Bank Of America Earned 4.4 Billion in 2009 and Paid No Taxes.

anglophonic:

And likewise, because of loopholes worked out secretly in Washington the top six American banks paid less than 11% of their reported income in taxes.  If they had paid 35%, which is the amount they are required by law, the United States would have an additional $14 billion ($14,000,000,000.00) in revenue.

That’s 14, followed by nine zeros and two decimal points. 14 Billion Dollars.

Those six banks, by the way, were Bank of America, J.P. Morgan Chase, CitiGroup, Wells Fargo, Goldman Sachs, and Morgan Stanley.

But seriously kids, the national debt is your fault and China is coming to get all of us.  Just ask a bank.

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SOURCE: MSNBC, Cenk Uygur, Democratic Underground, Wall Street Journal.

Hacker Group Anonymous Brings Peaceful Revolution To America: Will Engage In Civil Disobedience Until Bernanke Steps Down

The world’s most (in)famous hacker group — Anonymous — known for effectively shutting down their hacking nemesis security firm (with clients such as Morgan Stanley and, unfortunately for them, Bank of America)- HBGary, advocating the cause of Wikileaks, and the threat made by one of its members that evidence of fraud by Bank of America will be released on Monday, has just launched communication #1 in its Operation “Empire State Rebellion.” The goal — engage in “a relentless campaign of non-violent, peaceful, civil disobedience” until Ben Bernanke steps down and the “Primary Dealers within the Federal Reserve banking system be broken up and held accountable for rigging markets and destroying the global economy effective immediately.”

The Anonymous manifesto:

• We are a decentralized non-violent resistance movement, which seeks to restore the rule of law and fight back against the organized criminal class.
• One-tenth of one percent of the population has consolidated wealth in unprecedented fashion and launched an all-out economic war against 99.9% of the population.
• We are not affiliated with either wing of the two-party oligarchy. We seek an end to the corrupted two-party system by ending the campaign finance and lobbying racket.
• Above all, we aim to break up the global banking cartel centered at the Federal Reserve, International Monetary Fund, Bank of International Settlement and World Bank.
• We demand that the primary dealers within the Federal Reserve banking system be broken up and held accountable for rigging markets and destroying the global economy, effective immediately.
• As a first sign of good faith we demand Ben Bernanke step down as Federal Reserve chairman.
• Until our demands are met and a rule of law is restored, we will engage in a relentless campaign of non-violent, peaceful, civil disobedience.
• In our next communication we will announce Operation Empire State Rebellion.

^ » zerohedge.com

maxkeiser.com:

Finally, a ‘shock left’ organization in America to restore some balance. Michael Moore and the rest of the so-called ‘liberals’ were never more than just less to the right-of-center than the rest of America that is ‘far-right-of-center.’ There has not been any decent shock-left action since the 1970′s in the U.S. Hopefully, we’ll start to see some major ass kicking.