BeFree
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 10:11 AM
Original message |
Bailout The American Government: We Bailed Out The Banks |
|
We can surely vote to bailout our own government, right?
Less than 3 years ago, congress voted to bailout the banks. $16 Trillion dollars worth of bailout.
Is the US government is worth less than the banks? Sure seems the congress thinks so.
|
leveymg
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 10:33 AM
Response to Original message |
1. That bailout, "QE2", was managed in secret by the Federal Reserve. The Fed can do it again. |
|
There's no need for the President to invoke the 14th Amendment. The Fed is an independent body not under the control of either the Exec. or the Legislative branch. This sort of political/economic crisis is exactly what the Fed was set up to deal with and to continue funding the U.S. Gov't and the nation's essential economic institutions.
|
BeFree
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 10:50 AM
Response to Reply #1 |
|
All this brouhaha is just theater meant to entertain and distract us? And Obama is just playing his part and in the end Ob and Bener will sit down & have a good laugh?
We're just being had? You mean all these people wringing their hands are being played for fools?
|
Morizovich
(196 posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 10:54 AM
Response to Original message |
|
Dontcha know? The banks are the government!
|
BeFree
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 11:11 AM
Response to Reply #3 |
4. We, the bankers, in order to form a more perfect union.. |
|
Do hereby claim and declare to the lord gawd our dollar That E. Pluribus Unum, now means screw the people.
I shoulda been a banker. If I had it to do all over again, I'd a been a banker.
|
banned from Kos
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 11:29 AM
Response to Original message |
5. that $16 trillion is completely bogus as has been pointed out many times |
|
here. But you may believe it if you wish.
|
BeFree
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Jul-29-11 12:09 PM
Response to Reply #5 |
|
So, point. Point it out with a link or something.
I remember the bailouts. Its what saved us from the last republican shenanigans.
They can do it again.
|
DU
AdBot (1000+ posts) |
Thu May 02nd 2024, 05:24 PM
Response to Original message |