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Reply #5: After the TARP and the Bailout [View All]

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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 11:55 PM
Response to Reply #3
5. After the TARP and the Bailout
hundreds of thousands of jobs were outsourced by the very banksters we gave money to. This outsourcing resulted in Huge bonuses for the same banksters.
A hedgefund, named:the "wolfpack "(funded by us), is currently destroying Greece. They say their next target is Europe and they hope to end up in California. Last month they paid themselves the equivalent of the entire Greek debt. If these unregulated capitalist firms are left unregulated, that will crash the economic systems of the world (maybe not Latin America). Yes, we need jobs desperately, but the glass-steagal act has to be reinstated immediately or it won't matter. Canceling all of the "free trade" agreements would greatly improve our job creation and bring back manufacturing and Unions. Or we can just let the wealth distribution stay as it is. America has the worse wealth distribution of all of the "civilized nations" because they kept their manufacturing sector along with their Unions. I suspect that is why Greece and Europe are number 1 on the "hit list." We don't want Americans to realize that other countries actually have it much, much better than Americans. We are number 1, in inequality. It is a shame that the 80% (millions of people), that own 3% of the wealth, won't protest locally for one day, to let the ruling class know we are tired of serfdom..
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