Saturday, February 21, 2009


Continuing along Nazi Citigroup/Obooma's United Suckers and Assholes Great Historical Swindle, Heist and Boondoggle, an EXCERPT below. MY emphasis in BOLD.
Link follows:

"...Most banks no longer hold the loans they make, content to collect interest until the debt comes due. Instead, the loans are bundled into securities that are sold to investors, a process known as securitization....

...The Obama administration hopes to jump-start this crucial machinery by effectively subsidizing the profits of big private investment firms in the bond markets. The Treasury Department and the Federal Reserve plan to spend as much as $1 trillion to provide low-cost loans and guarantees to hedge funds and private equity firms that buy securities backed by consumer and business loans...

...Simon Johnson, an economics professor at the Massachusetts Institute of Technology and a former chief economist at the International Monetary Fund, said many people might take a dim view of the TALF program because it provided government subsidies to investors like hedge funds. Investors who borrow from the Fed could enjoy annual returns of 20 percent or more..."


Of course, all lobbyists are swarming like bees in a hive around Washington for their financial largesse paid by United Suckers and Assholes tax debt and subsidies to the ABOVE!

To paraphrase, "There's a sucker born every minute." This must be one of the world's all time greatest rackets! They/it really needs an award:

And, here's alittle snippet, below, of some West European company names invested in pre-Soviet Eastern Europe NOW "threatened" by economic meltdown.

From MEMORY, I recall an astoundingly high figure, somewhere between 7,000-9,000 major state industries in greater Eastern Europe privatized AFTER the fall of the Soviet Union.

I cannot recall from memory, however, whether or not the above number encompassed geographical areas such as Ukraine, Belarus, etc.

In either case, this was an historic event of unparalled, epic proportion and catastrophy which MUST be reversed and overturned:

As part of the reversal process, above, here's another inspirational note from Greece, with more news available at this and other websites, blogs, sources, about resistance and opposition throughout the globe, EXCEPT, of course, in homegrown Nazi Citigroup/Obooma Alice in Wonderland Through a Looking Glass Darkly Suckers and Assholes Nation, where political Right and Left are indistinguishable, artificially manufactured and created categories, etc.:

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