Occupy Wall Street gets it

Discussion in 'Politics' started by Chris, Oct 11, 2011.

  1. Chris
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    Chris Gold Member

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    The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous and secretive economic and political force in America.

    If this country is to break out of the horrendous recession and create the millions of jobs we desperately need, if we are going to create a modicum of financial stability for the future, there is no question but that the American people are going to have to take a very hard look at Wall Street and demand fundamental reforms. I hope these protests are the beginning of that process.

    Let us never forget that as a result of the greed, recklessness and illegal behavior on Wall Street, this country was plunged into the worst economic downturn since the Great Depression. Millions of Americans lost their jobs, homes and life savings as the middle class underwent an unprecedented collapse. Sadly, despite all the suffering caused by Wall Street, there is no reason to believe that the major financial institutions have changed their ways, or that future financial disasters and bailouts will not happen again.

    More than three years ago, Congress rewarded Wall Street with the biggest taxpayer bailout in the history of the world. Simultaneously but unknown to the American people at the time, the Federal Reserve provided an even larger bailout. The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis.

    As a result of this audit, the American people have learned that the Federal Reserve provided more than $16 trillion in low-interest loans to every major financial institution in this country, huge foreign banks, multi-national corporations, and some of the wealthiest people in the world.

    In other words, when Wall Street was on the verge of collapse, the federal government acted boldly, aggressively, and with a fierce sense of urgency to save our financial system from collapse with no strings attached.

    Now that the middle class is collapsing and a record-breaking 46 million Americans are living in poverty, the Federal Reserve has failed to act with the same sense of urgency to make sure that small businesses receive the affordable loans needed to put millions of Americans back to work and prevent millions of Americans from losing their homes.

    Sen. Bernie Sanders: Wall Street Protests
     
  2. Lakhota
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    Lakhota Diamond Member

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    Yes, they do get it.
     
  3. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Oh yes, the crazed street shitters get it...

    :lol:
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    The Tea Party has been protesting this for the past 3 years. You've called them countless names for doing so.

    Now these guys get it? nonsense. They can't figure out that they are in the 1% and not the 99%
     
  5. syrenn
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    syrenn BANNED

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    Wait till the first good storm.... and watch the little rats scatter.
     
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    Last edited: Oct 11, 2011
  6. The T
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    The T George S. Patton Party Supporting Member

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    Whatever they got? I hope they don't spread it. (That's right...they have boxes of free condoms available)...:eusa_shhh:
     
  7. Lakhota
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    Lakhota Diamond Member

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    Yeah, and they don't need any teabagger Viagra.
     
  8. The T
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    The T George S. Patton Party Supporting Member

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    Whatever this is supposed to mean. (Don't quit yer day job...you suck at jokes ).
     
  9. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Yeah -- NOBODY on Wall Street took a financial whooping, lost their jobs, dented their portfolios..

    All that money belonged to the street people.. And Bernie Sanders is our saviour.

    This is Goerbels propaganda machine at it's best.. Distract from the acute causation of the housing bubble by GOVT and the GOVT officials that chastized the regulators and sent them home.. Don't look over there. It's those nasty Jews who are forcing you to buy your bread with wheelbarrows full of cash..

    TIme for another KristalNacht? Is that the plan to re-elect the Prez?? It's all a bit familiar ain't it Chris?
     
  10. Lakhota
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    Lakhota Diamond Member

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    OWS youth vs. Tea Party Medicare scooters... Do ya get it yet...?
     

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