Wow!!! $700,000,000.00+ or nearly a TRILLION dollars to rescue us from... I apologize I meant to say to rescue the worlds largest banks and financial institutes from failure, bankruptcy and I guess even...foreclosure. Isn't that funny?
The thought of rescuing these firms from a type of foreclosure when they have foreclosed on so many Americans and caused them to lose their homes. When people were losing their homes, the response was "Oh well, these people couldn't afford these homes anyway." Well shouldn't the response be "Oh well, these companies can't afford to be in business anyway"? When I started my business more than 10 years and a few years later ran into problems, the option wasn't there that the US government was going to rescue me, then tax payers flip the bill and I get a fat payday when I am fired from my company.
When we as a country went after Bin Laden in Afghanistan, we not only went after him with military force, we went after all of his money trails, banks, income and etc. To me that was very smart. We knew that the best way to cripple a movement, business or even nation is to freeze their money or take it from them. I wonder who is trying to cripple the USA? Because the best way to cripple a nation is to freeze, tie up or take their money (power and influence) from them.
Federal Reserve Chairman Ben Bernanke, said if we don't move now and move fast, Americans will lose jobs, homes will be foreclosed and basically America will be at the brink of a bigger Great Depression. Those are some pretty scary words, I believe they were scary on purpose to scare the US into making a hasty decision about giving away a Trillion dollors.
Should we bail out? Yes & No! Yes we should bail out the American people to be able prosper and energize the economy. No, we should NOT bail out those enterprises that were irresponsible with their foresight of money handling. Let's test the waters to see if America will fold like Ben Bernnanke said if we don't pay out a Trillion dollars. I don't believe it and I don't think most Americans and politicians believe it either.
How do you energize a nation with a trillion dollar tax burden along with $10 billion a month in Iraq and the people are not at all backing it up? The Holiday season is fastly upon us. Will Americans not celebrate, or do they go deeper into debt? Either way everyone will hurt.
We need to find out who wants to cripple the USA, trace them back to any associations with those pushing the ideas of a Trillion dollar buy out and then we will know. America has very few friends in the world nowadays including Europe, Asia, and the Middle East. It would be to most of these nation delight to see America become an impotent nation.
No Bail out! Let's check the Federal Reserve or it's international partnerships to see if it has a stake in seeing the US crippled. Whoever is behind it wants us to shoot first and ask questions later. A visual needs to be created for the American people to see that explains how this is supposed to help them and what it is to prevent in the future.
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