Newsflash

US Government Nationalizes Only Bad Debt
In the latest coup by bankrupt bankers Paulson, Sec. Treasury has colluded to back all the "toxic loses" of all banks, investment houses or anyone holding a billion in bogus debts. These loans are so bad no one would touch them with a ten-foot pole and the US government, in its last days of the Bush Administration has nationalized the debts of every big banker, money market, or insurer. Profitable debt can remain in private hands; this all comes paid for with tax dollars. You lose America; your money will now have to devalue 50 percent more in the next months while the USA banks reap more profits now that you took the debts! Bonus for all the CEO's please!
 

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Government Makes 73 New York Millionaires
Written by Randy Penn   
Tuesday, 17 March 2009

US Government Uses Bailout to make 73 New Millionaires in NY

 

AIG, the nationalized insurance giant continues to hand out million dollar bonuses to the same individuals that created the financial frauds that stripped the people of America of their wealth, homes and well being. The government took over AIG last fall and owns over 80 percent of the insurance industry. Working to continue the continuum the government has handed out over 150 million of money it borrowed from China to reward the people who crushed the company it took over.

 
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US Bailout Includes Shabby EU Banks
Written by Randy Penn   
Saturday, 27 September 2008
The Bush administration is working fevershly with the private Federal Reserve to nationalize the losses of bankers, Wall Street, Insurance companies, and Money Market fraudsters.The understood reason for this urgency, before the markets open in the Far East, is the bankers in other countries want in on the free for all money give-a-way.

Who are the Banks in Waiting?
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US Taxpayers Say Give Us Your Sick and Dying Debts!
Written by Randy Penn   
Monday, 22 September 2008
US taxpayers Free Hand-Outs To The Super-Rich

While it may astound you to see the government nationalizing corporate losses as they privatize their profits this Sunday found Paulson sticking up a free money sign. With everyone in a panic and not allowing the failed companies to die the death they deserve Paulson has the nerve to insist the USA take on all bad debt of foreigners, foreign banks, and foreign investments. All that is necessary is for Paulson to say it is needed to stabilize an out of control banana currency.

All this in an election year?
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