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Off topic, go start a link on Goldman Sachs or try to stay focused. Where is the Tea Party on JP Morgan, missing in action.
Ted Cruz' wife works for GoldmanSachs.........
The bailouts and hypocrisy will continue under their laissez-faire outlook for Wall St criminals. Why?, because Wall St owns the tea party (a percentage of it).
Interesting that LEGAL facts about the criminality of JPMorgan are posted, in the BILLIONS, and yet some will just ignore the reasons why our economy is derailed now. Blaming the poor for food stamps, lol. A total non-starter.
The bailouts and hypocrisy will continue under their laissez-faire outlook for Wall St criminals. Why?, because Wall St owns the tea party (a percentage of it).
Interesting that LEGAL facts about the criminality of JPMorgan are posted, in the BILLIONS, and yet some will just ignore the reasons why our economy is derailed now. Blaming the poor for food stamps, lol. A total non-starter.
The outrage over this is amusing. NM that the govt is controlling shareholder of JPM so that is why they were told what to do and why the govt is getting their cut. They get to look like they are actually doing something. This is a drop in the bucket. The London Whale deal I think really cost them.
They lost more than they claimed and couldn't even actually fully calculate it so it seems. It also exposed how they were leveraging that extra liquidity to gamble even bigger.
That Jon Stewart video nailed it really well though.
Again I continue to not understand the tea party. JP morgan has been accused by the DOJ of everything from lying to investors to manipulation of energy markets. I'm on the website Americanthinker, and all I'm seeing is defense of JP morgan, saying obama is trying to extort them. Blackrock is a financial institution that is suing JP for half of what the government is charging, because they accuse JP morgan of lying to them. Here is the funny thing, JP is not contesting any of these in court. They just finished a settlement of 13 billion dollars from the DOJ, and are in current negotiations with blackrock and other investors for 6 billion. Tea party claims to be for personal responsibility, but here I'm see right-wingers defending a company without actually defending any of the charges being brought against them.
How is this tied to the Tea Party?
But, forget that. I distrust the Obama DOJ more than I distrust any bank. This administration is anti-capitalist and will use it's power to bring our capitalist system down. That's what this is about. That is why Obama blames "Wall Street" for all the ills of this economy, while he goes to great lengths to make things worse.
It was Democrat Policies that resulted in the "mortgage meltdown." Democrats refuse to accept responsibility, even though they were warned years earlier (by Republicans) of the coming collapse of the sub-prime scheme (which Democrats invented).
The outrage over this is amusing. NM that the govt is controlling shareholder of JPM so that is why they were told what to do and why the govt is getting their cut. They get to look like they are actually doing something. This is a drop in the bucket. The London Whale deal I think really cost them.
They lost more than they claimed and couldn't even actually fully calculate it so it seems. It also exposed how they were leveraging that extra liquidity to gamble even bigger.
That Jon Stewart video nailed it really well though.
Thanks for the vid. have to wait to rep again. Jaime Dimon is being pursued by the Dept. of Justice. at least its a start.
Id love a pic of him crying in his Macallan $Scotch$, paid for by high level fraud & the taxpayer bailouts. He is a criminal.
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jpMorgan=financial felons
