Sammy Jankis
Was it me?
Sure, if you like lying deranged biatches with no character.
Obama and his Economic Team are a Band of Theives
- Thread starter blackascoal
- Start date
Sure, if you like lying deranged biatches with no character.
Annie
Not So Junior Member
I pm'd her, she said she'd come and take a look. I've my fingers crossed.
Cancel 2018. 3
<-- sched 2, MJ sched 1
stop talking about yourself all the time
blackascoal
The Force is With Me
Here's one of the reasons why the crooks won't tell you where the money went ...
ATTKISSON: But CBS News has learned the banking industry was clued in from the start. Listen to what BB&T Bank's chief executive told analysts in a conference call shortly after the bailout passed. He's not talking about using bailout funds to help with mortgages or consumer credit, but to buy other banks.
Mr. ALLISON: (October 16, 2008) This is a relatively inexpensive way to raise capital for acquisition opportunities.
ATTKISSON: A month later they got $3 billion in bailout money. Just look at all the banks we found that have gotten taxpayer bailout funds and are gobbling up the competition. Bank of America received $15 billion and bought Merrill Lynch, which got $10 billion even as it was up for sale. Morgan Stanley is buying China Trust Bank. A half dozen more got bailout money and are buying other banks. Nobody from the Treasury Department would respond to our questions, but some analysts say the idea is to strengthen the banking industry by giving strong banks the means to take over weak ones.
It's not necessarily working out that way. Some banks judged by federal regulators as strong, like Merrill Lynch and Provident Bank Shares, are the very ones getting bought out. And some in Congress are upset that the Treasury secretary is hand picking winners and losers.
Representative DARRELL ISSA (Republican, California): (November 14, 2008) Hank Paulson gets to decide who lives and who dies, who buys whom.
ATTKISSON: Take PNC Bank and National City. Both wanted bailout money, but only PNC got it, then bought National City.
Rep. KUCINICH: You picked a winner, PNC, and you picked a loser, National City Bank.
http://www6.lexisnexis.com/publishe...&topicId=100007217&docId=l:909734341&start=28
Now, Obama doesn't want congressional oversight on the additional 350 billion.
Obama is a fraud and a crook. The money has went to and is going to the same crooks who financed Obama's campaign and who are the biggest contributers to his inauguration.
ATTKISSON: But CBS News has learned the banking industry was clued in from the start. Listen to what BB&T Bank's chief executive told analysts in a conference call shortly after the bailout passed. He's not talking about using bailout funds to help with mortgages or consumer credit, but to buy other banks.
Mr. ALLISON: (October 16, 2008) This is a relatively inexpensive way to raise capital for acquisition opportunities.
ATTKISSON: A month later they got $3 billion in bailout money. Just look at all the banks we found that have gotten taxpayer bailout funds and are gobbling up the competition. Bank of America received $15 billion and bought Merrill Lynch, which got $10 billion even as it was up for sale. Morgan Stanley is buying China Trust Bank. A half dozen more got bailout money and are buying other banks. Nobody from the Treasury Department would respond to our questions, but some analysts say the idea is to strengthen the banking industry by giving strong banks the means to take over weak ones.
It's not necessarily working out that way. Some banks judged by federal regulators as strong, like Merrill Lynch and Provident Bank Shares, are the very ones getting bought out. And some in Congress are upset that the Treasury secretary is hand picking winners and losers.
Representative DARRELL ISSA (Republican, California): (November 14, 2008) Hank Paulson gets to decide who lives and who dies, who buys whom.
ATTKISSON: Take PNC Bank and National City. Both wanted bailout money, but only PNC got it, then bought National City.
Rep. KUCINICH: You picked a winner, PNC, and you picked a loser, National City Bank.
http://www6.lexisnexis.com/publishe...&topicId=100007217&docId=l:909734341&start=28
Now, Obama doesn't want congressional oversight on the additional 350 billion.
Obama is a fraud and a crook. The money has went to and is going to the same crooks who financed Obama's campaign and who are the biggest contributers to his inauguration.
Sammy Jankis
Was it me?
The Illuminati Folks are using their magic money box to take over society. Cool.
blackascoal
The Force is With Me
... and using a convienient black face to do it as well.