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Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans!

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posted on Jul, 29 2009 @ 02:52 PM
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America is being looted. This is similar to what happens during a riot or after Katrina. People start breaking into places and stealing anything that's not tied down.

Your pensions are being looted
Your savings are being looted
Your bank accounts are being looted
Your wealth are being looted
Your health care choices are being looted

You're being looted at the gas station
You're being looted at the grocery store
You're mind is being looted while you watch TV
You're being looted by only having a choice between Socialism or Fascism
You're personal freedom of choice is being looted
You're personal liberties are being looted

You are not being looted by some petty thief or a con man but by your government. Your oh so trusted government. Don't worry the government has everything under control.



This is why i still have hope for The US and the American people, Because of people like Kucinich.. God bless him..




posted on Jul, 29 2009 @ 03:27 PM
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Im abouyt all looted out. yep... Guess its a life of crime for me now. NOW all you good citizens can pay for my three hots and a cott.. Whatcha think about them apples????

MessOnTheFED!



posted on Jul, 29 2009 @ 03:36 PM
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Exactly, I have even heard of programs for convicted felons that train them for future high tech and green energy jos. The taxpayers are paying for this but for me to recieve this training, I either have to go to prison or pay 75,000 bucks. WTF???



posted on Jul, 29 2009 @ 03:43 PM
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Thank you for posting. Kucinich needs to be the speaker of the house not Pelosi. This guy always addresses the heart of the matter.



posted on Jul, 29 2009 @ 03:48 PM
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i've always thought Kucinich was one of the few good men thats left, i've followed what he has been saying since.. well for many years now.

why don't people talk about Kucinich like they talk about Ron Paul?



posted on Jul, 29 2009 @ 03:50 PM
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I'm confused about this - what kinds of people qualify for a loan but can't get one? I just recently got a used car loan. My coworker is building a new house. Another one just moved into a new house. They don't seem to have trouble getting loans. Are we talking small business loans for like hundreds of k's of dollars?



posted on Jul, 29 2009 @ 03:57 PM
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reply to post by Darth_Prime
 


I do. I voted for Ron Paul though. A lot of Ron Paul supporters dislike Kucinich because of his social agenda. However, I've gotten past all the politics and I'm just wanting honest people that can think of the issues, and have a motive to help Americans first. Even Ron Paul has recently stated that if we want socialized medicine then stop all the spending everywhere else, and it makes it a hell of a lot easier to fund a national health program. There is no reason our country cannot afford some type of insurance plan that covers everyone. The problem is then what? Are priorities are all over the map, literally, our policy is so out of wack that it makes helping Americans first nearly impossible. You want insurance for everyone...do this...cut all payroll taxes if a person signs up for their insurance using those dollars to fund insurance instead...and while your at it allow the employers taxes to cover the insurance as well. Then there is no cost increase and everything is funded. But that means our military won't get our their new toys, and research funding.

There are so many ways, and hardly none but Kucinich and Ron Paul point these alternatives out.



posted on Jul, 29 2009 @ 04:01 PM
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This is happening globally.If you tally up most industrialized countries *bailouts* the number would be staggering.In the creature from jekyll island(book) he describes exactly what is happening right now and the fear created from the to big to fail,we have to save the banks! mentality.It's a scam,but sadly it is one that we need to go through because of the system we live in and fuel in our day to day lives.



posted on Jul, 29 2009 @ 04:08 PM
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Honestly, this just makes me wonder if they ever really lost any money in the beginning if they can continue to operate and still place all the bailout money back into the fed.

And as one poster said, there are people out their getting loans. However, I doubt they are the ones with bad debt. Can't say I blame anyone for that but how about people with good credit that lost their job and home because of this?



posted on Jul, 29 2009 @ 04:19 PM
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I've never been a big Kucinich fan (I live in his district) but every now and again he says something that actually makes sense. The govt can only maintain control over you if they can keep you under their thumb. The same folks who can't get loans will end up being cared for under the Obamacare plan. Once he has you in the circle you are stuck.

The funny thing about our govt, big corporations and Obama is that they are all amoral institutions. They are all solely in the business of making money and acquiring power. They could care less about the well being of you or me. We are nothing more than a source of revenue. When Obama's supporters figure this out we may actually see a change in 2012 in order to undue this mess that we are now in.



posted on Jul, 29 2009 @ 04:24 PM
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Isn't making loans to struggling Americans what go us into the housing crisis in the first place?

Being that this is coming from Kucinich is why I don't take it too seriously?

I don't think that after the credit crash that banks need any guidance from the federal reserve on who to lend to.



posted on Jul, 29 2009 @ 04:33 PM
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The KoosKoos is a good man however his notions of what will repair the economy are misguided.

He's mad at the Fed for tightening credit, which of course the Fed wants because that's how they implode the economy, they cut off the money supply. Such an implosion is a calculated undertaking by the banking establishment. They inflate and deflate the money supply to their gain.

However MORE credit means MORE debt, which is the last thing our nation needs right now.

What needs to happen is for the interest rates to increase and for the dollar to drop against the Yuan - in combination with a liquidation of current debt.

So the Fed's actions to increase interest rates to encourage savings is a good thing, the Fed's actions to bailout failing industry under an ever increasing debt burden is a bad thing.

Ultimately it is our system of debt based money that is to blame.

The nation can not forever go on borrowing its way to prosperity. The debt has to be wiped and a dollar that is not based on debt needs to be created.

The banks will ensure neither of those things ever happen though.



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