We have just witnessed the largest theft in U.S. history, fully sanctioned by the U.S. government now that it has been infiltrated to the highest levels by cutthroat corporate raiders.
The Bear Stearns
building ALONE is worth more than JP Morgan paid for the entire company.
link to story
The treasury secretary that approved this used to work for Goldman Sachs, a direct competitor to Bear Stearns. Now the funds that were appropriated from the Fed to bail out Bear Stearns are going to be made available to Goldman Sachs and JP Morgan for lending. Forget that it is unconstitutional, immoral, and unethical to bail out an investment bank with taxpayers' money, this was an inside job that will harm thousands of people.
But let's all watch our presidential election/soap opera instead.
Largest theft in U.S. history
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