The Market Ticker publish Karl Denninger says Damnit, Stop the Looting Now!
This is the wholesale LOOTING of America and EVERY AMERICAN CITIZEN by the BANKSTERS who just months ago cried poverty and demanded public largesse – RIGHT DAMN NOW – lest the entire banking and financial system collapse in a smoking heap.
The American People told you by a 300:1 margin – not just NO but HELL NO!
The American People were WISE.
The American People were willing to accept THE IMMINENT IMPLOSION of the American Banking System and the financial destruction of ALL the robber barons who had ripped them off blind then violated them from the rear once they could no longer see, SO LONG AS THOSE SCAMMERS WERE ALL RUN OUT OF TOWN ON A RAIL, BANKRUPT, WITH NOTHING MORE THAN THEIR UNDERWEAR ON THEIR UGLY, DISGUSTINGLY-FAT BODIES – AFTER THEY GOT OUT OF PRISON.
But NO!Â You couldn’t do that!Â You couldn’t let the PATRONAGE stop!Â You couldn’t be without the billion in campaign contributions over the last decade, the K-street wonders who lobby you on a daily basis, nor could you deal with losing your own special deals like your cut-rate loans for your own properties through “Friends of Angelo.”
So you not only bailed them out, forcing the American people to pay for their own financial rape, you knowingly turned a blind eye while the ripoffs and scams continue, guaranteeing that the violations would continue on a daily basis.