Cheney says "No one was smart enough to figure it out", page 2

IMHO,
Here is the problem.
Congress.
examples:

935 false public statements regarding 911 and Iraq,
from source

Next, Fanny and Freddy fail.

Then, Congress hears threats of Martial Law should the bailout not pass.

from 20:1 against to 3:1 or 4:1 after calls to Congress by nobel Lariets asking Congress not to hold hearings or hear testimony, all the while knowing, (as Bill Isaac states his fears 1/2 of the TARP funds would bail out foreign investors.)
from source

Then, after giving 1/2 the TARP funds to Paulson, the scheme no longer includes the intent of TARP, and no transparency is given,

Next,

13.4 Billion more to the Big 3 Auto Makers, and that's just the start.
from source

So, I say the problem lies with Congress, and their inability to function in their capacity, as well as not representing the will of their constituants.

See the pattern?

They are lied to and we go to Iraq,

knowing this, they pass a bailout, intended to prioritize helping avoid home loan failures with transparency of all fund transfers and documentation of where it is spent by those recieving the aid.
None of the intended TARP usage has been allocated for this, and there is nondisclosure of who got what and what the unknown aid recipients are doing with the monies recieved.

Then, the Big 3 approach Congress, Prostrated, giving homage to those who are dupped over and over, ultimately obtaining monies with no real plan to resolve their dilema.

Now, Paulson wants the rest of the TARP monies since $400 Billion is gone in only a few months.

Will he get it? My money says yes he will, using past Congressional actions as an example.

Next, The President-Elect wants to afford an additional 800 Billion to 1.2 or 1.4 Trillion as an infusion to begin creating new jobs that hopefully reach beyond the current crisis.

again, back to lies.
regarding the bailout
from source

The problem is that those smart enough to "figure it out" have been supressed and not brought before Congress.

I believe one of the best fixes I've heard thought out and through to snip the problem, period, is this 3 part plan.
from source

Obviously, Congress didn't give this or any other plan than would solve the problem even a glance.

Now, we know that many were smart enough to figure it out and that this was not intended to be done since Fanny and Freddy were taken over.

Congress has failed, has turned their backs on constituants, and has severed their oaths as has the Executive office and IMO the Judicial branch since the 2000 election results being manipulated at the Highest Court.

Figuring it out isn't the problem. Corruption and Congress is the problem.

What say ye?

reply to post by imd12c4funn

---

While I do see your point and I also agree with you to some extent at the same time there are alot of other areas of Big Spending that have crippled us.

We can't forget the many jobs being outsourced leaving a big hole in this country nor can we forget the massive money hole leaving the country in the war and rebuilding of other countries.

I also remember about 7 years ago when the mortgage companies were practically begging anyone and everyone to buy a house. I had a couple of friends in that business and it was booming while minimal credit requirements were in place and low interest rates were offered in the beginning.

In hindsight it almost seems like a setup in itself, practically giving a home loan so easily to so many while looming around the corner............the big hit with the gas prices, job losses, etc...............

reply to post by interestedalways

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Perhaps the morons in Washington that never have been even close to main street America would never saw it coming while sleeping with big corporate America and partying with Hookers and strippers.

But here in ATS we knew and talk about it for years.

I remember.

You are right somebody should have send them a link to ATS earlier.

reply to post by imd12c4funn

---

Dick Cheney would be proud of your It's All Congress's Fault line of nonsense. That's where Right Wingers run when they refuse to take responsibility for their own actions and policies. Republicans controlled all 3 branches of government from 2000 to 2006...exactly the time when 9-11 happened, taxes were cut for the rich and deregulation of Wall Street was accelerated to the point of no regulation. If bad # happens on your watch then it's ultimately your responsibility. Responsibility...a word that Right Wingers in America simply do not understand and refuse to accept. You can't blame all of the ills of the world on everyone else bud. Yes the Dems share some of the blame but the bulk of it goes to Republicans and their philosophy of governing....such as it is.

Originally posted by marg6043
reply to post by interestedalways

---

Perhaps the morons in Washington that never have been even close to main street America would never saw it coming while sleeping with big corporate America and partying with Hookers and strippers.

But here in ATS we knew and talk about it for years.

I remember.

You are right somebody should have send them a link to ATS earlier.

Always nice to see your posts, Marg.

I remember, too.

Woo Hoo! It's all a party when your rollin in dough!

reply to post by interestedalways

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You know that comments like the ones coming from our elected officials are always a disgrace to this nations citizens.

But still their moronic comments only show how deatach they are with the people that they were elected to serve.

This morons are turning America into a bankrupt circus where only the few are allow to play the game.

BTW thanks.

reply to post by interestedalways

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BS Cheney! LOL!

Compliments of Peter Schiff and the endless ridicule he received when he tried to warn... well... just about everyone:



See Also: THIS THREAD.

Ron Paul and Schiff tried to warn the economists, the government, and the populace only to be ridiculed into oblivion.

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