because the fed told him. you have to abandon it to save it. they re not going to be any money left. stimulus, if we didn t have the stimulus, barack obama said there would be another great depression. qe-1, qe-2. keeping all of america afloat. who got the money from tarp and qe-1, qe-2? who got all that money? the banks. the banks did. mr. potter gets the money. mr. potter gets the money. q.e., quantitative easing. fancy word for saying we have a printing press. just print more. who gets that money? let me show you a quote i showed you yesterday from the huffington post. the potential for further extraordinary official assistance to large players in the u.s. financial sector, poses a negative risk to the
did you get the money? no. i did. old man potter will pay 50 cents on the dollar for every share you ve got. fifty cents? yes. cash. cash! glenn: 50 cents on the dollar. my thesis is mr. bernanke is mr. potter. there is an emergency and he s paying cash. he will help, building you out. so how low can your dollar go? well, in the last eight years your dollar has lost 21.4%. it s now worth $79 cents. not a dollar. seventy-nine cents. let me explain this way. if you wanted to have retirement and all you had in the whole world was $10,000, you had $10,000 and you had it sitting in an eight-year period, you had it sitting in the bank. because they are inflating our money, they have take then much away from you. stolen. gone. you now have 8,000. mr. potter has taken $2,000 of your hard-earned money.
government credit rating. hold this here. large players in the u.s. financial sector. remember, george bailey, he is a small player. he is the large player. the savings and loans, the small mom-and-pop banks around the country now, those are the small players. large financial institutions. are going to get more money. potter wins. the definition of insanity is doing the same thing over and over again and expecting different results. the government is bailing the banks out over and over and it s not working. that leaves you to this question. if you know anything about critical thinking, you have to go why are they doing it? well, they are a, incredibly stupid. b, they re insane. or somebody is making money. they re in on it. i contend the greatest threat, the greatest theft in history is happening right now.
glenn: my thesis has been mr. potter from it s a wonderful life is mr. bernanke from the fed. the fed is the villain no one is willing to talk about. victim is george baileys. i want you to understand what the fed is. so many people think the fed, part of the united states government. it s not. it s the central bank of the united states. it s a corporation of banks. it s a company. it s the biggest anybody who is anti-company, this is the biggest, most powerful company in the world. in the world. nobody is even questioning it. it formulates the nation monetary policy. it s supervising and regulating all the banks. we don t even know who the banks are.
bernie madoff look like my son. last night i got home and my song took angry birds on the phone away from my daughter and they got a fight about it. i m like back it off, you two. but that, what is going on makes bernie madoff look like that. it s all under the guise of helping you. i thought about this, this morning and i want to lay it out for you. i think i can make a case with, it s a wonderful life. what was the problem? there was a run on the bank. do you remember the movie? it s a wonderful life. you have mr. potter in, it s a wonder of life. he wants power and control of what? the old building and loan. so the problem was there was a run on the bank, leading to depression. it was the depression. the solution was potter would bail everybody out. solution two, understand what patter wanted. here is mr. potter, the evil