#188471 - 09/25/08 06:15 AM
May the money floodgates open wide
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Registered: 01/16/08
Posts: 885
Loc: Iowa
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The who bailout situation begins to resemble the pre WWII Germany in 1920. http://www.nowandfutures.com/us_weimar.html Notice the stock market Indexes ended up going up .... and up... and up... until in January 1923 it rose from 21,400 to 26,890,000. And somehow these people were not jumping for joy. There was an overwhelming feeling of "oops". The current bailout is nothing short of dumping a whole lot of money to pay for the current debts of people at risk. Now we are hearing that 700 billion is just an arbitrary number, and it could potentially be measured in trillions, as the bailout comes with nicely packaged laws that would allow the Treasury to borrow the money as it deems right, and that would allow the Federal Reserve to control the management of large corporations. It's interesting to point out that Fascism followed the economic failures of Germany. People were in shock and were enveloped in propaganda. They believed and blamed whoever they were told to blame... the terrorist Communists who burned down the Reichstag... whoever. Lenin once stated that you can bring any nation to its knees by debauchery of nation's currency. Image is worth a thousand words... 
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#188519 - 09/25/08 03:42 PM
Re: May the money floodgates open wide
[Re: fccool]
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Swiss n Swedish American
Registered: 12/09/06
Posts: 9099
Loc: A citizen of Heaven
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The current bailout is nothing short of dumping a whole lot of money to pay for the current debts of people at risk. Hmmm. That's not what I am hearing on Fox. On Fox they are trying to debate what to do with the profits the American public will receive from the bail out. Most of the 'assets' will come home to prosper.
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Love WON Another.
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#188525 - 09/25/08 04:20 PM
Re: May the money floodgates open wide
[Re: Redwood]
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Registered: 01/16/08
Posts: 885
Loc: Iowa
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Fox News should be officially named... the Government PR network.
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#188545 - 09/25/08 05:47 PM
Re: May the money floodgates open wide
[Re: fccool]
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Today, I ain't for sale. Check back tomorrow.
Registered: 08/10/00
Posts: 13254
Loc: Ca., Id, Wa., Or. or somewhere...
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Fox News should be officially named... the Government PR network. That's "Republican Government PR Network"!
_________________________
Democracy is a device that ensures we shall be governed no better than we deserve.
George Bernard Shaw
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#188555 - 09/25/08 06:24 PM
Re: May the money floodgates open wide
[Re: Shane]
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Swiss n Swedish American
Registered: 12/09/06
Posts: 9099
Loc: A citizen of Heaven
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What should MSNBC be named? SICK.
_________________________
Another one of Woodies Goodies
Love WON Another.
Redwood the tree
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#188856 - 09/27/08 12:11 AM
Re: May the money floodgates open wide
[Re: fccool]
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Public Nuisance
Registered: 08/03/02
Posts: 2945
Loc: On the outside, looking in
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Here's the "Sydney Morning Herald" editorial's view on the bailout: George Bush was unable to help the hurricane-battered poor of New Orleans but somehow he's located a spare trillion dollars for his distressed friends on Wall Street. It's a rescue package for bankers - dropped from the skies above Manhattan. You wonder what's in it. Bespoke suits? Stripy shirts with white collars? Braces?
The bankers have been thrilled to receive the help. Offered a trillion dollars of other people's money, they find themselves instant converts to the world of socialism and government assistance. All that talk about the free market; all that sneering about central government: that is sooo last month. Welcome to the Wall Street branch of the People's Collective for Distressed Bankers. It's like watching an atheist on his death bed begging for a Bible; you half expect the bankers to sing The Red Flag at the start of each day's trade.
_________________________
www.asrc.org.au (Asylum Seeker Resource Centre, Melbourne) Helping over 2000 refugees & asylum seekers each month “Man’s mind stretched to a new idea never goes back to its original dimensions.” — Oliver Wendell Holmes
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#188859 - 09/27/08 01:06 AM
Re: May the money floodgates open wide
[Re: aldona]
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Swiss n Swedish American
Registered: 12/09/06
Posts: 9099
Loc: A citizen of Heaven
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Not exatly true. The poor hurricane battered people of New Orleans refused the help of GWB. It was their mayor and governor who told the FEDS to back off. They have since learned of their mistake ... but GWB remains the villan.
_________________________
Another one of Woodies Goodies
Love WON Another.
Redwood the tree
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#188883 - 09/27/08 02:50 AM
Re: May the money floodgates open wide
[Re: Shane]
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Registered: 03/22/05
Posts: 1681
Loc: Texas
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Never mind preparation/evacuation. They were terrible at coming in after the event. And it wasn't much better after Ike.
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