Let’s expect this early Christmas Card from the White House and CONgress. I still haven’t had a chance to read the NDAA or Obamacare in it’s entirety, but I thank him just the same for those books.
This years sneaky secret Santa will come way of the CON-gress and WalMartStreet Lobby and Obamacare 2. The second round of backroom gift wrapping while the sheeple will be nestled in bed.
Before the new Congress (same as the old one) joins the ponzi, immigrationgate and Obamacare 2 will be traded for this;
If the quadrillion dollar derivatives bubble implodes, who should be stuck with the bill? Well, if the “too big to fail” banks have their way it will be you and I. Right now, lobbyists for the big Wall Street banks are pushing really hard to include an extremely insidious provision in a bill that would keep the federal government funded past the upcoming December 11th deadline. This provision would allow these big banks to trade derivatives through subsidiaries that are federally insured by the FDIC. What this would mean is that the big banks would be able to continue their incredibly reckless derivatives trading without having to worry about the downside. If they win on their bets, the big banks would keep all of the profits. If they lose on their bets, the federal government would come in and bail them out using taxpayer money. In other words, it would essentially be a “heads I win, tails you lose” proposition.
Read more at the Economic Collapse
We knew it was coming. Wall Street, the Maccabees, Joo-Joo Bees and the Big Six can go back to Casino Royale for another buy in.