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Plan pushed for government to buy bank stocks

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posted on Oct, 12 2008 @ 06:20 PM
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Plan pushed for government to buy bank stocks


www.msnbc.msn.com

WASHINGTON - Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.

“I am hopeful that tomorrow, the Treasury will announce that they’re doing it. And they have to do it quickly ... markets are waiting,” Schumer, D-N.Y., said.
(visit the link for the full news article)




posted on Oct, 12 2008 @ 06:20 PM
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Ok come on, doesn't this support the idea that bush wants to be the last president?

The govt. is tryign to own everything before Bush leaves office.

American currency is being treated like water, not even, like dust.

What's a 150billion, what's another 35billion, what's another 700billion?

QUESTION: Did anyone watch the new zeitgeist? it kinda explained that this might equal twice the amount. Watched it in haste, can anyone expand on that?

www.msnbc.msn.com
(visit the link for the full news article)



posted on Oct, 12 2008 @ 07:53 PM
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I do not know about bush being the last president but this banking , credit , for coming world stock market crash, has more to do with the elite(N.W.O) bying up every thing up for them selfs.
First make every body sell off there stocks then buy every thing up whole sale at the tax payers expense.
All these things are prerequisite to the coming world dollar the Terro.
And the coming socialist system and the destruction of our rites.



posted on Oct, 12 2008 @ 08:39 PM
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When Bush, Paulson and Bernanke smile, it's a sign that it's not good for the people.

Yeah, buying stock of banks.. .with taxpayers money, bringing the stock high of a few selected banks of the elite while the others smaller ones are being bought up... consolidation of power once again.



posted on Oct, 12 2008 @ 08:46 PM
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reply to post by ModernAcademia
 


I have been guessing that BUSH is going to declare some sort of emergency before he leaves office to postpone the elections, enabling the dictatorship he wants. "Just so long as he's the dictator". I digress. How much is enough already?
We were in debt to begin with, and now the whole world is cheesed at the USA. Get ready for it and remember that all we have is each other.

[edit on 12-10-2008 by reticledc]



posted on Oct, 12 2008 @ 09:26 PM
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The Treasury Tzar's suggestions will continue in this vein until such time as all nations are subordinate to banks.

The debtor is always lesser....

In the end they will create a single 'master' financial body to which all nations are beholden.



posted on Oct, 12 2008 @ 09:30 PM
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that thread about the soldier turned author who said he went to iraq to fight terroists but he was the real terroist, he described kicking people out of their homes in iraq.

I wonder if that is our future?



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