Neshanic
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Mon Sep-22-08 03:41 PM
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It's not going to be 700 B. It is going to be trillions. Over many years. |
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Edited on Mon Sep-22-08 03:41 PM by Neshanic
The 700B amount according to the gangs demands is the ceiling that could be borrowed against again and again.
Take it from the people who lived through the S&L gig. Years, not months, trillions, not billions.
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ixion
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Mon Sep-22-08 03:56 PM
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and it will break us (as it's designed to do).
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blm
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Mon Sep-22-08 04:14 PM
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2. Exactly - it took over a decade to pay off S&L debt, and far more than the original 500billion. |
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If the books were opened on the S&Ls and BCCI when they should have been, there would be no financial crisis today. It's the coverups that have kept 99% of the American people unaware of the degree of criminality these financial institutions and their stewards and many government officials who are involved.
Banking crimes and the decades of coverups helped lead to 9-11 and this Iraq war.
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Junkdrawer
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Mon Sep-22-08 04:16 PM
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3. Any and all sales of reconstituted junk will be used to buy irretrievable junk |
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There will be no profit. Count on it.
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DU
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Thu Apr 25th 2024, 07:43 AM
Response to Original message |