The Main Street - Wall Street Bout, Round Two [View article]
@constructe <--- do you have some numbers on consumer loans rising compared to bank-to-bank loan numbers falling? I'd love to use some of this info on a piece I'm writing
The Main Street - Wall Street Bout, Round Two [View article]
If we go by the governments own numbers, we're not in a recession, have positive GDP growth, and low inflation. Am I missing something? I mean, this sounds really terrible. Growth, stability. Oh, you mean that they lied about those things. Ah, yes, I'm sure they'll be much more forthcoming when they talk about wanting a trillion dollars with no oversight, immunity from possibly prosecution in the case of misuse of funds, and the person in charge of spending the money having over $400 Million of his personal wealth surprisingly in the last-company-standing in this whole mess. Didn't Paulson just say that everything was fine and that market fundamentals are strong just a few weeks ago?
Is the $700 Billion Really for Bailing Out the Fed? [View article]
If the Fed gets it's bailout this weekend, it's time for a mass RECALL election campaign (lieberman.senate.gov/d...) come Monday. Petitions need to be drawn up in all 50 states for a special recall election for each Senator and/or Congressman/woman that has voted for the ~$700 Billion Fed Bailout and/or Frannie Bailout and/or $25 Billion GM/Ford/Chrysler Bailout and/or supporting an possible upcoming $150 Billion FDIC Bailout. To expropriate our savings though massive currency devalation (leading to hyper-inflation), circumvent capitalism, and accepting bribes from the very organizations who they are now saying need to be bailed out (opensecrets.org) is nothing short of deriliction of duty -and possibly criminal. RECALL elections work. They allow harmed individuals to easily have their say at the ballot box. They target and eliminate complacent politicians and put their political ambitions on ice through a quick and disgraceful end. They target an action which will not be tolerated and sends a clear, loud, decisive message to those weighing in their mind whether or not they will follow the same path. RECALL elections allow for localized actions to be taken en route to tackling larger issues -and they get a much needed discussion going at the local newspaper/church/town-... level. Anyone, feel free to add to the post with your states RECALL regulations, details, and/or RECALL petitions already started on this topic.
The Main Street - Wall Street Bout, Round Two [View article]
The Main Street - Wall Street Bout, Round Two [View article]
The Main Street - Wall Street Bout, Round Two [View article]
clerk.house.gov/evs/20... <------ how your congressman voted on the bill
We've got some work to do to make sure that Socialism does not trump Capitalism in our government come the planned re-vote on Thursday/Friday
Is the $700 Billion Really for Bailing Out the Fed? [View article]