102 online
 
Most Popular Choices
Share on Facebook 50 Printer Friendly Page More Sharing Summarizing
Exclusive to OpEd News:
OpEdNews Op Eds    H3'ed 11/4/09

The Trillion Dollar Bank Job Continues Under Our Noses

By       (Page 1 of 19 pages)   5 comments

Richard Clark
Follow Me on Twitter     Message Richard Clark
Become a Fan
  (108 fans)

How Wall Street and the banksters are perilously postponing America's economic recovery so that they can extract ever more wealth from American taxpayers

Last two sentences in Matt Taibbi's recent Rolling Stone article:

"Our burglar class now rules the national economy. And no one is trying to stop them."

http://www.rollingstone.com/politics/story/30481512/wall_streets_naked_swindle/print

With their reckless behavior and unparalleled greed, the banksters have caused the most severe economic crisis since the Great Depression. We were told we had to bail the big banks out so they would start putting money back into our communitiesà ‚¬"and then our jobs and our homes would be saved. So taxpayers stepped in and bailed them out. A year later, what have we got for that investment? From each and every man, woman, and child in the United States, there has been a wealth transfer that's averaged about $15,000 to our bankster overlords. But of course they didn't hold up their end of the bargain. Their financial institutions have bounced back, but they have done nothing to fix the overall economy that they crashed.

While ordinary Americans are still struggling to stay afloat, the banksters are back to business as usual, paying out billions in bonuses, making profits on the backs of the very taxpayers who bailed them out, and throwing up roadblocks to meaningful regulatory reform that would prevent a repeat of the crisis.

http://ss29.squarespace.com/storage/Trillion_Dollar_Bank_Job.pdf

How Goldman Sachs Secretly Bet on the US Housing Crash

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11  |  12  |  13  |  14  |  15  |  16  |  17  |  18  |  19

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Rate It | View Ratings

Richard Clark Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Was Pat Tillman Murdered by an American Sharpshooter to Shut Him up?

New JFK assassination bombshells

Two U.S. presidents implicated by ex-CIA black-ops assassin

The cholesterol - heart disease scam: How the medical-industrial complex is raking in billions at our expense

Four Ticking Time Bombs That Will Soon Ignite a Revolution

The Ultimate Goal of the Bankster-led Political-economic Warfare Being Waged Against Us Is . . . ?

To View Comments or Join the Conversation:

Tell A Friend