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Reply #3: We know a great deal about the effects of these mega Corporations. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-17-09 03:45 PM
Response to Reply #1
3. We know a great deal about the effects of these mega Corporations.
They Destroyed our Economy!
Period!
Not one dime more.

The financial institutions turned themselves into casinos, they allowed for ruinous level of "bets" to be placed. They lost, and we can recover only by placing them into receivership, and thus giving our government the legal right to ignore their claims of "Corporate person hood."

How is it that the BailOut plan under Obama is exactly the same bailout plan as fashioned by PAulson. At the point of planning it out, Tim geithner acted as Paulson's accomplice.

If you have followed the history of what is transpiring, you would know that Edward Liddy, the government installed executive of AIG who has been so busy defending the AIG bonus plan, this monster was brought to the company from Goldman Sach's. And who is so deeply associatied with Goldman Sachs? Hank Paulson of course.
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