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YOU JUST GOT SCREWED and Nobody Will tell you! URGENT!! watch!

house.gov — "Click" on Video "Housing Bill" Today as an American you got shafted. Unlimited printed money to bail out Freddie and Fannie, Raise the National debt by $800,000,000,000. Finger printing of all MORTGAGE people, and now ALL credit card purchases over the NET reported to the IRS!! All in one VOTE...IT PASSED!! Take 8 minutes and listen! Horrible!!

Who dugg this? Made popular Jul 24, 2008

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  • crxvfr, on 07/23/2008, -36/+879Isn't there a (discounted) presidential candidate that's been predicting this all along?
    People thought he and his supporters were crazy tin-foil-hat wearing idiots.

    Ever hear the cliche about the shoe being on the other foot?
    Wait 6-8 months and lets see who's wearing the tin-foil hat then.
    (as if anybody will be able to afford tin-foil)

  • flavioribeiro, on 07/24/2008, -13/+629THE BILL MUST NOT PASS IN THE SENATE.

    http://market-ticker.denninger.net/archives/525-RE ...
    SPAM ALL THE SENATORS ALL DAY LONG.
  • King0007, on 07/24/2008, -14/+537I know many people on Digg don't like Ron Paul, but this goes past any party affiliation. Just take the 8 minutes and watch, listen, & understand what this legislation means to you. It was not just legislation to help the mortgage crisis.....they slipped in several other critical items that the media will never discuss. Also, how can it be possible to pass legislation that uses Taxpayer money to bailout bad business decisions...... I hope you will take the time to spread this far and wide.......Thanks.
  • Kanele, on 07/24/2008, -6/+426fingerprints? wtf!
    credit card transactions reported to IRS? wtf!
  • kemp34, on 07/24/2008, -9/+338Pure outrage. The rug is being pulled out from under us and the cage is being built around us. Nice job congressional morons. Disgusting.
  • SoyJames, on 07/24/2008, -10/+332Disgusting. This is YOUR tax money being used to bail out rich investors who were so greedy that they just couldn't settle for usury of homeowners who could afford it, they had to try and fleece the poor too. They then sold off the lousy loans to poor countries and to our school systems as bonds. These ***** should be put in jail, not bailed out.
  • inactive, on 07/24/2008, -24/+333Don't blame me. I VOTED for Ron Paul.
  • King0007, on 07/24/2008, -4/+271Youtube Link

    http://www.youtube.com/watch?v=Wy6SlUpbnIU&eurl=ht ...
  • theNazz, on 07/24/2008, -18/+250Really makes me glad the wife and I skipped kids. Kids are for people with hope for the future. I don't have any.
  • inactive, on 07/24/2008, -4/+173Contact your senators - http://www.senate.gov/general/contact_information/ ...

    Here's a draft:

    "* It is unjust to “backstop” Freddie and Fannie when over $50 billion a year flows to investors who were supposedly taking risk in buying their debt, many of them being foreign governments, and now we’re asked to cover any shortfall with our taxes.
    * It is unsound to allow the FHA to underwrite hundreds of billions of dollars in “workout” mortgages when some eighteen percent of the loans they already have are delinquent, and nothing has been done about their unsafe mortgage underwriting standards.
    * It is unfair to bill us, the 80% of America who did not profit from or participate in the fraud of the last eight years for the cost of a “rescue” of dubious efficacy just so the 20% who already stole our wealth can avoid having to cover their own losses!
    * We are in this mess due to the overly-loose monetary policies of The Fed over the previous twenty years. You can’t fix someone’s drinking problem by giving them a bottle of whiskey. The addict must go through withdrawal; the easy money must be cut off.
    * These “easy money” policies are directly responsible for the huge commodity price boom, and we are now being asked to pony up for $4/gallon gasoline so the fraudsters don’t have to recognize their loss!
    * Refuse to pass HR.3221 , the “Housing Bailout Bill”, in any way, shape or form, and refuse to bail out Fannie and Freddie.
    * Direct The Fed to drain the excess liquidity from the banking system and force those institutions who have been hiding losses to accurately report and admit to them. This includes those who claim “value” in credit default swaps written by parties that have no possible way to pay the claims.
    * Encourage home prices to contract to sustainable levels, which are defined as an average home in a given area pricing at no more than 3x average incomes, so the 80% of Americans can afford a home.
    * Reinstate Glass-Steagall , the repeal of which is part and parcel of the root cause of this mess.
    * Prosecute all who committed fraud during the bubble years , including but not limited to borrowers, lenders, bankers, securitizers and ratings agencies.
    * Tighten standards for FHA loans so that they are sustainable.
    * Force all Credit Default Swaps (CDS) onto an exchange. We need to know who can pay.

    You can find specifics on these problems, and their solutions, at http://www.denninger.net/letters/2008-07-19-Lawmak ... I have read this document and endorse its contents."
  • lukemann, on 07/24/2008, -11/+177Just elect more Democrats they'll put a stop to this.... Oh snap this is their bill.....
  • King0007, on 07/24/2008, -11/+173Isn't it funny how Ron Paul seems to be the only one willing to fight for us? Why don't you here other congressman talking like this?

    That Ron Paul sure has some "KOOKY" thoughts! Go back to the Constitution, and wants government out of your life.....that is one "wacky" man.

    http://www.campaignforliberty.com/
  • mshtml, on 07/24/2008, -5/+166These types of bills will keep passing until the majority starts listening to common sense instead of making fun of people like Paul who are trying to help them.
  • inactive, on 07/24/2008, -32/+193Diggs like this and like the one I posted below go to show you that in most of his positions Ron Paul is right especially on the war and the economy and the Right to life for innocent American babies and innocent Iraqi & Afghani babies.
    http://digg.com/world_news/Cindy_Sheehan_Salutes_R ...

    join Ron Paul's camapign for liberty today and lets see if theres anything we can do to prevent facism, war mongering, saving the devalued dollar, big government, and a possible police State
    http://www.campaignforliberty.com
  • terminalpariah, on 07/24/2008, -84/+228RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL! RON PAUL!
  • theaceoffire, on 07/24/2008, -4/+148McCain is a joke compared to Ron.... I really, truly wish Ron Paul was going against Obama instead of that sellout.
  • inactive, on 07/24/2008, -5/+134Does anyone see how CRAZY this is? WE pay off the banks bad debts, the banks give our credit card data to the IRS, they in turn collect more tax from WE who paid off the banks bad debts.....ARRRGGGGGHHHHH!
  • inactive, on 07/24/2008, -6/+126The US Congress... taking from the Middle Class and giving to the Ruling Elite.
  • inactive, on 07/24/2008, -11/+128Ron Paul hit the front page in record time. Just 3 hours. Take that you trolls!
  • crowbar77, on 07/24/2008, -16/+127Don't worry guys Obama will personally oversee the spending of this money when he gets into office. This is a compromise we can believe in.

    /sarcasm
  • inactive, on 07/24/2008, -10/+119good medicine= Ron Paul!!
  • PainToad, on 07/24/2008, -12/+120Dear America,
    You're welcome to move here.

    Regards,
    Australia
  • DeathJux, on 07/24/2008, -6/+112You realize you're preaching to the choir, right? Digg was roiling with Ron Paul mania for a few months, so just about everyone here is aware of what he stands for and what he predicted.

    Now, if you could get that message out to Joe Average, then we'd be closer to getting somewhere.
  • jeb24, on 07/24/2008, -4/+104All credit card transactions are now monitered by the IRS, not just the transactions over the internet.
  • UberNeo, on 07/24/2008, -3/+90600 page bill???? Wow, those Congress members must have been reading this thing for the last week or so. Man, what a hard job! Wonder what's hurting more - their eyes or my head?
  • inactive, on 07/24/2008, -5/+91I don't suppose there is any point in reminding them that the fourth amendment was written to prevent such things as the IRS monitoring all credit card transaction. You won't even be able to fill your car up with gas on a trip without them knowing exactly where you are!!!
  • inactive, on 07/24/2008, -7/+88I just use Doritos bags turned inside out.
  • WhoWatches, on 07/24/2008, -3/+82Cash is king. Barter is also a good choice even if its a zero sum game, its helluva better choice than to let these ***** gather more data to tax you with.

    We are bailing out the fraudulent banks with our own money. They in turn continue to slap usery on us with the inflated interest rate that they DON'T pay through the discount window.

    The banks need to fail, the FED needs to fail, the government needs to fail. Its time to start over.
  • LongShlong, on 07/24/2008, -6/+85What happened to Paul, seriously?

    I remember Paul riding high, then I went on vacation, and then I come back to this! What the hell?
    I'm not American, but, I still think Paul pwns everyone else.
  • inactive, on 07/24/2008, -6/+77This is so outrageous it's near unbelievable! Where are the credit card lobiests? Oh...silly me, I forgot, they're the BANKS who benefit from this robbery of the tax payers!
  • Spentlife, on 07/24/2008, -10/+80I don't doubt the march to facism will continue, but I hope the ground under the feet will disapear and it will fall

    contemplate the aweakening, but will the nightmare end with a whole in the pockets?
  • GMFlash, on 07/24/2008, -14/+80You would have to be an idiot to NOT like Ron Paul! Oh wait this is Digg... they like it when Obama whispers sweet nothings about "change" in their ears.
  • inactive, on 07/24/2008, -1/+66I'm as leftist as it could be and there are quite a few things about Paul I like. A few I don't. Nevertheless, he was one of the few candidates (inc. Kucinich and Gravel) that did not have his head up his ass
  • Cryptocracy, on 08/17/2008, -2/+66truth is treason in the empire of lies....
  • Mattso, on 07/24/2008, -3/+65How much more can the government do to take our country in the wrong direction?? Citizens need to be more informed and we need more politicians like Ron Paul who are not going to keep this horrific status quo going.
  • lukedamonkey, on 07/24/2008, -10/+72You guys love watching this old man talk.
    Too bad he's right.
  • koicho, on 07/24/2008, -18/+80Aaand after speech like that we get... a crash landing?!

    http://blogs.abcnews.com/politicalradar/2008/07/pl ...
  • quesi, on 07/24/2008, -5/+67My heads too big, and now I have Cool Ranch® dust in my hair!
  • kemp34, on 07/24/2008, -3/+63Won't be able to afford either one!
  • inactive, on 07/24/2008, -7/+61800 billion, that's all? How generous of them.

    /sarcasm
  • inactive, on 07/24/2008, -14/+68***** you. I voted for him. I'm moving to Canada so fast. Let's see Obama fix this one.
  • triclipse, on 07/24/2008, -2/+54I will certainly be dugg down for this - but why do we NEVER hear Obama speak with this level of detail and understanding of economics? How can Obama ever expect to pay for the programs he proposes? McCain is a joke, so I won't even bother.
  • Lawofnations, on 07/24/2008, -5/+57If the public had any idea just how large a sum one billion is then I think they would be able to put this 800 billion credit scheme in the proper context. By design all Ponzi schemes collapse so my suggestion is to use gold and silver coin for all purchases of products or services. If the merchant refuses then go to his competitor next door. Guess which one will survive this coming depression relatively unscathed?
  • inactive, on 07/24/2008, -6/+58We have now entered the death throws and final descent into a great world wide depression. We all were warned, now we are going to pay for not paying attention and getting involved. To those of you who helped to suppress the truth, and derail an honest man and his message; your time is coming.

    Pop goes the country.
  • King0007, on 07/24/2008, -1/+52Yep and probably on page 470 middle paragraph said.

    ......and we the people require fingerprinting of all Mortgage people, and all Internet Credit Card Transactions reported to IRS.....and their shall be no limit in regards to funds needed for bailout....whatever is needed.

    One line in small print.......buried deep inside. 600 Pages....these guys didn't even pick it up and look at it!
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