Comments on: Stocks Mixed In Wake Of Mortgage Bailout

Federal Reserve, Treasury Department Hoped To Boost Investor Confidence In Mortgage Giants

[lovegetpeace]

Posted by getoffmine at 01:44 PM : Jul 14, 2008

After USA Enter the 4th Great Depression, Mexico will buy USA for a penny on the dollar.

[wardoglrs]

%u201CCompetition [i.e. capitalism] is a sin.%u201D
%u201CI want to own nothing and control everything.%u201D
%u201CThe ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun.%u201D
John D. Rockefeller (Fascist cartel robber baron and promoter of the U.S. %u201CFederal Reserve%u201D Act in alliance with the Rothschild bloc. 1839-1937)

%u201CI don%u2019t care who the government is. Let me control the money and I will control the country.%u201D
Mayer Amschel Rothschild (attributed to the German godfather of the Rothschild bank cartel and grandfather to heir Lord Baron Nathaniel Mayer de Rothschild: owner of the Bank of England and a key promoter of the U.S. %u201CFederal Reserve%u201D Act. 1744-1812)
"Every citizen should be a soldier. This was the case with the Greeks and Romans, and must be that of every free state."
Thomas Jefferson

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
Thomas Jefferson

[wardoglrs]

President FDR (on Fascist rule in a letter to corporate con man %u201CColonel%u201D Edward M. House, a founder of the Council on Foreign Relations and political fixer for the ruling class. House also handled President Wilson for the foisting of the privately rigged %u201CFederal Reserve%u201D Corp bank monopoly. 11/21/ 1933)

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson, Letter to Treasury Secretary Albert Gallatin (1802)


"Paper is poverty,... it is only the ghost of money, and not money itself." Thomas Jefferson to Edward Carrington, 1788

Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives. -James Madison

%u201CThe end of democracy and the defeat of the American Revolution will occur when government falls into the hands of [private cartel] lending institutions and moneyed incorporations.%u201D
President Thomas Jefferson (a founder of America in condemnation of present and future monopoly money power. 1743-1826)

[david1737]

McCain''s econ. Guru and co-chair of his campaign Phil Gramm was quoted as saying:

"We are a nation of whiners."

Google Gramm Leach Act and find out how Gramm caused the Subprime meltdown.

[marshall_nee]

Bloomberg Breaking News: Washington Mutual may be in trouble!

Posted by whitemale08 at 02:41 PM


Lehman are looking a bit shaky as well to say the least, they should be be alright however, cus they have a stake in the FED.

[david1737]

Deregulation. The legislation which paved the way for the Subprime meltdown was called the Gramm Leach Act.

McCain''''s economic Guru and co-chair of his campaign is Phil Gramm one of the those who drafted this legislation.

Gramm is key to McCain''''s econ. philosophy.




Quote from AP article:

"The general co-chairman of John McCain %u2019s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law (see Gramm-Leach Act) which contributed significantly to today%u2019s Sub Prime meltdown and economic turmoil."

Google Phil Gramm and find out more!

See you at the voting booth.

[david1737]

jtdev1

At an estimated 5.4 trillion at stake we can''t afford not to bail them out.

The other choice would most likely make the Great depression look like a Bull Market.

[whitemale08]

No more sermons on patriotism from junkyard dogs like Glenn Beck and Sean Hannity.

Enough with the patriotism pastors!!! We don''t need lectures on what it is to be an American! We need solutions for this failed economy!

[david1737]

If there''s one thing McCain''s promised it''s continued policy of deregulation.

McCain was on of the Keating 5.

This stems from the S&L scandal of the late 1980s which was the result of the deregulation of the savings and loan industry.

Combine this with the McCain campaign''s close ties to Phil Gramm and you''ve got cause for real trouble.

Google gramm leach act and find out more.

[jtdev1]

Bail me out Scottie...

Ooops, I mean Beam me up Scottie...


This whole thing is a joke. Can wait to see the effects of this bail out... Can we really afford it? Where will they stop?