Lloyd Hart Live On the Banking Monopoly Financed by Suckers 9 p.m. 09/28/08
Click the link below, then click the Pop Up Window, watch Lloyd Hart Live and write Lloyd Hart a question or comment in the chat on how you feel and think about the bail out and he will discuss it with you.
It shouldn't be called the Wall Street Bail Out Plan, It should be called the Bank Monopoly Support Bill Financed by Suckers,
With Bank of America the nation's largest bank consuming Country Wide the nation's largest mortgage firm with billions in help from the fed then consuming Merryl Lynch the world's largest brokerage firm for a song and then J.P. Morgan Chase the nation's second largest bank consuming Bear Sterns the largest investment bank on Wall St also for a song with billions in help from the fed and now consuming Washington Mutual after federal regulators seized it and now representing the largest bank failure in U.S. history.
Hey, wait a minute why did the fed seize Washington Mutual at the end of the same week the bail out was being worked out. Why couldn't Washington Mutual be allowed to wait a couple of days and take advantage of the bail out plan and sell it's mortgage assets to the treasury?
It's simple, the Bush regime is creating a tax payer financed banking monopoly with his friends at Bank of America and J.P. Morgan Chase and are sewing together a financial straight jacket being sized up for the next president to wear.
Tune in and find out what Wall St. has in store for your mortgage next.
Lloyd Hart Live On the Bank Monopoly Support Bill Financed by Suckers 9 p.m. 09/28/08