I will keep repeating this until I fall over;
Bush issued a bail out of about $800 billion. Obama did his own bail out for $800 billion.
That's $1.6 trillion. Where did the money go? Straight into the hands of the very same Fortune 500 CEOs that put us in this mess!
And some of those exact same CEOs went to Congress and testified "I don't know were the money went."
Somebody gives them $10 billion and they don't know were it went??? I bet a baseball bat up side his head would help him remember! If not, it would
give him his first legitimate reason to forget.
Nobody "forgets" what they did with $10 billion. Nobody. I don't think Ken Lay's accounting (Enron) was THAT bad.
What really happened to all that money??
"You give me the $10 billion and I'll make sure you get re-elected."
"Okay, cool. If we make you testify to Congress
, just say you don't remember."
That is what happened. And in addition, the banks raise your rates to what ever they please with little regard to your credit status.
You can't beat a monster when it has that kind of weapon.
People will keep electing the political candidate that is the most good looking or has the nicest sounding name. Our country is lost. It's simply a
matter of going through the process of loosing it.
You can stop paying your bills and they will destroy your credit. The inside joke is that it doesn't matter when they are not issuing credit in the
Or you can pay your bills and they get their money twice, once from you and again from your tax dollars.
Either or, we are the suckers.
So, to pay or not to pay. Well, the banks aren't paying their bills so...what ever.
Sure, you can be responsible and pay all your debts. But when you play a game and you lose because your the only one that DIDN'T cheat, well...you
become nothing but a dignified loser. Nice.
They are counting on your loyalty. They are counting on your fear of defaulting.
Do what ever YOU think you need to do to get through this. If the CEOs of the credit card companies were not demanding multi billion dollar bail
outs, I would feel differently about it.
Some simple math for you; this is in case you really believe the bail outs are going to help YOU.
$1.6 trillion / 300 million Americans = over $5,000 per American.
Everybody knows that money trickles up to the rich, never down. Reagan's trickle down economics? lol, that was Reagan's little in side joke. We
got trickled on but it sure wasn't with money.
Knowing that money always trickles up to the rich and STAYS with the rich, if the politicos really wanted to help America, they would give every
American $5,000. $5,000 X 300 million people = about $1.6 trillion.
A family of four would get $20,000. THAT is the kind of money that would help Americans. They don't want to help America. This is strictly about
DC's power and the CEOs money. The common man is NOT part of the equation.
So were is all that money coming from? Literally, it is not coming from anywhere. The US Mint is simply printing more money. What until they start
devaluing the American Dollar. $1.00 is worth allot of money if that is the only dollar in circulation. If there are a trillion $1.00 bills, they are
pretty much worthless. Understand? Currency trading 101. A very simplistic explanation of it.
Allow me to drift off topic for just a moment; the banks are only giving credit to those with near perfect credit right now.
Many American farmers don't have perfect credit. No loans to the farmers means no crops will be planted.
AMERICA! You ain't seen nothing yet!!!
I work for a bank. You have no idea what is about to happen.
The farming industry is about to go SPLAT. 24 months tops!
600,000 people are getting laid off per month, every month for three months in a row.
When you don't have money because you don't have a job, credit card payments become a very low priority. Collectors can call, they can write, they
can sue and win those law suits. If you don't have money there will not be a pay check to garnish. They won't be able to garnish your bank account
because once you go NSF for more then 30 days, that account goes bye bye.
When America loses the ability to swipe their plastic at the grocery store to buy what little food there will be during the coming farming
Envision a train racing down the tracks. Woot, woot! For some reason, that speeding trains falls off the track. The train explodes into a massive
Your a mile away. Life is good. Your living the fancy life. All these people worrying about life are morons; you live life for the moment. KA
BOOM! Your chopped meat. The end.
THAT is what's coming.
Maybe layoffs haven't hit your company yet so you think your recession proof. Yeah, you keep thinking that.
One day you will go to work and everything will be great. You'll get called into your boss' office assuming your going to get that "that a boy"
because your so awesome.
6 months later-homeless
The recession has barely begun. Think the market has bottomed out? Think again.
When the farming industry runs out of money, stocks will tumble and crumble.
In 19 months, the DOW lost 50% of it's highest achieved level. It took about a century to reach that point. 50% less in 19 months.
That's a crash folks! And the end is not in sight.
As far as the banks are concerned, the credit card industry is on the verge of crashing and burning. It's about the only way the banks are making
money; that and these bogus bail out programs which are not being used for what we were told they would be used to.
"I don't know what happened to that money."
Do you believe that?
I don't want to get in trouble for promoting a resistance or anything like that. So if we aren't going to fight back, let's all just bend over in
unison and get this over with.
Just my opinion. If anyone needs me for anything, I'll be hiding in the closet, curled up in a fetal position sucking my thumb while I silently
Let me close by saying this; Do something to make the founding fathers proud.
[edit on 3/1/2009 by Genfinity]