Bailouts

Sean Bielat Making Barney Work For His Spot At The Trough

My readers know that I consider Barney Frank to be one of the top public enemies of the republic because of his almost 3 decade track record of progressivism in the US House.  I believe that Barney needs to be fully investigated, charged and convicted when it comes to what he knew and when he knew it in regards to banking, housing, and regulation. (The other two PEs being Bernanke and Geithner.) All of that being said, along comes a marine named Sean Bielat who has the economic credentials (Wharton) that Barney lacks, and who is giving B-Boy the political…
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The AIG Saga Continues: Treasury Hides $40 Billion Loss? (UPDATED Video)

Watch the latest video at video.foxnews.com Neil Barofsky isn't making any friends over at Treasury right now, considering he is slamming their changing methodology (without telling the American public) that make the losses at AIG looks significantly less than what they were 6 months ago. Is anybody surprised?  No; didn't think so. I know I will have died and gone to heaven when the Federal Reserve no longer exists and the big wall street banks aren't telling our government how it's going to be anymore. Treasury Hid A.I.G. Loss, Report Says The United States Treasury concealed $40 billion in likely…
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What Quantitative Easing Really Means = Bank Bailouts

Did you really think that the Federal Reserve's magic printing presses were actually going to help us, the average American. What follows is an excellent explanation of what QE actually means; more big bank bailouts.  Do you still have a bank account or credit card with one of these sharks? From Economic Collapse: The Biggest Bank Robbery In History? More Quantitative Easing = Backdoor Bailouts For The Big Banks Without Having To Go Through Congress The U.S. Federal Reserve is getting ready to conduct another gigantic bailout of the big banks, but this time virtually nobody in the mainstream media…
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Sean Bielat’s ‘David’ To Barney Frank’s ‘Goliath’

Massachusetts woke up earlier this year and reclaimed "The Kennedy" seat for the people when they voted for Scott Brown.  Now they have an even better choice in Sean Bielat to retire one of the main reasons for the financial collapse which started with the housing bubble created by the Dems' Community Reinvestment Act in 1977 and continued with the House Financial Services oversight by 30 year career politician, Barney Frank.  Mr. Frank, by the way, has absolutely no private sector or business experience at all; none, nada, zip.  How does a guy that knows nothing about how a business…
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