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** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
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[quote:Anonymous Coward 639348:MV83NTYwMjJfMTE2MDcyNzdfMUQ1REM1NTI=] [quote:Anonymous Coward 640736] [youtube]http://www.youtube.com/watch?v=n-arbfLTCtI[/youtube] JESUS FUCKING CHRIST~!! Thanks for this OP.. This is the first time anyone has made sense of this plan.. and let me tell you something.. after seeing this.. the dollar is FINISHED 100% my god... :damned: [b]To summarize... basically this plan lets the banks dump their losses onto the fed and the tax payer..[/b] [b]The "private investor" in this plan ends up being a bank who can then set the price they buy back their own "toxic assets"[/b] for with the help of the fed paying for 86% of it and the treasury another 7%... So they get to re-price their bad assets then buy them back from themselves with tax payer money.. when they are finally valued the loss will be something like 70% to the tax payer and worse a PROFIT for the banks... It's unbelievable.. THIS IS FUCKING CRIMINAL!@!@ The sickest part of this is that the "initial money" for the "private investment" was given to the banks also as TARP money. So the banks stand to get out of these "toxic assets" for [b]more than 100 cents on the dollar[/b] when you consider the sources of all funding for every aspect of the plan. [/quote] I beleive the definition is Robbery by the banks and insurance companys. Sure shows who matters in the usa. The rich partying bankers and insurance companys on the dead carcass of the american public. [/quote]
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