Quote:

NEW YORK (Reuters) - Wells Fargo & Co agreed to buy Wachovia Corp for more than $16 billion, besting a U.S. government-backed Citigroup Inc bid for some of its assets, in a deal that would catapult Wells Fargo to the top ranks of national consumer banks.

The proposed purchase, announced Friday, would give Wells Fargo a strong branch presence on the East Coast, a major gap in its network. U.S. banks have been scrambling to boost their branch networks to allow them to raise money from depositors since the credit crunch has made borrowing in bond markets increasingly expensive.

Wells is buying the whole of Wachovia, including its retail brokerage Wachovia Securities, and its asset management unit, Evergreen. Citi had just bid for Wachovia's banking assets.

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But now the Fed's are saying regarding the Wells Fargo deal, Wait Just One dag minute. We'd already agreed to help Citibank fuck over Wachovia Investors. We even went so far as to make it difficult for Wachovia to maintain a cash flow so that they would have little choice but to agree to this very bad deal with Citibank. We'd already got by with fucking over the investors in WAMU (not allowing them access to the FED window) and don't really understand why we should not able to cause the investors in Wachovia to also start searching high and low for enough prescription drugs to be able to kill themselves with.

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Okay, the Fed hasn't really been saying that but the point is valid!!! What is happening in the economy right now is 9-11 II. And our government's complicity in it is more than just a little obvious. There is no way our economy could have become so fucked over without government involvement and I mean beyond incompetence and ignorance.

When the price of gas went above $3 a gallon, that government officials did not start a rationing plan at once to deal with the economic damage that price was going to do to the economy, that was treason.

When government officials encourage predatory lending and punished politicians who were trying to deal with and stop the damage that any thinking person realized was being done, that was treason.

When government officials saw the price of real estate balloon way above the then inflation rate in the rest of the economy and did not take action to curtail loans into that sector of the economy, that was treason. Even now, the government is trying to reinflate the Real Estate Market so that people can't afford housing. I repeat, this is treason.

And that Government Officials who are part of the Trilateral Commission and Foreign Relations Board are doing this to help get America's First Communist Elected President, this is treason.

When the treason backfires, and Americans get back control of America, every one who has participated in this treason should not be allowed to pass Go, should not be allowed to collect their $200, but they, even if they have been President of the USA, should go straight to jail.