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I hope that dems and reps decide against any kind of bail-out.. Let em fail. We will recover.

 

I agree but I doubt this will happen. Too many powerful people want this passed. A bailout bill will be passed with enough added language to make it easy to convince the American people that it was in their best interest. Anyone who is against socialism should be against the bailout as it is the worst kind of socialism. It would make the problem worse by increasing government intervention, which is what got us here to begin with. Well, that and the federal reserve.

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That is great news. Fuck the banking industry here. Stocks didn't tank because they expected the taxpayers to bail them out and give the fat cats their bonuses. Now they tank because they find out how bad it really is for them. FUCK THEM for the time being. Maybe their Boards will empty out of scoundrels now.

Edited by Twinsen
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Dems are the ones that killed this bailout. DONT LET EM LIE!

Exactly. They have enough votes to get this through if they wanted to but they are holding off because they don't want the blame of a failed bailout to rest solely on them. They wanna be able to blame the republicans, and they need their votes to do so.

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Bailout/bullshit, both small the same. We need to applaud both the House GOP, and the House Blue Dog Dems. for shooting this down.AND a special thanke to Nansy Pukosi for giving a speach so repulsively and combatively partisan that the GOP grew some balls.

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Dems are the ones that killed this bailout. DONT LET EM LIE!

Exactly. They have enough votes to get this through if they wanted to but they are holding off because they don't want the blame of a failed bailout to rest solely on them. They wanna be able to blame the republicans, and they need their votes to do so.

 

From Yahoo news:

In the House, "no" votes came from both the Democratic and Republican sides of the aisle. More than two-thirds of Republicans and 40 percent of Democrats opposed the bill. Several Democrats in close election fights waited until the last moment, then went against the bill as it became clear the vast majority of Republicans were opposing it.

 

Thirteen of the 19 most vulnerable Republicans and Democrats in an Associated Press analysis voted against the bill despite the pleas from President Bush and their party leaders to pass it.

 

In all, 65 Republicans joined 140 Democrats in voting "yes," while 133 Republicans and 95 Democrats voted "no."

 

Most Ds voted for the bailout, most Rs voted against it. It's also interesting to note that those who were most vulnerable actually listened to their constituency while others didn't. Just goes to show you that government functions best when it is scared of the people. Hold those bastards' feet to the fire!

Edited by bigj480
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You guys know that this is an engineered catastrophe just like the one created by JP Morgan in 1907 that eventually led to the creation of a privately administered central banking system called the "Federal Reserve" right?You do know that this essentially is allowing JP Morgan to once again buy performing instruments from dying banks for a fraction of their value while flushing bad debt that under normal circumstances they would have to take(the good along with the bad) out the window,right?They didn't even bother to change the names of the key players it's JP Morgan once again!No bailout means that all of the good loans and mortgages will now be consolidated under the largest strongest solvent institutions and the crap debt will get dumped ruining borrowing power and driving inflation though the roof.

 

JP Morgan did this to us 100 years ago and the lack of a bailout plays right into their hands again.It was a win/win situation engineered from the start to consolidate wealth into fewer and fewer sets of hands.

 

All of you cheerleaders who think this has anything to do with political parties need to read up on the bank panic of 1907(also benefiting JP Morgan) and you will wonder how they did it again without anyone batting an eyelash.

 

 

Let me break this down even further:These JP Morgan pricks will get to take over the mortgage on your house,collect the interest from your payments and forclose on your house if you don't pay them for $.10 on the dollar.You don't get to buy your mortgage out for $.10 on the dollar but they do.

 

Inflation doesn't hurt you if you wealth is essentially 1/3 of the entire wealth of the United Corporations of America.a dollar could become worth $.02 in 2008 but if they own a 1/3 of the whole enchilada then they will just have more of that money printed up.

 

Notice how Bank of England is stepping up their currency swap rates and placing huge back end prizes for themselves into the deal to "save the US economy"? It was Bank of England in cahoots with JP Morgan that created privately held central banking both in Europe and the USA.They already had us by the balls but now they will literally own us.Our homes,our businesses,we won't be able to open a hotdog cart without letting them profit from it and ultimately have the tassles of the rug they can pull out from under us at any time firmly in their claws.

 

The only relief is that most of the big players in this are gentiles which totally shits on all of that Jewspiracy nonsense trying to blame the Zionist for everything from global warming to bad television shows,lol

Edited by SOPMOD
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You guys know that this is an engineered catastrophe just like the one created by JP Morgan that led to the creation of a privately administered central banking system called the "Federal Reserve" right?You do know that this essentially is allowing JP Morgan to once again buy performing instruments from dying banks for a fraction of their value while flushing bad debt that under normal circustances they would have to take the good along with the bad out the window,right?They didn't even bother to change the names of the key players it's JP Morgan once again!No bailout means that all of the good loans and mortgages will now be consolidated under the largest strongest solvent institutions and the crap debt will get flushed.

 

JP Morgan did this to us 100 years ago and the lack of a bailout plays right into their hands again.It was a win/win situation engineered from the start to consolidate wealth into fewer and fewer sets of hands.

 

All of you cheerleaders who think this has anything to do with political parties need to read up on the bank panic of 1907(also benefiting JP Morgan) and you will wonder how they did it again without anyone batting an eyelash.

 

+1

+10

+100

 

and twenty extraneous points for the sig line.

 

watch The Creature from Jekyll Island and Money as Debt.

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