Comments on: Banks forced to take bailout money they don’t want or need

By: steve wenstrup

steve wenstrup — Sat, 06 Jun 2009 01:43:51 +0000

It has become more an more obvious that the polico have become so adversarial and winning so important that they will do anything to be sure the sucess visible when banks are liquid again goes to the party in power. On a side note with so many with thier hands in the Govt till have we not tilted the voting eqation such that all of these will guarantee their vote for the party that give out the Govt money. Interesting philosphical discussion!

By: People, President Obama needs more support from Americans!!! - Politics and Other Controversies - Page 6 - City-Data Forum

Mon, 01 Jun 2009 23:06:44 +0000

[...] [...]

By: More Tale Of The TARP « Cinie’s World

More Tale Of The TARP « Cinie’s World — Tue, 19 May 2009 12:20:00 +0000

[...] except that’s probably not what happened. First of all, the Banksters claim not to have needed the money. Yeah right. Sure. Umm-hmm. And flu pigs fly, pigs fly flu, fly to the flu, my [...]

By: FDIC screws community banks. Agenda at work?

FDIC screws community banks. Agenda at work? — Tue, 05 May 2009 23:04:08 +0000

[...] are more financially sound will become less so. Added to the fact that these very same banks were were forced to take TARP money order to spread out expected Treasury losses from the bailout and we have a situation that will ultimately result in the failure of more small community banks [...]

By: BACKDOOR NATIONALISM « Dianej’s Weblog

BACKDOOR NATIONALISM « Dianej’s Weblog — Tue, 21 Apr 2009 01:33:55 +0000

[...] today on Glen Beck. In addition, in November on a site called Scholars and Rogues a story titled BANKS FORCED TO TAKE MONEY THEY DON’T NEED OR WANT. I strongly urge you to read [...]

By: TARP Funding Forced on Banks that Didn’t Want It | CrackedWorld

TARP Funding Forced on Banks that Didn’t Want It | CrackedWorld — Wed, 08 Apr 2009 23:07:26 +0000

[...] The argument can be made that TARP was forced onto un-needy banks for reasons not nefarious, I found several of these possible reasons at Scholars and Rogues: [...]

By: jeff watson

jeff watson — Mon, 30 Mar 2009 08:51:38 +0000

Actually, I retract my idiotic comment. This guy might be a conspiracy theorist, but accusing him of accusing Jews because he referred to international bankers is completely asinine of me.

Jeff (former retard)

By: Banks Don't Want Bailout Anymore | Axis of Right

Banks Don't Want Bailout Anymore | Axis of Right — Thu, 12 Mar 2009 11:45:38 +0000

[...] from making decisions to help improve their situation. Instead, these banks, many of whom were forced into receiving bailout money, want to make a go of it on their own. They find the forced mortgage restructuring provisions of [...]

By: jeff watson

jeff watson — Tue, 24 Feb 2009 18:23:17 +0000

GL,

With all due respect, Lindsey Williams it the kind of right wing crackpot that rightfully serves up ammunition to the left. I don’t blame the left for making fun of a guy like Williams, as he’s so far out there, he’s out of the solar system. People of him make conservatives like me look really bad. I don’t wish to be associated with a person of his ilk. Looking for a conspiracy under every rock, blaming international (code word…..Jewish) bankers and oil companies controlled by said bankers for all our problems, Williams type of person makes it hard for a serious person like myself to be taken with anything but a grain of salt by anyone on the left. He might be right once in awhile, but then again, a broken clock is right twice a day. The price of the dollar is determined by free market forces, government intervention, interest rates, and the velocity of money. As for an electronic currency, most dollars are already in electronic form. The government publishes money supply figures on a regular basis and you can look up the amounts of dollars in cash, checking, and electronic forms anytime you want. As for the dollar being killed, logic dictates that a dead dollar would be bad for general business conditions on a worldwide basis. And purposely killed…..please. Although I abhor governmental control of my freedoms, in reality, one can expect the government to always get bigger, take away more of my rights, and tax me more. One must remember that the government class is populated by looters and moochers, and the purpose of government is to remove freedoms, not protect them. This being said, I just have to deal with it, the same as you.

Jeff

By: GL

GL — Tue, 24 Feb 2009 17:38:05 +0000

Jeff go to youtube and look up Lindsey Williams. Listen to him carefully and understand how his predictions or inside information if you will has come true. Then you will understand that the dollar is purposely being killed so that it can be replaced with a pure electronic currency that will extend the control of the gov to incredible levels.

By: John Washburn

John Washburn — Tue, 24 Feb 2009 00:51:39 +0000

More evidence the TARP program was always about control, coercion, adn cartelization.

U.S. Bancorp CEO Richard Davis claims the emperor of the Treasury “forced” Bancorp to take money stolen from productive citzens and us it to buy smaller, less politically connected banks.

http://www.twincities.com/ci_11722986

If this talk before thrivent is on video, it should be entitled: “Banksters Gon Wild”.

By: jeff watson

jeff watson — Mon, 23 Feb 2009 23:25:42 +0000

GL,

That’s the most preposterous theory I’ve heard in a long time.

Jeff

By: GL

GL — Mon, 23 Feb 2009 21:08:12 +0000

The answer is obvious.. this is how the Treasury plans on purposely crashing the dollar.. by forcing the banks to be their distribution channel for grossly inflated paper money..

Force all banks to take Fed bail out money and you’ve basically set charges on their financial foundations in order to explode it on cue when the proper scapegoat (terrorist) arrives..

By: “It Will Be Too Late If We Choose To Do Nothing” « QC Examiner

“It Will Be Too Late If We Choose To Do Nothing” « QC Examiner — Thu, 12 Feb 2009 20:21:50 +0000

[...] must have been in the fine print was that banks would be forced to take the bailout whether they wanted it or not. The unintended consequences being spending bailout money on lavish [...]

By: John Washburn

John Washburn — Wed, 26 Nov 2008 15:52:03 +0000

I think the answer may be simplicity itself. CONTROL. TARP is not about money, mortgages, or market stability. It is about power and control. By forcing a bank to take TARP money, the bank is subject to section 119 of the Emergency Economic Stabilization Act of 2008

By: Jeff Redington

Jeff Redington — Wed, 26 Nov 2008 14:15:07 +0000

The quoted reason by the Treasury for forcing solvent banks to take the cash is that it reduces the “stigmatism” of the banks that have to take it. They felt that the stigma associated with a government bailout might make people balk at doing business with those banks. Which is right, because who wants to bank with a company that makes such bad decisions that they have to be bailed out by the government. Of course, if they had just let those banks fail and the successful ones move into the gap, we wouldn’t have to be doing crazy things like giving money to banks that don’t need it.

By: jeff watson

jeff watson — Wed, 26 Nov 2008 01:44:30 +0000

The Fed’s not going to do too well on this go around, despite what some pundits say. They won’t get killed,as the Fed is just a big clearing firm/market maker, lender of the last resort. The Fed’s books aren’t looking too good right now, and I doubt if they even know the toxicity of their portfolio.

Anyways, who owns the Fed? The member banks.

Jeff

By: Dan

Dan — Tue, 25 Nov 2008 21:56:00 +0000

There is a fifth reason you overlooked. It kind of coincides with the fourth. That is, they are forcing these strong banks to take these loans to increase the interest income of this “bailout”. When it gets right down to it, none of this makes any sense, except for those making a profit from it. That would be the Federal Reserve!

As usual, follow the money.

By: Dr. Slammy

Dr. Slammy — Tue, 25 Nov 2008 20:04:33 +0000

Let me go on the record. I am willing to have money forced on me by the government.

By: Dr. Denny

Dr. Denny — Tue, 25 Nov 2008 17:08:26 +0000

Our guvmint at work. Thanks, Brian.