Posted on 08/04/2008 2:50:33 PM PDT by nicola_tesla
Remember when I said that I believed that Asian Central Banks had threatened Paulson regarding Freddie and Fannie?
Here 'ya go:
"Concerns about the financial health of the biggest U.S. mortgage finance company had driven Fannie Mae's borrowing costs to the highest since March the previous week and its shares had tumbled 45 percent on the New York Stock Exchange. Investors in Asia, the biggest foreign owners of Fannie Mae's $3 trillion of bonds, were asking the Treasury to bolster the government- sponsored company and its smaller competitor, Freddie Mac, said three people with knowledge of the talks."
Don't you think the American People deserved to know BEFORE our government signed over $800 billion of taxpayer money that FOREIGN INVESTORS AND CENTRAL BANKS - THAT IS, FOREIGN GOVERNMENTS - effectively BLACKMAILED our government?
Are you prepared to sit on your ass while FOREIGN GOVERNMENTS dictate what our government does, to the tune of $800 billion United States Dollars we do not have, constituting a personal debt of about $2,200 per person in The United States?
That's right folks - every man, woman and child had extorted from them $2,200 (or nearly $10,000 per family of four!) plus interest (forever, since we will never pay this debt down) and you weren't even told that it happened until AFTER the bill was signed into law by President Bush.
Angry yet?
Angry enough to DEMAND that this bill be rescinded, and take every (lawful) action available to you as a United States citizen until it is?
If not now, then when will you insist our government NOT respond to blackmail by foreign interests - especially when they do so without telling you first?
By the way, having gotten away with it once, they will do so again. $10,000 per family is, in fact, quite cheap compared to what's coming.
You heard it here first.
Please link to the bill that costs us $800 billion.
The article simply states that a group of investors wanted some assurance from the Treasury Secretary that the implied guaranteed still existed.
You think that's blackmail?
Believe me, when central banks own 800 billion of your debt you'll sit down with them too.
Calling it blackmail is simply yellow journalism. And nicola is reprinting the trash right here on Free Republic.
BTW, I especially liked this comment in your post:
Man, this country is just full of people who think the rule of law should give precedence to rule by favor.
And you would take this country back to the days of witch trials and superstition.
Try the math again - maybe a calculator will help.
17% of 5.2 trillion is ...
And you know what the bill is. If you can’t figure it out, there’s these neat search tools on the web that will help you out.
Don't you think the American People deserved to know BEFORE our government signed over $800 billion of taxpayer money to CHINA
You'll excuse me if I ignore your 17% number, Karl Denninger wasn't talking about 17%.
Let me know if you find proof of a bill that gives $800 billion of taxpayer money to CHINA.
And you know what the bill is. If you can’t figure it out, there’s these neat search tools on the web that will help you out.
Mine came from the Treasury. Yours comes from ???
Your BS comes from the Treasury? Is that it? Where else do you get your BS from?
Didn't you hear that 72% of the 2008 Federal Discretionary Budget was being "given" to China? In fact the $800 billion we gave to China dwarfed the $485B DoD Budget.
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