How to steal a nation

[Phyllis Diller]

1. Create a bogus financial product, a securitization of bundled mortgages with a fraudulent triple AAA rating, use it to create an asset bubble with housing.

2. Pop the bubble and bailout key institutions at full bubble value with taxpayer funds.

3. Come back in when the market you destroyed has tanked, buy all the land at firesale prices with the money you took from taxpayers in the first place.

 

[Phyllis Diller]

So I guess we all get that this exactly what is happening?

Respond if you disagree with me. Otherwise. I understand, nobody wants to speak truth to power.

Remain silent, cowards.

 

[wiseones2cents]

1. Create a bogus financial product, a securitization of bundled mortgages with a fraudulent triple AAA rating, use it to create an asset bubble with housing.

2. Pop the bubble and bailout key institutions at full bubble value with taxpayer funds.

3. Come back in when the market you destroyed has tanked, buy all the land at firesale prices with the money you took from taxpayers in the first place.

Very close. It goes something like this. Republican's induce the recessions(by pulling their money out of the system), causing all kinds of bankruptcies. The cost of everything comes down and the actually buying power of the people with money is increased. They buy out everything at dirt low prices, they inject more money back into the system the economy picks up and the stuff they just bought triples in values. Thus so does their over all assets.

And how do they get reinbursed? After the recession a democrate comes in and starts to tax everything.

They are working together and this is a cycle.They both make money off the recession since they are both wealthy.

Now they have a bigger racket. The federal reserve now reinburses their money and we are taxed indirectly, thanks to inflation.......

 

[Airstrip One]

Okay, now how am I going to do all that? Geez...

 

[FUCK THE POLICE]

Inflame them with paranoid lies.

 

[Beefy]

So I guess we all get that this exactly what is happening?

Respond if you disagree with me. Otherwise. I understand, nobody wants to speak truth to power.

Remain silent, cowards.

My silence is a reflection that the Asshat is, as per usual, 100% correct.

 

[Damocles]

I'm reasonably sure that Asshat understands that when I disagree I'd say something.