Sunday, December 4, 2011

Michelle my belle ( ding-dong)

Mrs. Bachmann recently stated that the OWS movement is composed of a bunch of freeloaders that want free stuff!  Look as this list of bailouts.
The corporations wanted and got bailed out. Now they and their American mouthpiece­s want the 99% to pay the price. The list of institutio­ns that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows...

Citigroup: $2.5 trillion ($2, 500, 00­0,000,000)
Morgan Stanley: $2.04 trillion ($2, 040,00­0,000,000)
Merrill Lynch: $1.949 trillion ($1, 949,00­0,000,000)
Bank of America: $1.344 trillion ($1,344, 00­0,000,000)
Barclays PLC (United Kingdom): $868 billion ($868, 000, ­000,000)
Bear Sterns: $853 billion ($853, 000, ­000,000)
Goldman Sachs: $814 billion ($814, 000, ­000,000)
Royal Bank of Scotland (UK): $541 billion ($541, 000, ­000,000)
JP Morgan Chase: $391 billion ($391, 000, ­000,000)
Deutsche Bank (Germany): $354 billion ($354, 000, ­000,000)
UBS (Switzerla­nd): $287 billion ($287, 000, ­000,000)
Credit Suisse (Switzerla­nd): $262 billion ($262, 000, ­000,000)
Lehman Brothers: $183 billion ($183, 000, ­000,000)
Bank of Scotland (United Kingdom): $181 billion ($181, 000, ­000,000)
BNP Paribas (France): $175 billion ($175, 000, ­000,000)
And many many more including banks in Belgium of all places.

The Occupy folks don't want others to pay for their stuff. They, as the rest of us in the 99% are tired of paying for the billionaire’s tax breaks and private jets and their privileged lives. It is WE who are paying. It is THEY whom you and your party are protecting from participat­ing in OUR efforts to rein in debt. You and your party believe we should pay for their financial security by reducing our financial security at the time in our lives when it's most needed by those NOT IN THE 1%. You seem to think we should underwrite their priveleges by having less medical coverage in our late years, less schooling for OUR kids while theirs get Legacy acceptence and don't require student loans.
Didn’t everyone think that with the bank bailouts to help get them out of debt would be passed on to their customers?  I thought that banks would use this money to restructure bad loans and help their customers keep their homes. Instead they put this money into the pockets of their employees and still foreclosed on people who had home loans through them. Fair? I blame our leaders for not requiring our banks to give every foreclosed home owner a new loan with fair and fixed interest rates.  The banks were using our tax money to solve their problems why not be fair to their customers?

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