Background: Washington D.C., TARP & Homeowners Nonsense Explained In 3 Videos & 1 Image The Financial Crisis Explained In 3 Videos (Only one is over 7 minutes) 4 Videos Under 7 Minutes Illustrating Congress In Full (Includes Daily Show's previous expose's of Congresses Insider Trading)
Notice that in the USA the government officials can do insider trading etc. and NOT even have to disclose their financial information... i.e. there are no consequences for corruption! Just like in Pakistan! Only they actually talk about it on the media in Pakistan (but Pakistan has a higher corruption rating!)!
Faced with the grim prospect of being held financially accountable, lawmakers come together and cripple a bill aimed at more transparent government ... Proven: Paul Ryan Caught Doing Insider Trading! Did He Make A Deal With Mitt Romney? Proven: Proofs Of Mitt Romney Taking Bailouts
RELATED = From The Guardian: When this financial crisis began nearly four years ago the story seemed simple. The banks were broke and they told our leaders that unless the taxpayers bailed them out and took their private debts on to the public account, then the world would end. Our politicians believed them. We took on huge debts and bailed out the banks. Right or wrong, at least the story seemed straightforward: they owed us huge sums of money. Then as the crisis continued, a new group most of us had never heard of appeared – the bond holders. It turned out the banks owed huge sums to the bond holders too, and so did we. The story of who owed whom began to change. Gradually the story became less about the banks owing us money and more about owing the bond holders. It seems to me that our governments and their financial advisers from the banks have a double standard when it comes to debt and its repayment; one which greatly benefits the financial world and punishes the taxpayer. On the one hand, the debts of private banks and those who own that debt, the bond holders, are being protected from any losses by the publicly funded bailouts. Public debt, on the other hand, at the insistence of the same banks and bond holders we have bailed out, is being paid down at breakneck speed, no matter what the cost in unemployment and the destruction of social services.
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