YES! They’re stealing people’s money to bail out the banks!
76%
YES! The U.S. loves bailing out the big banks too!
24%
Asked on Mar. 25, 2013 10:45 am
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Yes, they are stealing people's money to bail out the banks. That is exactly what they did here.
QE to infinity. That is the only way to keep the charade going.
PS Thom, some of your guests were arguing about the unemployment rate. Whatever the government says is far from the truth. They will always low ball the numbers. Check out shadowstats.com for real numbers.
At first I thought this was a 'trick' question. Then I realized that, with the degree of mis- and non-information that Americans tend to have (or -not- have), no, this really was a serious question .. for Americans. Anyway, I sit here and think about the different approaches taken by Iceland on the one hand and the 'western establisment' on the other. I also think about the -fact- that our so-called news media usually won't talk about it, and on the far too rare occasions when they do, they down-play the effects of Iceland's course of action as much as they can. Sadly, my father was right when he said that whoever controls the media controls both the message and the information people get, therefore being able to lead people around as easily as if they had a leash with a ring in their nose.
Frankly, the only thing the "crisis" in Cyprus tells me is that the 'banksters' and ultra-rich are trying - again - to hold on to the gains their immoral "legal-thievery" have gotten them (..so far..). The =last= thing they want is for 'the common lot' to figure out what's really going on -and- =then= get fed up enough to finally =DO= something both effective and correctly aimed to make a -lasting- difference. Unfortunately, I'm afraid it may come down to the 'remedy' Madam LeFarge(sp?) shouted all the time: "a la lantern!" (Meaning, hang them from the nearest lamp-post...)
I strongly recommend moving money to a good credit union, perhaps buying a good safe, a collection of cookie jars, or various safe deposit mattresses and other such money stashing devices.
There's still time before this sort of thievery migrates to the USA. Faith in banks could get pretty shakey. 1 lesson they seemed to have learned from the 1930's is to limit what you can take out, so a total run on banks is more difficult, but we've been forewarned.
Unfortunately, speculation involving 'austerity coeffients' are lifting greedy heads. That is, given your position in the economic spectra, you can fairly accurately predict when your personal freedom will become compromised. For the poor, elderly and dependent it's already occurring, but for the so-called lower, middle and upper classes they have a few years to a decade, and our country's Mediocrity Maintenance policies and programs almost ensure nothing will be done until, like the global operative imperatives, it's way too late.
Infinity is a long time. We'll probably all be dead before it gets here, so as Garth said "Party on Dudes and Dudettes!"