Another Wall Street Giveaway?

Counterpunch? OMG, they still exist? Why not just post the Communist manifesto?
Federal-Reserve-Building-Washington-D.C.-ii.jpg

"'The More I See Of The Moneyed Classes, The More I Understand the Guillotine.' ~ George Bernard Shaw"

"According to the U.S. Treasury, as of February 29, 2020, there was $16.9 trillion in marketable U.S. Treasury securities outstanding.

"Of that amount, at the end of February, the Federal Reserve held $2.47 trillion or 14.6 percent – making it, by far, the largest single holder of U.S. Treasuries anywhere in the world."

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years
 
Giving bailout money to the job creators is a must.
Concentrating on small business owners instead of Wall Street speculators.

The CARES Act creates the same sort of Wall Street slush fund that propped up the "investor class" after the 2008 breakdown.
C2joqCqVIAAZQ3u.png

Steven Mnuchin : Dubbed foreclosure king treasury secretary pick Steven Mnuchin stepped mic | Scoopnest

Are you saying a bank foreclosed on people who stopped paying their mortgages?

That's outrageous!!!!!

Never happened before in the history of America, eh?
 
Counterpunch? OMG, they still exist? Why not just post the Communist manifesto?
Federal-Reserve-Building-Washington-D.C.-ii.jpg

"'The More I See Of The Moneyed Classes, The More I Understand the Guillotine.' ~ George Bernard Shaw"

"According to the U.S. Treasury, as of February 29, 2020, there was $16.9 trillion in marketable U.S. Treasury securities outstanding.

"Of that amount, at the end of February, the Federal Reserve held $2.47 trillion or 14.6 percent – making it, by far, the largest single holder of U.S. Treasuries anywhere in the world."

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

They could own the entire market next week...…..Durr
 
Giving bailout money to the job creators is a must.
Concentrating on small business owners instead of Wall Street speculators.

The CARES Act creates the same sort of Wall Street slush fund that propped up the "investor class" after the 2008 breakdown.
C2joqCqVIAAZQ3u.png

Steven Mnuchin : Dubbed foreclosure king treasury secretary pick Steven Mnuchin stepped mic | Scoopnest

You forgot that "Mnuchin, a former Goldman Sachs partner who has donated heavily to Democrats in the past and once worked for liberal financier George Soros"

I understand, not convenient....
 
You forgot that "Mnuchin, a former Goldman Sachs partner who has donated heavily to Democrats in the past and once worked for liberal financier George Soros"

I understand, not convenient....
If you think I see any difference between Republicans and Democrats when it comes to serving Wall Street, you understand nothing.
5JTYhfHc4YoCUtMjHzXx57Rk8L91xmuV5tJALBMsGqZSGytndeUuR7mq5bXQRQqdcxHz5cThun47eo4rYTVpFnKK1RerGDbKn1ZKuMMj6Sr893h5Xyqc6HxzY1kBm6M7aGFystSDyxDDxmgw9sbmHnotEhmr89u5pcLWXozHDATLwvtnqSH6PQw6kT8jikYMaArLWhxwzfBANg88

This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit

Do you understand why a corrupt crony-capitalist would pick such a bipartisan swamp creature for his Treasury Secretary?
 
Are you saying a bank foreclosed on people who stopped paying their mortgages?

That's outrageous!!!!!

Never happened before in the history of America, eh?
No greedy parasites in America, right?
img_9928.jpg

This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit

"OneWest purchased over 6 billion in IndyMac customer deposit accounts and 20.7 billion in other assets at a discount of 4.7 billion.

"Among the 26.7 billion assets, 12.8 billion of the assets were in single-family mortgage loans. This was at the height of the housing crisis in the late 2000s, and OneWest bank now holds the fate of over 30 thousand homeowners in their hands.

"Even after receiving over 26 billion in assets at a discount of 4.7 billion, OneWest still preyed on those who had single-family mortgage loans.

OneWest instantly profited in over 22 billion in assets and kicked innocent families out of their homes anyways."
 
You forgot that "Mnuchin, a former Goldman Sachs partner who has donated heavily to Democrats in the past and once worked for liberal financier George Soros"

I understand, not convenient....
If you think I see any difference between Republicans and Democrats when it comes to serving Wall Street, you understand nothing.
5JTYhfHc4YoCUtMjHzXx57Rk8L91xmuV5tJALBMsGqZSGytndeUuR7mq5bXQRQqdcxHz5cThun47eo4rYTVpFnKK1RerGDbKn1ZKuMMj6Sr893h5Xyqc6HxzY1kBm6M7aGFystSDyxDDxmgw9sbmHnotEhmr89u5pcLWXozHDATLwvtnqSH6PQw6kT8jikYMaArLWhxwzfBANg88

This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit

Do you understand why a corrupt crony-capitalist would pick such a bipartisan swamp creature for his Treasury Secretary?


Nah, why don't you tell me? Why would Trump pick a Soros democrat as TS?
 
They could own the entire market next week...…..Durr
Free MAGA market, Moron?

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.

"Salomon Brothers paid a $290 million fine and came close to getting slapped with criminal charges by the U.S. Department of Justice in 1992 for manipulating prices in the Treasury market.

"And make no mistake about it, the Fed’s massive purchases are having a demonstrative impact on driving up prices in the Treasury market while driving down yields – meaning the income that determines if senior citizens in America can buy real groceries or have to live on one pot of soup for the week."
 
They could own the entire market next week...…..Durr
Free MAGA market, Moron?

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.

"Salomon Brothers paid a $290 million fine and came close to getting slapped with criminal charges by the U.S. Department of Justice in 1992 for manipulating prices in the Treasury market.

"And make no mistake about it, the Fed’s massive purchases are having a demonstrative impact on driving up prices in the Treasury market while driving down yields – meaning the income that determines if senior citizens in America can buy real groceries or have to live on one pot of soup for the week."

This is the one aspect of the latest stimulus that I do not like...Our government shouldn't have ANY ownership in the means of production...This is what happens when you have a Soros backed TS....
 
Counterpunch? OMG, they still exist? Why not just post the Communist manifesto?
Federal-Reserve-Building-Washington-D.C.-ii.jpg

"'The More I See Of The Moneyed Classes, The More I Understand the Guillotine.' ~ George Bernard Shaw"

"According to the U.S. Treasury, as of February 29, 2020, there was $16.9 trillion in marketable U.S. Treasury securities outstanding.

"Of that amount, at the end of February, the Federal Reserve held $2.47 trillion or 14.6 percent – making it, by far, the largest single holder of U.S. Treasuries anywhere in the world."

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years
That ^^^ is what the whole covid panic is preventing us from focusing on
~S~
 
That ^^^ is what the whole covid panic is preventing us from focusing on
Perhaps the corporate/1% knee-jerk response to Covid-19 will focus some attention on the gross inequities in our current economic system?

The stimulus bill includes a tax break for the 1%

"While health care workers and local governments frantically race against the clock to keep up with the escalating medical caseloads while trying to keep themselves and their families safe, Congress was still able to find the time to give money away to rich people..."

"The change applies to this year -- and retroactively to 2019 and 2018. This means rich people can file amended returns now, and get refunds of perhaps millions of dollars, sooner than we can produce the number of ventilators we might need for the coronavirus crisis."

Alone Against the Virus

"At every step, a rapaciously profit-driven health care system and an austerity-ravaged state will make this virus harder to manage."
 
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That ^^^ is what the whole covid panic is preventing us from focusing on
Perhaps the corporate/1% knee-jerk response to Covid-19 will focus some attention on the gross inequities in our current economic system?

The stimulus bill includes a tax break for the 1%

"While health care workers and local governments frantically race against the clock to keep up with the escalating medical caseloads while trying to keep themselves and their families safe, Congress was still able to find the time to give money away to rich people..."

"The change applies to this year -- and retroactively to 2019 and 2018. This means rich people can file amended returns now, and get refunds of perhaps millions of dollars, sooner than we can produce the number of ventilators we might need for the coronavirus crisis."
We can only hope.

How it is that all Americans aren’t aware of the fraud being perpetrated against them, is hard to understand. It’s so transparent.
Blooded+rough+opaque+goat_c7229a_7616245.jpg
 
We can only hope.

How it is that all Americans aren’t aware of the fraud being perpetrated against them, is hard to understand. It’s so transparent.
Americans are almost willfully blind to the class war they were born into.

I thought the Great Recession would have opened enough eyes to create a groundswell movement for economic justice but "Wall Street's Black Mascot" ended that possibility.

Perhaps a pandemic will focus attention in ways a recession can't?


Alone Against the Virus

"We have known since the work of Rudolf Virchow, who studied typhus in Upper Silesia in the mid-nineteenth century, and Friedrich Engels, who studied the conditions of the English working class, that we create conditions that make people sick, and that those who lack economic, social, and political power typically bear the greatest burden of disease."
 
We can only hope.

How it is that all Americans aren’t aware of the fraud being perpetrated against them, is hard to understand. It’s so transparent.
Americans are almost willfully blind to the class war they were born into.

I thought the Great Recession would have opened enough eyes to create a groundswell movement for economic justice but "Wall Street's Black Mascot" ended that possibility.

Perhaps a pandemic will focus attention in ways a recession can't?


Alone Against the Virus

"We have known since the work of Rudolf Virchow, who studied typhus in Upper Silesia in the mid-nineteenth century, and Friedrich Engels, who studied the conditions of the English working class, that we create conditions that make people sick, and that those who lack economic, social, and political power typically bear the greatest burden of disease."
Yes O was as bad or worse than the dumbass W.
 
You forgot that "Mnuchin, a former Goldman Sachs partner who has donated heavily to Democrats in the past and once worked for liberal financier George Soros"

I understand, not convenient....
If you think I see any difference between Republicans and Democrats when it comes to serving Wall Street, you understand nothing.
5JTYhfHc4YoCUtMjHzXx57Rk8L91xmuV5tJALBMsGqZSGytndeUuR7mq5bXQRQqdcxHz5cThun47eo4rYTVpFnKK1RerGDbKn1ZKuMMj6Sr893h5Xyqc6HxzY1kBm6M7aGFystSDyxDDxmgw9sbmHnotEhmr89u5pcLWXozHDATLwvtnqSH6PQw6kT8jikYMaArLWhxwzfBANg88

This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit

Do you understand why a corrupt crony-capitalist would pick such a bipartisan swamp creature for his Treasury Secretary?

What did Steve Mnuchin do that Harris should have prosecuted?
 
Are you saying a bank foreclosed on people who stopped paying their mortgages?

That's outrageous!!!!!

Never happened before in the history of America, eh?
No greedy parasites in America, right?
img_9928.jpg

This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit

"OneWest purchased over 6 billion in IndyMac customer deposit accounts and 20.7 billion in other assets at a discount of 4.7 billion.

"Among the 26.7 billion assets, 12.8 billion of the assets were in single-family mortgage loans. This was at the height of the housing crisis in the late 2000s, and OneWest bank now holds the fate of over 30 thousand homeowners in their hands.

"Even after receiving over 26 billion in assets at a discount of 4.7 billion, OneWest still preyed on those who had single-family mortgage loans.

OneWest instantly profited in over 22 billion in assets and kicked innocent families out of their homes anyways."

No greedy parasites in America, right?

Who said that? Link?

OneWest instantly profited in over 22 billion in assets

No they didn't.

and kicked innocent families out of their homes anyways."

What are you, 12 years old?
If you don't pay your mortgage, the bank will foreclose. Moron.
 
They could own the entire market next week...…..Durr
Free MAGA market, Moron?

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.

"Salomon Brothers paid a $290 million fine and came close to getting slapped with criminal charges by the U.S. Department of Justice in 1992 for manipulating prices in the Treasury market.

"And make no mistake about it, the Fed’s massive purchases are having a demonstrative impact on driving up prices in the Treasury market while driving down yields – meaning the income that determines if senior citizens in America can buy real groceries or have to live on one pot of soup for the week."

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.


You should definitely stay out of the Treasury market, it's being cornered. LOL!

"Salomon Brothers paid a $290 million fine......in 1992

1585581715799.png
 
Yes O was as bad or worse than the dumbass W.
Imho, both corporate shills led us to our current "batshit crazy" POTUS at a time when pandemic patients suffer from proverbial bat shit in their lungs.;)

Monthly Review | COVID-19 and Circuits of Capital

"The virus emerged at one terminus of a regional supply line in exotic foods, successfully setting off a human-to-human chain of infections at the other end in Wuhan, China.22

"From there, the outbreak both diffused locally and hopped onto planes and trains, spreading out across the globe through a web structured by travel connections and down a hierarchy from larger to smaller cities."
 
They could own the entire market next week...…..Durr
Free MAGA market, Moron?

The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.

"Salomon Brothers paid a $290 million fine and came close to getting slapped with criminal charges by the U.S. Department of Justice in 1992 for manipulating prices in the Treasury market.

"And make no mistake about it, the Fed’s massive purchases are having a demonstrative impact on driving up prices in the Treasury market while driving down yields – meaning the income that determines if senior citizens in America can buy real groceries or have to live on one pot of soup for the week."

"But exactly how can a so-called 'free market' function smoothly if the country’s own central bank is cornering the market.

You should definitely stay out of the Treasury market, it's being cornered. LOL!

"Salomon Brothers paid a $290 million fine......in 1992

View attachment 317103
got-rope.jpg

Stay safe.:auiqs.jpg:
 

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