JimBowie1958
Old Fogey
- Sep 25, 2011
- 63,590
- 16,830
- 2,220
Put this together for a response in another thread, but thought I would share it here also.
Why would the GOP pick a loser for a Presidential candidate in 2012? Because the Big Money Banksters demanded it, and in fact bought the nomination for Romney. The goal was to keep their bought POTUS in the White House for 4 more years.
Romney got hundreds of millions in donations so that the Wall Street banksters could keep Obama in the White House to do the job they got him in there for; shoveling tax payer cash to the big banksters by the trillions. Literally trillions.
Romney contributors 2012: banksters and financial firms.
Top Contributors to Mitt Romney | OpenSecrets
Goldman Sachs $1,033,204
Bank of America $1,013,402
Morgan Stanley $911,305
JPMorgan Chase & Co $834,096
Wells Fargo $677,076
Credit Suisse Group $643,120
Deloitte LLP $614,874
Kirkland & Ellis $520,541
Citigroup Inc $511,199
PricewaterhouseCoopers $459,400
UBS AG $453,540
Barclays $446,000
Ernst & Young $390,992
HIG Capital $382,904
Blackstone Group $366,525
General Electric $332,875
EMC Corp $320,679
Bain Capital $285,970
Elliott Management $281,675
Rothman Institute $259,500
Obamas contributors in 2008: banksters and Universities recycling tax payer money
Top Contributors to Barack Obama | OpenSecrets
University of California $1,648,685
Goldman Sachs $1,013,091
Harvard University $878,164
Microsoft Corp $852,167
Google Inc $814,540
JPMorgan Chase & Co $808,799
Citigroup Inc $736,771
Time Warner $624,618
Sidley Austin LLP $600,298
Stanford University $595,716
National Amusements Inc $563,798
WilmerHale LLP $550,668
Columbia University $547,852
Skadden, Arps et al $543,539
UBS AG $532,674
IBM Corp $532,372
General Electric $529,855
US Government $513,308
Morgan Stanley $512,232
Latham & Watkins $503,295
This is what the banks have gotten so far on their investments:
Daily Kos: The total cost of the Bank Bailout
"#2: How big was the bailout?
" Many are still under the impression that TARP = The Bailout.
" In fact, TARP was only a small part of the Wall Street bailout. Most of the bailout was accomplished through the Federal Reserve.
" The net total? As of November 10, 2011, it was $29,616.4 billion dollars — (or 29 and a half trillion, if you prefer that nomenclature). Three facilities—CBLS, PDCF, and TAF— are responsible for the lion’s share — 71.1% of all Federal Reserve assistance ($22,826.8 billion).
" $29 Trillion is around twice the size of America's GDP.
" The Federal Reserve claims they only lent $1.7 Trillion to the big banks. Why the huge difference in totals? Because the Fed only counts the most outstanding at any one time.
Here's a quick list of the Fed borrowers:"
Citigroup - $2.513 trillion
Morgan Stanley - $2.041 trillion
Merrill Lynch - $1.949 trillion
Bank of America - $1.344 trillion
Barclays PLC - $868 billion
Bear Sterns - $853 billion
Goldman Sachs - $814 billion
Royal Bank of Scotland - $541 billion
JP Morgan Chase - $391 billion
Deutsche Bank - $354 billion
UBS - $287 billion
Credit Suisse - $262 billion
Lehman Brothers - $183 billion
Bank of Scotland - $181 billion
BNP Paribas - $175 billion
Wells Fargo - $159 billion
Dexia - $159 billion
Wachovia - $142 billion
Dresdner Bank - $135 billion
Societe Generale - $124 billion
"All Other Borrowers" - $2.639 trillion
So to sum up, the banksters are donating hundreds of thousands or millions but gaining trillions in payback 'special deals'.
THAT is why a loser like Romney had the nomination bought for him by Wall Street banks; they were merely protecting their investment in Obama.
Why would the GOP pick a loser for a Presidential candidate in 2012? Because the Big Money Banksters demanded it, and in fact bought the nomination for Romney. The goal was to keep their bought POTUS in the White House for 4 more years.
Romney got hundreds of millions in donations so that the Wall Street banksters could keep Obama in the White House to do the job they got him in there for; shoveling tax payer cash to the big banksters by the trillions. Literally trillions.
Romney contributors 2012: banksters and financial firms.
Top Contributors to Mitt Romney | OpenSecrets
Goldman Sachs $1,033,204
Bank of America $1,013,402
Morgan Stanley $911,305
JPMorgan Chase & Co $834,096
Wells Fargo $677,076
Credit Suisse Group $643,120
Deloitte LLP $614,874
Kirkland & Ellis $520,541
Citigroup Inc $511,199
PricewaterhouseCoopers $459,400
UBS AG $453,540
Barclays $446,000
Ernst & Young $390,992
HIG Capital $382,904
Blackstone Group $366,525
General Electric $332,875
EMC Corp $320,679
Bain Capital $285,970
Elliott Management $281,675
Rothman Institute $259,500
Obamas contributors in 2008: banksters and Universities recycling tax payer money
Top Contributors to Barack Obama | OpenSecrets
University of California $1,648,685
Goldman Sachs $1,013,091
Harvard University $878,164
Microsoft Corp $852,167
Google Inc $814,540
JPMorgan Chase & Co $808,799
Citigroup Inc $736,771
Time Warner $624,618
Sidley Austin LLP $600,298
Stanford University $595,716
National Amusements Inc $563,798
WilmerHale LLP $550,668
Columbia University $547,852
Skadden, Arps et al $543,539
UBS AG $532,674
IBM Corp $532,372
General Electric $529,855
US Government $513,308
Morgan Stanley $512,232
Latham & Watkins $503,295
This is what the banks have gotten so far on their investments:
Daily Kos: The total cost of the Bank Bailout
"#2: How big was the bailout?
" Many are still under the impression that TARP = The Bailout.
" In fact, TARP was only a small part of the Wall Street bailout. Most of the bailout was accomplished through the Federal Reserve.
" The net total? As of November 10, 2011, it was $29,616.4 billion dollars — (or 29 and a half trillion, if you prefer that nomenclature). Three facilities—CBLS, PDCF, and TAF— are responsible for the lion’s share — 71.1% of all Federal Reserve assistance ($22,826.8 billion).
" $29 Trillion is around twice the size of America's GDP.
" The Federal Reserve claims they only lent $1.7 Trillion to the big banks. Why the huge difference in totals? Because the Fed only counts the most outstanding at any one time.
Here's a quick list of the Fed borrowers:"
Citigroup - $2.513 trillion
Morgan Stanley - $2.041 trillion
Merrill Lynch - $1.949 trillion
Bank of America - $1.344 trillion
Barclays PLC - $868 billion
Bear Sterns - $853 billion
Goldman Sachs - $814 billion
Royal Bank of Scotland - $541 billion
JP Morgan Chase - $391 billion
Deutsche Bank - $354 billion
UBS - $287 billion
Credit Suisse - $262 billion
Lehman Brothers - $183 billion
Bank of Scotland - $181 billion
BNP Paribas - $175 billion
Wells Fargo - $159 billion
Dexia - $159 billion
Wachovia - $142 billion
Dresdner Bank - $135 billion
Societe Generale - $124 billion
"All Other Borrowers" - $2.639 trillion
So to sum up, the banksters are donating hundreds of thousands or millions but gaining trillions in payback 'special deals'.
THAT is why a loser like Romney had the nomination bought for him by Wall Street banks; they were merely protecting their investment in Obama.