applies too much pressure on producers, while others do not apply this pressure, production will move It's not magic, it's not about morals at all This is just like physics, this is why Austrian economists are so successful at predicting economy booms and busts and that's what you don't understand Also, it's not morally wrong to shift capital!
Comment from : romanmir01

@RealityGrapple Chinese are pegging their currency to the dollar, however many countries are doing so foolishly and instead they should be using gold for reserves It takes 2 to party - so don't buy Chinese But you can't, because USA has been on the path of destruction of investment capital and production since it lost its labor monopoly status 20 years after the WWII ended, but its gov't appetites have never shrunk back to pre-production levels It's gonna be a rude awakening
Comment from : romanmir01

@RealityGrapple What are you, a clown? Do some tap dance, clown Blow a horn, clown Yes, US bonds and US dollars are being printed and distributed into the world, as US is still the reserve currency (officially) but unofficially this is ending, the gold is the reserve and banks know it, that's why Chase takes in gold as transactions collateral from its counterparties Yes, printing of US dollar and distributing it across the world is exporting inflation
Comment from : romanmir01

@dlucas90 One man's debt is another man's asset
Comment from : macduggles

@aSingleDallasGuy You are right The real crime is that it was and is not a crime to perpetuate the largest scam of all time Banks sold mortgage backed securities that they knew were fraudulently rated They created a bubble in mortgages to create more and more mb-securities When things went sour they shorted the very securities that they had created with credit default swaps When that soured they were bailed out To pay back the bail out they sold the worthless sec still held
Comment from : macduggles

@mochalex He is saying that the Bankers used small business loans - which they got from the fed - to pay back the TARP loans - which they got from the fed
Comment from : macduggles

Bamboozled! Wall Street Bankers will get away with the largest scam of all time The MBS / CDS scam! In a blazen attempt to confuse matters and kiss up to their grubstakers the ultra-brownnosing wingnuts try to convince their unknowing ignorant mass of bootlickers that the whole mess was because of the malfeasance of Fannie Mae, Freddie Mac, Barney Frank, Chris Dodd, Bill Clinton, Jimmy Carter, greedy homeowners, the Green Goblin, etc
Comment from : macduggles

@RealityGrapple You are quite a fruit 'monarchist'? WTF? Go fuck yourself
Comment from : romanmir01

@RealityGrapple Do you know what I see as 'inhumane'? A destroyed society, due to the economy being destroyed by the system, which sucks the blood out of economy, destroys its own currency, destroys competition and kills off competition, all in the name of a huge government body, that intervenes into everything, domestic and international That's inhumane Humane is a working economy, free of shackles of gov't oppression, free of anti-competitive force that the gov't is
Comment from : romanmir01

How many Wall Street cocksuckers have been prosecuted so far?
Comment from : Muzzy337

@RealityGrapple Can't you say anything without being a total jerk off? Ya, I'm acting like the teenager
Comment from : herpiethelovebug

@coopmuch56 It wouldn't be enough to fund anything Direct democracy is mob rule, pure and simple As I said many times they can vote away your rights You also didn't tell me who makes laws, who enforces them, who stops crime, etc
Comment from : AmericanNohbuddy

@LordMikkell evil, like good, is a fact of human nature its apart of us
Comment from : cpufightclub

@RealityGrapple Fresco didn't convince me of anything I just didn't buy it hook line and sinker I did the research Approximately 2 years worth so far And I believe it is attainable, and sustainable The way you want to go is not And if you had done any research at all on human behavior, and where it comes from, you would know that your statement is pure ignorance History doesn't tell us anything about this, because it has never been done So you think you live in a democracy do you? Hahaha
Comment from : herpiethelovebug

Ron Paul for king
Comment from : BorgKing001

Actually, since your offeringI do want my ass "beat", so hit me up & I'll give you directions to my houseYou mutt!
Comment from : GENERALJOHNNYREBEL

@GtheMVP Trying to grapple with the economic problems of the world with merely deregulating money and bussiness is like applying a 2 dimensional equation to a 3 dimensional problem There are thousands of hectares of land NOT being farmed as we speak because the farms are "bankrupt" and after all banks arent a charity Deregulate that even more and the land will become a dump because less food means its worth more Thats not a regulation Dont shit where you eat THATS a regulation
Comment from : Spiderbait

I don't get it Is Cenk saying big businesses used small business loans to pay off TARP?
Comment from : mochalex

@LordMikkell evil is a facet of human nature its not "religious" its apart of who we all are
Comment from : cpufightclub

I think it's time for every county in the world to dump the American dollar and never use it again untill America stops playing these stupid games
Comment from : Mister English

@aSingleDallasGuy Actually, pretty much yes Had those banks collapsed, the economy would have collapsed So during the last days of the Bush era, they passed TARP and all of that stuff They SHOULD have been forced to cut the bonuses drastically, reform the loans practices, all that stuff
Comment from : dangerouslytalented

@zebbedi really he is just trying to remove regulation for his corporate friends He aims to become the acceptable face of corporate greed and they are desperate to use him Words and phrases like 'libertarian' and 'free enterprise' are just subtle ways to say; "We want government out of our way so that we can relentlessly chase profits without showing any regard for public safety/interest and we want to be able to crush our competition to protect our margins"
Comment from : zebbedi

@Aggie254 Lot's of experts did see it coming They just couldn't do a lot about it Personally, it was Warren Buffet that alerted me to the potential problems of credit hungry banks and predatory lenders Rand Paul lies all the time, he's a flat out demagogue I remember recently him saying that he never supported Medicare deductibles despite the fact he had advocated them over and over on FOX news Ron Paul lies about his intentions, championing this 'libertarian' angle when
Comment from : zebbedi

Where's democracy?
Comment from : MastermindX

@aSingleDallasGuy Stop embarrassing yourself, man Why would the banks need to force the govern to do something if they can buy it and make it do whatever they want instead? It's much more clean and effective And who says liberals don't blame the government? You've not watched TYT much, have you?
Comment from : MastermindX

@DeathtoRaiden1 Well let's see if Ron Paul runs for 2012 If so he could be the right candidate imo
Comment from : valflyinf

@herpiethelovebug Automation has been hapening for generations, we still need paid labour you'll never be able to give people everything, so trade will alwys exist, and money makes trade easier Prodcution requires labour, lot's of it, and Price is our best system of evaluatiing costs time, labour, resources etc Mises isn't our "idol' he's our empirical evidence for the best way forward The Venus Project doesn't exist, it has no working model, you need to prove it can work empirically
Comment from : GtheMVP

@AmericanNohbuddy You could still have all of those, its just everybody isnt forced to pay them Voluntary taxation, or you could call it insuranceInstead of being forced to pay for all the things tax covers like war, you would pick the ones that you would need ie I check off education and healthcare and dont check off bilion dollar bail outs,war etc Also a direct democracy is still a government its just all about the people and not about the banks and corporations
Comment from : coopmuch56

@RealityGrapple Sure you have I can tell your so very intelligent And yes, I'm actually 48 now, need to update the page Don't feel sorry for me, I live a pretty good life thanks I just see that lots of others don't, and I would like to see a solution to that problem Mises doesn't have a solution, he was just a greedy, selfish prick, like most of his followers
Comment from : herpiethelovebug

@GtheMVP Which proves you don't understand the VP We don't want to get rid of money just for the sake of it If it worked, we would be behind it But it doesn't It is the root cause of most aberrant behavior Just about everything that is wrong in the world has money behind it So to fix the problem, you have to find a way to remove the monetary system The way the VP advocates is the RBE And a properly functioning RBE requires technology The tech we have right now would do to start
Comment from : herpiethelovebug

@coopmuch56 The founders had a point "Everybody would always have maximum amount of freedom and rights, nothing would take that away" A 51 to 49 vote would No bill of rights with no government Who stops crime? Are there trials? Prisons? Last I checked I can call 911 and have emergency services come help me
Comment from : AmericanNohbuddy

@AmericanNohbuddy It doesnt really matter what "the founding fathers" said, they were slave owners who were trying to be free,kinda ironic And that was 350 years ago, times have changed there also wouldnt be people losing right? Yes a majority would decide things like, should we invest in a $700 billion bailout, or a $1trillion war Everybody would always have maximum amount of freedom and rights, nothing would take that awayYou think the gov't protects us!? they dont give a damn about us
Comment from : coopmuch56

@RealityGrapple You're wasting your beat with thes eclowns, Zeitgeisters are either impressionable youth, suckers, economic retards, entitled spoiled brats Most are good/honest people just looking for something better, this is a sick world after-all, it's easy to forgive them for getting duped, people get scammed all of the time They are fucking annoying though, for a group who laughs at religion (as do I) they put a lot faith in unproven technology/theories from unqualified people
Comment from : GtheMVP

@herpiethelovebug Right now, the venus project has no working model, or even a working theory, where are the machines that can build and repair other machines, that can also farm, mine, transport etc THis technology is nonsense, we're going to need plenty labour for the forseeable future EVen Jaques says we can't look too far into the future A "resources based economy" plans to deliver goods and services to people, through automation, that's central planning, and that always fails
Comment from : GtheMVP

@Andy180084 Has Microsofts path been so full of twists and turns that you can't see where it started from? Lawsuits might be fighting them in various ways, but those are bandaids that generally result in fines easily payable (how often is anyone personally libale?) The very systm we live under allows corportions like Microsoft and BP Oil to operate they way they do I'm not sure why you're arguing with me
Comment from : GtheMVP

@coopmuch56 Look up the founders' quotes on direct democracy Who enforces anything? Who protects us? Direct democracy means you can indeed vote people's rights away when it's 51 to 49
Comment from : AmericanNohbuddy

@RealityGrapple Love how you do that Did I call you a name? I don't believe I did I did call your mentor a fucking caveman, and IMO he was, but did I insult you? I know enough about what you believe, just by who you quote And frankly, the Venus Project will happen before Mises's Darwinian society economic bullshit ever takes root The "free market" would be a catastrophe of epic proportions
Comment from : herpiethelovebug

Banks didn't rob anyone, people called government robbed the people Why didn't the government regulate the distribution of that small business money? And if they did why aren't they enforcing it? Banks are merely following the laws of self-interest It's inevitable for any business to participate in cronyism, the alternative is to lose to competitors who do Once again, government is the problem Each time they throw stolen people's money at a problem, they create ten more problems
Comment from : aerocabin

You liberal snot nosed punk! Good grief you are such a socialist! Did the banks hold a gun to the US Govt requiring them to be bailed out? Again, you liberals cannot blame govt for anything! Geez! The US govt volunteered your money to the banks They also allowed GE to pay no taxes this year Neither the banks nor GE committed any crime This is how your govt operates So, you are whining at the wrong people You govt allows all of this But a jackass liberal like you can never admit it! LOL
Comment from : aSingleDallasGuy