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Originally posted by johnsky
Sounds to me like the intention all along was to let the economy slide, so that a federal buyout of loan and mortgage centers could be justified.
Makes sense to me, but I could be missing something.
Taxpayers give the government their taxes to keep the government owned companies running...
and the interest on the mortgages and loans go back to the government again.
One heck of a way to keep control over your populace, when your government is the one you're paying for your house and loans.
Originally posted by Pinktip
How far can the gov't openly go into debt (over 11 trillion), print more
money, and have foreign money propping it up before the whole mess falls?
I realize it's on the "cusp" now, but where is the tipping point?
Is it when the credit industry fails or as Gerald Celente has stated, the next shoe is commerical real estate ?
Can the gov't just declare where going to cover 10 trillion, and no one will bat an eye?
As stated in other threads, 90% of the US pop. have no clue as to the nature of this coruption and even if Paulson came on primetime
hour and told you how bad your getting screwed, most wouldn't watch or
So until that changes, it's business as usual............02c
Originally posted by SuperSecretSquirrel
An example must be made. Bail them out, break them up, and then tell them they are on their own. NO MORE BAILOUTS! PERIOD.
Originally posted by marg6043
But that is not the way it works, see, already in the BBC the news were talking about the countries in the middle east I imagine, the emirates, Saudi Arabia already eying with greedy eyes into buying the two companies from the US government, incredible that we get to bail out with our tax payer money so somebody else get to make profits while we are stuck with the tag.
This all deceiving and if you understand how this play against us the American consumer you would be as outraged as most of us are.