NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES
I'M VOTING FOR SARAH
There has been a lot of noise from overseas encouraging US politicians to pass the bailout bill......amazing stuff.
The USA taxpayer bails out the global bankers....
Adding link to here:
Timeline Project — link page of Fannie/Freddie
http://www.freerepublic.com/focus/f-bloggers/2093845/posts
Consider:
Bush signed a $300 billion dollar mortgage rescue bill on July 30, 2008. It takes effect today, October 1st. Nobody on Capitol Hill is talking about it.
The US just increased their credit swap line to their foreign partners up to $630 billion dollars a few days ago.
Apparently, Secretary Paulson has threatened a presidential veto if this language gets taken out of the bill.
The prime minister of Britain was in Washington, D.C. over the weekend begging for bank bailout money. Britain's laws do not allow a bailout option.
The Credit Default Swap crisis has overwhelmed the worlds financial systems. The US is the only economy in the world large enough to make an effort at tackling this problem.
Here’s a great idea. How about them bailing out the American tax payers. That $700 billion could do a lot of good in America. We have become foreigners in OUR OWN country! It seems to belong to everyone but Americans because they sure as heck are the ones who count, and NOT us! THAT has got to change, and darn soon, or it will be too late.
I guess this money got borrowed by Americans before. To buy large screen tvs, SUVs, huge refrigerators with integrated icecubemakers, houses, aircraft carriers etc.
Now it’s time to pay back.
Nothing like whipping up a bit of xenophobia to get people to oppose the bailout...
as if Americans weren’t pi$$ed off enough! I read an article from an Brittish paper saying their banks could get US funds yesterday....this is getting out of hand.
US ‘Casino’ Mentality Blamed For Planet’s Meltdown
http://www.freerepublic.com/focus/f-news/2094698/posts
I think the best we can hope for at this point is a reach around.
BTW: When you're talking about *Global bankers* you're referring to *International bankers*. IOWs, the same banking families that have been around for a couple of hundred years or more.
The same families who have used their wealth to achieve economic, political and cultural control over the entire planet. (at least that's their intention)
This site details some of their tactics and the groups involved.
http://www.modernhistoryproject.org/mhp/ArticleDisplay.php?Article=FinalWarn05-3
I’m not very well versed in economics, but have been following Denninger’s videos and comments on fedupusa.com for about a week now. He puts things in language easy for a layperson to understand (although sarcastic at times). Denninger had the right analysis from the get go. He also has solutions.
A lot of foreign banks have bought our bad debt. Is the rush to pay foreign banks off a result of a threat to Bush/Paulson that if they don’t cough up money for foreign concerns, those concerns will be very reluctant to invest in the U.S. in the near future?
Bush/Paulson act like people who have been blackmailed with something very onerous and rather than revealing the onerous reason, they’re trying to sell us on more innocuous reasons why this must be done pronto.
Of maybe I’m making this more of a conspiracy than it is.
It is clear to me that Europe with an economy in shambles is a severe foreign policy concern. Europe could not defend itself from a hostile takeover, either political or military—from without or within. And we are not in a position militarily to lend much help.
Well, if China sells you tainted food, don’t you want your money back? We sold the world tainted securities, backed up by lying ratings that the issuers paid a fee to Moodys and S&P to get assigned to the toxic waste they were peddling - it’s going to take a long time and a lot of money to ever restore trust in the American financial system after that.
This is nonsense. This money will be used to buy bad loans at a fraction of their real value that are crippling the financial industry, and restructuring them until they are paid back.
This is just rabid xenophobia to get people into a frothy mouth rage.
And the people involved should be dealt with as the law pertains to traitors.
John Adams borrowed money from the dutch, French, and germans along with Ben Franklin and Thomas Jefferson, to fund a revolution against tyranny.
U.S. Munitions factories were funded and partly owned by Spanish, German French concerns for years.
More than half of the populations in South America have Spanish Portugese, German, Italian, and Austrian blodd lines. Companies there are owned in part or whole by Europeans and United States Companies.
This is called Commerce, it has been going on since our forefathers and Indians traded at Plymouth Rock.
Trade is not to be treated as a Political issue only.
After all Where would we all be If the Founders did not cut similar deals in the late 1700’s?
The global markets have been damaged by our securities, and it makes perfect dense to me, to treat it as a global problem as we are so intertwined at the roots.
It's a disgrace that they are shoveling all of this crap into a bill.
CNBC mentioned there is a provision for imported wooden arrows in the proposed bill, something with tariffs I think.
We need a narrowly targeted, free market oriented bill, quickly.
Why can't our Congress get simple things done efficiently?
I’d almost rather give money to ACORN.
This is financial atrocity.