Bank Bailout # 2

Jump to Last Post 1-2 of 2 discussions (4 posts)
  1. Moderndayslave profile image60
    Moderndayslaveposted 12 years ago

    About a week ago it got out that Bank of America realized that when the derivatives they held blew up they would go under,so what did they do? They transferred approximately 50 Trillion in derivative/credit default swap holdings from their Merrill Lynch trading division to their consumer banking division,you know the one that is FDIC insured.So now that this garbage is in a insured account, when it blows up/goes under guess who's on the hook for that? You and me,our kids and probably their kids. This video explains it pretty simply from the 4 minute mark on.
    http://www.youtube.com/watch?feature=pl … Oz2mec3Y#! 
    You're being robbed and they don't even have a gun.
    If you weren't in favor of the Occupy Wall St movement before,you might be now.

    1. Evan G Rogers profile image60
      Evan G Rogersposted 12 years agoin reply to this

      Ron Paul has been speaking out against this since before it was even happening.

      http://www.youtube.com/watch?v=mnuoHx9BINc

      Heck, using his same knowledge, he predicted the 1987 economic problems 2-3 years in advance.
      http://www.youtube.com/watch?v=9FmlsK_nJKU

      (not familiar with it? http://en.wikipedia.org/wiki/Early_1990s_recession )

      ... but it doesn't matter because "Ron Paul can't win", right?

      I hope you guys are beginning to see why I speak out so much for Ron Paul - HE FREAKING PREDICTED ALL OF THIS CRAP 30 YEARS AGO

      1. lovemychris profile image75
        lovemychrisposted 12 years agoin reply to this

        So, what's he going to do to stop it?

  2. MikeNV profile image67
    MikeNVposted 12 years ago

    I saw that.

    Why is this not hitting the National News?

    Why isn't NBC, ABC, CBS reporting on this?  Are they?  I'm not seeing it on the West Coast.

    But the bigger question is:

    WHY DO PEOPLE STILL SUPPORT LETTING PRIVATE BANKERS RUN THE MONETARY SYSTEM IN THIS COUNTRY?

    Why won't the people DEMAND that Congress abolish the Federal Reserve?

    Answer:  Americans are IGNORANT. The Vast Majority don't even know what the Federal Reserve is... let alone how it opertates.

    Ron Paul is the ONLY Politician that even addresses this issue and the Banker Owned Media refuses to give him coverage.  Look at the GOP Debates... nothing reported but infighting as the Bankers once again try to skew the publics perception by filtering the truth.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)