nytimes.com — Treasury Secretary Henry M. Paulson Jr. said Wednesday that the $700 billion government rescue program would not be used to purchase troubled assets as originally planned.He announced a new goal for the program to support financial markets, which supply consumer credit in such areas as credit card debt, auto loans and student loans.
Nov 12, 2008 View in Crawl 4
jkapNov 12, 2008
Send your letters of thanks to Barack H. Obama for endorsing this "bailout" in the Senate (along with War Party twin John S. McCain) in the form of a $700 BILLION revolving line of taxpayer-underwritten credit for government-connected Wall Street Welfare Queens.The National Socialist 25-Point Program included these kinds of provisions for the nationalization and division of profits of business and industry. I guess it doesn't bother any of the Red-Blue Koolaid drinkers that history is repeating itself.<a class="user" href="http://en.wikipedia.org/wiki/National_Socialist_Program">http://en.wikipedia.org/wiki/National_Socialist_Pr ...</a>
striker101Nov 12, 2008
if this weren't so horrid, it would fit so well into my liar's joke-book. They passed a bailout the knew we didn't want, and should have known wouldn't work, so now dictator Paulson becomes willing to risk prosecution and diversion of a mighty big chunk of $$$$$$$$$$$$. Funny thing, that won't help either. Everyone has forgotten that one of these days Gov is going to have actually PAY it's bills, without taxpayer's forced contributions, yet!