Former S&L Regulator: 'Absolutely' A Banking Bailout Coverup

April 15th is the perfect day to contact your HR department and adjust your tax exemptions to 9. Yes, it is time to stop paying Federal taxes in protest to the stealing of our monies and our government. We no longer have representation to our government.

Outright fraud! On the House floor, on October 1, Rep. Brad Sherman, D-California, 27th District, said the following about the threats that were being issued over the bailout bill: "The only way they can pass this bill is by creating and sustaining a panic atmosphere. That atmosphere is not justified. Many of us were told in private conversations that if we voted against this bill on Monday, the sky would fall, the market would drop two or three thousand points the first day and another couple thousand the second day, and a few members were even told that there would be martial law in America if we voted no." Where are our senators and representatives? We the people contacted them on the original $700B. 10 to 1 against this action across our land.

THEN Our new President appoints those greedy/immoral/responsible banksters to his "business" groups, his cabinets, etc. He tells one group of them “My administration,” the president added, “is the only thing between you and the pitchforks.” (politico.com "Inside Obama's bank CEO's meeting")

What is the Justice Department doing? Law enforcement? I have written/called/demonstrated .. I'll never be ready for pitchforks but I am ready to turn my meager dollars against this lawless bunch. If you do business with any of those involved, remove your money AND continue to call/write and demonstrate. As the protesters in London said, "GIVE US OUR MONEY BACK!"

S&F

As many have already said, this needs to get out. People need to KNOW exactly what it is their Congress has done to them and will continue to do.

Thanks for the great post.

For the record, if you only watch two programs on television - make them PBS's "Frontline" and "Now, With Bill Moyers".

If you're a stranger to them both, familiarize yourself. Especially 'Frontline'. The doc that they did on the financial crisis was a no-holes-barred dissection of the crisis that laid-bare the outright lies of BOTH parties.

Ten Trillion And Counting - Frontline

Inside The Meltdown - Frontline

These two programs are completely unafraid to speak truth to power and are the reason that the funding for PBS is continually on the chopping block in congress. They are not beholden to advertising dollars and ratings.

Nor do they play to the lowest-common-denominator... A'la Glen Beck.

[edit on 6-4-2009 by shrike071]

[edit on 6-4-2009 by shrike071]

All I have to say is flag this mutha. This is a great interview that anyone who cant put two and two together should watch. I WILL be in Ft Lauderdale April 15th at the tea party and Im hoping that most ATS members will have pics to post showing they too were at their respected tea parties. Enough talk on the internet its time for some real action....

Listening, a few other things come up that rolls this conspiracy into a greater conspiracy. How "convenient" is it that on the heals of the FBI announcing the warnings of fraud, the very task force that was dealing with investigating this fraud were pulled away to work on the 911 invenstigation, and their seats never filled.

What better way to cover up than to re-allocate the man power looking into the problem.

you know your economy is in bad shape when your banks are on walefare.

just kidding. I am having a hard time telling if this whole bail-out check is a loan or a gift.
I think we will need to call Judge Judy on this one.

I'm wondering what kind of security Mr. Black has?

We need more people like him to carefully bring to light the corruption so as to not call foul on the conspiracy theorists.

S&F

I believe this is my first post here. I am a middle class Texan. I go to work every day, pay my taxes, and pay my bills. I got out of the USAF in 1989 with a duffel bag of clothes, and no home. I have worked every damned day since then to get where I am now.
I find this sort of thing to be completely repugnant, and against the very moral fiber that this country stands for.
I did not vote for Obama, but was/am willing to give him a chance to see if he is just another politico. From what I have seen, he is just that. I liar and a cheat. I cannot believe that our Congress is allowing this to happen, and have now lost ALL faith in our government.
For the first time in my life, I am disgusted to be an citizen of the US.

Even Wall Streeters are starting to put on their tin-hats:

www.portfolio.com...