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Welcome to the Age of Permanent Bailouts for the Giant Banks

George Washington's picture




 

Washington’s Blog

NY Fed president William Dudley said today, when asked when the Fed would stop quantitative easing:

This exit could be several years away.

Too
bad that quantitative easing won't help Main Street or the average
American. It will only help big banks, giant corporations, and big
investors. See this and this.

Remember, the government has also left open the possibility of permanent bailouts for the big banks. See this, this, this, this and this.

As Ron Paul wrote in October 2009:


The
Fed, by backing up fractional-reserve banking with a promise of
endless bailouts and money creation, attempts to keep the illusion
going.

And see this.

Welcome to the age of permanent bailouts for the giant banks.

 

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Tue, 11/16/2010 - 21:51 | 733028 LeBalance
LeBalance's picture

They will plunder until the end of the dollar, through the war and famine to follow, and into the Renaissance (their gift to the few survivors as it was in Europe in the 15th Century after the Plague) and beyond.

It is not who they will be that is in question, for they will fulfill their destiny.  It is who shall you be?

:) LB

Tue, 11/16/2010 - 23:11 | 733159 Everyman
Everyman's picture

They may TRY, but there will be "PAYBACK" and it will be open season on these bankster criminals and their enablers across the globe, should they totally destroy the dollar. 

Wed, 11/17/2010 - 01:51 | 733362 chopper read
chopper read's picture

not if they have leveraged your hard work to build bunkers after which they intend to set loose dirty nuclear bombs, conveniently blamed on muslims, in a city near you.

do not underestimate how very evil these sociopaths are.  they view you as livestock, nothing more. 

http://www.youtube.com/watch?v=B9EpqBf0oCY

http://www.zerohedge.com/forum/how-do-we-arrive-eve-our-collapse-1

Do NOT follow this link or you will be banned from the site!