AIG is money laundry scheme, Congress is using Misdirection! (Glenn Beck)

hey there Sergeant Stiletto,

we seem to have rooted out the essence of the stink,
RE: i just wrote a thread reply at: www.abovetopsecret.com...
Thread: "Spitzer is back!: 'The Real AIG Scandal'



good informative post & mindscape you've painted



[edit on 18-3-2009 by St Udio]

reply to post by gravytrain

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I agree with what you’re saying, but then the US Government should only give money to AIG and not to TARP. Or the US Government should let AIG fail and cover the losses to the banks through TARP.

The most important thing is that this is double dipping. The Banks are being compensated twice for the same bad assets. The difference is that with TARP, there are strings attached to the money and through AIG, there aren't any.

Additionally, you buy insurance and you understand that if the insurance company goes bankrupt, you lose your policy. There is no FDIC for insurance. Now here, the banks made their insurance company go bankrupt by asking them to insure terrible investments, and the insurance company was complicate in making these high leverage bad bets look like safe investments.

I say that if this was really about protecting the taxpayer, the gov should have seized AIG, sold off the property and casualty business for a profit, and shut down the financial side of the company.

Then, if they must make bailouts, do it directly through TARP with all kinds of regulations and strings attached. This is double dipping, and unjust enrichment.

Finally, why should US taxpayers bailout foreign banks. They were gambling on these highly speculative derivative instruments related to the US real estate market. They made bad bets. This has nothing to do with the US taxpayer. Sometimes, when you gamble, you lose.

I guess that means he is following in your footsteps!

Line 2

I think it's important to mention Glen Beck isn't giving his own idiotic opinion, but discussing a time line of events that brought us here. The facts speak for themselves regardless who is rehashing them.

Isn't half of government Hollywood actors the other half former CEO's? And you people really believe the nonsense fed to you by the mainstream media?

I'm not exactly sure what us nobody's can do, but believing in the US govt. is a serious waste of time.

I'm not even sure why we need a Federal Govt.??? My state Govt. does a bad enough job, why compound the damage?

Jedi Mind Trick: "These aren't the BILLIONS and TRILLIONS your looking for."


The people "These aren't the Billions and Trillions we are looking for!! OMG what an OUTRAGE that a few MILLION are beeing fleeced!"



These people who keep the scam going are VERY good at it folks. They laugh at how easy it is.....and they would be right!

In the first video, glen beck points out what I've been saying for a while now.

The members of the federal reserve board are directly linked to each of those banks that recieved money through the aig bailouts. he drew you all a map.

That is, if you believe that ruling bloodline conspiracy.

[edit on 18-3-2009 by djzombie]

First they deny it then they try to call it out. Somebody in charge is playing both sides.

Might they be trying to spark a revolution or collapse in order to use martial law for control? or something?

They first let is happen and they knew we would be pissed if we found out. They are now ALLOWING us to find out on purpose so we get pisses and try to fight back.

They think they will gain more control over us but in fact our constitution states that if our government is not working for the people and is not working well, then we have the right to abolish the current one and start a new one. WE HAVE THAT RIGHT !!!

We have no muscle to back it up as the people in charge have our government , our military, our police force, our politicians , and our leaders in their back pockets.

Liquidate A.I.G.

These are Sub Criminal Sociopaths.

The AIG criminals are immersed in self service LOOTING.

Most of the Washington cronies are in their pocket, and sharing in this LOOTERS PARADISE.

Nationalize this criminal enterprise and offer a percentage to any american patriot (a bounty) on the exposure of the AIG criminal, and the recovery of American Citizens lost assets.

The idea that they are taking tax dollars and giving it to foreign banks is beyond absurd.
This is criminal.

170 million in bonuses goes into 170 billion HOW MANY TIMES?
I mean, we're talking about 1/10 of 1% or something incredibly miniscule.

People are stupid. Today at work my boss brought this up to me. "Can you believe that they are giving those bonuses?"
I told him they are obliged to and then went on to explain how 50 billion or more went overseas.
He just stared at me with a look that deserved an "I'm an idiot" stamp on his forehead.

During WW2 one of Hitler's plans that never went through was to use Jewish prisoners to counterfeit the british pound. They succeeded in counterfeiting a billion dollars worth but never got the chance to flood the markets with it. He figured that if he could have done that, it would have ruined their currency and then he would be able to out spend them.

Makes you go Hmmm. when you realize our own Government is doing this to us on an unbelievable scale.

Treasonous is right.

PS - I almost started a thread on this the other day, but did anyone else notice that Senator Chris Dodd tried to pass a TAX to offset the AIG bonuses?

This is insanity at the highest level. I can't believe the contempt they hold for their constituents.
Of course that won't pass because not even Americans are that stupid.

[edit on 18-3-2009 by Jay-in-AR]

Bureaucracy is messy business and easy to exploit. Example being the contracts set to the foreign banks.

We may own 80% of AIG stocks but what will that matter when they will never be audited just as the feds. Whats to insure you that some nutty CEO wont loot from the company (AIG) and plummet you're stocks.

It's all such a confusing mess, I'm at a loss for words. There is no solution to anything anymore.

Not a moron, a Luciferian.

reply to post by St Udio

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WOW! I'm embarrassed that I let this little fact slip by me. This seals it IMO:

www2.goldmansachs.com...



I love how they keep emphasizing snippets like "He only makes a dollar per year salary." and "He's doing a service for his country." No. He is doing a service for Goldman Sachs. Or should we say, an inside job.




[edit on 19/3/2009 by kosmicjack]

c'mon...guys...who do you think buys our treasuries??? we taxpayers owe hundreds of billions to...yes...foreigners!!! this country has been selling treasury bonds BACKED BY TAXPAYER MONEY for decades. glen beck is telling us...what...something new? wow shocker!!!

hey..i gotta good one for you...foreigners own our businesses!!! SHOCKER!! NEXT ON GLEN BECK!!!