Show us also why $700 billion is needed at this moment.
Or was the pressure and Bush’s scare tactics not products of fear, but to trick Congress on the eve of adjournment of Congress?
This won’t be the last bailout. They want to do student loans, car loans who knows what else.
“businessmen who fail in neighborhood stores have to close shop and often sell their homes, while Wall Street titans are spared”
I say, KILL THE BULLSHEET BAILOUT, THEN SHOOT IT IN THE HEAD.
25billion FORD GMC ..wasn’t enough, need more
30billion BEAR .....wasn’t enough, need more
85billion AIG .....wasn’t enough, need more
200billion FANNIES...wasn’t enough, need more
770billion WHO ELSE? and no one will ask the question,” Will this be the last dollar we have to spend”? ....
...........Because it won’t be.
Spend $700 billion, 5 percent of our gross domestic product?
They either STOP this bailout, or we START with our Run on the Banks and Stocks. All our money out of there and into Treasury securities....a - FLIGHT TO QUALITY.