{{{€€Bank of America Secretly Asking Congress for a Banking Industry Bailout

I thought we did this already.


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Ah good times. Thanks for the walk down memory lane. lol.

Nah what they did is, prolonged the inevitable.
They are trying to do that again now by freezing foreclosures and sales of foreclosed properties.

The first bailout was all bonus money. This round may actually bail them out. Get ready. Congress delayed the vote on extending Bush's tax cuts till after the election. LOL A bad sign for sure.

From February 24th, 2008.

OH I thought we handled this too big to fail with the new financial bill. Yeah right. They got even bigger during this nightmare, gobbling up failing banks.

EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!EPIC GODDANM FAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​!!!!!!!

hahaha

Damn those guys are smart. They found yet ANOTHER way to rob the taxpayers of all their money.


"Okay guys, we can't do that whole derivative bullshit again.. what else can we do?"

"How about we foreclose on everyone we can as fast as we can without ever looking over the documents? That way we crush the market and when the government finally figures it out, we'll say 'If you stop us, there will be riots in the street and martial law!'"

"Brilliant. You'll get the first bonus when we get this new bailout!"

"Sweet, I need a new yacht. 200' are soooo last year!"

goddanm... big box mart?

ima smoke blunt and go there right now...

a little out of date


February 24th, 2008

Via: New York Times:

date of article


from article at cryptogon.com


If lawmakers and the Bush administration agreed to this step, it could be on a scale similar to the government’s $200 billion bailout of the savings and loan industry in the 1990s.

not just no, FFFFFFFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU​UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCCCCCCCCCCCCC​CCCCCCCCCCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK​KKKKKKK NO!

This was pinned back it '08, LOL!

Obama was told what to do 10,000 times.
He ignored it.

This is merely another bandaid to fix cut artery.

The entire world's financial system is awash in fraudulently rated mortgage backed securities, tungsten salted fake gold bars, and official corporate annual reports that are nothing more than smoke and mirrors.


The whole problem is the banks sold the world about a quarter quadrillion dollars in toxic waste junk bonds that they now cannot sell.

The government printing money like never before in history and is just praying we somehow come out of this financial crisis before the world discovers just how much has been printed and the dollar does a death spiral.

It's almost game over now, the wheels are coming off early in 2011.


Got silver?

The date from the article is 2008. This has already happened, that was TARP.

In the midst of this, we got a GLP watch dog reporting on that pesky House Bill 4646 requiring a 1% tax on every bank deposit/transaction, including direct deposits, which involves all transactions in the stock market as well, and will be a windfall for the banks.

This country is broke, and the Fed and big banks are coming after what little we have to postone the inevitable. Foreclosures, increased taxes, our retirement funds, insurance monies, etc., etc.

We must keep watch over this outrage until Dec. 23 and beyond if Congress extends the deadline for passage.
.

Yeah, seriously. . .BOO! Don't you have anything better to scare us with?

LAME-ASS PIN!

Yes, and unfortunately it reflects back to a time when there at least seemed to be a minimum effort to check links and reinforces GLP used to have a bit of credibility with breaking stories.

Given the immediacy of the economic situation and some examples of things I've seen pinned over the last couple days, this place is simply becoming too unreliable to have the time to sort through all the crap.

Hmmmm.... so secret it's a pinned thread on GLP.

You guys make me laugh sometimes.

Of course the banks will be bailed on demand. They are too big to fail dontchaknow?

February 24th, 2008
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2 year old shit pinned. alert alert... old shit pinned

He was right, 0bammy was dumb

Open your wallet. If there is even one dollar in there, the transfer of wealth to the elites will continue.

Considering this was in 2008 you're a little late.

This is in Feb. The S didn't really HTF until Sep 08. According to reports BOA is secretly asking the Federal Reserve for help. This is why I (OP) posted with the name HistoryRepeats. Whoever pinned this understands....

You have 8 months MAX

Carry on sheeple

guberment needs to just declare all mortgages null and void and start all over.