View Full Version : Paulson says foreign banks can use U.S. rescue plan
drmaul
September 21st, 2008, 09:49 AM
http://www.reuters.com/article/ousiv/idUSN2148303920080921
:announce "If you have money problems, come see the average tax payer while they still have a job."
The Learner
September 21st, 2008, 06:26 PM
This is just further proof that this bailout has everything to do with helping out the financial elite, and nothing to do with helping the people.
Paulson really does belong in prison, as does Greenspan, Bernake, and any of our elected representatives who support this abomination of a bill.
Is it still considered a conspiracy theory when it gets this blatant?
BornAgain123
September 21st, 2008, 06:30 PM
This is just further proof that this bailout has everything to do with helping out the financial elite, and nothing to do with helping the people.
Paulson really does belong in prison, as does Greenspan, Bernake, and any of our elected representatives who support this abomination of a bill.
Is it still considered a conspiracy theory when it gets this blatant?
My grudge with conspiracy theorists is that they waste hours researching these things, when all they do is look at millions of minor details, while spinning wheels. For example, if you google "9/11 conspiracies", you'll find at least 1000 different points of views.
Pt being that Groucho Marx once said, "You can either believe me, or your own two eyes". IOW-it doesn't take a rocket science to figure out a rat is running around the room. And we would just leave it at that.
As for this crisis we're going through, it's as if they're putting one bandaid on top of another-it's not going to last.
The Learner
September 21st, 2008, 06:53 PM
My grudge with conspiracy theorists is that they waste hours researching these things, when all they do is look at millions of minor details, while spinning wheels. For example, if you google "9/11 conspiracies", you'll find at least 1000 different points of views.
Pt being that Groucho Marx once said, "You can either believe me, or your own two eyes". IOW-it doesn't take a rocket science to figure out a rat is running around the room. And we would just leave it at that.
As for this crisis we're going through, it's as if they're putting one bandaid on top of another-it's not going to last.
I don't think it is fair to begrudge someone for using their time to do what they wish with it. It would be equally unfair for someone to say: "Boy what really gets me about Christians is all the time they waste reading the Bible and going to church".
But I digress. My point is that for years now people have been saying that the financial elite are pulling the strings of government, and that we the people are not being adequately represented. This bailout is just glaring proof of that.
Do you want this to happen? Do you know anyone who wants this to happen? Yet as sure as I am sitting behind this computer we this bailout is going to happen.
Biblenuggetlady
September 21st, 2008, 06:57 PM
http://tbn0.google.com/images?q=tbn:hYDG6rYLnZZp9M:http://growabrain.typepad.com/photos/uncategorized/printing_money.jpg
The US Rescue Pan, order yours now for only $19.95, but don't act yet, get a free ream of paper with your order...and the first 12 callers also get a rubber stamp that reads, Paid In Full. Call 1-800-FOO-LISH now, operators are standing by.
The Learner
September 21st, 2008, 07:02 PM
http://tbn0.google.com/images?q=tbn:hYDG6rYLnZZp9M:http://growabrain.typepad.com/photos/uncategorized/printing_money.jpg
The US Rescue Pan, order yours now for only $19.95, but don't act yet, get a free ream of paper with your order...and the first 12 callers also get a rubber stamp that reads, Paid In Full. Call 1-800-FOO-LISH now, operators are standing by.
This would be funny if it weren't so true.
Soon enough money printed from a home computer will be worth as much as money printed by the Federal Reserve.
Pudding
September 21st, 2008, 07:04 PM
http://tbn0.google.com/images?q=tbn:hYDG6rYLnZZp9M:http://growabrain.typepad.com/photos/uncategorized/printing_money.jpg
The US Rescue Pan, order yours now for only $19.95, but don't act yet, get a free ream of paper with your order...and the first 12 callers also get a rubber stamp that reads, Paid In Full. Call 1-800-FOO-LISH now, operators are standing by.
:lol2
lmenningen
September 21st, 2008, 09:52 PM
This is just further proof that this bailout has everything to do with helping out the financial elite, and nothing to do with helping the people.You fail to realize that when XYZ Corp wants to build a $4B plant in Ohio, they need loans. This is the very money that funds these loans.
drmaul
September 21st, 2008, 11:08 PM
You fail to realize that when XYZ Corp wants to build a $4B plant in Ohio, they need loans. This is the very money that funds these loans.
The Fed isn't talking about NEW loans only bailouts of loans that are illiquid which is over 700 billion dollars and climbing. What will happen to XYZ Corp is they will be unable to secure a loan because the money supply is wiped out! Something from nothing is nothing and tangible assest can't sell if no one has any money.:doh
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