Friday, October 16, 2009

Record profits for banks

It nice to know what a great job our taxpayer dollars did for the big banks. They are doing great. What about you and I? The fact is that most Americans are struggling just to get by. Meanwhile the bank executives are getting unprecedented pay raises, as they continue to find more and more ways to get around any kind of fair lending to the general public.
The financial reform bill is filled with loopholes, put their by Tim Geitner and his cronies to make institutions like Goldman Sachs, JP Morgan and Citibank, larger and more powerful than ever.
We now work for these people. They own us, we don't own them.

If we do not have a revolution soon, we will be forced again into deeper and deeper debt to these corporations.

Friday, October 9, 2009

Banks continue to bilk the system

The so called financial bailout has done nothing for the people who were supposed to benefit from this program. The billions of tax payer dollars that were funneled to the large banks has now made them even bigger. They have no regard for their clients. Their main goal is to provide as much money to their corporate executives as possible. The money provided by you and I has only lined the pockets of the top bank executives.
This money was supposed to be used for new loans. Less than 2% has been put to this use.
It is criminal, yet nothing is being done about it. The media is not talking about it, because the media is also corporate owned.
We are in a downward spiral that is headed for a crash a hundred times worse than what we experienced in the fall 2008.
Corporate greed is now worse than ever.