Internet Anthropologist Think Tank: Psst need a Trillion for budget?

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    Thursday, April 21, 2011

    Psst need a Trillion for budget?

    More of our INTEL



    Hey buddy need a Trillion dollars to help
    balance the budget?
    Not new Taxes, for middle class.
    Not spending cuts,
    CASH IN UR POCKET.
    ACTUALLY $1.7 TRILLION.

    REMEMBER THE BILLIONS WE MADE
    THE CIGG CO.s PAY FOR DAMAGES
    AND TO KEEP SELLING THEIR CANCER
    STICKS?

    SAME PARADIGM.

    HUGE CRIMINAL COMBINE WILL
    PAY TO KEEP OUT OF PRISON.

    AND THEY WILL BE GRATEFUL
    TO PAY FINES, HUGE FINES
    TO STAY OUT OF PRISON.

    EASY TARGETS, FBI ITCHING TO
    GET AT THEM, PUBLIC HATES THEM.

    AND THEY KNOW THEY ARE GUILTY.
    JUST WAITING FOR OTHER SHOE TO DROP.

    WHICH EVER PARTY, GOP OR DEMOCRATS,
    THAT GO AFTER THEM WILL PICK UP A HUGE
    VOLUME OF VOTES.

    THE WALL ST BANKS CAN BE FINED AT
    LEAST A TRILLION DOLLARS COLLECTIVELY.
    $1,700,000,000,000.00 THATS 12 ZEROS.

    AND THATS 1/7 OF THE NATIONAL DEBT.

    LETS LOOK AT THE CASE AGAINST THEM.

    If we revoke their tax write off thats a COOL
    $7,000,000,000 BILLION.
    We are in a recession, and they don't need
    the tax cut, they are BILLIONAIRES.

     There were 
    no criminal referrals from the regulators. 
    No fraud working groups. 
    No national task force. 
    There has been no effective punishment of the elites here.


    FBI put a task force together and some
    congressmen defunded it.





    Charges:
    Investigators, they argue, could look more deeply at the failure of executives to fully disclose the scope of the risks on their books during the mortgage mania, or the amounts of questionable loans they bundled into securities sold to investors that soured.
    Prosecutors also could pursue evidence that executives knowingly awarded bonuses to themselves and colleagues based on overly optimistic valuations of mortgage assets — in effect, creating illusory profits that were wiped out by subsequent losses on the same assets. And they might also investigate whether executives cashed in shares based on inside information, or misled regulators and their own boards about looming problems.
    Merrill Lynch, for example, understated its risky mortgage holdings by hundreds of billions of dollars. And public comments made by Angelo R. Mozilo, the chief executive of Countrywide Financial, praising his mortgage company’s practices were at odds with derisive statements he made privately in e-mails as he sold shares; the stock subsequently fell sharply as the company’s losses became known.
    Executives at Lehman Brothers assured investors in the summer of 2008 that the company’s financial position was sound, even though they appeared to have counted as assets certain holdings pledged by Lehman to other companies, according to a person briefed on that case. At Bear Stearns, the first major Wall Street player to collapse, a private litigant says evidence shows that the firm’s executives may have pocketed revenues that should have gone to investors to offset losses when complex mortgage securities soured.
    The Wall St Banks are healthy now and paying billion dollar bonuses.
    FINES OR PRISON TERMS, WHICH WOULD YOU CHOSE.
    THEY ARE RIPE FOR PUNISHMENT FOR THEIR CRIMINAL
    ACTIVITIES.

    BALANCE THE BUDGET ON THE BACKS OF
    THE BILLIONAIRE WALL ST BANKERS,
    A JUST AND FAIR PUNISHMENT FOR 
    THE DAMAGE THEY DID, CRIMINAL ACTS.
    ALMOST BROUGHT DOWN THE WORLDS
    BANKING SYSTEMS AND CREATED
    A WORLD WIDE RECESSION,
    LOST MILLIONS OF AMERICANS THEIR
    JOBS AND HOMES.
    GERALD
    ANTHROPOLOGIST
    AD MAGNUM

    Gerald ( Center ) floor NYSE

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