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Congressmen Kucinich and Filner: No U.S. Bailout for Foreign Banks

Posted By admin On June 12, 2009 @ 3:54 am In Commentary | Comments Disabled

Washington’s Blog [1]
Friday, June 12, 2009

Congressmen Kucinich and Filner [2] wrote a letter to fellow Congress members today, saying:

The most plausible explanation for the request [of $108 Billion dollars in funding for the IMF] is that the funding would be used to bail out private European banks with U.S. taxpayer money…

Our country and this body cannot afford to spend American tax payer dollars to bail out private European banks.

Of course, that would be in addition to the $40 billion or so which has already been paid to foreign banks through backdoor channels [3] (and see this [4]).

Buy hey, who’s counting?

Update: Secretary of Defense Robert Gates, National Security Advisor General James Jones, and Secretary of State Hillary Clinton wrote a letter [5] to congressional leaders urging them to approve the IMF funding for national security reasons.

Congressmen Kucinich and Filner: No U.S. Bailout for Foreign Banks 250509BANNER [6]

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URL to article: http://www.prisonplanet.com/congressmen-kucinich-and-filner-no-us-bailout-for-foreign-banks.html

URLs in this post:

[1] Washington’s Blog : http://www.georgewashington2.blogspot.com/2009/06/congressmen-kucinich-filner-no-us.html

[2] Kucinich and Filner: http://www.afterdowningstreet.org/sites/afterdowningstreet.org/files/dkbf.pdf

[3] already been paid to foreign banks through backdoor channels: http://georgewashington2.blogspot.com/2009/03/35-billion-in-aig-bailout-money-went-to.html

[4] this: http://www.washingtonsblog.com/2009/04/fomrer-aig-chief-government-used-aig-to.html

[5] letter: http://theplumline.whorunsgov.com/wp-content/uploads/2009/06/imfletter061009.pdf

[6] Image: http://prisonplanet.tv/signup.html

[7] $700 Billion Bailout Could Fund Private Foreign Banks: http://www.prisonplanet.com/700-billion-bailout-could-fund-private-foreign-banks.html

[8] Americans Have Been Bailing Out Foreign Banks for Years … And We’re Getting Ready To Do It Again: http://www.prisonplanet.com/americans-have-been-bailing-out-foreign-banks-for-years-and-were-getting-ready-to-do-it-again.html

[9] The Fed’s Bailout Of Europe Continues With Record $237 Billion Injected Into Foreign Banks In Past Month: http://www.prisonplanet.com/the-feds-bailout-of-europe-continues-with-record-237-billion-injected-into-foreign-banks-in-past-month.html

[10] Will Americans Pay to Bailout Yet Another Foreign Bank … in Afghanistan?: http://www.prisonplanet.com/will-americans-pay-to-bailout-yet-another-foreign-bank-in-afghanistan.html

[11] Exclusive: The Fed’s $600 Billion Stealth Bailout Of Foreign Banks Continues At The Expense Of The Domestic Economy, Or Explaining Where All The QE2 Money Went: http://www.prisonplanet.com/exclusive-the-feds-600-billion-stealth-bailout-of-foreign-banks-continues-at-the-expense-of-the-domestic-economy-or-explaining-where-all-the-qe2-money-went.html

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