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Old 10-06-2011, 08:35 AM
 
Location: San Diego California
6,797 posts, read 6,626,572 times
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Robert Reich (Follow the Money: Behind Europe's Debt Crisis Lurks Another Giant Bailout of Wall Street)

With protesters filling Wall St., it seems surreal that we could possibly give the wealthy bankers another taxpayer paid bail out, right?
Well according to Washington insider Robert Reich, that is exactly what will happen when Greece defaults.
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Old 10-06-2011, 08:55 AM
 
2,515 posts, read 1,819,085 times
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So keep Greece from defaulting. Hmm what needs to be done. They need to be saving enough money to buy there own debt. I say if they instigate a savings plan that will cover there deficit then we give them a handout to keep the people afloat until the economy picks up. Well let them sink who will bail us out?
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Old 10-06-2011, 09:43 AM
 
19,337 posts, read 16,935,945 times
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Quote:
Originally Posted by jimhcom View Post
Robert Reich (Follow the Money: Behind Europe's Debt Crisis Lurks Another Giant Bailout of Wall Street)

With protesters filling Wall St., it seems surreal that we could possibly give the wealthy bankers another taxpayer paid bail out, right?
Well according to Washington insider Robert Reich, that is exactly what will happen when Greece defaults.
Hi jimhcom

Of course, Wall Street bought Greek debt. Its nothing new. Why do you think we got into WWI? Wall Street was sitting on the allied debt of France and Britain. Once the US declared war, the US tax payer financed the allies which then bailed out Wall Street. But history is so boring...Well, if it is, why repeat it?
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Old 10-06-2011, 09:53 AM
 
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Repeat, Repeat, Repeat....


WWIII is already in the play book.

The defenses are being put in place for nuclear war.
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