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itself but you'll be hearing the news of a lot lately at uh... paybacks are paid back
parked there that they had received two hundred fifty billion dollars in the return of two
hundred fifty billion dollars mission accomplished
hardwork and
uh... and the banks were good points
complete ever nonsense
first of all
let me begin to tell you how they have peter's fact one of the things report by the new york
times
is that uh... they have used to small business lending fund to pay us that
okay mixed with serene
the smallest so i think what you're supposed to be for the banks
lend out
two small businesses
make sense right
and it is money that comes with federal government
because the facts
you know the banks of the you use that money
paid back the federal government
but having a good sense
that they have to go back one of our money
it's crazy
but the crazy right now it's considered
privately-run lobby sorry we didn't want to get with the money that we get that
that and by the way the second collateral damage of that
this is a small businesses don't get that money
that they don't get a higher people that promote jobs local businesses
so isn't junk mail
it poorly admitted acting assistant secretary to nancy
beside him and said oh yes absolutely we take the money we have that and that is back with
a bachelors
does no one else in the history of that
excuse hiking and the says i presume that is
all right now when you click on the numbers by the way the whole apart
don't believe the hot
so this global banks at two fifty two hundred eighty million native epic but the reality
is they don't tell you about
uh... the money that went to
the insures the borrowers are companies could set up
those four hundred seventy five billion dollars of top right
lights at night
because the funnel money through the insurers like hey i g
to the banks
and that money makeup
not paid back
you know how much they all that money
a hundred and eighty seven
billion dollars
so as they tell you that paid the money back
i'd
hello it's got a firm and she immediately to you shopping running around
but the bottom line is right now the american taxpayer
at least on carvalho
if over a hundred any eighty seven billion dollars a don't believe the hype
mckay but be better off last month
agent american taxpayers stuck with a gene freddie mac and fannie mae
spot paid my money back
antigovernment totally lets them get away with the congressional budget office
their forecast that eventually windows insurers etcetera
paid the money back
that we will lost at least nineteen billion dollars
lost nineteen billion dollars only i threw a big party
there's no way we lose
at how they get paid back two hundred eighty seven billion dollars
energy how long it's gonna take them to do that a hundred years
the whole things that joke honest man
the taxpayer but it gets worse
uh... win out
happy the women and all the banks that all these toxins
gets up off their books what do you not to try to profit to pay some of the money back
to us
well they did it by of voting
one
trillion dollars
worth of toxic more matches
for the federal reserve
i can't emphasize enough man what a joke that is
think symptom it worst trillion dollars worth of investments
objective then sleeps through the taxpayer that pays for that
through the bad
money for things like this
giving a small business loans
and that week
yes with that
money for me i g et cetera back-door bail outs and he'll take that back
and i think a clear mission accomplished
we've been had we been school
therefore happiness
line while our government encourages it that lots of nightmares outside about what the
coast barbed wire fence ads
of that that's the for rose petals that i'd be some of the money got paid back
and ok yes this does anything in a town
the interest rates
the feds habitat less than a one percent
so the banks derek it what do you see explores the wall street
i was like in two thousand seven
they get the money for so much less now
if you get money at nearly zero percent interest rate
you can't help but make money it's somebody's giving them free money
and in the base the single gamble with it
do whatever you like
you keep the profits anything still really doesn't matter who's been fax reasonable yet
they're already doing it
you should know for example
that nine out of every ten
homes in this country morris in this country
hormones are guaranteed by the taxpayers
well i mean look back at it
perfect
angel tomahawk for all of these home offers
ninety percent of the sold something goes wrong
we get busted
u_n_ hiking for bob and susan smith's fate let alone the banks mistakes
even everybody was an honest lawyer and everybody was ours
and they said
hey you know about this is just screwed up the whole month become part of o_j_ you j
are and and and
you know what ross you're gonna pay for
that that's something that the service should
it did
log data like explorer of the taxpayers as long as the banks don't pay
that's because the pulp republican politicians are totally utterly bought one hundred percent
bar
and their dear david week
that is a report by the politicians
about a sort of talk show host who are the most
lonesome corporate things you'll ever see
like didn't give you a great example of that in a second
so they like it
state taxpayers should pay for the banks
if ever make a mistake
now do we get to keep the profit
of course not the best people update
i think the head of the crash
hapless fill them out detailed picture of you know that crap on that
and then take the is back with more money in a brag about it and then take home record
closes
as we've got ten percent unemployment what what now we're gonna like eight point nine
percent
so when you ask people who are actually do by the way it is
sold many different sides of the street kids who are making their own
limitation or things before i get to the experts
there's another program at the f_d_i_c_
uh... they guarantees nearly three hundred fifty billion dollars in baghdad
why because the tanks
next older politicians headquarters in the other three hundred fifty billion dollars
you know how much they owe us on that account
two hundred sixty seven billion dollars
can you keep track of all this money that they owe us while they pretend they don't
know what saving
it was two hundred sixty seven billion dollars abap program was talking about it
and the other part of it is not
when the interest rate is low okay they prayed free money ok an end week people losses they
keep profits where we've been through that you get that day
but there's another kidney problem with that
which is that you're receiving skits ham
because if you're living on your savings
the before you see get whatever it was three percent of your savings
ninety of one percent on your savings
well that's
the third of the money used to get to level
so he kills the average guy
but who cares the
bankers get rich that's the only thing that matters
now does not mean just be saying this and that tiny be saying this redesigned johnson
saying this
it's this special inspector general worked for
neil props he's leaving
he's gotten supposed introverted talk
as the administration and by the republicans are bright
uh... problems and talk about it
a hoped-for republican politicians
it without the program when it looked like it but that's the key
you know this thing that workers says gardner
died there is one of the worst
saket sectors we've ever had of the worst cabinet officials we've ever had in our history
there were problems don't say one word about
why city
alone
the which gives of the pacts
remembered i had never been to lose a republican anyway
hope things are shocking all things up for ok so
uh... when uh... they asked about uh... the co-operate with of success
uh... new brodsky said among many devastating things
uh... quote the increased moral hazard invitation we disastrous consequences
associated with the continued existence of financial institution
that are too big to fail
and he he will hold off at saying what a disaster
apartments that had to be one of those simple post at sentencing okay
disastrous consequences
now this is that eighteen players
even of all this was a worked out of the repay back some of the hundred eighty seven billion
immidiately paybacks of the people in sixty seven billion administrative actually gallbladder
waiting for this to happen
what deborah rusty same with the top economist laura losing its looked you does moral hazard
which means
you've told the banks you cannot go under
we will definitely tell you i noticed
definitely our current system even at its heart sets
gaurantee all the best singapore
will come to the rescue
that encourages a crash
it is a wild encouragement to crash
terrible idea
so
now final quote is from uh... nobel a prize winning economist joseph stiglitz
this is quote carpenter cover trouble that suspect not and symbols
but means to an end nearly the recovery becoming in appleton objective
clark was not only did physical failure
four years after the mercy of the real estate bubble of three years after the onset of the
recession unemployment remains unacceptably high
and our economy is running for political show
a waste of resources in the trillions of dollars
but the way the program was met his past idly contribute to the economy's problems
so that is the ninety five
on top of all the damage i just explained is one extra layer which is
since this doesn't help the economy and also the sculptor
richest banking sectors world
what's happening is
it's sucking all the money on the rest of the economy
imploring as many people
and we're not employees many people
dictates that vicious cycle that cost economy more and more and more money
to to trillions of dollars
it didn't accomplishes objective
furthermore whose
counterproductive to mean that
the economic recession is closest to its about
so when you hear people today that part was a success
don't believe the height
not even remotely true
not within confidence of truth
total and order disaster for who spent
then
right now
the american masses will be molded into complacency
by pretty words from democrats and republicans
and it's hard to tell who knows that
f_d_i_c_'s onto a c seven billion dollars
who remembers the aging at the back of their lives
of city couple of people say
shaking in their status report is great
article about involving the post
so they'll be here a little you know entity at that
that chairman in saint louis and went down was that the state
hey this is a bad idea is leaning towards a crash
and but everything will be fine
until we hit that popped in a slice broke straight ahead
and as his ship is sinking
you know what all the politicians will tell you
say a word
no one could have zenica
but as all these top experts in the country i was screaming from the waters
we saw hancockbank
this has served the exiting all tourists they can
it directly to indicate that perhaps they amie
were already out of money nor detect really that whatever the elves we don't have any
money left
the next time
all evoke local police fruit
uh... i don't think that that having to depress you antonini in that news
but that's the news it is my job to get you whether it's good or bad
and on the day so it's good excited and i love sharon
but today is not one of those days and don't let people are you about that
you don't
after
help
health
hot
heart hand-picked on top
on inside practices studio we've been singing it for the past two days peanut butter democrat
without without a reasonable having it because everytime i come in
i say
good guys
it's our an innocent bystander intently with that
anyway that that's that's uh... called purposes on that's likely
no tyler says i love you
that song is nothing but for
in
and that's what i love about not amused
the words that make sense
let's face facts
is but it could be
they did say that he
it's a if you have a salad cabin student at the satellite time within the same thing
it you tonight ninety detect ad
and also there was to set up
you know i hear absolutely right and wrong and has a good day and another thing that
made that son
very popular is the fact that was still ran it like thought that there isn't a person
on the planet that does not like peanut butter and jelly
if you are living in the united states and you don't like peanut butter and jelly
you're on american
okay i've already stated it that you're done you're over
uh... but what's lords
a list of course european
allergy
in which the
we're very very sorry delivered advantages and uncommon occurrence i said earlier
across atlantic city would kill you
but you would be un-american if you look at
well or or exact it's ok it's five euro chaperones also
intact
units at
but do you think about that we've been focus
all right let's move on we we have a lot of stories the u_n_ j cut into my are add significantly
today
nightingale analytical over just under fifty
really don't want to discard all right let's start off with um... a store that tom sent
me this morning that pile up
so yesterday we were talking about luck and how some people are luckier than others
what is a perfect example of the gentleman who is extremely unlucky
it turns out that in information technology worker he's anonymous and unidentified we
don't know who he is uh... he decided to
no opt out of participating in his office lottery before
now doesn't every single week all of his co-workers and colleagues get together they buy the ticket
everything's great
uh... and they always looks right because of course is extremely rare to wayne well
it turns out that the week where he opted out
his office one
they won the mega millions jackpot
three hundred nineteen
million dollars
auriane
use
steer
i mean is not the failure of the week
as the pillow
lifetime
it really is on
he's got to be this it's man in america
by the way
and it's in a lawsuit
innovations he says he opted out
yugos dead
you know
levinson's lawlessness but you know get fatter
participating in a pattern according to law gobble gobble gobble up
but look here's what they should
ishita religare
matted
at that explicit
twenty years
d equal share you opted out it's a sad day free obviously right
everything's gonna be alright years whatever it is a a hundred thousand to invest my own
and whatever it is but like you you'll be all right don't you know they are right uh...
by the way one of his colleagues said that they asked him twice are whether or not loan
which sure about
opting out whatever
and he basically answered back saying yahoo past this time
uh... i'm not feeling lucky
and then afterwards he thought
immediately regret decision
or bad
but ironically he was right needy had no idea what kind of a politically decision he was
about to make
right that's not true
and you know i think going back to what you said about on his colleagues going in the
boat i'd agree with you so much
i mean after taxes and everything uh... each one of them
are going to walk away with sixteen million dollars doesn't after taxes
that is so much money right
what i wanna do personally if this is my coworker and especially if i really like ten i would
definitely give a million maybe that's a generous but i think that that's
it's beyond fair
but i have to be a co-worker i like
you know if it's a color guard well-liked and i didn't
yeah standing died
services and activists unity
jr's like
is the one we have not been apart this and we will have sixty million dollars and we'll
give bill
walking without walking elected for coats is that
through the attitude that's a great thing about noted troubled by this
decision participated
it actually yeah that would be so messed up how better would you be jr
and you know when he wants right backwards you'll find a way to retaliate
it's impossible to actually kisses
maybe argument that way you know that position
they can do that workers is hope
uh... maybe some months since the action i think you know it
i think the primer
whitney
near app nazism discontent
took to run for newt and you know there's occurred just keeps
down his care for it
can afford it
how do i get to work at that
you know what are they realize the whole problem of winning a lottery i one uh... mega millions
jackpot if i want any type of money right
and we don't have a record can be low-key about it because that all this i didn't know
your long lost cousin comes around
i finally found you
elicit branford
there isn't finally we reconnected so how about that
like i don't want to get that that's nothing but jobs no insurance
so i don't know yet and
is actually worsened
because than people come around and they uh... alone about my daughter she's such a good
student she's about to go to college but we don't have enough money engine teenagers their
tuition
celebrate yours is a problem with that
right yeah and then delete has that story
x it's there because of the decade anecdotal
community colleges that whatever it is a cup there's a
and a real right
and everybody wants to make it if you don't have
with the castano so many of these lottery winners windup
but not immediately but in the long term regretting their decision rats are sent overseas crazy
but they get bombarded by that's up in a lot of lined up becoming depressed
on using your money so gentle work
you're better off the broken down
look more money you come across the more problems you see
mo money mo problems
it's i mean
bas we not do it
not sought
everybody so that from like arm
my ole vietnam's money-market by the way
odd
like yes that is yes is it
like this and at my guess is that it is not as generous as you can help please come now
really
you give them the italians succeeded that's
you know why you know why because i'm an american
because i believe in helping other now i'm not kidding why did why do i need is sixteen
million dollars the first part with your money if you know how to invest your money properly
you're fine with fifteen million i don't need sixty million dollars if one of my co-workers
archivist lottery
and not nothing
of quiet if i like him ok pick i would definitely definitely help 'em out and a million dollars
i think at that point is
chump change if you've won sixty nine dollars the millions and i think really one million
dollars and extra million is going to make your life different it's gonna make it better
you don't have a real estate suddenly decided to go
how but it would it be like to get a missionary
it's easy to additives cheers admitted because they restricted at best
but connie atlanta like the people without it
but for the evening in with
bike and cinnamon completely on sticking members what sort of thing
maybe there's so many people in the office pool
that you know i'll give her a couple million well
if each of the sixteen
eleven i would miss it it's going well for them
or or suggest the back of that
because there was fed up my
status it animus healthy yeshiva from st cross the line so i think it's
if you guys on the books on the same time each of the if there's enough of us
you may have made it easier in the profile in five mins them you know how many are there
visited upon a few million
uh... and distended that'll be the last meeting tomorrow when i get them
six figures right now
you know what you know what the status
now that that's a really
you know i he was a redistribute the wealth
his legacy and his money on he was saying all of your money into the loop
loser like a lot of free market said he didn't buy the tickets at different
an auto on our way to there are many issues which democrat trait on the way that it has
to sort of aidid
you're right that would be the conservative think tank
all right this next story will probably in radio can and by the name of john thompson
spent fourteen years on death row for a crime he did not commit
seems like we're doing more and more of these stories on a daily basis
uh... well it turns out that he was wrongfully convicted of
murdering a hotel executive and the reason why he was wrongfully convicted is because
the prosecutors
hit d_n_a_ evidence and witness testimony
that would have proven his insects
okay so what is it is he still prosecutors
and uh... according to the according to what the jury ruled
he was supposed to be awarded forty million dollars which i think it's fair
one million dollars for every year he spent in prison when he was not supposed to be there
uh... cl so close to death row in fact he was supposed to be executed in a few weeks
and then they produce
okay so he soon and the jury decided yes we're gonna work in the fourteen million dollars
wildest
that's when the supreme court's and when the supreme court rule
at www or you know he couldn't prove that there was delivered indifference
so sorry no fourteen million dollars for you
he did you just a case where you can make your own judgment gerstner's delivered a difference
there was
or different prosecutes
that have applauded did not match as well
or
they're like the area let's not give it to the defense that would prove reasons
and that that's not all they had an eyewitness that testimony say
the big i've actually because crime was six feet tall
and had very close cut hair
at the time
he had
edit the guy in this case had an afro assyrian acro and was five but it
look without the blood and say you know what they did it was a little bit of a mistake
but it doesn't matter first with the prosecution passed this year that evidence of the defense
either way
the prosecution is not just get a conviction is troop
this is sort of justice
it by logging but you know that
for the defense eachother at the shared but what the bloody this scene arguable
they knew he wasn't like i
but they can do it anyway
and what the conservatives on the supreme court led by clarence thomas a
coming
is that really a pattern could be really show a pattern of the prosecutors have no i'm not
sure that your he said it but i don't believe it
by the way to get it
to chopin they also to this case from the same city
worth with similar results that prosecutors to exhibit ourselves and i don't know about
not not not by
it's not
this this
east it just shows you'll the label
corruption
in the justice system and i love how the supreme court the conservatives in the supreme court
are supporting it
you know if i were in the supreme court i would you everything possible to make sure
these prosecutors lose their jobs
high-dose evidence that there's absolutely no excuse for it i know that there were absolutely
no mistakes made this was done on purpose
as you mentioned there were four prosecutors who was not one prosecutor
it wasn't like this you know blood test was uh... like the results were sketchy i'd just
to give you an example
so it turns out that the murderer had
a type of be black right had type b_ blood
concentrates hypo
so you know the results of the test alll word sketchy at all it was just clear evidence
of the prosecutors purposely hit
they should not be prosecutors
anyway jr did rise in the emotion of the palestinians the schools with a look like you said
it's a part of the law
they have
that when the special and this kind of evidence the contract with the term proof
i mean at this point
the sense is that
the purposely
they should be imprisoned for fifteen years
yeah forget lose their jobs you lose avenue the prison i'm not on death row but you almost
killed but man
well you know the president that's attempted *** associates in my mind is the same thing
you go to prison to defuse twenty years
yet well and i've never been more against appareil are you know the death penalty
can you imagine he came in with he came within weeks
of the executed for a crime he did not commit
and how many of them other cases are there
better similar to this
and he said it will be in that direction
the five conservatives on the supreme court said no
uh... nixon sticks in my stomach such a disgusting story
nationalist going on the justice system prosecutors are getting away with *** literally
okay all right well we got to take a break so let's take a break when we come back are
and john something explains what the american dream is
really inspiring story in my opinion so we'll be back with that and more