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Originally posted by Electro38
I'm starting to sense that this is all "B.S.", it's all baloney.
Stocks go all the way down, this is what they wanted. Now they can start buying everything at dirt cheap prices. In a couple of months with the market is 1000 or more points higher they would have all made a killing.
It's a great time for regular people (poor and middle class) to make money in the market.
Mark my words.
Originally posted by DimensionalDetective
reply to post by marg6043
I'm not so much sure it is them having america at heart as it is risking political suicide and an uprising of proportions that even their draconian police state measures might have to contend with...This isn't over yet, but the sleepwalking populace is now awakening on a large scale to this endless pickpocketing, and is having no choice but to get pissed about it to a point that these smug elitists can no longer plug their ears and yell "la-la-la" to make it go away.
Originally posted by Battleline
Hope I am wrong but I really think this is about the election(why the Republicans voted agenst it)If they do it this way they get there bailout and put the playing field back to level and they get to make a fool of Palosi,Frank and Reed.Sad truly sad to make the American people go though this,I hope I am wrong,we will never know.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
--Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
This is about them being scared. That's right.... scared. The American public is overwhelmingly against this Bailout for corrupt and greedy financial institutions. The American public has been slapped around enough and they're starting to realize what's going on. And only good can come from this. Buckle up your seat belts folks..... it's gonna be a bumpy ride.