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Archive for November, 2008

How fast would this bailout fail if Congress included the following provision?

Icon Written by admin on November 30, 2008 – 8:51 am

“This bailout must be paid first by the CEOs of each corporation that is funded by the same up to 100% of their net worth. Next, the bailout must be fully funded by taxpayers within 1 calendar year to avoid unnecessary added interest on our already exorbinant national debt.”
Faster than you can say, CEO!

[...]



After the Wall Street bailout, how can Senator Obama enact any of his plans?

Icon Written by admin on November 30, 2008 – 8:51 am

Between the AIG bailout, and the 700 billion dollar one… where is the money to pay for universal healthcare or any of his other ambitious (and costly) plans?
**I understand elections are coming up in a few weeks, but please, keep it civil. Thanks!**
Absolutely not. Raising taxes at this time, especially on businesses, would be [...]



What does the bailout mean for average Joe’s like us?

Icon Written by admin on November 30, 2008 – 8:51 am

Just wondering. I hear all the hype about the bailout for wall street, but what does this significantly mean for us average joes? The working class, the stay at home moms, the ones struggling with our mortgage payments?
Is there any relief for us in the future? Or will the gov’t continue to [...]



Will this bailout make it easier to file personal bankruptcy?

Icon Written by admin on November 30, 2008 – 8:51 am

If the US treasury begins to hold our debt and not banks or financial institutions, will that make it easier to declare bankruptcy?
First, the details of the bailout haven’t been hammered out yet.
Second, the bailout is specifically dealing with bad mortgages banks are stuck with. It is’t including consumer credit card and personal loans. [...]



Regarding bush’s bailout demand, how did Paulson arrive at the $700 billion figure?

Icon Written by admin on November 30, 2008 – 8:51 am

http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
I think your quote says it all. Revolt, tell [...]



Bailout Scam: BEND OVER AMERICA – SWINDLE OF A CENTURY

Icon Written by admin on November 29, 2008 – 12:37 pm

This is why the financial institutions OWN OUR LEADERS AND US.
CALL AND EMAIL YOUR LOCAL CONGRESS REP TODAY AND SAY NAY ON THE BAILOUT
http://www.govtrack.us/congress/findyourreps.xpd
GET READY TO BEND OVER AMERICA!
The bill was drafted as 3 pages. In just a few days it is now 400 pages. Why such fear and urgency? Because it’s a swindle. The [...]



No Bailout ! “They Will Kill You !

Icon Written by admin on November 29, 2008 – 12:37 pm

LaRouche: No Bailout ! “They Will Kill You !
What the Americans will do to those, who try to push a dictatorship down their throats.
Duration : 0:5:42

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J-C Trichet – ECB: no US-style bailout plan for Europe

Icon Written by admin on November 29, 2008 – 12:37 pm

THE TALK OF PARIS (part 2): European Central Bank president Jean-Claude Trichet tells FRANCE 24 that Europe needs to find its own solutions, and that to follow the US example would be naïve.
Duration : 0:17:50

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Is Treasury Using Bailout Funds to Prevent Foreclosures?

Icon Written by admin on November 29, 2008 – 12:37 pm

On November 12, Treasury Secretary Henry Paulson announced that Troubled et Relief Program would not acquire mortgage-related ets. In light of this significant change in TARPs mission, the Committee on Oversight held a hearing to determine whether the Treasury was using bailout funds to increase foreclosure prevention, as Congress intended.
Duration : 0:1:26

addthis_url [...]



Paulson: BAIL OUT? WE don’t want your stinking BAIL OUT!!!

Icon Written by admin on November 29, 2008 – 12:37 pm

Moral hazard? Pitchfork moment. GET PAULSON, PELOSI, et. al. OUT OF OFFICE.
Duration : 0:9:52

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