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IF YOU LET THEM HAVE THE MONEY WE WILL HAVE NONE WHEN WE NEED IT.

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Naturalist Donating Member (163 posts) Send PM | Profile | Ignore Tue Sep-23-08 02:50 PM
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IF YOU LET THEM HAVE THE MONEY WE WILL HAVE NONE WHEN WE NEED IT.
The request for 700 Billion Dollars comes from private institutions that have duped the American Public and Foreign Investors. The scam has been discovered, now they want your money to help them bail themselves out while leaving you nothing to help yourself in the coming hard times ahead. The have lied about the value and rating on the paper they have sold and are in hot water with foreign investors. They are really scared that no one will lend them any more money if they are unable to pay their bills. Sound familiar? If a credit rating was used for these jokesters it would be at the bottom. If your credit rating was at the bottome would you expect someone to loan you any money? They do. They expect you to loan them money. This isn't about home loans gone bad. This is about ficticious numbers on paper that is worthless that they need to cover. This is about derrivates that are worthless. We need to tell these people no way and use Fannie Mae and Freddie Mac to deal out loans for businesses and home loans so this country can keep going. We need to start immediately doing accounting and reviewing on these companies and sieze them and their assests if they committed fraud. Put people in jail. Anyone that has bought their lies and looses money will have to take their punches. There are many smaller banks that are poised to move up the ranks that can take place of these crooks. Do you really want to help these crooks out so they can do it again?
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