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Banksters are Coming for Your Retirement Next
Eric Blair
Activist Post
First, the banksters hoodwinked an angry public into bailing out their collateralized-debt obligations and derivative Ponzi scheme to the tune of what may turn out to be over $600 Trillion dollars. Derivatives are nothing more than bets on other bets, on other bets, that are all completely worthless. So, we can assume that the taxpayer will be victimized for at least that amount for derivatives alone. That’s about $2 million dollars for every man, woman, and child in America, or $100,000 for every person in the world.
They bet big with your investment money, got fat, then lost thousands of times more than everything real on Earth combined. Then, representatives of the people bailed them out (including bonuses) while they laughed all the way to their respective banks. Since government officials are doing their best to reject transparency, we can also only assume this number is much, much larger.
Continued. . .