OBAMAnomics…
THE SHATTERING REALITY OF OBAMA’S CON
JOB OF “CHANGE”.. THE KIND OF CHANGE THE BANKSTER BOUGHT!
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Records show that
four out of Obama's top five contributors are employees of financial industry
giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207)
and Citigroup ($358,054).
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Obama has
done absolutely nothing about FORECLOSED ON AMERICA, after all the crisis was
caused by his criminal bankster donors, and they’re hauling in record profits
now. Obama has kept his promise of not punishing his banksters. Not even one
has gone to jail, or ever will be. Just as Bush 1 made sure his SAVINGS &
LOAN donors would escape by the statute of limitations, OBAMA will watch a
nation being foreclosed on as he fills his pockets with bankster pillage!
NO
PRESIDENT IN HISTORY HAS TAKEN MORE MONEY FROM BANKS THAN BARACK OBAMA.
Top subprime lenders included Wells Fargo; Countrywide,
purchased by Bank of America; Washington Mutual, now part of JPMorgan Chase;
CitiMortgage, part of Citigroup; First Franklin (now closed), purchased by
Merrill Lynch, which was purchased by Bank of America; ChaseHome Finance,
JPMorgan Chase; Ownit, partly owned by Merrill Lynch, which was later purchased
by Bank of America; and EMC, part of Bear Stearns, which was purchased by
JPMorgan Chase. Most of the rest depended on massive loans from Wall Street.
Many of these lenders were sued by states for fraud and paid billions in
settlements.
According to Inside Mortgage Finance, the top mortgage
backed securities underwriters during 2005-2006, only two of the subprime abuse
years, included now defunct Lehman Brothers ($106 billion); RBS Greenwich
Capital ($99 billion); Countrywide Securities, which is now part of Bank of
America ($74 billion); Morgan Stanley ($74 billion);Credit Suisse First Boston
($73 billion); Merrill Lynch ($67 billion); Bear Stearns, which is now part of
JPMorgan Chase ($61 billion); and Goldman Sachs ($53 billion).
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