Obligatory Naomi Klein *quality & *doublepromote

Boosting this quality contribution up in the Hot Listing - declared quality by dystopianfuturetoday.

Double-Promoting this video and sending it back into the queue for one more try; last queued Friday, October 7th, 2011 5:15am PDT - doublepromote requested by dystopianfuturetoday.

this is exactly the same premise as when the Arab spring uprising happened in Tunisia, the U.S. would forever state "If only the citizen's would take matters on themselves and rise up against their oppressors in favor of democracy rule, things would be soo much better" and when it happened they did not know how to react to it because they had absolutely no control over the outcome and whether it would favor their interests as well.

it's a really tragic thing now how the tea party is wholeheartedly accepted and embraced by CNN and other news networks now as legitimate and the more grass-roots movement of occupy wall street is not!. and personally i like and respect even the individuals who aren't in sync with the overall message and bring their own opinions which means its theirs, and they are not being feed notes on what to think or not to think by the shadowy millionaires in the background who are really the cause of its appeal.

Erin Burnett is a Cunt. And she's engaged to a Citigroup Executive.

What the fuck are they talking about "taxpayer's made money on the bailout?" What?

NO, seriously. Why is no one on the show refuting this statement? Is there something I don't know? Is this the latest bullshit that we're telling ourselves?

>> ^Ryjkyj:

NO, seriously. Why is no one on the show refuting this statement? Is there something I don't know? Is this the latest bullshit that we're telling ourselves?


My understanding of the situation is if you take TARP, by itself, not the multi-trillion gift from the FED, and don't account for inflation, then the US government has more cash now than they put in.

It all depends what you mean when you say "the bailout".

We all paid in inflation for the the FED giving money out of thin air before TARP was even proposed, but nobody is even pretending to claim that we go that back, they are just pretending it did not happen.

At the end of the day TARP is a problem because it privileged banks over citizens, not because it cost tax dollars.

Congress could have simply handed $0.25T to Fannie and Freddy instead and told them to buy up all "toxic mortgages" at market rate, and then renegotiated them to keep people in their homes. We could have tippled our money, and gotten the poison off the bank balance sheets, stabilizing the banks, and benefiting the citizenry of the country.

The problem with that plan is that the big fish in the market profit from constructed scarcity, so any scarcity reducing plan like that goes right out the window.

Yeah, I looked it up. Basically, the fucking uber-rich were going to lose their money when the housing bubble burst. So we gave them a shit-ton of practically zero-interest loans, and because they paid it back, they say that we made money. But only on TARP. It has ABSOLUTELY nothing to do with any of the other bailouts. Not to mention, they should be kissing the American public's ass for saving theirs. This woman is so full of shit it's scary.

They better be careful too. The people that they're mocking are a VERY large group. The mob doesn't have to be polite, or intelligent, or even right to do serious damage.