Is Bernanke & Paulson lying that the crisis is in mortgages when it's actually bankers criminal derivatives?

Bankers made these phony hedge derivatives thinking that they would make lots of money by speculating. Isn't Bernanke and Paulson trying to put the blame on the taxpayers in an attempt to get us to pay for the banker's crimes against the US?Is Bernanke %26amp; Paulson lying that the crisis is in mortgages when it's actually bankers criminal derivatives?
yes.





this is all about derivatives.








fun fact: right now, there is somewhere between 65 and 150 trillion dollars in existance on planet earth...





the Derivative line of credit... all the $$ in the balance in the derivative market:





one thousand trillion dollars... more money than exists on the planet by a LOT.








what happens at the end of the quarter (right AFTER the election) when everyone starts to pull their money out of derivatives???





COLLAPSE











this puny $700billion is not going to solve anyhting...it's just going to buy some time, (6 weeks) until everything REALLY falls apart along with the derivatves market.Is Bernanke %26amp; Paulson lying that the crisis is in mortgages when it's actually bankers criminal derivatives?
Yes...There is a historic need for misdirection from their constituents. Bankers have the largest lobby in washington...that's strike one...There are 55 million mortgages out there of which about 3% are at risk...strike two...And the packaging of good with bad mortgages is stopping a clear view of the actual need for funds...strike three. We will be financing the largest garage sale of the most junkiest products that these sleeze laden capitalist will place in the package....Strike 4 your out!

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