Senate Banking Committee Gets “VIP Loans”


THERE IS A HUGE SCANDAL A NUMBER OF YEARS
BACK, FROM SENATORS GETTING LOANS FROM COUNTRYWIDE
FINANCIAL. COUNTRYWIDE WAS ONE OF THE WORST BANKS DURING THE
SUBPRIME MORTGAGE CRISIS. THEY ARE PART OF THE PEOPLE WHO
COLLAPSED THE ECONOMY. THEY GIVE OUT LOANS THAT WERE FRAUDULENT
AND THAT THEY SHOULD HAVE NEVER GIVEN OUT. EXECUTIVES MADE MONEY
HAND OVER FIST. ONE OF THE WAYS THEY GOT AWAY WITH IT WAS THE
BUTTERED UP THE SENATORS. YOU WILL BE SHOCKED TO FIND OUT THE
VIP LOANS WERE AT LOWER INTEREST RATES. THE SENATORS THEN WENT IN
FRONT OF AN ETHICS COMMITTEE AND SAID I AM SHOCKED TO FIND OUT I
GOT SUCH A GOOD DEAL. BUT THAT’S OKAY, THEY PASSED LAWS,
REGULATIONS, SAYING WE WILL NOT DO THAT AGAIN. LET’S CHECK IN ON
THAT AND SEE HOW IT’S GOING. LET’S TELL YOU WHAT THAT
ANALYSIS GAVE US. THIS IS FROM DAVID SIROTA. YOU DON’T KNOW THE
RESULTS YET, SO MAYBE IT DIDN’T AFFECT THINGS AT ALL. MAYBE
BEING ON THE BANKING COMMITTEES DID NOT AFFECT HOW THEY
GAVE YOU LOANS. INTERESTING. IT SEEMS LIKE THEY ARE STILL GETTING SOME
ADVANTAGES. ON AVERAGE THE FIRST YEAR THEY JOIN THE COMMITTEE
SOMEHOW THE BANKS WIND UP LET GIVING THEM MORE LOANS. THEY ARE
NOT JUST GETTING BETTER TURNS AND MORE LOANS. THEY ARE GETTING
THEM SPECIFICALLY BECAUSE THEY ARE ON THE BANKING COMMITTEE AND
THEY MIGHT BE ABLE TO HELP THOSE BANKS. HERE IS ONE MORE
INTERESTING TWIST FROM THE STORY. THAT’S INTERESTING. WHY
ARE THESE WEAKER BANKS DOING THIS EVEN MORE SO? LET’S FIND
OUT. THAT IS BASICALLY CRONY CAPITALISTS. IF YOU ARE A WEAKER
BANK, THAT IS TRIPLE COMPETING, WHAT DO YOU DO? YOU ILLEGALLY
BRIBE SOME OF THE POLITICIANS. IF YOU CAN’T COMPETE IN THE FREE
MARKET, SCREW THE FREE MARKET WHICH IS TO CORRUPTION INSTEAD. THE BEST CASE SCENARIO HERE IS THESE ARE NOT EVIL GUYS. ABOUT
YOU SOME MIGHT NOT EVEN BE QUITE PERFECTLY AWARE OF HOW MUCH
BETTER OFF THAN THEY ARE AND EVEN NOT JUST AVERAGE AMERICANS
BUT THEIR FELLOW SENATORS WHO WERE ON DIFFERENT COMMITTEES. THE BANKS ARE NOT NECESSARILY THINKING I GIVE THAT GUY A
BETTER RATE AND IN RETURN FOR THE BRIBE HE WILL MAKE SURE MY
INSTITUTION GETS ADVANTAGES. EVEN IN THE BEST CASE SCENARIO
THEY THINK, IF I AM IN THE ROOM WITH THE GUY I AM GOING TO
INFLUENCE HIM MORE. THAT IS HUMAN NATURE. MAYBE YOU DO THAT
BECAUSE YOU SUBCONSCIOUSLY KNOW. OR MAYBE IT’S WRITTEN DOWN ON A
MEMO? EVEN IN THE BEST CASE SCENARIO, IT IS TO INFLUENCE
THEM. OF COURSE IT IS. WE CAN’T HAVE IT, BUT WE DO. THAT’S A
CORRUPT SYSTEM WE LIVE IN. THAT’S WHY IT’S SO MADDENING
WHEN PEOPLE LOOK AT THIS AND THEN GO, CAN YOU PROVIDE ANY
EXAMPLES OF CORRUPTION. YES, THIS ONE. AND DOZENS MORE. THAT
IS PART OF THE REASON WHY DODD FRANK WAS ALREADY SUPER WEAK. NOW EVERY DAY THEY ARE WEAKENING IT. EVERYDAY THEY ALLOW THE
BANKS TO TAKE MORE OF A RISK WITH OUR MONEY. THEY WON’T
REINSTITUTE GLASS-STEAGALL, AND THIS CORRUPT SYSTEM GOES ON AND
ON. THESE GUYS WITH POWER CONTINUE TO RAKE IN ALL THE
ADVANTAGES AND PUT ALL THE DISADVANTAGES ON TO ALL OF US. WE HAVE TO CHANGE THE SYSTEM. WOLF ñ PAC.COM, LET’S GET AN
AMENDMENT, DO WHAT THE FOUNDING FATHERS TOLD US TO DO. THEY
BUILT A REVOLUTION INTO THE DOCUMENT THAT WAS TO GET
ADVANTAGE OF IT AND END THIS CORRUPT SYSTEM. WOLF ñ PAC.COM. GO.

82 comments on “Senate Banking Committee Gets “VIP Loans””

  1. Noobs Of America says:

    LEGIT FIRST!!!!!!

  2. Posty says:

    second m8

  3. Dillian Duffy says:

    I'm just going to wait here until some idiots say stuff I can take apart.

  4. Deez Nuts says:

    #feeltheselloutBern

  5. Eternal Void says:

    TrigglyTurks

  6. MikaelKKarlsson says:

    Too much regulation!

    *cough* gimme a loan *cough*

  7. Sanju Singh Mma says:

    6th DISLIKE!

  8. Jacob Wolf says:

    #jillstein2016

  9. Mimi Hum says:

    #bernieforever

  10. Dead-Owl 911 says:

    Cenk denies the artisanal doughnut genocide!

  11. Proud Liberal says:

    I trust the government to run the economy. Only greedy capitalists want free market. Duh!!

  12. thegreatmonster says:

    Hey Cenk, are the banks 'giving them more loans' or are they allowed to give speeches, you know like them Hilly, for a fiiiiine fee?

  13. EdgeOfDarkness86 says:

    And this is news because?

  14. Proud Liberal says:

    We need more regulations to fix this. The solution to government corruption is more government. Logic. Duh!!

  15. Sabir Zain says:

    These loans are unwillingly provided,by taxpayers

  16. Alexander Margini says:

    Just signed the petition. Keep on pushing it Cenk every day we are less than 20,000 signatures away. Lets aim for end of this year to reach the goal.

  17. Melissa Vasquez says:

    A regressive or TYT-drone please tell me how campaign finance reform, or Wolf-PAC will stop this.

  18. Shawn says:

    Bernie Sander's recently bought his THIRD home! Socialism really does PAY!

  19. 123abc says:

    They got the loans because Cenk denied the Armenian genocide and the Law of Universal Gravitation. Cenk also makes Ana work for free because she is Armenian.
    Corruption in Washington will only end when Cenk starts hating regular Muslims.
    #Drumpf2016 #TrollsforTrolling

  20. iativ says:

    This is clearly corruption but it has nothing to do with Wolf PAC. Even if you pass a much needed Free and Fair Elections Amendment to our Constitution, the senators in banking committee will still get better loans. Wolf PAC just wouldn't fix this.

  21. Marak Lia says:

    Shit, my first mortgage was thru countrywide …. I didn't get a good deal.
    Refinanced thru a different bank two years later

  22. The Logical Beaver says:

    They passed regulations written by lobbyists enforced by "regulators" who are former industry professionals of the interests they are supposed to be monitoring…

  23. The Logical Beaver says:

    Wanna bet Ron Paul never took a "loan" on the banking committee??

  24. LG Life's Good says:

    Cenk Yogurt gets VIP loans from Qatar.

  25. Hidden Emperor says:

    Steal a wallet and go to jail, destroy an entire countrys economy and steal the taxpayers money get 0 punishment = Umerica

  26. john handcock says:

    duh?

  27. Elaine Bremer says:

    Well why not tell us who is on those committees?

  28. YouTubeExplorer says:

    Anyone surprised? Corruption is systemic in this country.

  29. America's Imperialist says:

    Why are libbies outraged? You guys are constantly begging for free healthcare and free college and what this really means is: "if you're part of the working class, I want you to pay for my healthcare and college, because I'm incapable of working or providing for myself."

  30. e8iMm7KE999 says:

    Hilary Clinton = g.w.bush

  31. Liberater says:

    The American Dream is capitalism at its best, the American reality is Capitalism at its worst

  32. Matthew Graey says:

    Change the system with ink, before it ends up being changed with blood.

  33. Sage & Fool says:

    Another reason to support Jill Stein and NOT Hillary Clinton…right, Cenk?

  34. frediax10 says:

    vote for hillary she will stop this

  35. David Myers says:

    The most addictive substance that has ever plagued mankind is money. Politicians are a lot like the worst crack heads you have ever heard of. They will start wars or lock up US citizens by the millions they will sabotage their own country for it. There is nothing they will not do for it and the pushers of this drug is their donors,

  36. Rodeslav says:

    Criminals, the lot of them. We need a French Revolution here. Hillary the Treasonous Witch should be first one on the chopping block.
    #CapitalismonlyworksfortheRich #NeverHillary

  37. Storm The Bastille 2019 says:

    AMERICA was executed W/ JFK

  38. Storm The Bastille 2019 says:

    every man was born to be…….free and independent

  39. Storm The Bastille 2019 says:

    but Trump is in the KKK

  40. mangaas says:

    Shhhhh, black lives matter, fight eachother, dont look over here. Now lets use your children to bomb and invade some random middle eastern country.
    FOR DEMOCRACY!

  41. The Independent says:

    perks of the greatest government money can buy

  42. merchantsailor says:

    Conflict of interest Hillary and William Clinton Foundation? If the glove fits you must not equit.

  43. merchantsailor says:

    Same for ALL COMMITTEES, Mcain on defense committee, the cesspool is deep and wide.

  44. Linda Clement says:

    Here's a list of members of the Senate Banking Committee from their own website. If any of these folks are representing your home state, you might consider zipping them an email explaining your feelings about members of their committee taking out bank loans with unusually favorable terms, and asking if they have publicly disclosed any bank loans they have received during their service on this committee.
    www.banking.senate.gov/public/index.cfm/membership

  45. R Davian says:

    but this is what we voted for?

  46. Blaine Mitchell says:

    What a surprise… politicians are scum! Who knew?

  47. issareign says:

    Crnk denies the airmail jetpack scissor twist.

  48. Twostones00 says:

    The chairmen of these committees are all republicans, Richard Shelby (R, AL) Senate chair. House Financial Services Committee Chairman Jeb Hensarling (R-TX)

  49. Apollo Sun says:

    I bet Vladimir Putin is behind this also.

  50. no pe says:

    stop saying "not evil" they are evil scum bags

  51. Franco Pepe Kalle says:

    Hehehehe. This is pure comedy. Corruption is alive and well. Congress is now a fart fuck show. They just give farts for the regular people and they are clean only for rich whores who care about money only. Congress is a fart theater. Bad gas and horrible gas. We have Democons and Great Oil Pigs farting and farting every day to make us more miserable. We need to get money out of politics all wise we will see more gas from Democons and Great Oil Pigs.

  52. DoGon Supreme says:

    but they also get the best health care that nobody else even has heard of, they also get to trade on insider information legally, they get a pension for life, and vote to for wars that their kids somehow always get exempt from…the system is broken

  53. Jimmy Andersson says:

    Personal responsibility?

  54. James Davis says:

    No it was Obama and Clinton who destroyed the banks and housing market (sarcasm )

  55. Mark Frost says:

    ILLUMINATI

  56. Christopher Dahl says:

    Revolutions don't END anything, Kommisar's nephew, except lives. And they rarely happen unless people are actually dying.

  57. metti Doroci says:

    I would do the same shit if i got there type of $$$$$$

  58. James says:

    the workers should
    directly own and manage their workplace and should not be subject to a cough dictator I mean boss.

  59. Braxtyn Frechette says:

    even the aj trolls can't dislike this one.

  60. Bob Nub says:

    Very Idiotic Person loan

  61. 04mzwach says:

    #LoserCenk

  62. C Pearson says:

    I just can't look at Cenk without seeing a pair of antlers by his ears.

  63. Hobbes Tiger says:

    I'm sure the member of the committee cover the military budget and planning each got a free tank.

  64. akaElleLatham says:

    I don't think conflict of interest exists anymore. Or else Hillary Clinton would be headed to prison.

  65. Adam Di Giorgio says:

    None of them are evil, says Cenk. Evil does not exist, says Cenk. But it's human nature to do terrible things like this.
    I get that the way to fix the problem isn't by saying it's unethical, but ethics are part of human reality, and we can call these people's behavior unethical and even evil. Evil doesn't have anything to do with whether or not you intend to do harm.

  66. Brian Rowland says:

    Washington would have them drawn and quartered for High Treason. The Founding Fathers of this Country were sick of a King and the Wealthy destroying freedom. They wanted to start a Country For and By the People. They tried to write in as many protections as possible against an Aristocracy or Wealthy Class running America. Washington and Jefferson started the Democratic Republican Party to run against the Federalist that thought the Aristocracy and Wealthy should run the Government.

  67. vmah0111 says:

    i guess the saying is true that if you cut a politician they bleed money.

  68. Tim Anderson says:

    aren't these hang able offences ?????

  69. Moh Moony says:

    Most senators came into politics to help people and for the love of their country, but then stay too long for the perks. Maybe they & congress should have an expiration date like the potus does, throw them out before they go bad.

  70. bobby says:

    This is old news. It's just an extension of #CrookedHillary's Pay to Play scheme.

  71. SEXINGTON GOLD says:

    Revolution revolution revolution almost forgot what that word meant have to look it up in the dictionary Revolution that sounds about right revolution

  72. Spyder Beer says:

    Its sad to say this but there is so much corruption at every level of government and law enforcement, that nothing will be done to change it.

  73. duke earl says:

    how long before stink odor takes down comments from his wack ass page because he's sick of getting laughed at for being a greasy, rat faced bag of anti american saudi shit?

  74. funguide1 says:

    is this how political capitalism works. the corporations buy off the senators and senators want to keep their seats

  75. Jonathan S says:

    Hey Cenk you're the one who is voting for Hillary Clinton….not us

  76. coladict says:

    Invest in America: buy a senator today!

  77. Benjamin Hughes says:

    Thanks for covering this story, Cenk! It is so tragic that such crony capitalism and plutocracy exists in this country! Wolf-Pac!

  78. Catherine Folkman Whitford says:

    This news? Is anyone surprised?

  79. Joe Seaver says:

    It's like people with power think they live in a different world than everyone else, and the rules just don't apply to them.

    Even though they don't, they kinda do.

  80. Telly Vin-a says:

    and water is wet

  81. John Willett says:

    Liberty Is At Hand!

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