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09-25-2008, 08:39 PM | #26 | |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Hi Trippin Ninja,
Yes, you're absolutely right. The original draft said that. However we must assume that somebody noticed the small print and has sorted that out, for example it's been reported of an agreement to free the funds stage by stage as opposed to all at once. One of the things that people need to be aware of is that there will/needs to be a retraction of the credit market after the bail out plan is put into place. You can't bail out a company buying bad loans, just for these companies to return making bad loans. Tere needs to be new restrictions as to who can receive a loan from their bank or mortgage company, wich makes credit harder to get, and consequently less credit available, thus the market should shrink which will hit the bottom line of these big companies. The government needs to think about what these companies will do once their bottom line goes south. Are they wanting this bail out to take the money and run or are they wanting the bail out to sound out their books and learn to work with less money? Either wy, the American taxpayer will foot the bill for the bail out, many taxpayers will not be able to get credit once the bail out happens and nobody knows if they will have to re-bail out any companies because of the shrinking market? It's a risky thing to do. Once you leave the flood gates ajar... Best regards, Steve Quote:
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09-25-2008, 08:46 PM | #27 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
http://www.youtube.com/watch?v=D2aNK86nL0M
great interveiw .. the other parts are on jonses you tube channel |
09-26-2008, 01:05 AM | #28 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
I had a dream last night that an entity (hologram?) appeared before the Congress. It spoke to all in the House of their disappointment in the direction that mankind had taken. The greed, corruption alone within the House was disturbing. It gave them an ultimatum, they could choose to redirect this path and survive by following the steps provided by the entity; if they did not, then mankind’s destruction would be certain. It said to those who think an underground base will protect them from this destruction, it will not. I believe I chose to dream this because I am praying that Congress make the right decision regarding the Wall Street Bailout.
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09-26-2008, 01:50 AM | #29 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
tacodog-
The question is who is the entity. Does he/she really exist?? I am starting to doubt that Obama has any kind of backbone to stand up against the establishment. He has not even stood up against his parties support of the bailout plan. ********* may WISDOM guide COMPASSION "out of MANY, we are ONE" |
09-26-2008, 02:42 AM | #30 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Hi, as an 18 year old with a very rudimentary understanding of economics and politics, i am struggling to grasp the conflicting viewpoints on the bailout plan.
basically, my main questions are: the main opposition to the plan seems to center on the carte blanche it would grant paulson to intervene in the economy, but in the current circumstances, could such powers not be necessary? and besides the bailout plan, are there any feasible alternative plans that can be pursued? i hope someone could help explain these to me |
09-26-2008, 08:30 AM | #31 | |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Hi skagandboneman,
One of the most interesting alternatives in the bail out plan came from a Latin American immigrant of the US. His idea was to instead of buying all the rotten laons for above price cost, use the same money to giva out as a rebate so that te people who are behind in their payments can get up to date. That way the big companies won't make a profit from these bad debts. Last night JP Morgan made an offer for WAMU knowing it will profit from the bad debts, as the goverment bail out plan that was offered allows the government to buy these bad debts at over the top prices. Do you see how the big boys are already trying to scam the American people? Because it will be YOU footing the bill to put money into JPs' pocket. Best regards, Steve Quote:
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09-26-2008, 09:39 AM | #32 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
I am a brand-new Dutch member of this forum. [Please forgive me "broken English"]
I was medical scientist [cancer-researcher] and condamned by the medical society already in 1985 after finding the origin of the uncontrolled proliferation of cells, which slowly exhaust our body. Perhaps it's too absurd for words, but cancer is a natural reactive mechanism in order to survive. The basic origin of this strange disease is "recycling of internal wast" owing to malfunctioning of one of the organs. This function is taken over by another organ, owing to which it's recieving more nutrients and increase mitosis. Looking at our worldsociety at that time it theatend me, because all aspects of cancer were present. Isn't it a general saying that our society is a cancerous one? What are the interventions in Irak, Afganisthan and other countries more than making metastases? Strange enough cancer was perfectly described in the doctrine of acupuncture and/or the pentagram of life, which stated that all cycles in the Universe are equal ones. Cancer was said to be "the phase of turning back the cycle" or "recycling". Without going deeper in detail now about cancer and our cancerous worldsociety related to all cosmic cycles, I can only say that like in cancer the nutricional deficit is increasing during time exactly the same can be seen in economy.[nutrients of the economy is money] In other words: This economic crisis is a crisis of the termlnal cancer. What's going on now in the economic world is -like in medicin - a treament of hyperalimentation. Unfortunately it only has temporary effects. Firstly the exhausted normal cells recieve some more nutrients, but secondly the cancercells only will dedifferentiate even more. The cancercells will become more powerfull and/or aggressive. Unfortunately the endresult is even worse. I feel sorry, but this is my medical point of view. Siegfried Bok. |
09-26-2008, 11:58 AM | #33 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Some person(s) calling themselves/himself 'Twain' posted this on a mailing list I subscribe to. Seems to me to be best overall answer to all these financial problems.
It seems that Lincoln had a pretty good solution for funding the civil war. He probably died for being so successful with the money thing. But hey, what would I know? Regards, nodrog. |
09-26-2008, 12:55 PM | #34 | |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Quote:
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09-26-2008, 01:25 PM | #35 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Imbedded in the video: (http://www.youtube.com/watch?v=-CJMw...sage616928/pg1)
you will find a speech made by Marcy Kaptur from Ohio (if I got this right). The music is unfortunate in my view (I hate it when someones uses tricks like that to touch emotional states over a subject that requires cold headedness) but I found what she had to say interesting. |
09-26-2008, 01:45 PM | #36 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
To everyone - great posts.
I think the fax/phone/email pressure on Congress is having an effect. I strongly encourage everyone to continue contacting not just your congressman and senators, but others as well. They may be spineless greedy bastards for the most part, so let's use that to our advantage. They have elections coming up, and if they are being flooded with messages letting them know that the people are aware of the criminality that has been at work here, they may do the right thing "out of fear". |
09-26-2008, 02:01 PM | #37 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
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09-26-2008, 05:59 PM | #38 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
I feel sorry, but I have the idea that here are more intelligent economists than in your gouvernment.
In my humble view this crisis is a structural one. We live already longtime in a "baken air economy" based on progressive debts. There is lying the problem. I do'nt know how to say it correctly, but it's like "throwing a sprat to catch a mackerel". In my humble opinion this crisis will evolve to a deeper one than in 1930. And looking into history such a deep crisis always ends in war. It ends in a war , because America never will accept to play "a second violin" in the world. |
09-26-2008, 06:17 PM | #39 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Your economy is based on concepts rather than production. Bubbles of inflation and deflation.
In the view of those who benefit, it is pretty well organized, disguised as it is as a free market economy. Its a one way road at the end of which there is a pit that collects the energy. And all banking avenues connect to that road. The problem is this: So long as the average Joe believes he can manipulate the system to his advantage, seeing the high potential for gains, he will be all for it, until of course he realizes that somebody else got to the string fist. Then of course, he will praise that somebody else as being a sharp person and admire him, until he realizes his pockets are empty and he can't use the strings, because the strings are moving his arms. Then he will either get mad or fall prey to despair. Greed is not exclusive to the elite. They just got there first. It goes like this. The poor want the rich to pay for them, and if they win at the lottery, they don't want to pay for the poor. The ego is a vampire. |
09-28-2008, 11:34 PM | #40 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
I have emailed and called my Senators and Representative at least 12 times, and I encourage all of you to do at least the same, and entreat everyone you know to act as well. This is a POINT, where win or lose, we must let the criminals and traitors in Washington know that we are aware of their treason.
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09-29-2008, 08:32 AM | #41 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Hello all,
It seems that 'they' have found a way of getting out of trouble...on the TaxPayers back. Once again! ( Reference:Mr Benjamin fulford Interview, 6 Sept. 2008;duedate: Sept. 30!) Regards. RaKaR www.futureofmankind.co.uk Last edited by RaKaR; 09-29-2008 at 09:00 AM. Reason: Addition and proofreading. |
09-29-2008, 08:48 AM | #42 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Well it seems they are robbing the treasury, the last thing scoundrels do.
From: http://www.breadwithcircus.com/bailout.html The scheme is actually pretty simple. Please forgive my primitive graphics abilities. The fund will buy mortgages from the banks at market value, and then re-sell them back to the banks at a discount. The fund will then repurchase those mortgages from the banks, who will sell them back to the fund again. The same product (perhaps an ill-advised mortgage for a half-million dollars taken out on a house in the distant suburbs of Las Vegas) will be bought, then resold, then re-bought and re-resold in an endless spiral of profit-taking. The taxpayer will lose on every transaction, the banks robbing the treasury each time each mortgage, or package of mortgages is swapped. It is amazing to observe the greatest transfer of wealth in history, from Main Street to Wall Street, from the many to the few. What is even more amazing is that nobody seems to be stopping it. |
09-29-2008, 08:51 AM | #43 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
The war is not over.
Here is a Monday action item. Check it out and make a comment. checke this post. http://www.projectavalon.net/forum/s...ead.php?t=3675 |
09-29-2008, 10:50 PM | #44 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
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09-30-2008, 09:10 AM | #45 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
The 700 Billion dollar bailout is a nefarious number, most predictions are it will be closer to 2 Trillion or more.
This was a comment posted at Ron Paul's campaignforliberty.com website today. The new and improved campaignforliberty.com debuts tomorrow. Check it out. Ron Paul introduced a bill back in June to abolish the Fed. You can search for a copy of it on his website: campaignforliberty.com COMMENT: EVERYONE LISTEN UP THE VOTE IS MEANINGLESS. THE FED DOES NOT NEED CONGRESS' APPROVAL. THEY STILL MADE 600 BILLION OUT OF THIN AIR TODAY. THE ONLY THING TO STOP THE FED IS TO ABOLISH IT. IN APRIL 2008 GWB GAVE THE FED TOTAL CONTROLL OVER ALL MONETARY POLICY. WE LOST OUR FREEDOM IN APRIL. SITE MANAGER TELL THESE PEOPLE THE TRUTH. THIS VOTE DOES NOT MEAN A THING. HERE IS A LINK IF YOU DON’T BELIEVE ME. http://www.jbs.org/index.php/jbs-new...ederal-reserve STOP BEING SHEEP. |
10-03-2008, 12:18 AM | #46 |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Two many threads on the same topic...
So I will just point to this post link Very important insight http://projectavalon.net/forum/showp...8&postcount=96 |
10-03-2008, 12:20 AM | #47 | |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Quote:
You really all should take a minute and watch this... a REAL eye opener and should be in every class room MONEY AS DEBT |
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10-03-2008, 03:08 AM | #48 | |
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Re: We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab)
Quote:
Very educative. At least it identifies the scoundrels. |
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