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Make no mistake..."Wall Street" is holding America hostage.

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:19 PM
Original message
Make no mistake..."Wall Street" is holding America hostage.
Edited on Tue Sep-23-08 11:20 PM by Atman
It's nothing short of extortion. Tonight I heard one of the cable news bubble-heads warn 'Murkins that if Congress doesn't give Paulson the $700,000,000,000 no-questions-asked that their paychecks are at risk, because no one is loaning money to their employers anymore. Loans between banks weren't taking place and virtually the entire system was frozen for corporate America. Average Joe could still get a loan provided he has good credit, but corporate America was being frozen out of loans and your paychecks are at risk.

So...someone explain to me why this isn't a perfectly plausible conspiracy theory. The media needs GOP, owes GOP, GOP owns Media, blah blah, we know all that. But that shit's important. These bank guys have incredible leverage right now. They can stop GENERAL ELECTRIC's loans. The people who have to report on their malfeasance.

WE'RE FUCKED. Bush banked on this, which is why they refused to back down on taxes on the wealthy. They knew this was coming. They set it up. They needed to make sure their own nests were well-feathered when their schemes unraveled.

"Wall Street" can continue to refuse loans to "corporate America" (including the media giants), until they cave and spin the meme their way.

Tin foily? You be the judge. What's so implausible about it?

.
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galileoreloaded Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:23 PM
Response to Original message
1. With ya, but what what was the goal as ut were as you see it....n/t
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:25 PM
Response to Original message
2. America holds these people hostage, they are the ones wanting the $1 trillion
...bailout ($350 billion last week plus $700 billion now). We just don't pay and Wall Street goes away.
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Stellabella Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:28 PM
Response to Original message
3. We need to completely change the tax rates on the wealthy.
They need to have the shit taxed out of them for the next 5-10 years, and that includes offshore accounts, until this country is more in balance.

If we can find it.
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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:35 PM
Response to Reply #3
4. Even when Reagan was in office they SURVIVED with a 70% top tax rate.
They built mansions, bought Lear Jets, owned homes all around the world...and still managed to build incredible wealth and amass these mansion and Lear Jets. Why isn't that message getting across? Many of the billionaires whining about the excessive tax rates became billionaires under 70-90% tax rates on their parents' wealth which they inherited while a 'death tax' was also in place.

Getting the picture? Them that got theirs are telling the rest of us to fuck off, they're wealthy enough to ride it out.

Time for a tea party.

.
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Stellabella Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:38 PM
Response to Reply #4
6. Yep, exactly.
n/t
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Naturalist Donating Member (163 posts) Send PM | Profile | Ignore Tue Sep-23-08 11:37 PM
Response to Original message
5. The Sopranos are in Capitol Hill
The mark: The American People
The threat: If you don't give us the money your ecconomy will fall, you will loose all your money, jobs, homes and will have no food.
The payoff: 700 Billion
The terms: Ask no questions and you have 7 days to come up with the money.


I posted this. Had about 68 views but no replies. Your right. It's that simple.
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silverojo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 12:51 AM
Response to Reply #5
7. Sorry I missed your post
But I'm replying now...it really says it all. :mad:
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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:18 AM
Response to Original message
8. Posted late last night.
Morning kick. I hope this is an angle our "leaders" are looking at.

.
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