WARNING: Bush-Democrat Congress Wall Street bailout to benefit FOREIGN BANKS NOW!!!! (McCain, companies)

[Fun2Day]

Lou Dobbs is reporting that:

The government’s $700 billion rescue plan for our failing
financial markets has grown to include foreign banks operating
in the United States too.

Over the weekend, foreign banks emphasized their importance and influence in the U.S. banking system to make sure they get a piece of the pie, and our government, burnishing the negotiating skills of a three-year-old, capitulated to their every demand. Why are U.S. taxpayers bailing out foreign companies?


I think it's time the American peolpe mobilize and call Congress vote against the bailout!!! US taxpayers should NOT bailout ANY banks, much less foreign banks!!!!

[ViewFromThePeak]

But if we don't bail them out, they won't buy our junk Treasuries and keep the Ponzi scheme going a little while longer. Then we'll have meltdown and have to resort to eating each other's flesh. At least, that's the message I'm getting from comrade commissar Paulson.

[brassbin]

but why couldn't we just not pay them, i mean we can just declare a country has a bomb and send troops there and beat the **** out of them, not that i think that's entirely ok, but it just seems to me not paying debt is much much more polite...?

[AksarbeN]

This problem didn’t happen overnight, and the dem’s didn’t have control of congress for a long time. Seems that there is plenty of failures on everyone’s watch, however the republicans have their best man working on this Phil Gramm who removed the oversight monitoring and deregulated the industry and now he’s one of McCain’s advisers now. George had a chance to listen to advisers for nearly 8 years and did nothing about the monitoring of the banking industry, NOTHING. Guess we should ask them to fix what they broke! Call this “trickle down economics” started twenty some years ago without control in a deregulated industry. “Corporate Welfare” at it’s best!

Privatizing the profits, socializing the losses.