Bear Stearns was taken over for a grand price of $2.00 per share. JP Morgan carried on their tradition of swallowing up banks for cents on the dollar, and managed to have the Federal reserve take on all the risk. WHAT A DEAL!!! They just got a major mortgagor for cents on the dollar, a knock down, bargain bucket price.
That means that they now own the mortgages that Bear Stearns owned, that means they now own all those properties and have bought them for a tiny fraction of their market value AND, I remind you, Got the Federal Reserve to take on ALL the risk!
Well lets take a look at what these elite are really thinking:
These people belong to the elite clubs. George Carlin describes them perfectly:
Meanwhile everyday, blue collar, white collar, working and middle class Americans are being royally fucked over and left to live in tent cities:
All this happening whilst JP Morgan gets to own their homes for pennies and dump the risk on the Federal Reserve, who are funded entirely by governments income tax receipts!!!
So that is the taxpayer picking up the tab!
How much more are you going to take before you STOP GIVING YOUR POWER TO THESE 'NEW WORLD ORDER' ELITISTS WHO CONTINUALLY PISS ON YOUR BOOTS AND TELL YOU IT'S RAINING???