PDA

View Full Version : Bailout Going to Foreign Banks - Wall Street Sold America Out




BeFranklin
10-02-2008, 05:49 AM
Its been talked about a little in the last few weeks, and we've been watching how the Federal Reserve has been pumping out money for foreign banks, but the economic section has a good post on how the bailout bill has been specifically written to allow foreign banks to be funded by looting America. And veto has been threatened if those provisions are removed.

America has literally been sold out by Wall Street.

There is also a good article floating around on how Goldman Sachs has benefited from this each step of the way, with Paulson is its former CEO.

http://www.ronpaulforums.com/showthread.php?t=159983

Congressman Brad Sherman, Rep. CA - on Kudlow and Company

The bill is very clear, assets now held in China and London,
can be sold to US entities on Monday, and then sold to the
treasury on Tuesday. Paulson has made it very clear he
would recommend a veto of any bill that contained a clear
provision that said if Americans didn't own the assets on Sept
20th that it can't be sold to Treasury.

Hundreds of billions of dollars are going to bail out foreign
investors. They know it, they demanded it, and the bill has
been carefully written to make sure that can happen.

BeFranklin
10-02-2008, 05:53 AM
Notable among the members of Bush's cabinet, Paulson has said he is a strong believer in the effect of human activity on global warming and advocates immediate action to decrease this effect.

And one of that type too.

BeFranklin
10-02-2008, 06:05 AM
http://www.ronpaulforums.com/showthread.php?t=159983

Sherman, Rep. CA - on Kudlow and Company

The bill is very clear, assets now held in China and London,
can be sold to US entities on Monday, and then sold to the
treasury on Tuesday. Paulson has made it very clear he
would recommend a veto of any bill that contained a clear
provision that said if Americans didn't own the assets on Sept
20th that it can't be sold to Treasury.

Hundreds of billions of dollars are going to bail out foreign
investors. They know it, they demanded it, and the bill has
been carefully written to make sure that can happen.

freelance
10-02-2008, 06:45 AM
Be, I'm really beginning to believe that the US has been held hostage by our inability to service our debt to China. Isn't it interesting that Europe has been vocal about passing this bill, but China hasn't said anything directly related to the bill.