adamstgBit
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October 02, 2014, 01:25:05 AM

what happened in 2008?




 Cheesy

the rich got richer... sadly




Sad

but how?
isn't it the rich people the ones with investments in the stock market?

No, the rich knew what they were doing and managed to sell all their companies for 100 cents on the dollar. They forced through emergency legislation.

Goldmann Sux sold bad loans to investors made up of public sector industry's retirement funds whilst betting against them in the derivatives market.

Only thing is they put so much money on the right horse that it broke the horse's back.

AIG - USA's largest insurance company went bust.

But who footed the bill for that?

America's citizens.

This same idea repeats itself in every failed financial institution. It's always the same: the bottom of society picks up the tab whenever the wealthy make mistakes.

Watch inside job on youtube. It's brilliant.

is this the same poeple that killed the EV1?