Man this goes WAY OUT THERE ON A LIMB but, it's where I live my life...
What about THIS SCEANARIO.
OK BOYZZZZZZZZZ back in 2008 We gave you all a total of 17 TRILLION dollars in the bail out(not the 7 you have been told for years on end), the only way this was possible was THE TARP's BILL!!!!!!!!!!!!!!!!!!!!!!!!!And the ONLY way to pass TARPS was to find a SCAPE GOAT TO SLAUGHTER, and that is WAMU
All of you now are in much better shape, your share prices are as much as 50% better than they were before TARP,your bottom lines are doing very very well.
The only way WE MADE YOU BIGGER was to take down WAMU so we did!!!!!!!!!!! Now guess what ,it's time to pay back a small portion of this BAIL OUT WE GAVE ALL OF you.
OK now some may think this is absoluteness nuts, but THUNK REAL HARD!!!!!!!!!!!!!!
What would 24 bill 63 bill 169 bill OR EVEN 299 bill be against 17,000,000,000,000 as in 17 TRILLION DOLLARS??????
It is LESS than a 2% return for them, AND THUNK hard, their stocks are ALL UP and huge since that time,the had ALL of their toxic paper(LIES) go POOF and be bought buy the GOV..............
Had JPMC gone DOWN you all would have gone down right behind them!!!!!
LET'S JUST CALL IT PAYBACK TIME
People really must realize what happened here and why it happened the way it did..........Look at is this way WE YOU ME WAMU saved the world economy PERIOD!!!!!!!!!!!!!!!!!!!!!!!!!
I know it cost MANY myself included LARGE SUMS OF MONEY.........
Can you only imagine,NO YOU I CAN'T what would have happened had the GLOBAL ECONOMY FAILED???????????
Your bank no matter how strong would have failed all of your money would have JUST GONE POOF GHONDI out of your acct,OH FDIC insurance you say!!!!!!!!
LMAOROTFF,even as per teh FDIC's own web show's , they only have like 74 BILLION dollars to cover insured accts,THAT IS LESS THAN 1% of all insured accts in the US!!!!!!!!!!!!!!!!!!!!!!!!!!
So what may seem like the biggest rape in history to you/me, most likely saved many of you your jobs your house and YOUR LIFE SAVINGS/MONEY IN THE BANK!!!!!!!!!!!!!
I honestly hate this Phrase because it was always used by a CROOK IN BBAN, YOU HAVE TO LOOK AT THE BIG PICTURE HERE, and how the consequences had it not been done, WOULD HAVE HURT YOU FAR MORE..
Now I still say ,it's payback time FOR OUR PROPPING UP THE GLOBAL ECONOMY,and its gonna happen to some degree...............
