Bankster Lobbyists Try to Sneak Derivatives Bailout in Budget Legislation

More evidence Congress is a subsidiary of Wall Street and the banks.

On Friday Michael Krieger, the editor of Liberty Blitzkrieg, wrote about a behind the scenes effort by banksters to include a provision in government funding legislation that would make the Federal Deposit Corporation responsible for financial derivatives losses.

Last October, Krieger wrote about a similar push to put American taxpayers on the hook for bankster gambling losses:

Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it.

The main backer of the bill was Goldman Sachs operative Jim Himes, a Democrat member of the House of Representatives. Himes, Krieger wrote, “discovered lobbyist payoffs can be just as lucrative as a career in financial services.”

Read more at:

[link to www.eutimes.net]

Or we can continue to blame blacks and immigrants for all our problems.

Last Edited by Gimme Some Truth on 12/07/2014 08:56 PM