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The Banks Privatize Their Profits And Socialize Their Losses! Congresswoman Kaptur

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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 09:00 PM
Original message
The Banks Privatize Their Profits And Socialize Their Losses! Congresswoman Kaptur
 
Run time: 04:53
https://www.youtube.com/watch?v=P7l194sMsfg
 
Posted on YouTube: October 15, 2009
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: October 15, 2009
By DU Member: FLAprogressive
Views on DU: 860
 
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tomm2thumbs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 09:09 PM
Response to Original message
1. timely and poignant! great and thanks for posing
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 09:18 PM
Response to Original message
2. I love me some Marcy.
:loveya:
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sueh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 09:46 PM
Response to Original message
3. Keep up the good work, Marcy!
:patriot:
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veganlush Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 09:58 PM
Response to Original message
4. awesome! thanks for posting...n/t
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Stevepol Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 10:06 PM
Response to Original message
5. A great speech. Wish Obama would listen to her rather than Geithner.
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Mark D. Donating Member (420 posts) Send PM | Profile | Ignore Wed Oct-14-09 10:27 PM
Response to Reply #5
6. Ohio's Best
Kucinich and Kaptur. Now there's a ticket in 2016. I wanted to post what I put on another thread that I feel is very relevant to this here. This banking superpower she's not afraid to mention, as many are, and correctly calls the largest bank. Their problem is deep. They up the economic house of cards that 'surprisingly' collapsed recently. They were the 3rd largest before the recent 'crisis' they helped manufacture. It worked for them. But it goes farther.

JP Morgan's grandfather founded Aetna (largest health insurer, leading fighter against reform or universal coverage. Aetna administers Medicare. Who writes the checks for Medicare? JP Morgan Chase. One must consider the massive amount of money they hold in deposit (I.E. to invest for profit) before those checks are released. While Bank of America writes Aetna's checks, who writes the 2nd largest insurer's checks (United Healthcare)? Chase Manhattan does.

JP Morgan helped collapse the US economy three times before, and then bailed it out. They caused the scare of 1907 that lead to the 'need' for a Federal Reserve. The island the Fed was founded on was owned by JP Morgan & they chartered the Federal Reserve's founding. They owned the Titanic. They brokered WW1, took control of the Bank of England (torch passed to them by Rothschild). JP Morgan Chase controls the bank of Baghdad. War profits at work.

Rockefeller's Chase grabbed Manhattan (Warburg's bank) and later grabbed JP Morgan to make JP Morgan Chase in 2001. The year of the greatest of distractions (the 'war on terror') to take focus off white-collar crime. Newly set up deregulations, of Clinton & Bush & GOP controlled legislature gave them what they needed. JPM Chase CREATED Credit Default Swaps. They were the largest Hedge Fund. The main factors in the collapse of real-estate in this collapse.

Morgan Stanley was the largest speculator in energy, including gas. Something deregulation allowed. THAT drove up gas prices, not supply/demand/OPEC or scapegoat 'A-Rabs' to keep simpletons mad at 'people over there' we are at war with for their profit. This Anglo banking dynasty (Morgan / Rockefeller) eludes blame by many far-right Anti-Semites who go after 'Jewish (scapegoat) bankers', akin to fear of OZ on the wall, not the real 'men behind the curtain'.

The biggest energy company (and polluter, via coal), GE, formed by JP Morgan. GE headquarters sits on Rockefeller Center. Coal is the leading source of environmental mercury & arsenic, 2nd largest source of radioactive material, and 2nd largest waste stream (coal sludge) behind sewage, and it is unregulated. Who bought Encyclopedia Britannica, to take out every word on the risks of Vaccinations? JP Morgan & JD Rockefeller. Who profited off IG Farben most?

Rockefeller. That was the Nazi's biggest chemical supplier. IG Farben lives on as Bayer and BASF. During WW2, Allies bombed around their headquarters, but not IG Farben. Despite it's being the top Nazi chemical company. That former IG Farben headquarters is now home to the German headquarters of the USA's C.I.A.. My point here isn't just a history lesson, it is to show you how powerful those involved in this bank are in almost everything that has happened.
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ProgressOnTheMove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 11:01 PM
Original message
Great that Moore highlighted this good woman in his speeches. More like her in 2010 please that'd
Edited on Wed Oct-14-09 11:04 PM by ProgressOnTheMove
 
Run time: 04:53
https://www.youtube.com/watch?v=P7l194sMsfg
 
Posted on YouTube: October 15, 2009
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: October 15, 2009
By DU Member: ProgressOnTheMove
Views on DU: 860
 
..it.
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ProgressOnTheMove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 11:01 PM
Response to Original message
7. ...
Edited on Wed Oct-14-09 11:03 PM by ProgressOnTheMove
...
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 11:45 PM
Response to Original message
8. Applause for Marcy ~
She really is one of the best in Congress ~

'A Tale of Two Cities' ~ I wonder how long it will take before Americans have finally had enough of the greed as the French did back then. Celebrating on Wall St. seems pretty obscene when so many, as Rep. Kaptur points out, are hurting so much.

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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 12:40 AM
Response to Original message
9. Let HER be the Treasury Secretary - She would clean it up!

Love this woman!
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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 05:46 AM
Response to Original message
10. that was great K & R
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ProfessorPlum Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 08:46 AM
Response to Original message
11. That is the essence of The Shock Doctrine
Read that book, if you haven't already, and the gameplan is clear.
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