Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans - Bloomberg

...the 18-month U.S. recession that ended in June 2009 after a 5.1 percent contraction in gross domestic product was nowhere near the four-year, 27 percent decline between August 1929 and March 1933....

via Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans - Bloomberg.

Do you believe that? I don't. I believe that the Fed created money and gave it out all over the world in order to mask the still-toxic assets.

The system is set up so that the common workers will have to work off the Plutocrats' gambling debts. That's all there is to it. The masses should refuse.

The Plutocrats should have to face their bad debts with bankruptcy, just the way everyone else has to.

They created the bubble so they could gain tens of trillions in tax dollars from the masses in the largest redistribution of wealth in human history, yet the "conservatives" rail against redistribution (only when it goes from crooks at the top back to the people from whom those crooks stole it in the first place.)

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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