Thar She BLOWS: FDIC Seizes WaMu Sells Deposits to Government buddy JP Morgan!

[Deborah K]

Because We're the Government -- And You're Not.

loved the utube!

 

[Sarge]

This board has been talking about WAMU for months. Now they don't wait until Friday's after the market closes.

Where were the open market bids to take WAMU over. All done in secret and they will not tell the details. Favor the banks they control and have their money in to make the big bucks.

This system has become so corrupt it is beyond belief. Everything is now done in secret so we have no clue.

All the more reason to make a tidal wave against the bailout tomorrow.

 

[HOLLYWOOD]

Wait, what? Did the FDIC just seize Deposits and then sell them to JP morgan? How the fuck did they do that?

DK

It's getting very close...

wagers and bets:

A: Executive Decision: Clear & Present Danger (not Pakistan, Afghanistan, Iraq, Georgia & all that Empire crap)

B: Executive Order: ( override the coined, "STALEMATE" and push an emergency $250 BILLION through to BANKS, then another, and another...)


C: Martial Law: (China and the World... DUMP the GREENBACK and they all want to collect on the U.S. Debt they're holding) Margin CALL!!!

Keep backing Ron Paul and keep objecting to the ILLEGAL FINANCIAL SYSTEM and CORPORATE MASTERS!!!

Call WASHINGTON DC... ALL of them especially those POS: Chris Dodd, Charles Shumer, Harry Reid, Nancy Pelosi, and the 3 Financial Stooges: Blair, Bernake, Paulson

 

[Thrashertm]

This was likely done to put pressure on Congress to push the bailout through. The timing is just too perfect.

 

[noxagol]

This was likely done to put pressure on Congress to push the bailout through. The timing is just too perfect.

Agree

 

[Deborah K]

I still say we need to organize a general strike - pick a day and no one goes to work or school!

 

[Thrashertm]

I still say we need to organize a general strike - pick a day and no one goes to work or school!

(shouting)
WE SHOULD BE IN THE FUCKING STREETS, OBSTRUCTING TRAFFIC AND RAISING HELL!
(/shouting)

 

[HOLLYWOOD]

This is VERY HISTORIC... University ECONOMICS classes, Financial experts, and the professors must be going hysterical!

AND...

We all have front row seats, thanks to Ron Paul... Feels Good, Eh?


"Banking establishments are more dangerous than standing armies!"
Thomas Jefferson

 

[Cowlesy]

I am going to the bank tomorrow and getting all my money out.

This is getting stupid.

 

[Vote Waterman 2028]

"WaMu ended August with $143 billion in retail deposits -- roughly triple the size of the entire Federal Deposit Insurance Corp fund that backs customer deposits. It has also said it expects to end the quarter with a "well-capitalized" status well in excess of federal minimums."

site source:

http://www.cnbc.com/id/26893741

so where does this power of the FDIC to seize deposits come from? anyone know?

 

[Deborah K]

(shouting)
WE SHOULD BE IN THE FUCKING STREETS, OBSTRUCTING TRAFFIC AND RAISING HELL!
(/shouting)

Okay, then let's organize a general strike and then "BE IN THE FUCKING STREETS, OBSTRUCTING TRAFFIC AND RAISING HELL!"

If that doesn't provoke martial law then I don't know what will! Are ya ready? Cuz if we did that, we'd be playing right into their hands.

 

[Deborah K]

"WaMu ended August with $143 billion in retail deposits -- roughly triple the size of the entire Federal Deposit Insurance Corp fund that backs customer deposits. It has also said it expects to end the quarter with a "well-capitalized" status well in excess of federal minimums."

site source:

http://www.cnbc.com/id/26893741

so where does this power of the FDIC to seize deposits come from? anyone know?

And why is it failing? I don't understand? Is is because its stocks dropped?

 

[Paul.Bearer.of.Injustice]

any bank operating less than 100% capitalized is fraudulent.
But more importantly, do you really believe Federal Reserve Notes are our own private property? HA HA! They are property of the federal reserve and its agents.
Just like anything with a social security # is property of the SS Trust with you as the beneficiary tending to that property.

 

[Thrashertm]

Okay, then let's organize a general strike and then "BE IN THE FUCKING STREETS, OBSTRUCTING TRAFFIC AND RAISING HELL!"

If that doesn't provoke martial law then I don't know what will! Are ya ready? Cuz if we did that, we'd be playing right into their hands.

I went and saw Naomi Klein speak yesterday. She said that a general strike a la France is the only way we are ever going to be able to impact the govt. You say that we are playing into their hands? How?

She stated that every time the citizens have had a massive general strike, the government has backed down. It just worked in Pakistan for example.

 

[Cowlesy]

I hope the bank has a fucking shitload of $20's tomorrow because I don't want big denominations.

 

[Thrashertm]

CNBC is steadfastly avoiding any talk about WAMU now. They keep droning on with speculation about the govt bailout they are pushing HARD for.

 

[Deborah K]

I went and saw Naomi Klein speak yesterday. She said that a general strike a la France is the only way we are ever going to be able to impact the govt. You say that we are playing into their hands? How?

She stated that every time the citizens have had a massive general strike, the government has backed down. It just worked in Pakistan for example.

You misunderstand, I am FOR a general strike, I am AGAINST going apesh&t in the streets.

 

[HOLLYWOOD]

"WaMu ended August with $143 billion in retail deposits -- roughly triple the size of the entire Federal Deposit Insurance Corp fund that backs customer deposits. It has also said it expects to end the quarter with a "well-capitalized" status well in excess of federal minimums."

site source:

http://www.cnbc.com/id/26893741

so where does this power of the FDIC to seize deposits come from? anyone know?

WaMu has TRILLIONS in DEBT...

Housing sales are the WORST in 17 Years!

Unemployment hits a 7 year high!


Good job you bunch of CHIMPS in the Executive O and Congress, except the special ones that warned America and were DISCREDITED... Right, FOX NEWS & GOP DEBATE HOSTS? MSM you're all FOOLS... IDIOTS!

 

[RideTheDirt]

so when do we strike?

 

[Sarge]

I for one will not feel sorry for anyone that has an uninsured amount lost in WAMU.

They had more than adequate warning. WAMU was giving high interest rate CD'S sucking people into deposits.

How many will they say tomorrow that you are out of luck on your uninsured deposits.

Just watch the figure. They just stole peoples money. Wait and watch with how much glee they say in not covered. PUKE.