Great deal for scumbags!Bankers profit at our expense.

Don't know if any body has seen this ,it's a year old .This was sent to me by a friend today.Thought it should be put out there.

I did a search and didn't find anything so here goes.

This video is short and is the whole story

You want to give us a synopsis so we can decide if we want to spend time watching it?

reply to post by sonofliberty1776

Scumbags could only possibly mean the banks, investment firms, and maybe the government and Soros

Just a guess.

The thread title and opening post could use a bit of work

reply to post by sonofliberty1776


The video tells how our friends at goldman sachs not only were not only able to buy the assets of failed banks for less that the real price but were payed the difference by the FDIC.

reply to post by ~Lucidity


I couldn't get the video to embed.The video tells the story.It isn't very long.It's the whole story.

reply to post by lonegurkha
Ok, thanks. Sounds like it may be worth the time.

And we might as well get used to it. Since the Tea Party GOP has power now; expect more lax regulation and more tax cuts going to the weathly bankers.

Should we ever get off of our asses and play like the Egyptians( ) I propose that in the new government no bank or other financial institution be permitted to have more than $100,000,000 in assets including outstanding loans. This should lead to the revival of small banks. I would also suggest a national maximum interest rate of 9.9% fixed for the life of the loan.

reply to post by sonofliberty1776


Great idea .....I think I like it.