Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

The Drudge headline has the WH denying that we bailed out (or will) bail out an Afghan Bank.

With all of the corruption this article was never posted are talked about...

1 posted on 09/05/2010 9:07:27 AM PDT by Dubya-M-DeesWent2SyriaStupid!
[ Post Reply | Private Reply | View Replies ]


To: All

The GOP had better put this on their CONTRACT WITH AMERICA

They better also cut off the U.N. as being our dictator

http://www.georgewashington2.blogspot.com/2010/05/american-taxpayers-have-been-bailing.html


2 posted on 09/05/2010 9:09:23 AM PDT by Dubya-M-DeesWent2SyriaStupid!
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Dubya-M-DeesWent2SyriaStupid!

This is old news.

The US sold overseas banks mortage backed securities that were susposed to be triple A rated. ie the mortgages were susposed to be worth something. When they turned out to be worthless everyone was burned including the foreign banks. if the US did not pay up for the worthless securities — then the whole international system would have imploded.


3 posted on 09/05/2010 9:15:03 AM PDT by ckilmer (Phi)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson