THE BAILOUT: WHO REPRESENTS US?
The Bailout: Who Represents Us? Congress, Bailout, democrats, republicans citizens real realty mortgage structure bailout peter schiff jim rogers Merrill Lynch george soros max faber lehman brothers assume stearns citigroup change Hank Paulson Alan Greenspan Ben Bernake www.mutualfundcenter.com http www.fentonreport.com www.fentonreport.com www.fentonreport.com … aig bonuses frugalness stocks stock mart financials bailout humbug ponzi statement psychotherapy movie semipolitical advertizement grassroots …
you got it– two of the best reps in Congress!
Who is representing you Bruce?
Ron Paul and Dennis Kucinich that’s who! And they know that the Federal Reserve is what makes all of these bailouts and evil schemes possible.
AUDIT THE FEDERAL RESERVE! YES ON HR 1207 AND S 604!
Countries will never listen to their people.
The problem I have is thah the bailout goes against everything about capitalism. Big companies and corporations have been bullying smaller companies for generations and now that there hurting the govt gives them free money, bullshit. They need to own up to there mistakes and recognize karma
Let’s stop killing world all of you.
New New World Order 国際連盟ＳＡＧＥテーマソング「ピース・オブ・ザ・ワールド」♪ KAZUKI&SIZUKU ♪ United Nations SAGE Theme Song「Peace of the World」・(KAZUKI)2009年 国連ユネスコ世界遺産音楽祭エグゼグティブプロデューサー
ASIA政治経済協力機構 代表中井天山
to continue… Americans who were not affected by the recession are no worse today than they were before, and those who lost jobs lost them BECAUSE of large corporate failures. The government helping these companies does nothing to hurt the everyday american.
To repeat. This plan doesen’t give money to rebuild the burned out house, it just keeps it supported until it can be taken down safely.
Suporters: Delong, leonhardt, blinder, augar. Probably depends on ur definition of independent
I think there is a fundamental concept you are missing. The government is not trying to help companies that failed or reward their failure. The government doesn’t give a rats ass about the companies and rich execs. But they do care about the jobs that those companies provide, directly but more importantly indirectly. If these companies fail, the flow of money stops, and that leads to layoffs and other bankruptcies. This is why it was so bad when Bear Stearns and Leahman failed.
1) who? what independent economists think this is a good idea?
2) when in human history has such a plan of giving to failure worked
3) yes, they ARE being given money for mistakes – firms who did nothing wrong who did NOT buy subprime cant get the taxpayer money
4) this is far more likely to cause a depression than prevent one
5) doesn’t hurt the average American?!? have you looked around lately? people are losing jobs while Wall Street execs drive Ferraris, so much for the little guy
No real economists who are “independent” are against the bailout. And FYI the money isn’t being used to bail out companies for their colossal mistakes, but to save america from another great depression. But i guess a depression does mean much to you, just to people who lose their jobs and dreams
Also spending extra taxmoney doesen’t hurt the average american, just the super rich ones who are really just paying back for what they did to the economy. The rich who cleaned up before now will pay.
Are the Tax Payer or a Greed Monger from Wall Street?
MONEY TO THE PEOPLE…… screw giving the bail out money to ANY Wall Street Co – Give the people the money, as they spend it it will fix economy, stop forclosures, get america out of debt, etc.
PLEASE join my protest to the Bail out and answer 1 question on camera: “How would you spend $297,000 dollars?” – That is the amount of BAIL OUT money given to the people….C’MON AMERICA, JOIN US IN TELLING THE GOV HOW WE COULD FIX THIS ECONOMY!……. The Fight Isnt Over YET!!
let not pay our taxes lets take our money out of the market and banks. fuck it man.
yeas, i made an annotation, he supports some aspects — not the best example but he does want mark to market which makes sense– also, he isn’t really independent since he has ties to major banks
the borrowers, the lenders, the banks and the government are all at fault………but the ones who will pay are the taxpayers
The banks that take the plan lose money. Only the non-payer who bought with zero money down and lied on their mortgage application make money. I know you’re not doing it, but to blame the lenders is inexcusable.
Warren Buffet if for it!
Is there any individual representation in a Socialist country? USA = United Socialist America!
Bruce, with all those derivatives relying on counterparty payment etc, which the big banks run, alot of ‘investments’ and deposits in major firms could disappear if a hands-off approach is taken, no? If the overwhelming proportion of public knew this (most just go about daily lives) do you think they’d be so for it? Those who’ve got their arse covered are against, those who’re getting the cash are for, and those who dont know either way are in the middle