Bailouts - Why Whining Americans Don't Get It, page 3
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reply posted on 26-9-2008 @ 04:50 PM by Sheridan
Originally posted by SteveR
reply to
post by mecheng



Mecheng, if we do not bailout there will not be a depression. It will be worse than you could possibly imagine. We're talking nightmare scenario. Bartering or killing for simple goods. If all the bailouts were given to private individuals and financial institutions collapsed, that is where we'd be.


Don't dramatize please. Do you know whose nightmare this will be? It's the nightmare of the greedy bankers. Are you a banker? If yes, well, have a nice nightmare. Don't try to convince everyone that what you're writing is good, because it's NOT. It's serving the NWO, it's serving the Zionists, it's serving the greedy ones. But it's not serving only one small group... the people of the United States and the rest of the world.

So, please quit with this "Oh, there will be a nightmare, if you're not helping us.". Yeah, sure. You know what? We had our nightmare in the last decades, now, it's your turn. Live in that nightmare what you created and we gladly watching you as you'll fail.

[edit on 26-9-2008 by Sheridan]


reply posted on 26-9-2008 @ 04:53 PM by marg6043
While both the house and the senate keep debating the bail out guidelines, every time that any of senators comes public to talk about the issue including the President speech, the more the American people becomes enraged about this bail out.

Why? Because most people while they have no understanding of the Markets they know about the corruption in the government.

American people also knows that this bail out looks like nothing more than a reward for the bad deals that financial institutions has done at the expenses of tax payer money.

The financial system in this nation houses the most corrupted and tax evading firms that there can be, thanks to deregulation that was pursue by our own for the people elected government.

People in this nation are very aware of the white collar CEOs and executives that has been working for this companies and reaping outrageous bonuses, for struggling unemployment citizens trying to make ends meet this bail out is unacceptable.

Our government just spend 100 billion dollars in the Economic Stimulus act of 2008 the results were not expected that make it a failure to restart the economy with citizens spending.

Because Americans are strap for cash.

Now the Stimulus have another name is call the bail out to financial institutions.

The reason the The economic Stimulus fail was because Americans are in the middle of stagnant wages and the high cost of fuel and everyday needs like food.

We have lost so much money on this government deals that do not fix anything because it doesn’t address the problems at all, we can not afford what Paulson and Benanke are trying to pull now.

You need to understand that both Benanke and Paulson are nothing more than poppets of the finacial system as they are part of the finacial system themselves.

[edit on 26-9-2008 by marg6043]



reply posted on 26-9-2008 @ 04:54 PM by mecheng
reply to post by SteveR



Steve... besides what you hear from Paulson or Bush, tell me why it is an absolute certainty that
A) Doing nothing will result in a depression worse than anything we've ever seen (killing, starvation, etc).
B) Handing out $700B (probably more) to a bunch of gambling addicts will put a stop to the crisis (see a. above) and everything will be back to normal.
BONUS QUESTION) why is it that only a week or so ago, bush was touting how strong our economy was, a few days later financial freaking Armageddon if we don't hand over the money.

[edit on 26-9-2008 by mecheng]



reply posted on 26-9-2008 @ 04:55 PM by harvib
reply to post by SteveR





The banks are more important. Why don't we bail out all the homeless people too, while we're at it? Do you think the country will go ANYWHERE with bankrupt financial institutions??


You miss the point. If we bail out the homeowners then the banks wouldn't need to be saved. Please correct me if I am wrong...


reply posted on 26-9-2008 @ 04:57 PM by Aaron_Justin
reply to post by mecheng



Sir, I am not for the use of tax dollars to bail out bad decisions and risky bets either. I was just using the insurance suggestion as an example to illustrate that there are more choices on the table than just the ones the OP was talking about.

As an aside... If the federal government were to plunge into non existance, I still beleive that the state government would take over and still maintain civility. I realize that there will be bad sitiuations, but I do not think it will come to all that.


reply posted on 26-9-2008 @ 05:00 PM by mecheng
reply to post by Aaron_Justin



Understood... I was just responding to "I do not think anyone is against some action"... I'm against any action.


reply posted on 26-9-2008 @ 05:18 PM by Sheridan
reply to post by SteveR


Actually the "mentally ill" people like ME, warned people about this sort of meltdown a long time ago. So, yes, if healthy, logical thinking is meaning nowadays "mentally ill", yes, I'm proud to be one. But people like me warned everyone about this and voila, it's became true. So, as I see not I'm the one between two of us who is not seeing what is going on around all of us.



reply posted on 26-9-2008 @ 05:26 PM by MatrixProphet
reply to post by SteveR



I question your motives in writing this thread. Either you are baiting which would be quite childish or you are angry and even possibly panicking?

For some reason I do not think that you are baiting. I really hear panic in your words. Am I wrong?

Let me chime in with some of the others:

1. The economy will go in whatever direction it is intended to go by earthy means and perhaps non-earthly. You won't be able to stop it regardless of any amount of shaming you may direct towards the readers.

2. It will change life for all, but especially the top 10% of the highest wage earners or stockholders and trust fund babies in the public sector. The rest of the 90-95% of the public have gained experience in survival - especially the masses living in reduced circumstances which make up a large percentage of citizens. If I were rich and had my money and security in the markets and in the political structure...I would panic also.

3. The realities are; a lot of us have had ample experience in living without and having low expectations of what this country owes it's citizens. We might just gain some equal status with most of the rest of the world!

4. The people who jumped out of buildings after the "great crash" were not humble little people who now had to adjust to a lower and different lifestyle, but it was those who lost everything materially, and were not accustomed to living as the majority of mankind.

5. The greatest whining and gnashing of the teeth will come from the entitled (whether these have money or not). Also, those who have not seen the handwriting on the wall, and go about living their lives addictively.

Many of the "elite" (worldly speaking) would be surprised as to how "prepared" many are, who have been expecting this for many years!!!

Welcome to reality!!


reply posted on 26-9-2008 @ 05:45 PM by roguetechie
Ok this is in response to the OP...

So we're going to use logic for this ... cooooolll not so good for your viewpoint but hey you want logic.

First off the United States of America was NEVER a truly free market economy otherwise posting tariffs and other taxes that effectivelly give indigenous business a competitive edge wouldn't exist.

Second even in a REGULATED free market, the standard methodology of dealing with the weak and sick in the business world is to let the raptors finish them off and take up where they left off... ALL markets that are not being MANIPULATED will SELF CORRECT. It's really that simple... Now when you deal with nearly a century of active manipulation and consolidation of economic and regulatory power.... Yep it's gonna suck when the Piper shows up to collect his fee.

But the key in a well ran and hard to manipulate financial system is you let the people that made their bed lie in it. It encourages SOUND FISCAL POLICY.

The bailouts and their potential for global disaster are a symptom of Very Old trends. Saying this started in 2003 or even the mid 90's is like saying powered human flight didn't happen until the 20's or 30's because that's when passenger service started.

I'm reminded of a quote about revolutions needing to be fought every 75 years because that's how long it takes for things to become iredeemably corrupt... hmmm 1913 to the SNL scandal. (NAH that's just following the Entire logic chain instead of picking and choosing to support your hypothesis) THe reality is the economy has been fundamentally unhealthy for a VERY long time but computers finally progressed to a point where model space could be integrated with enough data points to very strategically keep the ball rolling through last second interventions at Nodal points indicating failure.

I hate to harp on this so much but the document entitled Silent Weapons for Quiet Wars handilly explains the overall logical progression of the last few decades especially well. I especially like the part about "economic shock testing" Kinda like hitting a just cast bell with a tuning fork to see if it sets up self destructive resonances... only much more computing power required.

But feel free to keep shouting from the mountain tops that this bastardized reverse socialist "solution" of privatizing gains and burdening the public with losses is in any way shape or form Sound Fiscal Policy.

The one truth about the bailout bill is there will be a collapse without it... A collapse that primarilly endangers and strips away the insulating barriers an entire USELESS class of people have built between themselves and the rest of the world. The bankster class does not contribute anything to society... they push decimal points and skim a percentage off the top for "their services". Your banker ever help you change your oil? Has he ever helped you weed the garden?

AS I said USELESS also known as parasitic... so when their obfuscation manipulations and lies catch up with them and they are facing extinction we should care why? I mean maybe if they were SYMBIOTIC but symbiotes don't KILL their hosts... (*looks around* well the host isn't quite dead yet but close enough to call the game). This is part of the natural progression of things organisms too stupid to preserve the hosts abillity to function almost inevitably DIE OFF. Hence the success of the flu virus compared to ebola.

THeir time is over... why painfully extend it at great personal cost to ourselves and our children? Because building a new system would be hard?
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