Wall Street Bailout-A Historic Swindle!

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By Gene Cappa (about the author) Page 1 of 1 page(s)

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For OpEdNews: Gene Cappa - Writer

BY declaring a national emergency, the country's economy is at risk of collapsing, this time the Wall Street bankers and investment houses need a financial bailout, Bush has positioned himself once again to get whatever he asks for ($700 billion) and more than he asks for ($1 trillion, 400 billion). He knows how to do it since 9/11.

WHAT will Reid, Durbin, Pelosi, and Hoyer do? Well, of course, give Bush EVERYTHING HE ASKS FOR AND MORE THAN HE ASKS FOR! JUST NAME IT! ITS A DONE DEAL! Be patriotic. Support the president!

THOSE FINANCIAL-MARKET WISE GUYS, who had been seized with fear, are suddenly drunk with hope. They are rallying explosively because they think they have successfully stampeded Washington into accepting the Wall Street Journal solution to the crisis: dump it all on the taxpayers. That is the meaning of the massive bailout Treasury Secretary Henry Paulson has shopped around Congress. It would relieve the major banks and investment firms of their mountainous rotten assets and make THE PUBLIC swallow their losses - many hundreds of billions, maybe much more. What's not to like if you are a financial titan threatened with extinction, "Wall Street Bailout-A Historic Swindle", by William Greider, The Nation, Link CLICK HERE http://www.truthout.org/article/paulson-bailout-plan-a-historic-swindle

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A United States Marine Corps Viet Nam Era Veteran trying to do what I can and expecting Congress, the Executive Branch, and the Judicial Branch, to do what they can to keep the nation strong and free by remaining true to the Constitution first of (more...)

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