• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Wall Street Bailout: Too Big To Collect?

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Sun, 08/14/2011 - 08:42 | 1558567 apberusdisvet
apberusdisvet's picture

We need the sheeple to connect more of the dots.  MERS was established in 1995, coincidentally at the beginnings of ZIRP.  Was foreclosure fraud and the housing bubble pre-planned?  Is the coming market crash another pre-planned event?  Nothing better for the NWO then to have a once vibrant middle class stripped of all assets and then frightened to give up all constitutional rights after 9/11.  Apparently the UN has usurped our sovereign authority to wage war under the notion of R2P, and Hillary is moving full speed to sign on to the UN's worldwide gun control.

The magic number of 65% of all US households on the government teat will be the start of the final phase in the oligarch agenda.  Who will be the WH puppet overseeing it?




Sun, 08/14/2011 - 10:35 | 1558690 windcatcher
windcatcher's picture

I agree with you apberusdisvet and with many of the other long comments that have taken the time to articulate themselves; most of the short comments are either paid propagandist trolls or idiots with no argument.


The fact is that no one has a true tabulation of how much taxpayer money/debt is involved in this great robbery or who owes who or how much?


That is the beauty of the fraud; no one knows how much we owe to the banksters until we are in so deep that the taxpayer can’t get out; the final number could be 60 trillion! Ha. Ha.


Economics and accountability are left behind for insanity! As Iseeit pointed out in his comment:  “Sociopaths/Narcissist are not decipherable by most healthy people.”

Sun, 08/14/2011 - 08:47 | 1558563 rwe2late
rwe2late's picture


The actual figure given away is doubtless many trillion$ more than just 1.5.




It is also near impossible to quantify the many and various effective handouts which reward the elite super-rich, such as:

 tax breaks, accounting gimmickry (mark to model etc.), access to insider info,

and the trillions by misusing the military to secure control for themselves of markets, resources, and corrupt henchmen, as well as by the direct war profiteering itself.


Sun, 08/14/2011 - 04:39 | 1558469 slewie the pi-rat
slewie the pi-rat's picture

so what?

Sun, 08/14/2011 - 08:54 | 1558573 rwe2late
rwe2late's picture

why do you even ask?

shouldn't you be off and about, killing and looting somewhere?

Sun, 08/14/2011 - 04:20 | 1558464 SanOvaBeach
SanOvaBeach's picture

Does all this mean we don't have to pay our parking tickets anymore?

Sun, 08/14/2011 - 03:04 | 1558431 time123
time123's picture

Bailouts are free money handouts to those who find the opportunity to play victims when a pot of money is availble. But there is something much better for an investor than getting bailed out by the governmanent: making the money on his/her own, and bailing out themselves. How? 

Here is an example: You get a timing signal to buy DGP on July 8 at 49.23. You put $10K in DGP and sell it at 62.27 on August 12, for a 26.5% profit. That is a cool $2,650 in just a month.

You take that $2,650 and go to the Carribean for a 10 day vacation. You have just been bailed out!

Ladies, and gentlemen, that is how it works best. You bailout yourself, on your own! No need to wait for anyone else to do it for you!

But you must be lucky to pick that DGP timing signal to use. You must have the conviction first that gold is moving up to pick that timing signal, and stick with it for a month. So if your conviction is right, you'll get your bailout!


admin at http://invetrics.com


The above return data is real, not made up. 

Sun, 08/14/2011 - 00:26 | 1558313 New American Re...
New American Revolution's picture

Easy come, easy go.   I light my cuban cigars with US Treasury Bonds.

Sat, 08/13/2011 - 22:45 | 1558189 cdskiller
cdskiller's picture

EconMatters, nicely done. You've given us all a little nugget of truth we can deposit when people like Jackie Calmes of the Times tries to tell her little lies. The CMD charts are awesome.

But, my friend, it's not just about money out vs. money received back. We didn't just hand them taxpayer money expecting to receive a return. We allowed them to stay in business when they should have failed. Every single penny in bonus money the big banks paid to themselves since the bailout SHOULD have been paid to us. Without TARP, without paying off AIG's CDS counterparties, without taking over Fannie and Freddie, without purchasing toxic assets, without taking toxic shite as collateral, without suspending M2M, they all go out of business. It's not just about the trillion+ the banks still owe us. We saved them trillions in losses and years of lawsuits. We paid off their debts, covered up their crimes and let them keep gambling in secret with our money. You can't put a dollar figure on what they truly owe us. They owe us their lives. Literally. Many bankers would have committed suicide. Many should be in jail.

The dollar cost of saving the banksters? $4.8 trillion.

Saving them from regularly running out of Astro-Glide in prison? Priceless.

Sun, 08/14/2011 - 00:01 | 1558294 Fred Hayek
Fred Hayek's picture

Don't forget, the staff at treasury was all set to pay back AIG's counterparties at 50 cents on the dollar. Then Turbo Tax Timmy swooped in and insisted that they get every single penny.

Sat, 08/13/2011 - 22:13 | 1558142 Kayman
Kayman's picture

Save Goldman, kill America. What's wrong with this picture ?

Sat, 08/13/2011 - 21:58 | 1558109 Downtoolong
Downtoolong's picture

The scary thing is simply to know that a relatively small number of people control assets of this scale, where tens and even hundreds of billions of dollars become a rounding error or acceptable uncertainty factor.


Sat, 08/13/2011 - 21:42 | 1558075 Bansters-in-my-...
Bansters-in-my- feces's picture

Sounds like ZerOhenge has Zero brains.

Sat, 08/13/2011 - 19:54 | 1557774 TwelfthVulture
TwelfthVulture's picture

According to Pro Publica,  

"Altogether, accounting for both bailouts, $580 billion has gone out the door—invested, loaned, or paid out—while $273 billion has been returned.  The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $67 billion. When those revenues are taken into account, $239 billion is the net still outstanding as of August10, 2011."


I have to double check with my bank on Monday, make sure that the interest I'm paying on my mortgage is applied to principal reduction.  I never knew that was the way it works.

Sat, 08/13/2011 - 23:23 | 1558242 YC2
YC2's picture

christ what a clusterfuck...  and what a shame journalism doesnt require competance on the topic you report on.... 

Sat, 08/13/2011 - 23:59 | 1558291 Fred Hayek
Fred Hayek's picture

Competence would just delay you in -gasp- making a difference. It would also delay you in getting to the dinner party in McLean and on the lower east side. That's what journalism's all about.

Sat, 08/13/2011 - 22:53 | 1558198 nohweh
nohweh's picture

Well spotted. My thoughts exactly

Sat, 08/13/2011 - 22:53 | 1558197 nohweh
nohweh's picture


Sat, 08/13/2011 - 18:58 | 1557681 williambanzai7
williambanzai7's picture

I saw a stupid article the other day that said AIG is the company America used to love to hate.

I don't recall letting them out of the doghouse. Anyone else?

Sat, 08/13/2011 - 22:34 | 1558175 disabledvet
disabledvet's picture

They were never in it in my book. In this "normal" getting a bailout is a good thing. Imagine the entire airline industry uninsured then you'll understand.

Sat, 08/13/2011 - 19:18 | 1557714 ISEEIT
ISEEIT's picture

Let me guess: Newsweek? Time? NY times?

Accountability is a concept still waiting for maturity.

Sun, 08/14/2011 - 04:21 | 1558465 Bitch Tits
Bitch Tits's picture


Real accountability is for the little people, like taxes.

Sat, 08/13/2011 - 18:55 | 1557671 jSixPack
jSixPack's picture

Does anyone know how the food stamp (SNAP) program works?

If a person uses a credit card a percentage 2%-3% as I understand is charged to the merchant as a fee for handling the transaction.

Does the bank doing god's work by providing the credit cards get this cut from 40 odd million customers?

Back of the envelope math tells me this is a pretty nice gift that is guaranteed money with no risk if this is true.

Sat, 08/13/2011 - 19:21 | 1557716 James
James's picture

While I don't know the percentage paid, I do know it goes to Dimon @ the morgue

Sat, 08/13/2011 - 21:56 | 1558104 Imminent Crucible
Imminent Crucible's picture

Not only is JPM Chase making a killing off the SNAP program, they've outsourced the food stamp customer service calls to India:


Gree D bastids, without a shred of concern for Americans.

Sat, 08/13/2011 - 19:14 | 1557701 ISEEIT
ISEEIT's picture

Yes. They get a cut. I believe that you can get the numbers on this from GW's blog. Maybe another source though. Obviously not a highly advertised fact. These 'masters of the universe' really don't appreciate we poor idiots paying attention to what they actually do. Much preferred for us to believe what they say you see.

Magicians/Charlatans/Ponzi operators depend on that. Maybe it is good that you don't fully understand.

Sociopaths/Narcissist are not decipherable by most healthy people.

That is why the sicko's tend to succeed.

Kinda like an element of surprise, only just a little different.

Sun, 08/14/2011 - 04:24 | 1558466 Bitch Tits
Bitch Tits's picture

When you do wake up and recognize them for what they are, the nightmare is just beginning.

Sat, 08/13/2011 - 18:38 | 1557646 ISEEIT
ISEEIT's picture

What I find interesting is that this submission relies on 'progressive' sites for 'fact' quotes. Not disputing the 'facts' at this point. I just find it interesting that the author reveals a bias toward known leftist sources of material. My bigger point is that I have for quite sometime now perceived a potential alliance among the grassroots/useful idiots of the Left and Right. In such Farcical times common sense becomes less avoidable despite the regimes programming. I for one don't really care all that much if my neighbor wants to screw chickens in his spare time (just keep it quite please). I do care though about a cabal of global elitist who want to not only screw chickens: they intend to screw me, my wife, my kids and my chicken screwing neighbor as well.

That seems to be something of a potential awakening. I've spent some time scanning comment threads at leftist sites today and funny enough, many are commenting that RP has some good and allowable positions. They seem pissed at the asshat in the WH now and truly disgusted.

Hell hath no fury like a woman/useful idiot scorned.

I do truly sense a people waking up.

Thanks internet!

Sun, 08/14/2011 - 09:31 | 1558606 gwar5
gwar5's picture

Good points.

The selective outrage of the progressives against 'evil' corporations has always amazed me. The Fed and the Squid.Co run by the Robert Rubins of the world always get a free pass when they're the mothership jackbooting everybody with their currency monopoly.

Is it because inflation and deficit spending is the mother of all redistribution schemes, even though it's destructive to all? It isn't capitalism either, by any stretch of the imagination. It's protected parasitism under the pretense of 'economic stability'.

Imagine if there was one oil company monopoly chartered by the US Government that was allowed to cheat everybody by secretly diluting gas at the pump 3% per year, every year, with government protection. There would be justified riots in the streets by the left and right against it. That is what the Fed is doing to our money and our savings.

The Federal Reserve System continues to play both sides against each other while operating their monopoly under the radar with their propaganda.




Sat, 08/13/2011 - 21:49 | 1558095 EconMatters
EconMatters's picture

If the math fits, we take no side.  

Sat, 08/13/2011 - 18:22 | 1557626 Rick64
Rick64's picture

 AIG, Fannie, and Freddie are toxic dumps for the banks. Things are a lot better for the banks, but surprise those dogs backed by the American taxpayer are sinking.  Maybe they should make them banks and they can start trading then the other banks can saddle them with their trading losses.

Sat, 08/13/2011 - 17:43 | 1557540 Manthong
Manthong's picture

Fannie, Freddie, Toxic TARP, Post Office, California, Illinois, Euro Bank MMF exposure, Jobs, Inflation...

enough to make an alcoholic gold bug hit the bottle.



Sat, 08/13/2011 - 17:29 | 1557518 PulauHantu29
PulauHantu29's picture

Repay the taxpayers...LMAO......


Good one!

Sat, 08/13/2011 - 15:47 | 1557437 max2205
max2205's picture

Wait till the black people hear about this....wait, or the white people?!

Sat, 08/13/2011 - 14:49 | 1557366 Zer0henge
Zer0henge's picture

Sounds to me like things are working as planned.  The Bernank and Geethner are geniuses...regardless of the opinion of alcoholic gold bugs...only 1.4 trillion outstanding is nothing.  I'm surprised its that little.  Next!

Sun, 08/14/2011 - 06:11 | 1558500 doggings
doggings's picture

only 1.4 trillion outstanding is nothing

yea right, trillions are so 2010..

If you were alive when Jesus was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.

If you went out today and started spending one dollar every single second, it would take you over 31,000 years to spend one trillion dollars.

but what's a few trillion between friends? #SOTOTALLYANDHOPELESSLYFUCKED

Sat, 08/13/2011 - 23:55 | 1558285 Fred Hayek
Fred Hayek's picture

Nothing, huh? Sounds like you're volunteering to have your wages garnisheed to pay for it. Maybe you and Lloyd and Jamie who all probably think of such amounts as nothing can volunteer to pay it back to the citizens of the U.S.? I mean, it's nothing. What's the big deal? Get moving indentured servant.

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