Wow, the Wall Street banksters strike back

[wgrr]

I just heard that over the weekend BOA and other too big to fail banks moved 150 trillion in derivatives, they still have out there, from their investment banks to their commercial banks in hundreds of thousands of accounts that meet the max FDIC limit. That means if there is an economic collapse we are on the hook for their lousy paper.

If we do have a collapse in the economy there is no way Uncle Sam can cover the debt. They have 150 trillion in government insured commercial bank accounts. The entire GDP of the US is (drum roll please) is 14.5 trillion. We would be bankrupt in a big way.

Thank you Nixon, Ford, Jimmy Carter, Reagan, Bush I, Bill Clinton, Shrub was too stupid to know what was going on, and Obama for being the good little corporatist that he is, for deregulating the banks to the point we are at now.

Shrub and Obama gave the banksters close to a trillion dollars of our money in a bailout (where is our direct bailout?). The Fed gave the banks an additional 15 trillion in 0% interest loans using our money and they pull this crap. Those sons'a'bitches stole another 1/4 of my retirement accounts this year and charged me to do it. Screw them! I passed up an occupy Fayetteville rally last night, tonight I am going! /rant