VIDEO - Sir Evelyn de Rothschild On The Global Financial Crisis And The Absolute Necessity Of Protecting Billionaire Bank Bondholders

CNBC Video - E.D. Rothschild with Maria Bartiromo

Our earlier story on the IMF bailout for billionaire bondholders uncovered that the Rothschild Group is one of the Anglo-Irish bank creditors getting paid 100 cents on the dollar by U.S. taxpayers (thru the IMF) for their failed investments.  So let's hear some bank-loving nonsense from E.D. Rothschild himself.  Notice the date on both clips.  This one came after Congress passed TARP, and Rothschild seems quite relieved that bank bondholders were not asked to take any losses.

• "Let's get back to capitalism for the good of all..."

• At 1:35 - "You have to face up to the fact that you couldn't let these people (banks) collapse..."

Really?  Why is that E.D.?  Of course we could have and should have let them collapse.  Every single one of them.  Then prosecute for fraud.  Then jail time.  Bust some bank-bondholder ass.  Then we should have used the $700 billion allocated for TARP to create 7 new banks with $100 billion in capital each.  I wasn't alone in making this suggestion.  Nobel winner Joseph Stiglitz said the same thing as did others.

'Capitalism for the good of all' my ass, E.D.  It was crony communism for the good of you, your family, and the global banking elite.  Go sell your lies somewhere else, because the righteous economic blogoshpere is not buying this steaming pile of shite.

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BBC Video - Oct. 4. 2008

This clip was recorded after the House initially rejected the bank bailout bill, and Rothschild seems a bit concerned, though he has faith in the Wall Street captured U.S. Senate to save the day.  It's pretty disgusting to watch.

• Geithner Meets With Lady de Rothschild, Bilderberg Elite

Comments

[DailyBail]

Nobel Laureate Joseph Stiglitz Argues For The Creation Of New Banks

http://dailybail.com/home/bank-bailouts-nobel-laureate-joseph-stiglitz-argues-for-the.html

[Byron S.]

A note to the wise. Evelyn's wife, Lynn Forrester de Rothschild, is a principal supporter of Sarah Palin and looks to derail the original tea party movement.

[DailyBail]

thanks byron...i'm well aware...palin is a tool...read this...

http://dailybail.com/home/sarah-palin-is-a-national-embarrassment-and-a-bailout-social.html

[G Street]

Well E.D., I'm no billionaire, but I thought capitalism was the reinvestment of wealth into production - like employee-owned companies expanding or improving their factory capacity to create more wealth for everyone. Our current system merely taxes all would-be productive members of society and transfers their existing wealth and their ability to create more wealth to an international parasitic class that bullies around the world, blowing financial bubbles that destroy nations, cultures and the ability of ordinary people to earn a decent living. It is an insatiable, monopolistic disaster than must be stopped before it completely destroys the rest of us. There is no trickle-down, there is only the swirling around the drain in the service of those who fancy themselves the overclass. FU, E.D..

[j r]

This parasite doesn't even know what capitalism is. He has it confused with feudalism.

[BSU]

Your blood will not come into being from these ashes evil lean.

[Wethepeople]

Remember the slave trade, remember the wholesale slaughter and in some cases the extinction of Native Americans, remember the fake reasons for attacking and later setting up permanent military bases in almost every country in the world? Remember how the middle-class police arrested the middle-class “draft dodger” to help corporations steal resources and labor from other countries? Well, continue to ignore the suffering of others, continue to help the elite and the lies of those who are supposedly representing you, and sooner or later you will realize that you are ignoring your own humanity and your own freedoms. Attack a bee and it will fight back, in fact it will call its allies and they will all attack you. However, you don’t have the common sense that nature gave bees or ants. You don’t organize, you send your own to prison that defend themselves, or steal to provide for their family, while the rich cover for their own so as to avoid any incrimination and protect their greed. Doesn’t it seem that you deserve to suffer? Doesn’t it seem that you deserve to be enslaved? Well the evidence says YES!

[DailyBail]

solid comments...i enjoyed reading these...