The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label taxpayer. Show all posts
Showing posts with label taxpayer. Show all posts

Saturday, August 15, 2015

Depostors bank account’s are now eligible to pay Goldman Sach’s bonuses when the bail-in comes

Back in 2008, the public went wild over the government’s use of taxpayer money to bail out insolvent banks who had speculated and lost during the Housing Bubble bull market.  But even this was not as critical as the rage the American people felt when these same banks gave their executives massive bonuses based on capital received from that bail out.
And now seven years later, one of the major culprits who should have gone the way of the dodo bird is setting up to one day fleece the American people once again, only this time it will be under the auspices of the now infamous Dodd-Frank legislation that allows for depositor bail-ins during a monetary or banking crisis.
That culprit is none other than Goldman Sachs, who on Aug. 13 just added commercial banking to their repertoire by acquiring GE Capital Bank (“GECB”), and their $8 billion of online deposits.

Read more on this article here...

Tuesday, March 20, 2012

US Taxpayers begin bailouts in Greece as IMF confers first payments under settlement

For all intensive purposes, the IMF is the United States taxpayer.  America provides 17% of the funding to the global bank, and almost 3 times the amount as the second biggest contributor (Japan).  So in every sense of the word, when politicians or the media refer to the IMF, they are really talking about the US and US taxpayer.


IMF Members' Quotas and Voting Power
Nation
Percentage of Funding Quota
Percentage of Executive Board Votes
U.S.
17.09%
16.74%
Japan
6.12%
6.01%
Germany
5.98%
5.87%
France
4.94%
4.85%
U.K.
4.94%
4.85%














With this being determined, it should be no surprise to the American people that the Greek settlement and Greek bailout would be thrust onto the US and our tax dollars... similar to how our tax dollars were used by the FED to bailout European banks in both 2008 and again this year under dollar swap programs.


"Greece has received the first 7.5 billion euros of aid from its new EU/IMF bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said on Tuesday." So while the Greek may particularly care that not only will they not see much if any of the actual bailout cash, and in fact will soon have to start using their gold to fill the capital shortfall as reported here, we are curious what the response will be from US taxpayers, who are on the hook for about 17% of IMF funding, as the money starts trickling in, however not for some old-fashioned concepts such as stimulating jobs, but simply to indirectly, with Greece as a conduit, bailout Europe's insolvent central banks. - Zerohedge

Tuesday, February 28, 2012

Planned Parenthood using your taxpayer dollars to fund and promote early age sex

Planned Parenthood is an organization that goes beyond the basic counciling of parents to be, and assistance with adult age citizens in alternatives to child bearing.  Originally created by Margaret Sanger to help promote Eugenics in black communities and larger families, the institution has become a staple of taxpayer funded abortions and family planning.

"The most merciful thing that a large family does to one of its infant members is to kill it."
Margaret Sanger, Women and the New Race   (Eugenics Publ. Co., 1920, 1923)

Now the organization is moving into the realm of teen and pre-teen sexual counciling.

In an expose on Planned Parenthood, the American Life League breaks down several publications, programs, and agendas that seek to create a sexual lifestyle for children as young as 10 years old.


The video exposes a book used by Planned Parenthood’s sex educators for 10-year-olds with graphic images about how to masturbate, put on a condom and have sexual intercourse.
“If a dirty old man showed this book to kids in a park, he’d be arrested,” continued Sedlak. “Why does Planned Parenthood, a taxpayer-funded organization, get to distribute these books to our children and get more government money?”

The video also exposes Planned Parenthood’s S.T.A.R.S (Seriously Talking About Responsible Sex) program, which required teens to go see Capital Pride, a parade of scantily clad drag queens, gay couples kissing and men in thongs dancing on stage.
“Planned Parenthood wants kids to choose them for their sexual education over their own parents,” said Sedlak. “They want to be the trusted friend and advocate for kids of all ages. They know that a conversation about sex with a stranger or browsing a Planned Parenthood website about teen sex is easier than talking with their parents. The abortion giant has no problem using tax dollars to exploit that fear and make money off those kids.” - Life News



Take a look at the video and see just where your tax money goes.  In the end, government waste isn't about providing for America's needs, it's about using your money to further agendas.

Friday, February 17, 2012

Taxpayers to pay bank settlements through Obama administration program

Remember just a week ago when the state Attorney Generals came to agreement with the banks on a settlement for the robo-signing and mortgage fraud during the housing bubble and credit crisis?  Well, for the taxpayers, it looks like it wasn't so great a deal after all as new findings show an Obama Administration program will allow the banks to pay the states out of funds provided by taxpayers.

US taxpayers are expected to subsidize the $40bn settlement owed by five leading banks over allegations that they systematically abused borrowers in pursuit of improper home seizures, the Financial Times has learnt.

...However, a clause in the provisional agreement - which has not been made public - allows the banks to count future loan modifications made under a 2009 foreclosure-prevention initiative towards their restructuring obligations for the new settlement, according to people familiar with the matter. The existing $30bn initiative, the Home Affordable Modification Programme (Hamp), provides taxpayer funds as an incentive to banks, third party investors and troubled borrowers to arrange loan modifications. - Financial Times via Zerohedge

HAMP is a program under the Obama administrations Making Homes Affordable program, and is taxpayer funded.

About Making Homes Affordable:

The Making Home Affordable Program (MHA) is an important part of the Obama Administration's comprehensive plan to stabilize the U.S. housing market by helping homeowners get mortgage relief and avoid foreclosure. To meet the various needs of homeowners across the country, Making Home Affordable programs offer a range of solutions that may be able to help you take action before it's too late.

Crony capitalism at its finest.  Not only can the Obama administration CLAIM they brought legal action against the banks in the name of the homeowner, but he will also be garnering favor on Wall Street by paying off their settlement agreement with taxpayer money.

Thursday, February 9, 2012

Obama using taxpayer money to buy election credit for November

As recently as 3 days ago, the 50 state Attorney General lawsuit against banks, MERS, and the massive foreclosures that took place because of Robo-Signing was at a standstill.  Then out of nowhere, the four states (NY, California, Florida, etc...) that had held off from a brokered agreement received a call from President Obama.

Within 24 hours, those states suddenly accepted the settlement, and now the banks will be shelling out a paltry $25-40 billion dollars for the trillions they made in fraudulent foreclosure game.  On top of this, the settlement will be as good as a taxpayer funded campaign donation for Obama, as states expect to use the money to help those who still have home refinance, and to buy off those who lost their homes with $2000 cash.

For those who don't understand what just happened, US banks just funded Obama's re-election campaign to the tune of $26-$40 billion.
Still, the agreement is the broadest effort yet to help borrowers owing more than their houses are worth, with roughly one million expected to have their mortgage debt reduced by lenders or able to refinance their homes at lower rates. Another 750,000 people who lost their homes to foreclosure from September 2008 to the end of 2011 will receive checks for about $2,000. The aid is to be distributed over three years.  - Zerohedge

Buying goodwill and elections in the final hour (year).  It's the American way in the land of crony capitalism.