Thread: Step Aside The Bernank Here Comes Timothy Jeethner: The Bear

Step Aside The Bernank Here Comes Timothy Jeethner: The Bears Explain Banker Bailouts And The Screwing Of The American People



Video: http://www.youtube.com/watch?v=yipV_pK6 ... r_embedded

Step Aside The Bernank Here Comes Timothy Jeethner: The Bears Explain Banker Bailouts And The Screwing Of The American People

by Tyler Durden
01/29/2011 15:21 -0500

The same two bears who explained Quantitative Easing so that even the ADHD afflicted could understand Bernanke's indirect subsidies to the PDs, once again simply finance and in 6 minutes explain the core issues behind the bank bailouts. Concepts explained include the Too Bigger To Fail banks (the JP Morgan Chase Bear Stearns Washington Mutual and the Bank of America Countrywide Merrill Lynches), Goldman Sachs' HoldCo position over the US government, the "very real evil empire's" Goldman Sachs profiting on the AIG, the reason why the failed CIT's boss is the same person who bought a $70,000 desk, and why "when you constantly get the bailouts you don't care about the shame." Also explained are NY Fed boss, The Timothy Jeethner, The Change brought from The President Obama, why The Ben Bernank will not lend you money, and The Screwing Of The American People.

http://www.zerohedge.com/article/step-a ... crewing-am

its a damn shame America is so damn dumbed down you have to watch cartoons to figure out whats going on (Not all of America; but enough of America)

but either way as long as you get the idea