Where is all this money going?
BAILOUT, AFTER BAILOUT, AFTER BAILOUT........
And the banks are still not lending money?
Are they throwing it into the furnace behind the shed???

Oh for crying out loud!!!!!!!!!!!!!!

The UN now is calling for bailouts?

Who is going to pay for the bailouts? The individual countries?

Betchya the UN ends up paying - and of course the US taxpayers foot a major part of the UN bill.

Geeeeeeze ...

Through all of this, I've been of the opinion that there are really only four options to 'fix' all of this, and it has to do with leveling the global playing field . . .

1. They can drop our standard of living down to those of the lesser and underdeveloped nations such as China, India and the like . . . that way we can work for lower wages while the corporate swillers still get their usual cut of profits.

2. They can raise the standard of living in those underdeveloped countries to meet with ours to again so they work for higher wages, buy oddles of stuff and still allows for the maintenance of a manufacturing base in the developed countries because you're not paying those in Mexico, China, India and the like a fraction of what we are paid here, all while maintaining the profit margins of the little piggies at the corporate trough.

3. They can eliminate on of the standards of living by eliminating one of those entities, thus leveling a good chunk of the globe and the playing field such that only one standard (most likely the lower) one exists so the notion of global competition is gone and the rich fatcats can still extort their usual profit margins off of stuff while selling goods to rebuild what was leveled.

4. A combination of the above.

By calling for 'massive stimulus' programs, is a step in the direction of optino 2, with they way they are administering current 'stimulus' programs seems to point at option 1. Seems with the growing number of alarm bells with respect to the fleeting sense of global peace, I'm not entirely sold that option 3 is out of the realm of possibility.

By giving people a whack of dough, in some roundabout way, it keeps them fat, dumb and happy while the wheels (or thumbscrews, however you may look at it) are turning.

So, this call for massive stimulus seems to me to point at opition 4 as their methodology.

Only question, where the hell is all of this dough coming from?

Hey heres an idea, instead of have Bailout Packages!
Why doesnt the FED just give All the banks their own money press and then thay can start printing their own Money!

Originally posted by Daniel666

Hey heres an idea, instead of have Bailout Packages!
Why doesnt the FED just give All the banks their own money press and then thay can start printing their own Money!

What . . . you don't have one yet????

I call mine the 'Paulson Print-a-lot' . . . it isn't quite as nice as the 'Bernanke Bonds-a-Plenty' which can be used to reproduce T-bills and the like to sell to the Chinese for real currency.

I've got the latter on my Christmas List!!!!!!!!!!!!

What is ths new 700 trillion bailout I heard about this morning?

Why is everyone going bankrupt?

How can this be possible?

The global bail out is to finance the global elites that are losing billions of dollars due to the nations loses.

But right now producing countries like Japan, China and India are having their own problems as the US that is the biggest buyer to them and the biggest consumers of their goods are falling back on that spending and holding to their pockets.

So I don't see how this nations will be able to give away their money to help keep the financial global elites coffers full.

You are right, while the UN was born under the umbrella of peace keepers, their real purpose is to protect the financial interest of the global elites in the countries that UN support.

That is something that many doesn't even take into consideration.

That is why the WTO and the UN wants more power over the nations that fall under their "care".

I guess the UN has finally woken up and realized that the US has an open checkbook and is willing to dole out tons of BEN IS MY FRIEND to any corrupt business or institution interested, UN included.

The line for free money just keeps getting longer...All Aboard!!!!

The UN smells MONEY & POWER... damned right they want a piece. The UN is one of the most corrupt organizations on the planet... just think about how much they can embezzle! You can bet they already have.

[edit on 1-12-2008 by infolurker]