CoffeeCat
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Mon Sep-22-08 11:21 AM
Original message |
Why they're rushing this bailout legislation... |
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The reason that there is such a manic sense of urgency surrounding this bailout legislation--is because the powerbrokers and the greedmongers who orchestrated this theft understand the big picture--and they know what is to come.
They know damn well that the economy will continue to collapse onto itself. They know the first dominoes have fallen, and they understand what dominoes will fall next; Banks, Hedge funds, the stock market, the FDIC, consumer spending, rising costs of food and gas, gas shortages, small business failures, rising unemployment, continued seizing up of the flow of money--to the point where getting money out of an ATM will be difficult, etc.
They must get their treasure--before it becomes apparent to the American people that the economy is collapsing--and that this bailout won't stop it.
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peacebird
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Mon Sep-22-08 11:23 AM
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1. this is to try to push the collapse off til after the election too |
Cleita
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Mon Sep-22-08 11:23 AM
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2. For the same reason they rush everything like the IWR so nobody has a chance |
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to read it and figure out the ramifications before it's too late.
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texastoast
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Mon Sep-22-08 11:32 AM
Response to Reply #2 |
6. Call your reps and tell them |
Eric J in MN
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Mon Sep-22-08 11:24 AM
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3. Did you believe a month ago that doom was imminent? |
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If not, why do you believe it now?
Stocks go up and down. Investors sometimes take losses.
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texastoast
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Mon Sep-22-08 11:32 AM
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4. I'm fine with the investors taking the losses |
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The banks, their stockholders, yes. Let capitalism fail. Fine with me.
But don't plan the failure, deregulate so it happens, fail, go shopping for bargains, get a bailout on taxpayers' backs, then sell your bargain stocks and get totally rich on MY money.
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mulsh
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Mon Sep-22-08 11:32 AM
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5. I think the economy has crashed. last week, around the time |
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short term bank loans were suspended, I think that's why our lords and masters were so "ashen" on the sunday chats. Hamdenrice has posted about this: DemocracyNow: System of payments stopped working last week; you'd have to buy groceries with gold http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4057340from last week: How your cashing a check is related to the current credit catastrophe http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4027506
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sam sarrha
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Mon Sep-22-08 11:38 AM
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7. CNNs Spinn Script is a "quick and clean"bill to give them the money, then work out the safeguards. |
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Edited on Mon Sep-22-08 11:41 AM by sam sarrha
'it has been all weekend and the congress hasn't done anything to relieve this crisis..' implying a do nothing congress, which in reality has been hijacked and overthrown by totally obstructionist Faso-Corporatist ReThugs... trying to create a situation to implement another "Shock Doctrine" on us this time.. that is why torture was so important to legalize.. because it is essential to a Shock Doctrine to control people's thoughts thought thru fear.. in south America during Reagan 250,000 people were murdered and many tortured to death, burned and dumped beside busy highways as a message to others who might disagree with Milton Freedman's, Reagan's and Kissinger's economic tree trade policies
later the UN would declare our involvement in the south american cone ..."Genocide" ..
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kestrel91316
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Mon Sep-22-08 11:54 AM
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8. Has anybody else noticed how they JUST SO HAPPENED to have |
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this 700-page bailout legislation at the ready? Just like the USA PATRIOT Act, which was sitting on the shelf waiting for the PNAC's wet dream to come true (which it did on 9-11)?
IMHO this whole collapse has been orchestrated as just one more way to rob the taxpayer and enrich the thieves.
We need to stand tall and oppose this thing that's being shoved down our throats. And NO, we should NOT be letting the CEO's who ran their companies to ruin walk away with their golden parachutes.
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northsongs
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Mon Sep-22-08 01:08 PM
Response to Reply #8 |
9. link to 700 page bailout? |
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I heard 3 page bailout from Paulson. Do you have a link to the actual bailout document at 700 pages?
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kestrel91316
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Mon Sep-22-08 01:17 PM
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10. Nope. I THOUGHT I heard that's how big this puppy was. |
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It's possible my brain took the $700 billion and morphed it around into 700 pages of boilerplate, now that I think about it, lol.
You have to admit, though, that it's their MO to have this shit written up and just waiting for the moment when we'll swallow it whole without looking first.
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Avalux
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Mon Sep-22-08 01:20 PM
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11. That's how con men get what they want. |
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They try to make you believe they must have it NOW or else.
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Porschenut1066
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Mon Sep-22-08 01:31 PM
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12. The reason they let Lehman Bros die! |
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It has been revealed today that the primary reason the Government did not help Lehman Bros is because Venezuela had invested more than $2 billion dollars in Lehman Bros and therefore we would have been helping Chavez which this Admin decided they would not do so they let all the share holders take the hit so they could stick it to Venezuela. However they protected China by saving the rest. So we stick it to a South American country because they voted ( in a free election) for Chavez instead of The American selected candidate. And we help the Communist Dictatorship China that Does not bother to pretend it supports democracy.
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dixiegrrrrl
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Mon Sep-22-08 01:54 PM
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Porschenut1066
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Tue Sep-23-08 06:45 AM
Response to Reply #13 |
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Can't say who but look and see all of the activity just before the fall. On a lighter note perhaps this will explain exactly what has happened. http://www.youtube.com/watch?v=nsQTXx_bXSc
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Porschenut1066
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Tue Sep-23-08 08:17 AM
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