By now just about everybody realized that Obama's "change" meant that the people get LESS and the bankers get MORE.
Obama would rather kill every working person on the planet than stop protecting his BUDDIES, the bankers. I never thought ANYBODY could be so cold and ruthless.
From the Common Good Bank blog:
Money is just an accounting system, keeping track of who is entitled to how much goods and services. Edwin Clarence Riegel pointed this out as early as 1944. However, most people still think of money as something physical — something that has to “come from somewhere”.
Collectively, in your local community, you indirectly borrow millions of U.S. dollars to keep track of the money that is circulating within the community. We all do. This makes no more sense than renting points to keep track of baseball scores.
Common good banks can save communities millions, by making it easy for us to stop renting our accounting units.
The Fed (with Obama's blessing) decided to "create" a trillion dollars out of NOTHING to buy federal debt and BAD DEBT.
Madoff got petty cash compared to the Federal Reserve scam and the trillions the bankers are looting.
They COULD be giving the "accounting units" to the people.
But we can't have that! We have to make sure that the people stay indebted and continue to work for next to nothing so they can hand over what little they have to the bankers for "rent."
AIG is being funded with YOUR (future) tax dollars to pay out for the transactions they insured for the BANKERS.
... And who were AIG's trading partners? No shock here: Goldman, Bank of America, Merrill Lynch, UBS, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Barclays, and on it goes. So now we know for sure what we already surmised: The AIG bailout has been a way to hide an enormous second round of cash to the same group that had received TARP money already. ...
Nobody funds YOU to ensure that YOU can pay your bills and debts with plenty left over for good times and parties.
Do you pay 20 - 30% "rent" for "accounting units" that were created by the banks out of NOTHING so they could exploit you?
It's FUN to tell collectors that you'll pay back every penny as soon as YOU can create dollars as the banks do.