View Poll Results: Do you approve of using your tax dollars to bail out corporations?
- 71. You may not vote on this poll
09-21-2008, 10:13 AM #1
- Join Date
- Jul 2008
That's a lot.
09-21-2008, 10:17 AM #2
- Join Date
- Jul 2008
Treasury Secretary Henry Paulson confirmed the change on ABC's "This Week," telling George Stephanopoulos that coverage of foreign-based banks is "a distinction without a difference to the American people."
09-21-2008, 10:46 AM #3
whats all this i hear that Foreign banks that have a heavy presense in the US will qualify for bailout?
09-21-2008, 10:47 AM #4
i guess we are in a pile of it. now... the Govt had no choice as i see it. you can't have banks fail... it will cause a chain reaction that we might not be able to recover from.
09-21-2008, 12:14 PM #5
- Join Date
- Jan 2007
- Lakeland, FL
These are the owners of the Federal Reserve:
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
Yes, the "Federal" Reserve is a private, mostly foreign-owned institution who controls our money. They hijacked America in 1913, and have been stealing America's wealth ever since. These latest publicized robberies are nothing new to them. Look around at the poverty and petty crime in America. Now look up the owners of the above list for those responsible.
One thing is for sure, hard times are on the way. If there is a choice in the matter, that hardship will be either continued enslavement by this system, along with the tyranny that will be enforced through a larger and stricter federal governement, or the hardship of the complete collapse of this money system, hopefully to rebuild a more Constitutionally-correct system.
09-21-2008, 01:14 PM #6
Thanks for the reply.
I will look into this.. this was quite informative. I always like to know where my Money is going... i guess now i have a clear idea.
09-21-2008, 06:03 PM #7
- Join Date
- Aug 2006
- Gonzales, La
+1 for VX1.
Also, I think it's screwed up that the government (read "me and you") have to pay to bail out banks for taking too much risk.
When we go to the casino and blow all our money on high risk, high return "investments", the government doesn't bail us out. Er. . . I guess they do in the form of welfare. Ugh.
09-22-2008, 04:12 PM #8
This is illegal and should be stopped at any and all costs. It's not going to help those americans with the bad mortgages, it's going to remove the debt off the books of those banks and transfer it to the american people, tax payers. This is the savings and loan bullshit from daddy bush on a much larger scale.
09-23-2008, 12:34 PM #9
My Ex GF used to work for ameriquest.... The woman never Graduated HS- but she had friends who works there and got her in. these Kids(i say that because most of them were not over 30 yet at the time) made over 100k a year.. with the smartest one of them all whom had an BS.
The thing was they could sell... My Ex could talk you into anything you did not need. and before you knew it you had a whopping morgage that you knew damn well you could not afford. they preyed on folks who had crappy Credit but still wanted to live in the nicest part of town and in the biggest house- dont forget the SUV in the driveway and the Bimmer next to it.
All you needed to know how to do was Sell... or to the rest of us LIE! I went shoppig with them one day.. women... i saw money flying out of their hands like it wasn't theirs.. there was always more.. cash Bonuses of 10K OR MORE.. $700 for Aligator Boots,$300 for a belt.. all this and lots more... I could go on..
I guess we have to bail them out now... I guess it's a crappy business but think if the Govt were NOT to bail them out...
What would happen then?
09-23-2008, 12:58 PM #10
this would be a short term problem. LET THEM FAIL!
Overall when it's done the US will be in Better shape.
take a look at your 401k YOU the TAX payer already lost your money.
this bail out is to save the RICH ONLY.
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