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alstry (35.70)

WE THE PEOPLE bailed out the Wealthy

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July 19, 2011 – Comments (10)

The total bailout of Wall Street and the banks, if you factor loan guarantees and other off balance sheet items, exceeded $20 TRILLION dollars.

The vast majority of that amount of money benefitted the top 10% of the population(about $1 million dollars for each man, women and child)......that money belonged to 100% percent of the people.....WE THE PEOPLE.

America and the World is about the find out the following:

Charity is when you bail out the poor....as they remain poor and still consume a disproportionately low percentage of society's goods and services.

Tyranny is when you bail out the rich as the consume a disproportionately high amount of society's goods and services BY USING THE BAILOUT FROM SOCIETY.

It was only a matter of time before society figured this out, I have only been blogging about it for a few years.......and soon the "rich" will too........as the poor are getting louder and louder around the world.

10 Comments – Post Your Own

#1) On July 19, 2011 at 2:36 PM, alstry (35.70) wrote:

BTW....this turning point happened around 9.9.9 in case anyone is wondering.....and will collapse by 9.10.11

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#2) On July 19, 2011 at 2:56 PM, catoismymotor (72.81) wrote:

Check please!

 

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#3) On July 19, 2011 at 2:58 PM, alstry (35.70) wrote:

If you are not worth in excess of $1 million dollars personally...and for each member of your family.....you have a gripe......

if you are hungry and homeless.....you may get really upset.....

and if you have a wife and children.......

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#4) On July 19, 2011 at 3:06 PM, imobillc (< 20) wrote:

May I ask you, where did you get your figures from?

I REC you by the way!

Mars 

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#5) On July 19, 2011 at 3:13 PM, alstry (35.70) wrote:

You can check Barofsky's numbers....he was the chief investigator for TARP......

But you can find the figures many places.....

Just google "$23 trillion bailout"

and the number has grown signifcantly from then....

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#6) On July 19, 2011 at 3:25 PM, alstry (35.70) wrote:

Actually...the top 5% own the majority of Wall Street.....

So that is closer to $2 million dollars for each man, woman, and child in the top 5% of the population that was bailed out by WE THE PEOPLE....

and these a$$holes gripe when a poor family gets a few hundred bucks a month from WE THE PEOPLE

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#7) On July 19, 2011 at 3:32 PM, wasmick (< 20) wrote:

I recced your post even though all the numbers are made up!!

I don't care about accuracy, I simply want validation of my uninformed point of view.  Thank you, alstry for being brave enough to continually post about things which you so clearly do not understand.  

The Political Asylum board could use a few more posters like you!!  Keep up the good work! 

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#8) On July 19, 2011 at 5:12 PM, leohaas (91.57) wrote:

+1 rec 4 #7!

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#9) On July 20, 2011 at 11:38 AM, tmathe85 (50.12) wrote:

thanks YALL!!! I just bought a new 62' yacht!!! Booya suckers in yo face!!

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#10) On July 20, 2011 at 1:04 PM, dwot (99.50) wrote:

About 5 years ago when I was thinking what was happening and how it would end, all things equal and "fair," I concluded that the wealthy and pension funds would take a huge hit.  Certainly these two groups benefitted the most from the massive monetary expansion under Greenidiot.

Transferring the cost/losses to government and the masses did not occur to me in my analysis, but I always did say there were wild cards that you just don't predict. 

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