Wednesday, August 27, 2014

During The Meltdown Big Banks Borrowed From Fed & Loaned It Back For 600% Profit

"American Plutocracy: Who's Punished And Who's Not"


"Plutocracy Triumphant"
A Cartoon Compendium


Alan: Whereas Afro-Americans get killed for "walking while black" -- even in their own neighborhoods! -- un-jailable Wall Street felons (like Bo Brownstein in the above photo) "steal" 40% of every middle class American's net worth and don't even get reprimanded. Instead,  because The Big Boys (and Big Girls) are deemed "too big to fail," these financial thugs are re-warded with tens of billions of dollars lavished on them with exceptionally low rates of interest, dollars they immediately turn around and lend again -- often loaning it back to the government... at a profit of 600%. As unbelievable as this margin seems, my brother, the vice-president of the 50th largest accounting firm in the United States, says this sort of "flipping" is a garden-variety fact. 

"The great masses of people will more easily fall victim to a big lie than to a small one... All this was inspired by the principle - which is quite true in itself - that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods. It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously... By means of shrewd lies, unremittingly repeated, it is possible to make people believe that heaven is hell - and hell heaven."  "Mein Kampf," Adolf Hitler

"Between 2007 and 2010, The Net Worth Of American Families Plummeted By 40%"

Largest Banks Profited By Borrowing From Federal Reserve, 
Then Lending That Same Borrowed Money Back To The Federal Government For A Six-Fold Profit

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