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Default Why America is failing...an Obamanation...

On 22/08/2011 11:17 AM, Jimmy wrote:
On 8/19/2011 5:01 PM, wf3h wrote:
On Fri, 19 Aug 2011 13:36:40 -0400, wrote:

On 8/19/2011 1:27 PM, wf3h wrote:


given the fact you think blacks are suitable as doormen but not as
president...

you blame ALL of society's ills on the

black

man. that's all the proof we need.

Bob, when you make things up, why should anything you say be believed?


tell me, klan klan

what portion of today's economic ills did obama inherit?

go ahead, answer that question




"On top of the $160 billion in loans from the Treasury Department, banks
— including those based overseas — borrowed $669 billion from the Fed,
with the Fed's peak balance at one point reaching a staggering $1.2
trillion.

According to Bloomberg, the $1.2 trillion is about the same amount as
homeowners owe on 6.5 million delinquent mortgages, three-times the size
of the federal deficit in 2008, and more than the total earnings of
federally insured banks in the last decade.
The Fed had refused to disclose the specific sums it lent to the banks
in 2008 — but was compelled to by the Dodd-Frank regulatory reform law.
The leaderboard (via Bloomberg):

Morgan Stanley — $107.3 billion
Citigroup — $99.5 billion
Bank of America — $91.4 billion
UBS — $77.2 billion
Goldman Sachs —$69 billion
Deutsche Bank — $66 billion
Barclays — $64.9 billion
JP Morgan Chase — $48 billion
Hypo Real Estate Holding — $28.7 billion
Societe Generale — $17.4 billion"

----------------------------

Got to wonder why Obama did not want to disclose the specific sums lent
to banks.


Especially since the government has made many of the Obama era transfers
a "national secret". Yep, Obama giving away taxpayers moneys and not
allowing disclosure. Stinks of Obama egalitarianism and corruption.

But does highlight how corrupt DC has become.
--
Flea party (leftie) fear, begets flea party smear.


 
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