Bailouts - Why Whining Americans Don't Get It

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]

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 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 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 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.

Why would anyone trust the same idiots who caused the problem with more of our hard earned money??? Answer that and I might listen, otherwise let wallstreet burn just like Rome.

Right now the government itself has caused most of the civil unrest, if it went broke and collapsed, there might be some peace for a while...

[edit on 26-9-2008 by GrndLkNatv]

[edit on 26-9-2008 by GrndLkNatv]

I'm trying to give credit where credit is due but can't seem to locate the thread this link was posted in. The video goes a long way in explaining how we got here and who the players are.

Hopefully the link works. www.youtube.com...

The video claims to be factually accurate, watch and decide for yourself.

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.

Adding more burden to the tax payer and the national debt will strip our nation of his status as superpower, our dollar will be worthless.

Nations that will be reaping this bail out as global banks will be able to dip in the big American give away will own America, our children and the unborn.

The first casualty to scrap for this money will be our defense budget and many other already shaved services.

While is a reality that the bail out will pass congress this nation will fall financially as the money that will be used for this bail out doesn't come from a vault in the Federal Reserve of readily available cash.

This will come from the countries that buy our debt at the auction block every fall.

The tax payer burden is to pay the interest that this borrowed money will attach to the catastrophic nation debt.

A nation like ours that is not a wealth producer country anymore and its economy revolve on credit will eventually implode with bail out or not.



[edit on 26-9-2008 by marg6043]

Click here for more information.

I am not opposed to helping out the market. I am opposed though, on how it is being done; surely there is a better way.

To give a single man, Paulsen, the complete control to buy junk debt up, and not be checked by government, congress, and courts is just ridiculous and a terrible idea.

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.

Originally posted by SteveR
We are not bailing out the elite and forgetting you exist.

It's very simple, by keeping the market working as it should we make sure you get everything you need when you need it. S

the foolish Paulson Plan was a 'bailout'
the wiser lawmakers, at least some of them are wise, said No-Way to the bailout plan that Paulson & Bernanke were clumsily trying to sell to those people 'so beneath' those two Elites.


No Dice, the Charlatans & Svengalli tricksters were rousted in their plans.


Neither the public nor the Congress/Senatorial people are 'Whining'...

I think a lot of us seen through their bull-marlarky & threats.
& we actually 'get it'
What we want is the credit markets to get open again, but not with total abandon & selling our souls and future lifetimes to a cadre of banker elites.

an ordered and transparent market is in store for the 'securities' many of the elite banker class created and abused on the whole securities trading system.... their abuses will no longer be tolerated.
& there will be 'penalties' doled out to the persons who brought the banks & securities exchange to the current break-down.


but throwing good money after the bad does not a good recovery make.

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!!

Originally posted by SteveR
We are not bailing out the elite and forgetting you exist. ...
The suits in Washington are doing the best thing for the people - in the long run. Less whining and more intelligent thinking is needed here.

Thank you

U R RITE!

And I waz lol Kitty againzt b4 I waz 4, but now u r right.

JOHN InSANE.

Actually if this bailout plan passes, this will show the following for the greedy ones...

#1. Steal more from your own banks, because the Government will give you the missing money via the tax payers. Excellent example. So from now on, they can steal more, because they know they'll have a backup from the taxpayers. Hurray.

So honestly, SteveR. Do you believe this is right? If yes, not I'm the mentally ill from two of us.

[edit on 26-9-2008 by Sheridan]

Originally posted by SteveR

Originally posted by Sheridan
It's serving the NWO, it's serving the Zionists, it's serving the greedy ones.

You are mentally ill.

Ah, yes, calling people names! An affirmation that I am correct.

Originally posted by SteveR

The suits in Washington are doing the best thing for the people - in the long run. Less whining and more intelligent thinking is needed here.

Thank you

Phil Graham, is that you?

You're needed at the debate tonight, do not haste/waste.

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?

Can't say I'd be worried if this whole system came crashing down. Because this economy to me is a belief system, just like a religion,and I don't believe in this system. I don't believe in the monetary system as it is used, I don't believe it should cripple what the earth can provide. I'm looking forward to a new system that focuses on real resources, not imaginary debt. no more interest, that's just the epitomy of greed, making people pay money that they never owed in the first place. I'll be glad to get rid of a system that allows that.