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WASHINGTON (Sept. 18) - The Bush administration asked lawmakers Thursday for the power to rescue banks by buying distressed assets that lie at the heart of the financial system's crisis.
The Democrats jumped right on it and said "Yes, we can!".... They forget to mention that it will cost TRILLIONS of dollars... why are Democrats trying to bailout the wealthy? According to a lot Democratic voters, each bailout was helping the "fat cats" and arranged by the GOP.... The Democrats jumped immediately to a tune of SEVERAL trillions dollars to help stockholders and "fat cats"... unbelievable...
The Democrats jumped right on it and said "Yes, we can!".... They forget to mention that it will cost TRILLIONS of dollars... why are Democrats trying to bailout the wealthy? According to a lot Democratic voters, each bailout was helping the "fat cats" and arranged by the GOP.... The Democrats jumped immediately to a tune of SEVERAL trillions dollars to help stockholders and "fat cats"... unbelievable...
Maybe the Dems(and Repubs) intend to hand all those assets over to the Chinese to satisfy our debt.........
It will be worse, much worse by the end of the year.
As far as bailing out the wealthy, many of the "well to do" that I deal with, are running scared right now. Wealth is a relative term, and many that you or I would consider wealthy are finding that they are in pretty dire straits right now.
While true wealth can purchase "influence", IF used correctly. Many have not been so prudent. When it all hits the fan(as it is doing now) the "wealthy" will be swept away along with the rest of us. The "Influential" will survive....
I am so ashamed of America. We borrow a trillion to bail out bankers, but couldn't find 10 or 20 billion to help people who lost their jobs or their homes or their health. I'm so ashamed of the American people who said "it's their own fault". Not about the bankers, but about the poor people who can't get by week to week. The poor people who, if they ever get back on their feet, will pay the bill, plus iontrest, for the bank bailouts.
I am so terribly, terribly ashamed of America.
NOTE: You don't have to hate somebody to be ashamed of them.
I am so ashamed of America. We borrow a trillion to bail out bankers, but couldn't find 10 or 20 billion to help people who lost their jobs or their homes or their health. I'm so ashamed of the American people who said "it's their own fault". Not about the bankers, but about the poor people who can't get by week to week. The poor people who, if they ever get back on their feet, will pay the bill, plus iontrest, for the bank bailouts.
I am so terribly, terribly ashamed of America.
I am ashamed of our elected officials, both sides of the isle. So by extension, it is the fault of the American people. Socialism doesnt work for the individuals that have to foot the bill. But apparently socialism is just fine for the "big business" that made their trillions off of the little guy. Are(some of) the reasons for a possible civil war, becoming more clear?.......
It's looking more and more, like it could happen here......
If somebody had told you that the government would borrow (from China?) a trillion dollars ($10,000 per household) to blow on a bailout for a few people who have been irresponsibly greedy, but the President would not be anywhere to be seen and not asked a single question, would you have ever believed it?
No, but this, and the whacked out posts such as the famous LAPD77 scenario, is why I am beginning to believe that there is more going on than meets the eye at face value.
Somewhere between the observable reality, and the tinfoilhat rants, lies the whole story. We're only getting a few pieces of the puzzle.....Someone needs to level with us.
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