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Reply #35: A shell game is exactly what it is. [View All]

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 05:59 PM
Response to Reply #1
35. A shell game is exactly what it is.
The money is put in the banks and international companies and gradually over a period of time transferred to accounts that are not visible on the banks' and company's books. The losses are accounted for off the books so that regulators and the public, possibly even investors, don't see what is going on. Suddenly the losses are revealed. The book value of the banks and of the companies falls precipitously -- and a bail out is necessary. This has been done before. Think S&L crisis. We are being assured that the government will get all its money back. Don't believe it. Not for a minute. Not this time. The money is safely in the pockets of the extraordinarily wealthy.

And the money we are giving to the banks and other companies, that's our political power we are giving away. That's what is being overlooked. It's not just our money that these thieves are stealing. It's our political power. It's our ability to organize and communicate -- because organizing and communicating cost money.

The banks may have given Obama a lot of money, but it is a drop in the bucket compared to what Obama received from those of us not in that sector.
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