This Bank Bailout is Far Worse Than 2008, But No One Can Protest!

By Kyle Hunt,

Do you guys remember back in 2008 when George W. Bush bailed out the “too big to fail” banks?

President George W. Bush signed the $700 billion bank bailout bill on October 3, 2008. The official name was the Emergency Economic Stabilization Act of 2008. Treasury Secretary Henry Paulson had asked Congress to approve a $700 billion bailout to buy mortgage-backed securities that were in danger of defaulting. (The Balance)

CEOs and other top executives took huge bonuses while the working class of America suffered. People were expected to shut up and take Bush’s pitiful “stimulus” check.

More money was “injected” during Obama’s reign, but most people did not comprehend the full-scale theft of the American people.

Most people think that the big bank bailout was the $700 billion that the treasury department used to save the banks during the financial crash in September of 2008. But this is a long way from the truth because the bailout is still ongoing. The Special Inspector General for TARP summary of the bailout says that the total commitment of government is $16.8 trillion dollars with the $4.6 trillion already paid out. Yes, it was trillions not billions and the banks are now larger and still too big to fail.” (Forbes, 2015)

Some controlled opposition movements like Occupy Wall Street came into being in 2011 in order to channel and eventually diffuse the growing frustration of the struggling American people. The demonstrations were quite popular for a significant amount of time, then everyone went home and nothing was really accomplished.

Trump’s administration has been flooding the banks with monetary aid and the recent $1.5 trillion is being heralded as a heroic move by some, as a way for Trump to try to shore up “our” economic woes, though some people can obviously see we are getting screwed here.

The financial collapse was not caused by a random coronavirus, but foreseen and engineered by the ruling elite. This is why so many CEOs jumped ship and liquidated their stocks at all time highs, a month before the stock market collapsed, leaving the average American with no work, a devalued dollar, and a destroyed retirement fund.

We’re not really supposed to focus on any of that because… WE’RE ALL GONNA DIE! OMG, the Coronavirus is a pandemic!

“Conveniently” we are not even legally allowed to protest against the banking scam unfolding as we speak. We cannot occupy Wall Street. Hell, we cannot even occupy anywhere other than our homes, since medical martial law is rapidly developing across the world.

Source: http://www.renegadetribune.com

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