$220 Mill given to Morgan Stanley/Wall St Housewives

Is it the fault of the winners that the shlubs didn't bother to learn the rules of the game? As long as the same rules apply to everyone the game is fair. In other words, when the player passes "GO" is the banker obligated to remind the player to ask for his $200?

 

Without us little people backing their plays these "powers" you speak of would be nothing.

 

>The schlubs were NOT invited to play, got it now?

They wait to be invited? They have to be asked? Maybe that's why they are schlubs. None of this stuff is secret. Government money give away agencies are happy to tell their customers how to get the money.

 

So they didn't buy the right people. That's how the American system works. You gots to organize and buy politicians.

 

"In addition to Congress’ spending, many Americans are finally paying attention to the spending done by unelected banking cronies at the Federal Reserve. Recently the Fed was forced to reveal some details of loans given out during the financial crisis of 2008 and they are truly shocking. Matt Taibbi points out in a recent Rolling Stone article that two very well-connected Wall Street wives got together and formed a real estate investment company that garnered $220 million in so-called “loans” (free money) from the Fed. Compare this number to the $352 million in spending cuts the CBO says are in the current budget! A few months later, one of the wives bought a $13.5 million personal residence with her husband, the CEO of Morgan Stanley.

The unelected, unaccountable Fed hands out as much or more money this way as our federal government spends, and yet receives hardly any attention. This is why I believe transparency of the Fed is a critical step to regaining control of our financial situation in this country. We can never get meaningful reforms if all eyes are on the $352 million so-called cuts, and transactions like the $220 million given to Wall Street cronies are done in the shadows. This is why I have reintroduced my Audit the Fed bill to this Congress. HR 1207 is now HR 459 and is essential to true fiscal reform and responsibility."

Ron Paul

 

A friend had a small machine shop. He got a contract to supply some kind of small parts to Boeing. He put a lathe in his basement so his wife could make parts. In both cases the husband put the wife in a business he understood. <G>