THe American people are getting robbed!

[Mega]

http://www.telegraph.co.uk/finance/f...an-people.html

Sorry, can't stay & chat i get DEPREESION problems again, i had to back on med-a-cation. Try to talk tomorrow.

Mike

[Supercilious]

Re: THe American people are getting robbed!

Thanks for the link Mega. Here is an interesting quote:

Professor Stiglitz, speaking at a conference in Hong Kong, said that the US government is essentially using the taxpayer to guarantee the downside risks, namely that these assets will fall further in value, while the upside risks, in terms of future profits, are being handed to private investors such as insurance companies, bond investors and private equity funds.

"Quite frankly, this amounts to robbery of the American people. I don't think it's going to work because I think there'll be a lot of anger about putting the losses so much on the shoulder of the American taxpayer."

The truth is that US has been taken hostage by the banksters. Therefore they will do again the apocalyptic circus they did before the bailout .. .with total economic collapse and declaring state of emergency ... and the Clowngress (with a few notable exceptions of honest politicians) will find an excuse to aprove the new scam with overwhelming majority, in order to keep the contributions/bribe money flowing... it's all for the "good of the country"...:rolleyes:

Therefore, IMHO, the new plan will be implemented and the taxpayer fleeced with another fraudulent, private Wall Street tax....

[ricket]

Re: THe American people are getting robbed!

Therefore, IMHO, the new plan will be implemented and the taxpayer fleeced with another fraudulent, private Wall Street tax....

Congress is playing with fire.

They are *trying* to piss off the true J6P American so that J6P loses it and goes nuts and goes on a rampage. Congress will then take our rights away and use "domestic threats" as an excuse to quell dissent.

I'm waiting for the final spark that is going to set the American public over the edge. There *will* be blood in the streets, and we must not forget those that are responsible for this mess.

Personally, as long as they leave me alone, then I am fine, but you better not come to me and try to take away the very basics that I need for my own survival. You're not going to screw stuff up because of your greed and expect me to "contribute" to cleaning up your mess by stealing my property. You better be ready to die for your greed.

[petertribo]

Re: THe American people are getting robbed!

http://www.telegraph.co.uk/finance/f...an-people.html

Sorry, can't stay & chat i get DEPREESION problems again, i had to back on med-a-cation. Try to talk tomorrow.

Mike

In the article Stiglitz says:

"Quite frankly, this amounts to robbery of the American people. I don't think it's going to work because I think there'll be a lot of anger about putting the losses so much on the shoulder of the American taxpayer."

So, who cares when Bernanke or co-crook Geithner announces what Guns, Escape Vehicles or Windows, they will use to do the job?

Massive Crime Wave, very simple. No cops in sight, they work for the Government and the Crooks also on your Tax Dime. Remove your valuables from the Crime Scene.