Monday, January 18, 2010

MAKE THE BASTARDS PAY UNTIL IT HURTS EDITION

THEY'RE GREEDY

THEY MAKE MONEY

THEY'RE EVIL
So now BHO and the boys are really going to show Americans that they are on the side of the righteous and mighty. What better way than to stick it to the banks! Their new scheme is to "TAX" the banks who took the tarp money.

Never mind the fact that the banks have paid back the money and paid it back with INTEREST. Never mind that the Federal Reserve made more money than it ever has because of the interest paid back. Never mind that the shareholders are looking to re-coup their money, after all, the banks are evil. They caused this mess, they should pay, pay, pay.

Or should they?
I have connections at a several major banks (most are listed above) and these connections are pretty high up. (How and why I know these people is not your concern) Did you know that several of the banks didn't want the TARP money? I know for a fact one CEO told the government they didn't want or need the money and he was told, "You'll shut up and take the money, otherwise we'll audit your bank every month for the next four years." They wouldn't have been able to conduct business with all the audits so they took the money. When they wanted to pay it back, they were told they couldn't. They were told they'll pay the money back "When we say you will."

So let's review. Many of the banks didn't want the money, were forced to take the money, were not allowed to pay the money back until they were told they could and now when they were allowed to pay the loans back with interest, the government wants to make them pay an additional tax.

How can they get away with this you may ask? Because the banks are an easy target. They have been portrayed as evil and have been made the bad guys in the sub prime meltdown. If they banks are getting screwed, the average idiot on the street is saying, "It's about time they paid for this mess they caused."

So now the government is going to clean up this mess and make the evil banks pay for the transgressions of the state.

The government should clean up their own mess before they do anything.

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