Posted on 10/10/2008 10:08:51 AM PDT by BGHater
KILL THE BAILOUT. SIGN THE PETITION.
Folks, please forward teh petition to everyone you know.
http://www.petitiononline.com/Nobail1/petition.html
Let the banks do what banks do and close down Congress. They do more damage than all the banks put together.
is the fact that pork-barrel ‘sweeteners’ like tax exemptions for ‘wooden arrows’ and funding for wool research were added to the package in order to secure the votes for passage.
“hmm I’m not so sure I’ll vote yes but now I will thanks to that wooden arrow provision!”
AMEN!!!
Days after $87 billion dollar bailout, AIG execs spent $443,000 at spa resort. CEO walks away with $5 million bonus.
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=10089022&ch=4226720&src=news
Lehman Brothers Arranged Huge Bonuses For Execs While Crying For Bailout Help
http://www.citynews.ca/news/news_27678.aspx
AIG Cancels Seaside Resort After Close Media Scrutiny
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=10121640&ch=4226713&src=news
Whole new vocabulary has resulted from the fraud, waste and abuse by corporate America on top of the obscene salaries from the executive staff. See below:
NEW STOCK MARKET TERMS
CEO —Chief Embezzlement Officer.
CFO— Corporate Fraud Officer.
BULL MARKET — A random market movement causing an investor to
mistake himself for a financial genius.
BEAR MARKET — A 6 to 18 month period when the kids get no
allowance, the wife gets no jewelry, and the husband gets no sex.
VALUE INVESTING — The art of buying low and selling lower.
P/E RATIO — The percentage of investors wetting their pants
as the market keeps crashing.
BROKER — What my broker has made me.
STANDARD & POOR — Your life in a nutshell.
STOCK ANALYST — Idiot who just downgraded your stock.
STOCK SPLIT — When your ex-wife and her lawyer split your
assets equally between themselves.
FINANCIAL PLANNER — A guy whose phone has been disconnected.
MARKET CORRECTION — The day after you buy stocks.
CASH FLOW— The movement your money makes as it disappears
down the toilet.
YAHOO — What you yell after selling it to some poor sucker
for $240 per share.
WINDOWS — What you jump out of when you’re the sucker who
bought Yahoo @ $240 per share.
INSTITUTIONAL INVESTOR — Past year investor who’s now locked
up in a nuthouse.
PROFIT — An archaic word no longer in use.
AND PEOPLE WONDER WHY THE TAXPAYERS ARE UPSET OVER THE BAILOUT? Sheesh!
“Faced with what was described as the most serious financial crisis in perhaps a century, and with our elected representatives supposedly recognizing and believing that to be true, they wouldn’t act to avert the crisis unless they got a little something extra for their lobbyist buddies and special interest cronies. They would not fulfill their sworn duties without getting a little payoff. “
I have to say that this is what made my mouth hang open.
When they didn’t vote in the 700billion plan, I thought “Finally, someone in office has some cajones and sees how ridiculous this is!”
Imagine my surprise when it goes through “fixed” by adding ONE HUNDRED FIFTY BILLION DOLLARS to it.
I felt sick to my stomach.
Killing the bailout (which it ISN’T) will cost your your job/house/401k...let the people do their work.
The world monetary markets need as much stablity as possible...they do not need the US to try a “do-over” in the midst of a crisis.
An economic problem?? My God! If the government moves fast it's just guaranteed to make the problem worse. I cannot accept the fact that hurriedly throwing $850B on an economic crisis (which no one can claim to truly understand) is a good idea.
This was snake oil from beginning to end.
Investigate, Indict, Prosecute and SEND TO PRISON all who are guilty involved in any aspect of this disaster, whether making the loans, benefiting from the loans, CEOs, politician or private citizen.
And in the end, it shall be totally ineffectual, more “throwing money at the problem”.
Who demanded “sub-prime” mortgages? Who protected the interests in these “sub-prime” mortgages? Who forced banks to underwrite these loans? Wh0 forced Freddie Mac-Fannie Mae to take and bundle these loans in the secondary market, creating the “bundles” with the poisoned and non-performing loans? Who ran to the Federal Government for a bailout, sending in people with their hair on fire, to plead for the government takeover and regulation?
Yeah, right. No pressure.
It has been a pretty cozy ride up to now.
Franklin Raines. Jim Johnson. Chris Dodd. Barney Frank. The litany of names is actually much longer, but these are the stars. Their names should be chanted over and over.
Two words: A CORN
Indeed! Prosecute the guilty to the full extent of the law!
>Two words: A CORN
A better two words: JAIL TIME
Can the states call the congressmen home?
Didn’t some states do that just before the war between the states?
You betcha we’re furious about the bailout. A neighbor of mine put it best:
“Those of us who’ve lived within our means, paid our mortgages even when difficult, saved for our children’s education and our retirement have done everything we, as responsible adults, were supposed to do. WE DIDN’T EAT THE APPLE, but we’re being punished for the excess of others.”
I fit that profile. I vote. And I AM LIVID.
Thank you for the link!
Thank you!
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