{"id":70,"date":"2008-11-18T13:11:14","date_gmt":"2008-11-18T20:11:14","guid":{"rendered":"http:\/\/www.stillmusic.com\/wordpress\/?p=70"},"modified":"2008-11-18T13:11:21","modified_gmt":"2008-11-18T20:11:21","slug":"naomi-klein-has-it-right","status":"publish","type":"post","link":"http:\/\/www.stillmusic.com\/?p=70","title":{"rendered":"Naomi Klein has it right"},"content":{"rendered":"

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This woman has been in this for awhile now, and I believe she has it completely dialed in. This isn’t a buncha incompetent morons running looking for a solution, this is a bunch of VERY smart and competent people making off with the American public’s money in an unprecedented fashion. And you watch, the same people WILL be telling Obama that he can’t do any of the things he’s promised, because THERE WON’T BE ANY MONEY LEFT TO DO IT!!!<\/p>\n

There are no bank heists in history comparable to this looting of the U.S. Treasury, it’s unbelievable that this is happening and no one seems to care.<\/p>\n

From Naomi Klein article in Rolling Stone<\/a><\/p>\n

…..British Prime Minister Gordon Brown negotiated a similar bailout \u2014 only he extracted meaningful guarantees for taxpayers: voting rights at the banks, seats on their boards, 12 percent in annual dividend payments to the government, a suspension of dividend payments to shareholders, restrictions on executive bonuses, and a legal requirement that the banks lend money to homeowners and small businesses.<\/p>\n

In sharp contrast, this is what U.S. taxpayers received: no controlling interest, no voting rights, no seats on the bank boards and just five percent in dividend payouts to the government, while shareholders continue to collect billions in dividends every quarter. What’s more, golden parachutes and bonuses already promised by the banks will still be paid out to executives \u2014 all before taxpayers are paid back.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

This woman has been in this for awhile now, and I believe she has it completely dialed in. This isn’t a buncha incompetent morons running looking for a solution, this is a bunch of VERY smart and competent people making off with the American public’s money in an unprecedented fashion. And you watch, the same […]<\/p>\n","protected":false},"author":137,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[53,92,54,94,91,93,90,88,89],"_links":{"self":[{"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=\/wp\/v2\/posts\/70"}],"collection":[{"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70"}],"version-history":[{"count":0,"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=\/wp\/v2\/posts\/70\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}