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** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN

 
Anonymous Coward
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03/24/2009 09:52 AM
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** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
[link to www.youtube.com]



Last Edited by ^TrInItY^ on 03/24/2009 10:26 AM
FyreSt0rm

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03/24/2009 10:10 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?
-------
check out [link to www.intldyn.com] to get an idea of what I do.
Anonymous Coward
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03/24/2009 10:25 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Not only do they dump off the bad assets. I think they can then buy them back at like 10% and make a profit if it goes up but walk away if it falls. Insane
Mad
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03/24/2009 10:26 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Lets getem This company a bank credit collections calls for my son everyday I go to get him and they hang up before I get back… Please… Call this number 866-544-2755.. they are in INDIA but say they are in Minnesota remember it cost them 10 cents per minute and they will need a stimulus package if we keep calling them!!! Please post please tell them they work for the problem!!!!!!!Tell them we are mad and will not take it anymore
Anonymous Coward
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03/24/2009 10:38 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
I SAW THE TITLE OF YOU THREAD AND THAT ILLEGAL ITS CALLED RAPING.
Anonymous Coward
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03/24/2009 10:41 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?
 Quoting: FyreSt0rm

i guarandamntee you even if pelosi, frank, or dodd watched this simple explaination of what is gonna really happen they still would not understand.
Avian

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03/24/2009 10:43 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Trin,
I think for the first time in history we need a triple dog dare pin

pinthis pinthis pinthis
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."
- Frédéric Bastiat

food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck
WomanInBlack

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03/24/2009 10:43 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
:haveplanth:
We forfeit three-fourths of ourselves in order to be like other people.

Les Ruines De La Modernité-Pendaison De L'Humanité
Anonymous Coward
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03/24/2009 10:46 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
same shit, different day
Hiro Protagonist

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03/24/2009 10:47 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
It should be obvious from the market reaction, who benefits from the deal.
Yours Truly!
Anonymous Coward
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03/24/2009 10:47 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
It seems probable the national and 'privatized' security services have long established relationships to various banks via money laundering for black projects funded by narcotrafficking
Anonymous Coward
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03/24/2009 10:50 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
All the black operations within the USA have created a gold mine of opportunities here for infiltration and corruption by foreign intelligence
Matrix
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03/24/2009 10:56 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
First by inflation, and then by deflation....
shark
Anonymous Coward
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03/24/2009 11:04 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Incredible... I'm calling my Congressmen right now and going to bitch like hell. I suggest everyone else do the same.
Jimmy2times
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03/24/2009 11:11 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
I said it before and I'll say it again...

What they are doing is making rich people EVEN RICHER at our expense.

Those who have the capital to invest in this, stand to make a LOT of money in the long run for very LITTLE up front.

Watch and learn how the transfer of wealth happens...
It is NOT from the rich to the poor...

It is from the MANY to the FEW.


Thread: Market Watch – March 24, 2009 – Why the Legacy Loan Program Plan will not work!

The financial system is being run like a casino. We are NOT the house though, we are the sucker playing against the house. The only thing is we elect people that don't know how to gamble or when to get up from the table.

They (Congress) place a bet and play ANY and ALL hands regardless of the risk.

They (Congress) are placing the bets with OUR money and getting paid to lose from the HIGH ROLLERS.

The Banks make money from both sources, the high rollers and the tax payer. What the BAILOUTS have made them believe, and rightly so, is that no matter what happens, they can't lose.

Biggest problem I see coming is the ability to support the massive amount wagered.

Soon enough, Hu Jintao the bookie is gonna call his loan, and if we don't pay, well we all know the kind of people a loan shark sends to collect.

How do you settle a debt when you don't have the money to settle?

You go and TAKE what little you can get...

Not to worry, I'm very sure Mrs. Clinton can work out a payment plan that involves sending even more debt overseas while Mr. Obama does his part in taxing the voters of the ONCE great country.

My advice, start having babies (like Octomom), because America needs more tax payers, and illegals DON'T pay taxes.
Anonymous Coward
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03/24/2009 11:14 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
WTF!!!!!!!!!!!
Anonymous Coward (OP)
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03/24/2009 11:15 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Trinity,

Thanks for cleaning up the original post.

Banks buying their own toxic shit via an off balance sheet entity for pennies on the dollar and we pick up the tab PLUS give them TARP money to cover their own loses AND the original "Private Investment" money.

What a fucking farce!
Anonymous Coward
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03/24/2009 11:28 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Thanks goodness some of our States are declaring sovereignty and by doing so are warning the federal government to back off! If necessary with a 2/3 vote (of all States) we can dissolve the Federal government and start again if need be. Sadly I don't think there is much we can do to save the one we've got. The dollar is going bye-bye whether we like it or not but at least we can take back control and if we have to barter in gold, silver, and other goods/services, so be it. But I will NOT support the NWO and apparently the Obama administration does. The White House is now saying that a new reserve currency would be in our best interest as well. We can no longer trust those in charge. (Like we ever could.)No matter how all this plays out, we will have to start over as a Country. Do we want to do it the right way? The way our founding fathers envisioned? Or do we want to become Russia?
AsperGirl

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03/24/2009 11:30 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Trinity,

Thanks for cleaning up the original post.

Banks buying their own toxic shit via an off balance sheet entity for pennies on the dollar and we pick up the tab PLUS give them TARP money to cover their own loses AND the original "Private Investment" money.

What a fucking farce!
 Quoting: Anonymous Coward 640736


I had to go back and read Trinity's post, b/c I missed that part. I didn't even think of the fact that these "private investors" could be the banks themselves, dumping their risk on us! Wow.
Anonymous Coward
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03/24/2009 11:32 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?

i guarandamntee you even if pelosi, frank, or dodd watched this simple explaination of what is gonna really happen they still would not understand.
 Quoting: Anonymous Coward 508527


The only thing they understand is how much they will get in campaign contributions.
Anonymous Coward
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03/24/2009 11:35 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Trinity,

Thanks for cleaning up the original post.

Banks buying their own toxic shit via an off balance sheet entity for pennies on the dollar and we pick up the tab PLUS give them TARP money to cover their own loses AND the original "Private Investment" money.

What a fucking farce!
 Quoting: Anonymous Coward 640736


Thanks OP, for posting this.

For whatever good it will do, I've already called my Congressmen and told them all the same Dem or Rep, i.e.; "This plan does nothing more than reward either incompetent or criminal behavior at the expense of the common citizen. It's insane that we prosecute and jail people for stealing $50. but reward people that essentially steal $50,000,000,000. I want to see ALL bailouts end NOW, allow these companies to go bankrupt, and that I do not buy into the fear mongering that if we don't bailout these jerks, that it will be the end of the world. It will actually be the beginning of a BETTER one."
AsperGirl

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03/24/2009 11:39 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?

i guarandamntee you even if pelosi, frank, or dodd watched this simple explaination of what is gonna really happen they still would not understand.

The only thing they understand is how much they will get in campaign contributions.
 Quoting: Anonymous Coward 366482


They understand. They know exactly what is going on. This has been going on for a long time. Back when banks pushed through bills in the last 1990's to strip regulations off their industry. They even got a law passed that barred the government from regulating credit-backed derivatives, after some attorney general started investigating false valuations and bad risk assessment -- the problems that led to the bubble.

Chis Dodd (D) and Barney Frank (D) and Phil Gramm (R) have been running interference for banks under everyone's noses since forever.
Anonymous Coward (OP)
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03/24/2009 11:40 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN




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

To summarize... basically this plan lets the banks dump their losses onto the fed and the tax payer..

The "private investor" in this plan ends up being a bank who can then set the price they buy back their own "toxic assets" 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!@!@
 Quoting: ^TrInItY^



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 more than 100 cents on the dollar when you consider the sources of all funding for every aspect of the plan.
Anonymous Coward
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03/24/2009 11:42 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN




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

To summarize... basically this plan lets the banks dump their losses onto the fed and the tax payer..

The "private investor" in this plan ends up being a bank who can then set the price they buy back their own "toxic assets" 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!@!@
 Quoting: ^TrInItY^


Thats how I saw it. The question is why is geitner and the tres. secretary before paulson purposely putting the usa taxpayers in such jeopardy.
Anonymous Coward
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Greece
03/24/2009 11:44 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?
 Quoting: FyreSt0rm

..be sure that they DO see it this way..
Anonymous Coward
User ID: 639348
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03/24/2009 11:45 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN




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

To summarize... basically this plan lets the banks dump their losses onto the fed and the tax payer..

The "private investor" in this plan ends up being a bank who can then set the price they buy back their own "toxic assets" 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 more than 100 cents on the dollar when you consider the sources of all funding for every aspect of the plan.
 Quoting: Anonymous Coward 640736


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.
Anonymous Coward
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03/24/2009 11:46 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Now we all know why the Dow was up! The rich and in-charge are getting more at our expense.
Sireen-reborn

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03/24/2009 11:47 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Trinity,
I'm stealing your comments and posting it on my myspace....excellent video OP, as well as laymen type explanation from Trinity!
anything after 'but' is bullshit!

[link to www.myspace.com]

"Once you open your mind to the possibility of conspiracy, you then see conspiracy in everything." [link to deadbydecember-sireen.blogspot.com]
Anonymous Coward
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03/24/2009 11:47 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
interesting to say the least. sometimes you have to stop and wonder, why do the people in government not think that way?

i guarandamntee you even if pelosi, frank, or dodd watched this simple explaination of what is gonna really happen they still would not understand.

The only thing they understand is how much they will get in campaign contributions.


They understand. They know exactly what is going on. This has been going on for a long time. Back when banks pushed through bills in the last 1990's to strip regulations off their industry. They even got a law passed that barred the government from regulating credit-backed derivatives, after some attorney general started investigating false valuations and bad risk assessment -- the problems that led to the bubble.

Chis Dodd (D) and Barney Frank (D) and Phil Gramm (R) have been running interference for banks under everyone's noses since forever.
 Quoting: AsperGirl


But I thought the banks were the usa government. That the peasant populace is just there to serve the bankers.
Anonymous Coward
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Greece
03/24/2009 11:53 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Now we all know why the Dow was up! The rich and in-charge are getting more at our expense.
 Quoting: Anonymous Coward 418693

smart guy... bump
Anonymous Coward (OP)
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03/24/2009 11:55 AM
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Re: ** MUST SEE ** HOW THE BANKS WILL FUCK US AGAIN UNDER GEITHNER"S NEW PLAN
Honestly, after watching this video, if you do not get it, please say so and ask one of us to explain it in a different way.

Don't be afraid of looking dumb. It is important that EVERYONE understand what is happening.

It has been my experience that the people who don't get it the first time are the most pissed when it is explained to them and the light turns on.





GLP