Who are the thieves

Reader comment on: Druckenmiller on the Sequester

Submitted by mariamante (United States), Mar 2, 2013 10:36

Druckenmiller told Bloomberg that Seniors are stealing from the youth, but who are the real thieves? http://www.bloomberg.com/news/2013-03-01/druckenmiller-sees-storm-worse-than-08-as-seniors-bankrupt-kids.html In the last 4 years, the debt has increased precisely $6,060,412,131,302.29, and worst of all, the overwhelming bulk of this is debt held by the public which has been borrowed from foreign governments like the communist Chinese. http://www.treasurydirect.gov/NP/BPDLogin?application=np "This is an absolutely mind-blowing increase of over $4 billion each and every single day. Six trillion dollars is approximately $19,000 for every single man, woman, and child in the United States." Looking at the list of bailout recipients, and so many things don't make sense. Such as why were select recipients not required tp pay back money? Why was Goldman Sachs and Morgan Stanley given $10,000,000,000 each? Bank of America $45 BILLION! http://projects.propublica.org/bailout/list Why was Soros' bank OneWest "awarded" $1.2 Billion in money that isn't expected to be paid back? Information can be found all over the internet which confirms Soros acquired the government confiscated Indy Mac Bank (renamed OneWest) from the FDIC who had taken it over when Indy Mac's reserves fell below the legal amount. Soros bought the bank for $20.7 billion. The bank's assets at the beginning of this year (2009) totaled $23.5 billion. He made $3.5 billion immediately at the time of purchase. These banks have offshore accounts that entitle accounts to "privacy". Like that of attorney client priveledge. http://www.citibank.com/ipb/europe/whoweare/whyoffshore.htm The US has campaign funding PAC's, that allow the sources of donations under $200 to go unreported. ActBlue, for example, has bundled $134 Million and counting since 2004, with almost no reported sources of donations. Millions of unreported dollars are sent to PAC political contributions, such as Actblu, which alone received over $132 million from mostly unreported sources. http://www.opensecrets.org/orgs/summary.php?id=D000021806 An estimated $21 Trillion is "hidden" in offshore bank accounts. http://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/ (Their wealth is, as Henry puts it, "protected by a highly paid, industrious bevy of professional enablers in the private banking, legal, accounting and investment industries taking advantage of the increasingly borderless, frictionless global economy". According to Henry's research, the top 10 private banks, which include UBS and Credit Suisse in Switzerland, as well as the US investment bank Goldman Sachs, managed more than £4tn [$6.2 trillion] in 2010, a sharp rise from £1.5tn five years earlier.) What if, Obama sends billions to banks ---->Banks sending millions to PAC's.-----> PACs financing politicians (Obama). All legal, except the lying about less than $200 per individual donor, but it doesn't matter, none of it can be traced. Wells Fargo received over $600 million from Tarp, paid nothing back, reported huge profits and pays zero taxes during that time. U.S. Profits: $49,370,000,000 ­Taxes Paid: -$681,000,000 Does that make sense? http://theeconomiccollapseblog.com/archives/abolish-the-income-tax-you-wont-believe-who-is-getting-away-with-paying-zero-taxes-while-the-middle-class-gets-hammered "You Won't Believe Who Is Getting Away With Paying Zero Taxes While The Middle Class Gets Hammered" Any way you look at it this was all VERY WRONG.

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