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What Caused the Financial Meltdown?
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<blockquote data-quote="wkmac" data-source="post: 408021" data-attributes="member: 2189"><p>Funny how the bailout package went from 3 pages at an estimate cost of $700 bil (I know that's an estimate that will probably be higher) to now a bill over 471 pages and what's the estimated cost of that?</p><p> </p><p>The worse part about this whole thing is the wooden arrow fiasco. Now on principle in the perfect, there would never have been a $.39 excise tax on wooden arrows to begin with. However since we live in some morphed Keynesian, fabian socialist, merchantilist, etc. economic world that people want to preserve instead of letting it fall to the floor so we can go back to what made us great to being with, that said, the wooden arrows just prove IMO what our gov't has become. Legislation to be bought and sold by the highest bidder. The only thing missing from the Congressional floor IMO is Monty Hall and the "Let's Make A Deal" crowd. Why not let the Congress dress up in stupid outfits and play games to find out if the better deal is behind curtains 1, 2 or 3 or should we just take the money in the lobbyist---uh I mean, in Monty's pocket. <img src="/community/styles/default/xenforo/smilies/FeltTip/ashamed.png" class="smilie" loading="lazy" alt=":ashamed:" title="Ashamed :ashamed:" data-shortname=":ashamed:" /> Sorry for that slip of the tongue!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></p><p> </p><p>But now to top it all off I give you Michael Steele, spokesman for Repub. leader John Boehner who took a page from Bob Barker to make sure "The Price Is Right!"</p><p> </p><p></p><p> </p><p><a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us" target="_blank"><span style="color: red"><strong>http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us</strong></span></a></p><p> </p><p>Boehner was never against the deal to begin with, he just wanted more of the take from heisting the taxpayer. I guess now we can refer to Pelosi, Reid and Boehner and Mugsy, Bugsy and Machine Gun John. Might as well give them gangster names to fit the real job description.</p><p> </p><p> </p><p>Karl Marx, God Bless his dead soul, would be proud our Congress took a page from his book and you guys wonder why Hugo Chavez is dancing in the street right now!</p><p> </p><p> </p><p><span style="font-size: 18px"><span style="color: #ff0000">5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly.</span></span></p><p> </p><p>BTW: Don't make fun of Maxine Waters anymore over her slip of the tongue threat to nationalize oil because we are letting Congress and Georgre Bush do the same thing with banking and credit. I'm sure Maxine''s staff in consultation with Hugo Chavez is looking at legal precedence to use the banking nationalization as a floor to make the move on oil as we speak.</p><p> </p><p><span style="color: red"><strong>Audit the FED!</strong></span></p></blockquote><p></p>
[QUOTE="wkmac, post: 408021, member: 2189"] Funny how the bailout package went from 3 pages at an estimate cost of $700 bil (I know that's an estimate that will probably be higher) to now a bill over 471 pages and what's the estimated cost of that? The worse part about this whole thing is the wooden arrow fiasco. Now on principle in the perfect, there would never have been a $.39 excise tax on wooden arrows to begin with. However since we live in some morphed Keynesian, fabian socialist, merchantilist, etc. economic world that people want to preserve instead of letting it fall to the floor so we can go back to what made us great to being with, that said, the wooden arrows just prove IMO what our gov't has become. Legislation to be bought and sold by the highest bidder. The only thing missing from the Congressional floor IMO is Monty Hall and the "Let's Make A Deal" crowd. Why not let the Congress dress up in stupid outfits and play games to find out if the better deal is behind curtains 1, 2 or 3 or should we just take the money in the lobbyist---uh I mean, in Monty's pocket. :ashamed: Sorry for that slip of the tongue! :happy-very: But now to top it all off I give you Michael Steele, spokesman for Repub. leader John Boehner who took a page from Bob Barker to make sure "The Price Is Right!" [URL="http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us"][COLOR=red][B]http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us[/B][/COLOR][/URL] Boehner was never against the deal to begin with, he just wanted more of the take from heisting the taxpayer. I guess now we can refer to Pelosi, Reid and Boehner and Mugsy, Bugsy and Machine Gun John. Might as well give them gangster names to fit the real job description. Karl Marx, God Bless his dead soul, would be proud our Congress took a page from his book and you guys wonder why Hugo Chavez is dancing in the street right now! [SIZE=5][COLOR=#ff0000]5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly.[/COLOR][/SIZE] BTW: Don't make fun of Maxine Waters anymore over her slip of the tongue threat to nationalize oil because we are letting Congress and Georgre Bush do the same thing with banking and credit. I'm sure Maxine''s staff in consultation with Hugo Chavez is looking at legal precedence to use the banking nationalization as a floor to make the move on oil as we speak. [COLOR=red][B]Audit the FED![/B][/COLOR] [/QUOTE]
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