USA - PIRATES OF NATIONALIZATION have raided the US Tax Payer! Yes Folks believe it! These guys have nothing on the Somali’s - don’t read Sirius Star read USS Economy.

In simple terms it’s called Socialising Losses, Privatising Profits. The American Tax Payer has just brought a bunch of really bad banks worth minus a Few Trillion. Nice work Paulson. He’s the guy that sold them to the once hard working now jobless average American. Paulson is sometimes called the US Secretary of the Treasury - but he’s really not that - he’s undercover. See he was once the CEO of Goldman Sachs, and Goldman Sachs may very soon be the only Private Bank in the whole of America. Thanks to the Sub-Prime Mortgage Collapse, the Credit Crunch and a little Tax Break Paulson wrote in to the rushed US$700 Billion Bailout Plan. The Tax Break allows the very few US Financial Institutions that were not hit by the Financial Meltdown to buy up failed Banks and use the negative figures to write off their own healthy profits against. That’s nice, and nicer still when your competition is buried in the process.

WHAT? Well - it’s simple - Bank A goes bust - Becomes available for Sale at US$14 Billion. Bank B buys Bank A and is illegible through acquired Bank A’s enormous losses to write off Taxes to the value of US$20 Billion. Nice work. They get a whole Bank very cheap + US$6 Billion for their time.

So not only are the American people gonna be left with only Banks that belong to the Government - not nice on the Privacy Front - but the only other Bank in Town will probably be Goldman Sachs, Paulson’s old mates. Now given how hard he’s just screwed the Public you can guess being his cronies Customer can’t be much more fun. Especially when they are enjoying Monopoly Status.

So who dreamt this all up. Well you can bet the farm it weren’t that Nitwit Rich Kid Bush. Enter Dr Ben Bernanke. Favourite study topic - The Great Depression ( ‘Bernanke is particularly interested in the economic and political causes of the Great Depression, …‘ Wikipedia ) Strange then that under his governance as Chairman of the Federal Reserve the World is once again facing a Great Depression. Bernanke doesn’t appear to be a man under much pressure. That’s cause he ain’t. Everything is happening just the way he engineered it to.

Dr Ben Bernanke worked out that there is always a Winner even in times of Great Loss. He got hold of Rich Kid’s ear - always keen to pillage off his people - and alongside Paulson ‘masterminded’ the greatest robbery EVER.

Do some Searches, follow this up you’ll soon find it ain’t fiction … start here

… and tune into the paperboy - your future could depend on it.

UPDATE 10.08.09 Henry Paulson remains under suspicion for conflicts of interest in his role as US Treasury Secretary.

Tags: Bernanke, Bush, cartoon, cartoons, comic, Comics, economic, global financial crisis, meltdown, Paulson, Pirates

This entry was posted on Friday, December 5th, 2008 at 5:46 am and is filed under Comics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.