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Topic started by MissingMass on 13 Jan 2009, 15:16:24
MissingMass
Senior Member
United States
Posts: 505
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13 Jan 2009, 15:16:24
 
The 'US' Taxpayers 'Coughed Up' $700 Billion, and Those 'In-the-Know,' Mostly Aren't 'Talking'
A 'Caissa' poster's, Editorial; {IE. Not, copy & pasted, from some other source; Though I don't doubt that other 'bloggers,' etc., on the 'Web,' feel similarly!}.
 
 
That is, specifically; As the "CBS Evening News," disclosed last night; Why the 'bailout money,' wasn't used to 'buy up,' 'bad' mortgages, and 'loan' money, {as promised}; But has since been used by some 'Big' banks, to buy up, 'smaller' banks!?
 
You've heard the saying; "Power corrupts; And 'absolute' power, corrupts absolutely." -- Well, one-to-two years from now; Assuming 'FBI' investigations are ever 'launched'; It seems like 'a given,' that there was the most ma$$ive fraud in history committed; Only by then, it will be more than a 'hunch,' by some!
 
Besides Not spending the $350 'B.' {of the total $700 B.} for the purpose it was 'promised'; I like to think, that it has occurred to others, with the means to pursue this matter, in the courts; That literally handing out, $350 billion, to a few chosen 'Big banks,' to buy up, 'smaller' banks; Is also an excellent {accounting} subterfuge, to 'launder' signifigant sums, of that {mostly spent}, $350 billion!
That Pres.-elect 'Obama,' wants to spend the remaining $350 billion, allegedly, to 'shore up' our dismal economy; When the first half 'installment' was of little effect; Should be, {but isn't yet}, a widely-perceived, 'Bad Joke'; About to become.. roughly, twice as worse!!
SnoopDog176
Senior Member
Occupied Palestinian Territory
Posts: 918
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13 Jan 2009, 18:40:37
 
Re: The 'US' Taxpayers 'Coughed Up' $700 Billion, and Those 'In-the-Know,' Mostly Aren't 'Talking'

Why do you think it a given that the FBI investigates when the people that would normally call out the FBI are themselves, guilty parties?
 
the leaders in this country can do anything they want, just like any other corrupt regime in the history of the world.
 
There really isn't much difference between them and the mafia, really.
 
The new kid on the block, Obama,,, saying that America should settle in to Trillion $$ deficits over the next few years. Wonderful!
 
This is like the head-of-household that is in such deep debt to credit card co.'s, that he thinks the best way to avoid the pain of his overburdensome debt, is to go out and borrow his way out of it - for the forseeable future. b-hole.
 
One pharse these power pigs never heard of.,,... "CUT SPENDING".
 
all americans suffer with a bad economy and all Obama and all the power pigs can think of is how to have the GOVERNMENT avoid pain, screw the sheeple.