Bailout Summed Up - Wall Street Vs. The People

[Menthol Patch]

I've came to the conclusion that the proposed bailout can be summed up very easily. Basically, the financial institutions are bankrupt and the nation is going to experience a depression with or without the bailout. However, if the bailout happens the rich fatcats on Wall Street will be protected, but we the people will experience a prolonged depression due to rapid inflation and the collapse of the dollar. If the bailout does NOT happen the Wall Street bankers will NOT be protected and we will experience a depression. However, the dollar will not be reduced in value as much and inflation may not go as high.

It's a battle between them and us.

[dsentell]

So Right!

I heard a guy on the radio last night describe it in pretty simple terms.

Paulson, Bernanke and all the pro-bailout scum keep saying that we need it because there is no money to loan out. If we want a car loan, a house loan, or a loan to send our kid to college, we may not be able to get it because the money just is not there.

So, this guy concluded, the bailout is so they can take our money, then lend it back to us and charge us interest for it. :mad:

It is a battle between them and us, at soooo many different levels . . .

[VIDEODROME]

Great. The ship is going down and this is a grab for the life boats.