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View Full Version : Gov to purchase stake in banks




Pauls' Revere
10-08-2008, 10:37 PM
Dont see how this is good.

http://biz.yahoo.com/ap/081008/meltdown_paulson.html

Ex Post Facto
10-08-2008, 11:05 PM
and here.

http://news.yahoo.com/s/nm/20081009/bs_nm/us_financial_banks_treasury

Not good at all...welcome to communism folks.

Pauls' Revere
10-08-2008, 11:42 PM
I feel helpless...

Ex Post Facto
10-09-2008, 01:23 AM
I wonder how this would even help? Wasn't the bailout to buy assests from banks to free up credit liquidity? Another deception by the Bush administration...Why would you buy stake in a failing business? Why wouldn't you buy off some of their assests that are liabilitities? Unless the plan is to put stake in banks that will fail anyway? Maybe they don't even want the money to fix anything...maybe it was just to bankrupt our country?

JenH88
10-09-2008, 06:21 AM
Ugh.. maybe this is why I couldn't sleep all night, no good news this morning.

Didn't take them long at all to get ready to use those new powers- they're like kids in a f*cking candy store..

ghengis86
10-09-2008, 06:25 AM
this is great news if you're a communist/socialist. Uncle Karl would be proud

JenH88
10-09-2008, 06:40 AM
I'm so full of anger, rage, sadness, hopelessness.. I hate the sheeple.. god, this is really bad.. TPTB are not f*cking around in the slightest.. welcome to futher communism and socialism my fellow slaves.. =(

salinaspaul
10-09-2008, 07:17 AM
http://i41.photobucket.com/albums/e290/salinaspaul/all_your_base.jpg

enjerth
10-09-2008, 10:29 AM
http://i41.photobucket.com/albums/e290/salinaspaul/all_your_base.jpg

LOL that's great.

Is that what he said to convince congress to give him $700 billion?

"You have no chance to survive if you take your time."
"Ha ha ha ha."

For great socialism!
Vote for extra pig!

We know what we doing!
Vote for extra pig!

hillbilly123069
10-09-2008, 10:33 AM
Socialism.

JenH88
10-09-2008, 12:57 PM
No.. it's communism.. socialism we would all have a say in this..communism ideally just one person is making the decisions- I.E. Sec. Paulson..