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The bailout bill means total financial dictatorship. This bill gives the death penalty to capital markets. The execution will, if this passes, begin immediately and be stretched out over succeeding years.It includes such nooses as:
1. The Secretary of the Treasury (Finance Czar) gets complete power to buy up any mortgage-related assets he decides on. No questions asked.
2. The Finance Czar (Secretary) and the Fed Chairman get power to buy ANY FINANCIAL ASSET (wow!). They need only inform Congress in writing what they are up to.
3. The Czar can buy troubled assets of ANY financial institution he decides on.
Originally posted by RFBurns
Perhaps the people of this nation should boycott paying taxes.
No taxes paid..no way they can rip us off...simple.
Cheers!!!!
Did you all ever figure out one thing?? If they markets fail, the rich are poor as well. Why would they want to shut it all down and join us all in a rocks and sticks war? They don't want that..
Originally posted by DimensionalDetective
reply to post by GrndLkNatv
Land? Food? Fuel? Water?
Who says it will have ANYTHING to do with paper currency? These maniacs are going after something MUCH bigger...
What good is a dollar if nobody will take it? What good is a product if nobody will buy it? Get it, only an idiot wants to own it all..