Since Last Night, Taxpayers are on Hook to BAIL-OUT BANKS for $303 TRILLION! The 4 RISKIEST BANKS are...

% of readers think this story is Fact. Add your two cents.

Apparently the midterms didn’t work after all. The voters wanted Congress to stop Obamacare, immigration and excessive spending with the power of the purse, held by Congress.  

Yet Saturday night they passed the trillion dollar Cromnibus bill that funds the government until September 2015 and includes language that allows the banks to again be bailed out!

“Even though millions of voters rose up just one month ago to protest how President Obama and the Senate Democrats were running Washington, business as usual is continuing inside the marble halls of the United State Congress,” Ted Cruz said to Raw Story.

We the people, were sold down the river AGAIN. In a shockingly blatant slap in the face, Congress has aligned itself with Wall Street and put the taxpayers on the hook for trillion of dollars banks use to gamble – derivatives.

ZeroHedge reports, “What is most insulting is how cheaply Wall Street’s Congressional marionettes will betray their constituents.

Finally, as long as Wall Street is allowed to purchase votes and peddle influence for what amounts to pennies on any given bank’s quarterly EPS number, nothing will ever change, until what little is left of America’s middle class realizes just how corrupt the American system of government has become, and changes it. Violently. Unfortunately, with $303 trillion derivatives it has just been saddled with, it is now far too late.”

Earlier this month, it was revealed that the banks now have the power to confiscate depositors’ money in times of financial crisis. And not just money that’s over the FDIC limit, but everything you have in the bank, as the FDIC is woefully underfunded to cover depositors’ losses of any amount.

 

 

 

 

If you can’t afford to buy gold bullion at over $1,000 an ounce, consider buying it by the gram. It’s affordable. Plus, if someone you knows buys it, you make money. Click on image below for more information: