Bailout Recipients Are Taking it To the Bank. When the US Government Extends Billions of Dollars to Private Corporations, Execs Get Fat and Fascistic Alliances Are Formed.
We hear there is endless talk about the bailout recipients and those lousy investments of the financial institutions on Wall Street. We have to wonder why the government chooses to reward executive failure with enormous bonuses and exotic retreats.
The Original Congress Bailout Bill Was A lot Worse Than The Revised Bill, But The Original Bill’s Obscenities Are Still Underlying The Legislation.
The original Congress Bailout Bill of September, 2008, the full text of which can be seen here was an astonishing piece of arrogance on the part of the people who were behind it.
The Congress Bailout Plan Does Not Help Unless You Are a Multi-Billion Dollar Company.
The economic crisis that began hitting the United States hard in 2008 threw the federal government into panic mode and ultimately made them lose their basic principles and led them to create the controversial Congress bailout plan, the Emergency Economic Stabilization Act.
The bill would allocate $700 billion of money the United States does not have toward helping large, struggling financial corporations.
The Congress Bailout Did Not Help Americans.
Following the beginning of the 2008 economic meltdown, the financial and automotive industries who had been clamoring against Congressional or governmental oversight and regulation came running to Congress to plead for a Congress bailout of the struggling American corporations.
The Real Cost of Bailout is Not the Enormous Amount of Money Lost but the End of Freedom as we Know it at the Hands of the Banking Elite and Their New World Order.
The latest estimate of the real cost of bailout programs here in the United States is close on $10 trillion dollars. This number is unprecedented in every way imaginable and further proof of the uselessness of our money.
The Government Bailout List is Socialism in Action.
Every year, the financial world gets together for a big World Economic Forum in Davos.
For the 2009 Forum, only one CEO of a major U.S. financial institution attended: Jamie Dimon of JP Morgan Chase.
The others were afraid to show their faces—and for good reason.
As the amount of bailout money keeps growing and the number of institutions receiving it grows alongside it, the question has to be raised: what for?
Bailout Money Does Not End up Bolstering the Economy.
We hear a lot about bailout money and how it's “bolstering” the economy, or “shoring up” bad investments, and so forth.
Rarely is the actual how explained, though.
Just bland promises about “saving the economy” and “repairing the system.”
So what happens to all those bailout funds they're stuffing into the system?
Well, it depends on who's receiving it and what kind of situation they're in.
Bailout Loans for Banksters, Big Auto, and AIG, but Not You.
Let's assume for a minute that the government's money magically appears out of thin air and, by doing so, hurts no one and can be used by government for any purpose.
Given this, then, it would seem that the government then would have huge powers to do good with that money.
Looking at the History of Government Bailouts and Why They are so Abundant in Present Time.
Looking back at the history of government bailouts show some success and some faltering but we have never seen bailouts given out so freely of this magnitude.
The problem that exists in these massive government bailouts is that the US government does not have any money to lend.
What Will the Full List of Bailouts Show and How Will the American People Feel When they Find That They are Being Lied to?
The full list of bailouts will show that there is more added in than what the American people are told and in addition most of the money will never do what it was intended to do.
