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.
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.