OT - Is there a citizen backlash coming for congress passing 700 Billion $ Bailout? - Page 2

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by Preston on 05 October 2008 - 05:10

Before the bailout was passed, Rep De Fazio from Oregon stated that it was China putting the real pressure on our administration to pass this bailout and therefore stand behind their bad US paper, that China threatened us in regard to this.  He stated that Paulson is a speculator, a wall street crony and not an expert in the overall economy (Paulson is not an a economist but a stockbrocker investment salesman that worked his way up the food chain.

http://www.infowars.com/?p=5056

 


by Preston on 05 October 2008 - 05:10

When folks find out how our senators were paid off to vote for the bailout (ie bank takeover bill) they will likely be very angry.  Here are the totals paid:

http://www.infowars.com/?p=5055

 


by Preston on 05 October 2008 - 05:10

Rep. Ron Paul thinks the Bailout will produce a long depression:

http://www.prisonplanet.com/youre-going-to-guarantee-a-depression-ron-paul.html

 


BabyEagle4U

by BabyEagle4U on 05 October 2008 - 13:10


Schiff and Leeb CNN 10-4-08
Part 1  http://www.youtube.com/watch?v=w2MYr1GcszY
Part 2  http://www.youtube.com/watch?v=eMN5POiY0Ec
 
Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL
 
I agree with RatPackKing, Jimmy Carter 1977 to 1981 and the Democrats passed the Community Reinvestment Act .. that's what started all these incentives to low income borrowers, who they knew couldn't pay on a 200,000 dollar home. That's how it was setup. Only the low income borrowers did a good job paying off their mortgages till 1995. Till Clinton changes all this in 1995 to new subprime authorizations. That screwed the low income people who did manage to pay off their mortgages and own a home.. Clinton noticed how well low income people could pay off mortgages and well had to change it.
 
The reality of all this is ... people need to eat. Think food storage as an "insurance" on your life.
 
 
 

by GSDforSale on 05 October 2008 - 20:10

anyone have a list of  all the added and ridiculous inclusions in this bailout?

they just add insult to  injury!

Think all those who were involved in writing and voting on this need to be fired! ASAP!

We've been skunked, big time!


by Preston on 05 October 2008 - 21:10

You won't find a detailed list because it doesn't exists.  All payouts and buys are solely at the discretion of the sec. of the treasury.  Since before he was appointed to sec. of the treasury he was CEO of goldman sachs where he owns approx 600 million dollars of stock.  Of course you can be sure this will be one of the very first banks he bolsters.  Interesting to note that the sec. is not an economist and not qualified to respond to our current economic meltdown.  Rumor was that lehman bros was allowed to crash because hugo chavez held a lot of its bad paper. 


by Preston on 05 October 2008 - 21:10

Critical derivative related auctions coming up soon:

http://www.ft.com/cms/s/0/6beabcdc-8f51-11dd-946c-0000779fd18c.html?nclick_check=1

 


by Preston on 05 October 2008 - 22:10

Here is a list of the criminals and traitors that voted for the Bailout, and the heroes that voted against it.  Please don't ever vote for any politician that vioted this in--vote those who did such out.

http://clerk.house.gov/evs/2008/roll681.xml

 http://www.seektress.com/realrep.htm

 


by Preston on 05 October 2008 - 22:10

New attention now being directed toward Rep. Ron Pauls bill to get rid of the private federal reserve banking system. The private federakl reserve bank (a private corporation, no more federal than federal express--incorporated in Delaware in 1913) is the root of the current economic meltdown in the USA.

http://www.prisonplanet.com/populists-back-ron-paul%e2%80%99s-plan-to-kill-the-fed.html

 


by Preston on 05 October 2008 - 22:10

By the time boosch leaves office (if he actually does at all), there will be a 10 trillion dollar dudget deficit.  If my arithmetic is accurate, that means about $30,000 for every man, woman and child in the USA, or translated that means the average US household of four owes the federal reserve banksters $120,000 in addition to their regular debts.  And this does not include all the unfunded liabilities such as medicare, social security and welfare.  This seems to be an insurmountable debtload.  Our only hope is to nationalize the fed, lower the interest rates at which we issue our own money to ourselves, and pay ourselves that interest, and lastly to take back control over the secret, hidden CAFTE funds that walter burien discovered exist that are owned by every citizen, accumulated from their taxes paid and secretly invested by each city and state.

http://www.prisonplanet.com/george-w-bush%e2%80%99s-legacy-a-10-trillion-national-debt.html

 






 


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