Stop depressing me!

Starred and Flagged .. as this post just won me 5 bucks (not that it's value will persist).

I had expected the private sector would be the 'tool of choice' for His Hineyness Tzar paulson.

Too bad the GAO can't handle the challenge..., I guess.

I don't know if this is such a bad thing. Depending on who the private contractor is, 700 billion might be in better hands with them then anyone currently on capital hill.

Hey, GWB fulfilled his campaign promise to invest the Social Security trust fund in Wall Street!

It just came out of a different pile of imaginary money.

Originally posted by Keyhole`Once the legislation is signed, we're going to be going out and lining up advisers from the private sector.''

eek! why do i get an image of them lined up against a wall in front of the firing squad?

Deeprivergal, this why America is so oblivious of what goes on behind the backs of the American tax payer, you show here that you have no idea of the implications with this developement from the corrupted government we have run by private entities.

Our nation is base on a government by the people and for the people.

The treasury department is an office of the government, now they will be in the hands of the same private financial system that caused the crisis because their greed and the agenda of taking the government out of the hands of the people in this nation.

Originally posted by marg6043
Deeprivergal, this why America is so oblivious of what goes on behind the backs of the American tax payer, you show here that you have no idea of the implications with this developement from the corrupted government we have run by private entities.

Our nation is base on a government by the people and for the people.

The treasury department is an office of the government, now they will be in the hands of the same private financial system that caused the crisis because their greed and the agenda of taking the government out of the hands of the people in this nation.

America is oblivious because America chooses to be. If AMERICA would unite and call a spade a spade and actually get off their asses and do something, we wouldn't be in this mess to begin with.

Deeprivergal, you are right on Americans should do something about it.

But if you read this boards time line during the development of the anti American tax payer bail out bill a few of us did everything we could to engage our for the people elected corrupted leaders in an effort to make them listen to us.

But as you can see with all the links we posted in threads, even with all the American people e-mailing senators, faxing letters and so on.

The will of the people was not even taken into consideration.

Because America do not belong to the people anymore.

The only solution that American hard working tax payer have is one that most people do not want to even consider at this time.

Because most American now fear the same government that is supposed to be a for the peoples government.

You know....on one hand, I don't trust a governmental organization to manage all the junk they're buying. Look what the government has done to the deficit in just eight years.

On the other hand....given how private firms have "managed" assets in the past decade, I don't trust them a whole lot either.

This certainly puts us in a 'damned if you do, damned if you don't' sort of situation, doesn't it?

Originally posted by anachryon
You know....on one hand, I don't trust a governmental organization to manage all the junk they're buying. Look what the government has done to the deficit in just eight years.

On the other hand....given how private firms have "managed" assets in the past decade, I don't trust them a whole lot either.

This certainly puts us in a 'damned if you do, damned if you don't' sort of situation, doesn't it?

I vote that YOU should be put in charge of this $700 billion Good luck with that!

Actually the 700 billion is nothing more than a front for the trillions that this bail out will cost, and the only way we will know is as we see the catastrophic national debt increasing.

Perhaps ATS should monitor the national debt to see how much will be increased at the expenses of tax payer in the next few months.

Unless our corporate government of the treasury department dictator I mean Czar decided to stop making the national debt public.

Originally posted by deeprivergal

Originally posted by anachryon
You know....on one hand, I don't trust a governmental organization to manage all the junk they're buying. Look what the government has done to the deficit in just eight years.

On the other hand....given how private firms have "managed" assets in the past decade, I don't trust them a whole lot either.

This certainly puts us in a 'damned if you do, damned if you don't' sort of situation, doesn't it?

I vote that YOU should be put in charge of this $700 billion Good luck with that!

Aw that's just cruel!

Truth is, as log as the paradigm remains that 'they know better' we will never be clear of this nonsense.

Ever get the feeling when you take your sputtering car to some mechanic, that sometimes they 'take you for a ride"? Same thing. In the end, the solution always takes the same form... less for you..., more for them.

Lets see if Halliburton handles these type of deals????

Betcha they do now.......