Tag Archives | Dylan Ratigan

Finally, Some Goddamn Truth Expressed on U.S. TV News

Don’t freak with the BS topic of yesterday in this clip, wait until around 2:45 minutes in where Dylan Ratigan (the only mainstream journalist as far as I’m concerned has been calling out these Wall Street crooks for some time) goes on a well-deserved rant on MSNBC’s Morning Joe regarding the unsaid truth about America’s “War on Terror” — he directly calls out the “extraordinary failure of our politicians and our media” to explain the money route behind these operations.

Thank you, Mr. Ratigan.

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Media Fail: The U.S. Gov’t Making An $8 Billion Dollar Profit Off Its Bailed-Out CitiGroup ‘Investment’ … Is Complete BullSh*t

Darth Vader Opens Wall StreetHeadlines like “U.S. to sell entire stake in Citi at hefty profit” are complete BS. Dylan Ratigan explains in the first part of this clip below how we, the taxpayers, gave a total of $23.7 trillion to these banksters. $8.8 billion hardly makes a dent.

The greatest transfer (“theft”) of wealth to bankers in the history of the world has happened, and the beneficiaries are in the heart of Manhattan. It’s great for those folks, but has damaged the lives of many people living outside of that city across the country…

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Lehman Brothers Was More Dangerous Than Enron

Lehman Brothers Are Crooks That Were Not CaughtHere’s an excellent explanation from The Dylan Ratigan Show of an arcane “accounting gimmick”, employed by Lehman Brothers as the firm failed in 2007 and 2008.

According to the 2,200-page court examiner’s report this practice, known as “Repo 105″ (“Repo”? Really, why not call it “Steal 105″?), was like “a drug” propelling the bank to conceal the true nature of its financial health.

The collapse of “venerable” Wall Street investment house Lehman Brothers was the largest bankruptcy in U.S. history. Here’s Dylan Ratigan and Eliot Spitzer making sense of what is clearly a crime against the economic health of the United States:

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Dylan Ratigan: The Cost of Corporate Communism

Dylan Ratigan writes on the Huffington Post:

Lately I have been using the phrase “Corporate Communism” on my television show. I think it is an especially fitting term when discussing the current landscape in both our banking and health care systems.

As Americans, I believe we reject communism because it historically has allowed a tiny group of people to consolidate complete control over national resources (including people), in the process stifling competition, freedom and choice. It leaves its citizens stagnating under the perpetual broken systems with no natural motivation to innovate, improve services or reduce costs.

Lack of choice, lazy, unresponsive customer service, a culture of exploitation and a small powerbase formed by cronyism and nepotism are the hallmarks of a communist system that steals from its citizenry and a major reason why America spent half a century fighting a Cold War with the U.S.S.R.

And yet today we find ourselves as a country in two distinctly different categories: those who are forced to compete tooth and nail each day to provide value to society in return for income for ourselves and our families and those who would instead use our lawmaking apparatus to help themselves to our tax money and/or to protect themselves from true competition.

Read the rest

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