no the best plan is let them fail meaning wall street , and instead of giving them 700 billion give to all the taxpayers to pay off their motgages. then the banks will recoup most of thier money and the taxpayer can have more money to spend
I am for real it could happen BUT you must get involved, citizenship is not a spectator sport. what did the french do to marie antionette? Do the French have more balls than Americans?
Bush and you Cramer fail to say the finacial terrorists who put Americans in this predicament SHOULD BE PUNISHED! No one adresses this important ISSUE. Each and everyone should be stirpped of every penny and asset and thrown in jail for life. The charge TREASON against the United States of America. There are many people who know what is going on and we are spreading the facts and we are leigon. Here is one for all you people out there, You know why it got worse this week? Becuase Bernake has pulled 125 billion in Liquidity out of the system since 9/18/08. This has caused credit spreads to widen and credit to become more expensive, The question is if we are in such dire straits why pulll the Liquidity, Why? To force the bailout through without questions. And Bernanke said on 9/23 that the toxic debt should be bought by us ,the taxpayers at maturity rates based on flawed computer models that were based on home prices increasing NOT declining. which means way above where they were when sold in first place. And that is why GS and MS became bank hoding companies now. They get a tax advantage in buying debt from converting , yes more oversite and regulation BUT A HUGE TAX ADVANTAGE. And after a few months the treasury will begin to sell the debt to the both of them for pennies on the dollar saying they have no choice the American people need to recuop as much as possible to lower the national debt. This has been all planned out from Day 1 and now the only thing holding back this bailout is who gets what, the Democrats and Republicans are cutting up the booty and arguing over who gets what, its a done deal and has been since announced. You are being played and the only way to avert this is by calling your senators and representatives and saying no way , no how, let them go bankrupt. AND PROSECUTE TO THE FULLEST EXTENT OF THE LAW THE THE TREASONUS ACTS THAT WERE COMMITTED AGAINST AMERICAN CITIZENS!
Nuclear Winter Pick - Cramer's Mad Money (9/24/08) [View article]
Nuclear Winter Pick - Cramer's Mad Money (9/24/08) [View article]
Nuclear Winter Pick - Cramer's Mad Money (9/24/08) [View article]