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Comment on:
When Governments Lie
Justice - Out of Bounds
2 Comments
Monday, March, 23, 2009 12:36 PM
John
writes:
Dog and Pony show again
This outrage we are seeing by the very people that underwrote the exemption of the AIG bonuses is the same outrage the country sees in the Madoff case.If the people would focus more on how badly their kids and grandkids are beimg "Madoffed" by the Federal government,maybe the accumulative outcry would be enough for the Congressmen and women coming up for re-election in 2010 to reassess their votes and attitude about these massive liberal wish list programs that have been packed not so neatly in the tarp1,stimulis and Budget bills.Back door national health care that the Dems did not get a single vote for in '93 passed in these bills,bypassing the courts and individual scrutiny.If taken one by one,these amendments would be shot down by half.The only crisis this economy had/has is the banking/loaning system.We once again gave hundreds of billions of tax dollars to banks carte blanche.Nobody can tell me with a straight face the leaders we voted into office could not see this backstabbing banks strategy.How easy would it have been to put clauses into the bailout money that would have made the banks loan this money to private sector companies and start job creation instead of the banks propping themselves up to be even bigger.Investing in overseas banks,putting punitive interest rates and other strings on the money that was supposed to kick start the cash flow problem.The people are sick of Congress.The 9% approval rating before the election should have told a much larger story.How it is larger now is a mystery to me.Once again-if the mainstream media would report the truth about Democrats controlling the purse strings since the '06 election,the average Joe would put his rage where it belongs.
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Monday, May, 18, 2009 2:59 PM
cybermom
writes:
Well said
All of what you say hits the nail right on the head. Fannie Mae and Freddie Mac did NOT put this country into bankruptcy. That's ridiculous. Home loans that went defunked did NOT cause it either. There is a MUCH larger issue going on - and these 'home loans' and whatnot that are so loosely discussed, are NOT defunked by Freddie Mae and Mac - but by the banks. AIG bailouts - obviously they're in someone's back pocket and we the people feel too small to stop it. Bank bailouts are for those people with LARGE sums of cash in banks that simply want to feel safe - because NOT ONE BANK has truly failed from this 'economy' crisis - WITHOUT a bailout. Hmm.. wonder about the legitimacy of those bailouts... huh?
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