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  • Cost Of Bailout Hits A Whopping $24 Trillion Dollars

    $80,000 for every American

    Cost Of Bailout Hits A Whopping $24 Trillion Dollars 200709top

    Paul Joseph Watson
    Prison Planet.com
    Monday, July 20, 2009

    According to the watchdog overseeing the federal government’s financial bailout program, the full exposure since 2007 amounts to a whopping $23.7 trillion dollars, or $80,000 for every American citizen.

    The last time we were able to get a measure of the total cost of the bailout, it stood at around $8.5 trillion dollars. Eight months down the line and that figure has almost tripled.

    The $23.7 trillion figure comprises “about 50 initiatives and programs set up by the Bush and Obama administrations as well as by the Federal Reserve,” according to the Associated Press.

    In testimony which will be delivered to the House Oversight and Government Reform Committee tomorrow, Neil Barofsky, the inspector general for the TARP, will tell Congress that “the Treasury Department has repeatedly failed to adopt recommendations aimed at making the TARP program more accountable and transparent.”

    According to Barofsky, taxpayers are in the dark as to who has received the money and what they are doing with it.

    As we have repeatedly highlighted, the destination of some $2 trillion in TARP funds was the subject of a lawsuit filed by Bloomberg late last year after the Fed refused to disclose the recipients. The suit is still ongoing as Bloomberg attempts to discover names of private financial institutions that received the money.

    (ARTICLE CONTINUES BELOW)

    Cost Of Bailout Hits A Whopping $24 Trillion Dollars 150709banner2

    The American people will ultimately pick up the tab as their dollar is devalued because the Fed lends the money from its own balance sheet or essentially just prints more money, as a San Francisco Chronicle article explained last year.

    Wages will not keep pace with inflation and if we add to the equation the raft of new taxes being introduced by the Obama administration, the consequences are clear – another lowering of the living standard for millions of middle class Americans.

    Meanwhile, Henry Paulson, one of the chief architects of the bailout and the man who committed financial terrorism by threatening the Congress with martial law and food riots if they didn’t pass the initial TARP package, brazenly pockets $200 million in Goldman Sachs profits tax free while handing out billions in ill-gotten gains to his bankster buddies, all this after he pulled a bait and switch by changing the entire focus of the bailout from buying up toxic debt to giving money directly to financial institutions.

    We dread to think what the bailout figure will be in another eight months. Will it triple again to $70 trillion dollars? How about $100 trillion dollars?

    The only thing that can bring an end to the wanton looting is Ron Paul’s bill to audit the Fed, which has received overwhelming support in the House but is being blocked by the bought and paid for traitors in the Senate who would rather see a continuation of the grand larceny rather than real accountability and transparency.

    Watch a CNBC discussion of the $24 trillion figure below.

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    131 Responses to “Cost Of Bailout Hits A Whopping $24 Trillion Dollars”

    1. Don't chemtrail me bro Says:

      I see that picture of those two traitors at that table and wonder why they aren’t in cuffs. They are white collar puppet criminals of the highest order, protected by their elite pupateers. Just once I’d like to see somebody in one of those Senate hearings totally lose it and call these fuckers out and even demand the Seargeant at Arms come in and arrest them, even if it’s just for show. Somebody do SOMETHING, sheesh

      Social Viability Reply:

      It’s all for show anyway.

      Why would a puppet from the Senate have one of his own fellow puppets arrested?

      I’m not saying it wouldn’t be fun to watch. And I’m not saying it couldn’t be written into the script for them by their collective masters.

      I’m just saying that we’ve had enough pageantry. The populace has been too gullible and happy to watch what the puppeteers put on show for them.

      I think it’s time we have something other than a silly puppet show.

      Don’t fight the system:
      Replace it
      http://socialviability.com/

      Skeezix Reply:

      Social Viability, I’d just like to say that you continuously post logical, sane, and motivating words.

      CivilianResistance Reply:

      [COMMENT CENSORED]

      -PENTAGON CYBERSECURITY

      the real reconmarine Reply:

      So?

      American Dummy Reply:

      Social Viability,
      There is another system that WILL replace all the systems ever created by self serving humans it is found in the Bible but only IF you are found worthy enough to rightly divide the truth.

      Liars,cheaters, fornicators,atheists and other criminals need not bother for you won’t understand.

      Marilyn Reply:

      Be careful there fellow believer. NONE of us are worthy. Remember it’s only by God’s grace that he has enabled you to understand the Bible and know what is to come. Let’s pray for and demonstrate love and patience to those who have not yet come to an understanding of the truth and where this world is headed.

      bill Reply:

      Do you think these people will give up their power with out force. we will have no choice but to take it away by any means nessary or bend over and take it. even if we voted them
      out in masses we would never know cause they would just say they won.violence is not a good thing but dictators and kings do not just give thiers powers away without violence.
      we let this go to far we did nothing when we should of we sat around like complasant idiots watching our tvs and good beer. but those times are gone its now or never.many of our forfathers died to giv us the lives we live today.now its time to think of our children and we are all gonna die somday so it might as be for truth justice and the american way

      AlteredState Reply:

      I like your way of thinking. I can”t find a more nobler cause than self sacrifice to ensure the American way of life to our children and the generations to come.

      kathy Reply:

      How can people put up with this and not be totally insane? They are insane and so are we for putting up with it. This whole country is just too surreal. http://www.conspiracyfriendfinder.com/

      kebcreation Reply:

      They are insane and I hope they suffocate in a pile of 24 trillion one dollar bills.

    2. Recession Ready Says:

      $1 Trillion , $10 Trillion, $100 Trillion….What’s the difference. It’s all imaginary anyway.

      Cherilyn Monroe Reply:

      Yeah, and as a taxpayer, I want all of us to send the Federal Reserve an adjusted invoice for overpayment, to be applied to the amount owed..which is nothing.

      LRRP 1968 Reply:

      It will all be imaginary once hyperinflation sets in

      James Gang Reply:

      Juat a correction: Paulson pocketed 200 million, not $200,000 as the article state.

      kebcreation Reply:

      Imaginary? Are deductions in your paycheck imaginary? People who work do not owe the government that is crazy. They have really destroyed our country with borrowing without our say so and we do not owe the bank the feds do. We need to live within our means but they do not and we pay the price? That is out of control to say the least it is thievery.

    3. warren buffett Says:

      Who do I make my check out too?

      Cherilyn Monroe Reply:

      Hey Warren! Make the check out to our new upcoming monetary system..”The United States Treasury”. But, after which each and every U.S. taxpayer declares bankruptcy on the national debt; start from scratch aye?..

      Once we have the guts to fire Congress and let loose of the right/left paradigm, um well, I’m starting to feel all fuzzy and warm inside just imagining that.

      God help us all.

      Stendec Reply:

      And we’re going to need it!

      winstonsmith Reply:

      Make it out to Elizabeth Windsor, she’s short a few bob at present, because some evil fly by nights nicked all her gold from the vaults. I wonder who that could have been?

    4. Union Eagle Says:

      America is fried. It’s finished.

      Now they will lower the living standard down to 3rd world level for most people, draft everybody into mlitary, police, DHS, stasi and brigades and probably launch off WWIII.

      Regular pandemics and cancer vaccinations will take care of the rest.

      It’s make or break, folks. If you don’t get up NOW and run for office in EVERY town, city, county, state and congress/senate the USA will be history soon and you will live under international framework regulation (NWO).

      Everything Alex and others predicted over the years has come true, keeps coming true and will be coming true. Unless you stand up and stop it.

      Jim Lunsford Reply:

      You know, when I got out after ten years in service, those fuckheads tried to tell me I had to register for the draft. Like I was going to do that shit. Hell, the first thing I did was throw away my fucking Class As. The country as we know it is fried, but that is okay with me. We’ve been shit for years, and this might be just what we need for the majority of us to just wake the fuck up and realize we are all slaves. I think more of the younger people know than those over 40, but hell most of us know the government is full of shit on every level. My mother is nearly 70, and she has no problem believing this government is wrong as hell. She still runs her own business, and everyday some government piece of shit calls her up to let her know she could have some loan/grant from them. She always says no because she doesn’t want them to ever get their fucking greedy little claws in her business. Does anyone trust the government anymore? Almost no one that I know does. Some of the fundamental christians seem to have a hard time believing in it, but they always reply, if they do see something, that Jesus will take care of them. Have fun inheriting the earth dumbasses. I think that God helps them that helps themselves myself.

      King Jehu Reply:

      Jim, As a fundamental Christian as former US military, God is doing exactly what our countrty asked of him. Stay out of our lives, schools,govt etc. And I must say Its going real well in a swirling fashion to the sewer. However, God has not said, Dont defend yourselves, let corruption go wild. God has commanded many times to rid the land of evil people. God is for the death penalty! for chronically evil people. I just want the original ten Amendments to Constitution back. And we would work better as a United States instead of a dictatorship over the states of america.

      CAIRO Reply:

      King-
      Is that what the problem is “because religion isn’t in our lives anymore?”
      But it is! The biggest problem our world faces is irresponsibility. When something goes wrong nobody acts. Were do we get this quality … RELIGION. People are always waiting for outside forces to come in and fix there problems for them.
      Instead of understanding that true understanding, love, and peace comes from within, people are always trying to get it from somewhere else… like a god or a idol.
      Which are controlling and only show love when you playball.
      Its not our inability to believe in god thats the problem.
      Its our inability to believe in ourselves.

      American Dummy Reply:

      Hey Cairo,
      Religion isn’t the problem really,Its partly the liars in the pulpits who are feeding us a bunch of bullshit and we love it so.They are all criminals;the blind leading the blind.

      MY PEOPLE ARE DESTROYED FOR LACK OF KNOWLEDGE

      CAIRO Reply:

      I definatly agree that is a part of the problem. But its really easy to blame someone
      else and not take responsibility.The liars in the NWO use religion as a tool to condition us to rely on outside sources to fix the problems we face. In reality its all in our hands to fix things and when we believe that we are powerless, we are powerless and in turn take no action. So religion does have a lot to do with it.
      The bible and other religions will always tell you are not shit without “GOD”
      and people eat it up. Its our fault that we are being fucked because like you
      said they feed us the bullshit and we love it so… how can anybody feel sorry for a species that does that to ITSELF and then plays the victim role? people need to start using there heads and grow up.

      Jesus Christ Reply:

      fundamentalist Christians have one single play: lie that “Gawd” says whatever their simple prejudices say.

      Must have had fun in the army, son, with Mark 10:19 :
      “Thou knowest the commandments … Do not kill, Do not steal, [ and, special note for lying Christians ] Do not bear false witness “

      Grokit Reply:

      “The World is divided into armed camps ready to commit genocide just because we can’t agree on whose fairy tales to believe.

      
In the end, Religion will kill us all.”

      
 – Ed Krebs

    5. richardo Says:

      Good, the more debt the better.
      SMASH this evil, wicked and perverted nation to the ground!
      1.3 million iraqi men, women and children SLAUGHTERED in Iraq this past 6 years by the murderous/genocidal US MILITARY?

      To eternal HELL-FIRE these militaristic meat-headed vermin/scum shall be cast at the Judgement,
      as well as all those American right wing bystanders who supported this ungodly act.

      Punished ye shall be for your crimes.

      Jonah
      Colorado USA
      Prophet of Doom
      http://geocities.com/bluestars774

      ————————————————————————

      Jim Lunsford Reply:

      Run up your own debt. Max out your credit cards. Overdraft to the fucking max your checking account (I made it to 1500 on mine). Don’t pay taxes (the ones that you have to file for anyway). Move off the grid. Default on all of your credit cards. Fuck them. Crash their fucking house of cards and then, let’s just start the fuck over.

      wildcat Reply:

      Everybody in the UK did that back in the 1980’s – it was called the poll tax . Councils are still chasing up defaulters from 20 years ago …

      BRASS BALLZ Reply:

      It’s a done deal Lunsford. way ahead of you on that one. These shit bags are not bailing out banks, they are useing u.s. to fund 100% of the Euro-peon ran Global Government on our backs. just wait for the massive gun grabs, as soon as the forced inuculations come into play. I feel sorry for the brain washed slaves who are willfully blind. Let liberty or death be our motto.
      .V.

      p.s. you said. Fuck them. Crash their fucking house of cards and then, let’s just start the fuck over.
      Except Jim, we are not going to like whats comming when they do. remember, The Nightmare of the 1923 Weimar Collapse Willmar Germany, and what came out of that. the third Riech, the same people who designed that program is doing it here.

      BRASS BALLZ Reply:

      sorry abouy typo’s

      American Dummy Reply:

      @ Jim Lunsford,

      Good advice.Thats what the Israelites (not a bunch of mongrel jew identity theives) did to the Egyptians when they hauled ass into the wilderness.They “borrowed”their gold,silver,precious stones,cattle and wathever else they could lay their hands on as payment for being cheated.They were in BONDAGE (debt) the same as us dumbasses are today.History does repeat itself for those who fail to learn the lessons of history.

      James Gang Reply:

      Excellent points. I maxed out my Washington Mutual card when this shit went down. They filed bankruptcy, yet some fucking asshole calls me up to get the money I owe Washington Mutual.

      I said, “Aren’t they bankrupt?”

      The cocksucker said, “yes, they are.”

      I replied, “Well, fuck you.” I then hung up the phone.

      Quinny Reply:

      The James Gang Rides Again..!!

    6. Seer Says:

      We are through the Looking Glass people.

      The world has turned into a grotesque bizarre dark age.

      Jim Lunsford Reply:

      My buddy John Carpenter gave me some really cool sunglasses. It’s fucking up my day though because all I see are signs that say “Obey”.

      BRASS BALLZ Reply:

      Thats why the U.S. gov bought up all the reserve ammo in every caliber. it’s not all do to weapon sales. It’s for their obey, comply or die program. dont let them know your wearing them shades, and don’t suggest you look at Nasty Palosi or Hitlery Clit-on with them you may not like what you see. I worn a pair in the 90’s and saw Janet Rino the buther of Waco, with them and it was an alien dude, when she bent over to pick up her microphone she dropped at a speach, I cannot describe what I saw it made me puke, for three days.

      BRASS BALLZ Reply:

      Well Jim I give you a hint, hope you not eating, It looked like hairy, purple and green with a blacklight glow to it dripping, frothing and oozing octopus’s with dreadlocks between her legs kinda looked like a combination, Tina Turner and Whoopi Goldberg. on crack and acid it was evil, and a face like David Rockefeller and Pee Wee Herman meld. It was fucked up.

    7. Dr. StrangeFLU Says:

      Totally agree. It has become a Macabra Spector of Elite Scum, that paint pretty pictures with
      words while the overall scene sinks into moral decay. 20 or 30 or 40 trillion in debt
      and the few will get most of it for doing nothing.

    8. c xc Says:

      White people robbed the entire earth!!! Yet most in jail are black and brown for having herb in their pocket!! CRIMINALS!

      Say “No” to The White Satanic Disorder!!!

    9. c xc Says:

      The White Satanic Disorder!!!

    10. c xc Says:

      Whites stole the whole damn planet!!!

      Horus Reply:

      No, the Queen of England only owns 1/6 of the world’s land mass. That’s more than fair, isn’t it?

      Highlanderess Reply:

      Oh really. And the continent of Africa…they really know what the fuck they’re doing. Get that damn race card shit out of here.

      Quinny Reply:

      And Whiteys on the Moon…they stole that too..!!

      winstonsmith Reply:

      Zimbawbe / Rhodesia…check it out shithead.

      BRASS BALLZ Reply:

      Hey black racist just look at how blacks have totaly fucked up Africa is, it always been fucked up, look long before the white man was there. just look at detroit how great that black ran citys is its a war zone and looks like it. The City of Detroit was run in the ground by corrupt black leadership. Stick your anti white, sniviling bullshit up your ass. I see this type of white hatred before and I don’t by into your weak no working, hand out mantality.

      robertsgt40 Reply:

      Yeah c x c, good reasoning. It’s the white people. How do you argue with that mentality? And every other color are the good guys? Geeez

    11. Truth Seeker Says:

      We were lulled to sleep by a media that seemed to report the true news for years and we lived a good life. Then…slowly…we were given the fluoride and vaccines to dumb us down while our education was gutted and twisted upside down, then propaganda lies were spewed forth by our media dividing us by little issues while the big important issues were not even addressed by the two controlled parties. Add to the corruption by the psychopath eugenicists most of our churches allowed for the deception, did not teach what is truly “between the lines” of truth in the Bible but rather taught only the dumbed down version to make us even more sheeple (you know just “trust in the Lord”). In the powerful documentary “Don’t Talk About The Weather”, it sites a line in the Bible showing the tower of Babel in which God separated the people by language. Well Alan Watt said they also specifically bred people to have for example light skin and dark hair and then sent the different looking people to different countries with the different languages as well as religions to propagate – dividing us all further to allow for balkanization.
      I therefore ask: “Is the Bible not a blueprint of the Satanist’s plans rather than the propocecy of what God is planning for us?”

      American Dummy Reply:

      @ Truth Seeker,

      “Is the Bible not a blueprint of the Satanist’s plans rather than the prophecy(correct spelling)of what God is planning for us?”

      Hey man it is both of the above;the preachers are giving you the satanic version,but if you want to know Gods plan then you will have to study it for yourself in order to cut thru all the lies promoted by the teachers of deceit or just study it for yourself.

      Grokit Reply:

      “The World is divided into armed camps ready to commit genocide just because we can’t agree on whose fairy tales to believe.

      
In the end, Religion will kill us all.”

      
 – Ed Krebsdotcom

    12. Winyan Staz Says:

      Stop blaming a whole race for the actions of a few.
      When will we learn that racism keeps us devided so they can continue to screw us all over.
      It is not “the Whites”..it is the “Elite” who own the large corporations and the banking industry and the morgage companies etc that have fucked America and the rest of the planet over and use the military to inforce their crimes and they come in ALL races.
      Racism, sexism, homophobia, are all ways they keep the little guys fighting among themselves! Wake the fuck up and stop being patsy’s!

      Cherilyn Monroe Reply:

      HERE, HERE!!

    13. ChrisG Says:

      Well, that ought to say something about the impending financial crash… If every american owes $80,000 on the bailouts… Can you pay your $80,000? I know I can’t. And I’m willing to bet that 95% of the population can’t either.

      We’re fucked.

      Beavis Reply:

      Just give the Fed a $ a week anyway. Cos, they’re printing MONEY….yipppeee!

    14. The JC Says:

      $23 Trillion, $50 Trillion, even $100 Trillion. It doesn’t matter. Telling us it somehow equals $80k per household is irrelevant as well. These are Government financial problems. We have not signed a contract to be responsible for our government’s debt.

      The significance of this debt is it shows how IRRESPONSIBLE our politicians have been. In this respect, it should compel all Americans to remove this irresponsible, totalitarian government.

      Removing this government is the solution because it will avoid the bankrupting of the U.S.A. If our economy is collapsed we’ll be readied for communism and the excuse for using communism under a one world government will be to restore order socially and financially.

      Sui Juris Reply:

      You are ABSOLUTELY responsible for the debt. You might want to read the Constitution, Einstien.

      14th Amendment, Section 4

      “No US citizen shall question the Federal debt….”

      And we wonder why we are enslaved. WAKE THE FUCK UP!

      Grokit Reply:

      The problem with our politicians is they are not concerned with the next generation, only the next election and their bank account balance.

      Even as recently as FDR/JFK, there was much more of an emphasis on public service.

      Worked out pretty well for JFK (and his brother), no?

    15. Bring it on! Says:

      The last time we saw a number it was 12.8 trillions…not 8.5 trillion… get your facts straight.

      Financial Rescue Nears GDP as Pledges Top $12.8 Trillion (Update1)
      http://www.bloomberg.com/apps/.....=worldwide

      That was for march.

      So between april 1 and july 1… in 3 months…they stole 11 trillion…. HAHAHAHAHHAA

    16. cooper Says:

      It is our hard working money we have made. We demand accountability.

    17. Doug Plumb Says:

      This is un-doable, its in the law. We have to stop crying and learn the law. I have begun this journey so I cannot give advice, but society runs on the law.

    18. Horus Says:

      Whoa! Lots of negativity out there. Looks like the Pharaoh screwed up big time, and wants us slaves to pay for his mistakes. Good luck getting his pound of flesh from the unemployed. What’s next? Another world war or pandemic? Will the slaves rebel? I think not. Someday we’ll all retire and live happily ever after on social security.

    19. marky1183 Says:

      Why is paul joseph watson back? for a while the articles on prisonplanet made sense. Now this guy makes up so much it’s not even entertaining anymore…..24 trillion ok right….from a 800 billion bailout and a 1 trillion stimulus ….of course dude. Some of the stuff they put on prisonlanet is real but a lot is just bullshit…

      Quinny Reply:

      Marky,
      Those figures come from the Government Accounting Office,
      not Paul Watson…

    20. Cherilyn Monroe Says:

      Are we mad as hell yet?
      MAYDAY! MAYDAY! MAYDAY! MAYDAY! MAYDAY! MAYDAY! MAYDAY! MAYDAY!

    21. k. Says:

      Fortunately, I got out of dollars and out of the U.S. six years ago.

      Now I just invest in illegal drugs, weapons and human slaves from east Europe and southeast Asia. The markup on this stuff in incredible and with no taxes.

    22. BRASS BALLZ Says:

      You got to be fucking kidding right!!!!!, $24 trillion?. they cannot be that out of control. We will all be dumpster diving and eating out of landfills soon. Americans will yurn to live in Mexico’s city’s, ghettos as the new paradise and model for the standard of living. Tent cities for the new middle class, you all better reserve your living space under the overpass’s

      Quinny Reply:

      Where I live in Providence RI, there are already 150 people
      living in tents under an overpass. I drive by everyday and
      I always think to myself…”Greatest country in the world my ass…”
      Its a FUCKING DISGRACE..!! The elected “Mayor” of the tent city is,
      – are you ready for this? – A VIETNAM VET..!! When he was asked to serve,
      HE SERVED..!! And how does are Government repay him..?
      By reducing him to living in a tent under a fucking highway
      overpass..!! God Damn…what in the name of Christ is
      going on here??

    23. Dave Says:

      That number is the “worst case” scenario

      Crazy retard Reply:

      The dollar will collapse and the “worst case“ scenario will happen.

    24. Unite!! Says:

      Grow your own food, barter with your neighbors, close your bank accounts

      PREPARE!!!!!!

      http://www.warnthepeople.org/be-prepared.html

    25. Rob_in_MN Says:

      So, who is this watchdog?

    26. pitofdoom Says:

      There just are no more words………..

    27. takebackathemedia Says:

      It is all fiat money, so the money they are so called spending does not even exist and the other nations aka China that control our nation are going to one day call us up on our debt and then we will be in check mate……………………………………………………

      THE US NEEDS TO GET THEIR HOUSE IN ORDER

      Horus Reply:

      They do have their house in order. The Order of the Illuminati. Remember that China plays with the same monopoly money that he US does. With China ascending to he forefront, the new world currency will be initiated. The so called “war on terror” will continue as military police actions throughout the global plantation, crushing slave rebellions in regions that resist the NWO. If you look around the global map, most areas are already within the control grid. So the checkmate that you describe won’t happen, unless all of those pesky pawns are captured. Hence the 100 year “war on terror” as Sen. McCain honestly described.

    28. AJ videos Says:

      HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:

      http://alex-jones-archives.politicsfiles.info/

      TODAY:
      - Bob Chapman(Host) Jason Bermas & Bob Dacy
      - Jason Bermas & Bob Dacy 3/3 (Host):Sotomayor & Facebook
      - Alex Jones – The Carbon Tax Deception
      - Alex Jones – Where I Stand!

      Backup your favorite episodes, don’t miss any!

    29. Off The Grid37 Says:

      Well you are sadly mistaken if you somehow don’t think that we are responsible for what the government is spending. In the end, the tax payers, mostly the middle class will once again be taking it up the ass from the government.
      Who do you think pays for this 23.4 trillion dollar loan? We do. The tax paying citizens. Wait until your taxes go up. Oh YEAH, they’ll give you a tax cut on what you make in a year but, they are passing all kinds of new taxes. It’s fucking worse than when we were under British Rule.
      Thomas Jefferson, Ben Franklin and Samuel Adams must be rolling over in their graves. It’s time for another wave of patriots to rise up and once again free our great nation from the tyranny within.

      Horus Reply:

      The thing is, we’re still getting these loans and we’re broke. Why? Look at the massive loses from US businesses. They won’t being paying taxes on neg. income. Look at the middle class, who are getting laid off in droves, will the money come from them? How about the Obama supporters? Are they sending in their checks to help support this new debt? The collateral for this debt has been us wage slaves, and US government lands. The land and waters are what they are after, and soon this country will no longer be ours. Check out what happened to Brazil. They no longer own the Amazon rain forest. They could not pay their debt, so the banks took the collateral. All they need in place are politicians willing to spend us into oblivion. Of these there is no short supply.

    30. Incriminally Sane Says:

      This is NOT a BAILOUT, They are LOOTING THE NATION before it changes hands to the NORTH AMERICAN UNION!

      You have been HAD, played for a FOOL, SCREWED, ROBBED, RAPED and MOLESTED!

      HOW DOES IT FEEL? Are you going to ask for a REACH-AROUND?

    31. David S Says:

      Just for the record the AP article says the current amount is $4.7 trillion. The $24 trillion figure is the worst case scenario for future spending.

      James Gang Reply:

      Five trillion is not a good scenario.

      Quinny Reply:

      “Worst case scenario”…Is that like…Katrina..?

    32. hellferbreakfast Says:

      “I have a dream”. The mall lined with gallows awaiting traitors.

    33. Joe in JT Says:

      For all you who doubt 24 trillion is the cost of the entire bailout, it’s true. I saw it on my AOL news headlines, it’s not just on Alex’s site.

      I watched that billionaire Soros say the following: “First you create a crises. Then to correct the crises you must raise taxes. Once that’s done you start to eliminate the public programs because it gives you an excuse to do it.”
      In programs I guess he means welfare, food stamps, government health programs, social security….yikes! Let’s all just watch what California does on their budget shortfall. Let’s see what’s cut and what emergencies they declare….because our government will probably follow suit. Heck they can do one thing CA can’t and that’s start a new war.

    34. tc Says:

      we should all file for bankruptcy and add $80000 into it. Make the fed our creditor

    35. freedom fighter Says:

      Why has nobody burst into the Senate hearings with an AR-15 rifle to gun down these two criminals? It would be nice to see justice exercised for once!

      BRASS BALLZ Reply:

      because no one with a AR-15 can trust weather it will even fire, thats why.

      freedom fighter Reply:

      Use an AK-47 instead at least it would be reliable and get the job done.

    36. Peter Wolf Says:

      Hi .
      I am new here.

      This is already out of control.

      This is a corporate/financial hostile takeover.

      The UK and the U.S are runned and operated under corporate law.

      The U.S and the UK are in effect corporations.

      Everyone who is a US or UK citzen by birth or later naturalised is registered as a UK /US citzen.You have a social security number and a UK/US birth certificate and a legal title :Mr.John Smith for example.

      The birth certificate and registration forms a legal contract that binds you to a contract that is subject to the conditions laid out by UK and US company law.

      Legislation or bills passed by parliament or congress is *not* law.

      Law is common law and constitutional law like the second amendment for example.

      Non-payment of tax for example is a breach of contract of U/K/US legislation.

      Payment of income tax in the US is unconstitutional and unlawful

      That legal title is a fiction Mr.John Smith] and does not exist.

      We have all been entered into a contract with the UK and US and are all subject to its terms and conditions.

      Legislation and bills are totally different to law.NOT the same thing.

      John of the smith family is anon legal title for example.

      Its way too late to explain all this clearly and concisely now but i will add more in a day or so as i probably havent explained it all that well.I will also provide links that will explain the legalities better than i can.

      If you want to stick it to the govt and not pay taxes for their bailout scam then this is the way forward and it has been tried and tested here in the UK as we have been working on this for the last year or 2 and it does work and it true and accurate.

      You have to destroy or nullify or cancel the contract between yourself and the UK/US govt and its legislature..

      It can be done and its easy and if you all do this en masse the system will be unable to cope and will collapse under the sheer weight of numbers and i have done it myself on my own before when i declined to answer a request to appear in court.

      Wesley Snipes for example lost his court case with the IRS for non payment of taxes because he was fighting the case using constitutional law instead of corporate law.

      You have to understand and be very clear that their are 2 completely different “laws” at work in the UK/US that being Legislation and Law.

      Its known as lawful rebellion which you all know about because you all know about the US constitution.Refuse to comply with any law,legislation/statute that has been put in place by unlawful govt that opposes constitutional safeguards.They have no Juristiction or authority to override the law or constitution of the land.

      Will be back with more info .

      Get a fucking rope Reply:

      Thanks for dropping in with that comment, looking forward to more of your input. I have known for quite some time that the US is a defacto corporation, doesn’t surprise me that the UK is too.

      Horus Reply:

      You are right about the law, but do you want to spend your life fighting it out in courts, their courts? The government gets what it wants, and will track you down from your Himalayan hideout to extract its pound of flesh. What hurts the government and the IRS the most is Joe Sixpack, who works construction or small jobs for cash, and pockets the money. How much income tax do the street vending drug dealers pay? Perhaps Pres. Obama will look at assigning them employer I.D.s.

      AlteredState Reply:

      Yeah,me too. I can’t wait to cancel any contract that I unwittingly hold with this corporate scum. DAMN! born into slavery with my knowledge. That’s messed up.

      Grokit Reply:

      Nice job.

      “The U.S and the UK are in effect corporations.”

      You forgot Vatican City.

      Washington DC, and Old London, are sovereign nations, and Vatican City is not part of Italy.

      They are city-states; an independent country whose territory consists solely of a single major city and the area immediately surrounding it.

      The obvious key is that they all are marked with Egyptian Obelisks, ours being called, “The Washington Monument”.

      Washington DC, The City of London, Vatican City-these are three specially carved out jurisdictions set up to exploit covert legal tricks and tactics to rule the world:

      The United States of America, and it’s military

      The financial system and the British Commonwealth (Empire)

      The Roman Catholic Church.

      The seed is the Vatican. The Vatican is the last true remnant of the Roman Empire. Since the City of London and later Washington DC were founded from Rome, and Roman Law is used(the shysters use LATIN)then it can be argued that America, the British Empire, and the Catholic Church are but components of a covert Roman Empire.

      The State of Israel is a derivative of the British Empire-it too is a Roman outpost.

    37. warthog Says:

      Gold. Bullion. Hide It. That’s all any of us can do now. Apart from stocking up on water, MREs, and ammunition. Hell, we’re gonna be living in houses decked out like Charlton Heston’s in The Omega Man.

      Matt Reply:

      I have a mannequin that I enjoy playing chess with. Unfortunately, they were all sold out of bronze busts of Caesar.

      Matt Reply:

      THERE IS NO PHONE RINGING, DAMMIT!!!!

      Quinny Reply:

      “Get you hands off me you damn dirty….”
      Sorry…wrong movie…

    38. evo Says:

      We have come to the point of no return in our financial system.. there is no way they can clean it up and the people are fed up. There is only one good way to solve this.. COLLAPSE THE WHOLE DAMN THING!
      http://collective-evolution.co.....structure/

    39. Joe in JT Says:

      HEY MATT !!

      Every now and then some blogger comes along and cracks the shit out of me in laughter. You did it today. I like your sense of humor…keep it up. Unfortunely most bloggers here don’t have a sense of humor but it’s refreshing to see someone does.

      The funniest thing about your comment is I’m not quite sure why I’m laughing so hard, which makes it even funnier.

      Matt Reply:

      I’m an old ‘Mystery Science Theater’ fan, so anytime someone mentions a classic sci-fi or horror film (The Omega Man) I spring into action. But yeah, these boards on prisonplanet can be dreary places at times. Occasionally I spot one that cracks me up too :)

      Someone mentioned ‘Phase IV’ (1974) a couple of weeks ago, the film with intelligent ants and mad scientists at war with each other as analogous to the circular way our human societies functions, but I couldn’t think up any good one-liners. All that came to mind was that lame ‘What did the Pink Panther say when he stepped on an ant?’ joke. Great movie, though.

    40. we R screwed Says:

      We are so screwed! There is NO RECOVERY from a $27,000,000,000,000 theft. NO WAY!
      And after @7 trillion, the jobs are disapperaing at 650,000/month? Not even one lousy job for 27 trillion $$$$$$$$$$$$$$?
      I won’t be paying taxes anymore, this is rediculous! I will leave the country before I pay one dime.

    41. Peter Wolf Says:

      These FED criminals are intoxicated with power and out of control.

      They are guilty and they know it.

      It cant be reasonable to expect us to trust these criminals with their solutions as they are the problem.

      The Fed and its personel like Paulson needs to be seized and closed off as a crime scene before they start paper shredding and destroying their digital files and harddrives to destroy the evidence.

    42. Paul Bartron Says:

      The only solution is the following. “In the course of human events it become necessary to break the ties that bind us together.” Opening statement from the Declaration of Independence. Starting with the old Confederate states and Texas the independence inititive must be placed on the state ballot as a referendum and any other state that wishes to abolish the federal government. A group in Oregon tried issuing Ron Paul Dollars but they were arrested by the Feds and they stole over one million Ron Paul Dollars. Independence is the ONLY solution. The Federal Government has become the Red Coats.

    43. Brian H. Says:

      I released these videos after a army major declared that he will refuse to goto war because Obama is not our US President.

      Check out this video telling what is wrong with Obama’s Birth Certificate:

      http://www.youtube.com/watch?v=TVSkpbTk07M

      Obama Article of Continent of his birth got reedited, covered up:

      http://www.youtube.com/watch?v=ofOoiWmoulM

    44. ShalomBernanke Says:

      The sad part is, you’ll never hear the truth at this place. Even while this article posts pictures of a leader of this criminal cabal, there is no mention that the conspiracy is by one VERY specific group of people. Don’t expect to hear about it from controlled outlets like this one. Instead, you’ll have to go to http://www.subvertednation.net to hear the real story. It’s not hard to do either. You look at all the players involved, and break them down to their common denominator. When you have done this, the truth will set you free. No longer will you fall victim to the lies, or walk right into another trap of controlled opposition. Know thy enemy, or perish in ignorance. THIS IS your ONLY choice.

    45. Bill Says:

      That’s a PERFECT picture where the firemen are trying to put out the fire by spraying money on it.

    46. Freedom lost Says:

      I say every American send a rotting fish to the crooks, cause this all stinks!!!

    47. Dick Cheney Says:

      Uncle Dick’s hit squad for hire.

    48. Rob in NC Says:

      Is there any doubt that the owners of the Federal Reserve own not only the Federal Reserve, but YOU and your entire family as well?

      Why, America, do you persist in being slaves to them? Have you no self worth? Have you no dignity? Why do you let them continue to abuse you so?

    49. Chris Steiner (click here for site) Says:

      That’s a lot of midget bottles of water to keep us hydrated as the fraudulent financiers of the odious debt make us sweat for less and less. Because derivatives have not been outlawed and made worthless as they should be, the hole down which we fall is being dug faster than we are falling. When they choose to stop digging and the country hits bottom, we will end up all the flatter. In a capitalist economy the foundation of wealth is private production. The more products are sold, the more money is made. The various bailouts demonstrate that the product has become debt-based fiat money and credit issued with strings attached by the corporate, fascist Fed-owned state.

    50. Kim Says:

      Those two should be publicly hung upside down on a scaffold with bullets put through their heads.

    51. Unite!!! Says:

      Tired of feeling like an outsider in your own country?!

      Yeah, Me Too!!

      http://www.warnthepeople.org

    52. Project Looking Glass Says:

      In America we used to have Ronald Reagan, Bob Hope and Johny Cash.

      Now we’ve got Barack Obama, no hope and no cash…

      Jon Reply:

      Thats Good! I’ll probably plagerize that, hope you don’t mind!

      You dirty rat Reply:

      and in America we don’t make anything anymore, except fat people and mindless t.v.

    53. A Patriot Says:

      Imagine if Americans had recieved $80,000 for each member of their family!

      Sure… Inflation would be bad – but man would our economy be back in order!

      People pay off all their debt / mortgages and then the US put tarrifs on foregin goods again.

      Amazing how a few steps could really turn all this around…

      Can’t believe that weasel got away with $200 mill tax free – that guy is hardly even Human!

      Horus Reply:

      Yeah, him an Larry Silverstein.

    54. bubba Says:

      When your representatives(Congressmen, or some other official) defrauds you out of your money, then you don’t owe that money. When fraud rears it’s ugly head , then your contract with the public official that you(voted in) ends! Then the majority must come together and talk about the probems, then act to put your corrupt public officials in JAIL for 99 years.

      Horus Reply:

      Why be so nice? Gitmo has vacancies, and the guards like to play.

    55. Astro Chimp Says:

      If I had $80,000, well I’d spend it all.

      Grokit Reply:

      Good Idea. Give everyone $80 grand as long as they promise to immediately spend it all.

      Economy saved!

    56. jonnyrottin Says:

      I have read that american embassies over seas are being told to exchange american currency for local currency for fear of a dollar collapse-

      Or,the fear is actually that the dollar is going to.No healthcare or climate change bills or cap and trade-the ship is going down!!Throw all unecassary spending over board, sos sos sos,the ship is going down!!!!!!!

      The nwo wont even be able to contain a complete and utter world wide collapse and dark age,martial law??Do you think there are enough troops and police in america to police the whole country??? Its like america is a big viscious out of control pitbull thats bankrupt and hungry.Its coming at 5 people ,this is what is commonly called every man for himself.Do you think people are going to hold hands and decide what to do as the pitbull is charging?????Its master is gone and the dog cannot be controlled???It will be every man for himself!!

    57. OneTrueKingdom Says:

      Go to youtube and look up Exposing The Satanic Empire final cut watch all 8 videos. It’s a real Eye opener

    58. Karen Says:

      I think all the banksters and gangsters in our government, who have STOLEN from WE THE PEOPLE, need to pay the tab they’ve run up. We’re victims here.

    59. godalming Says:

      complete rubbish.

      the government could just nationalise housing – problem solved.

    60. Ron Paul: The Establishment Can No Longer Ignore Calls To Audit The Fed « Institutional Financial Derivatives Says:

      [...] to know who is getting it and why,” Paul says referring to the Fed’s refusal to disclose where trillions in bailout funds has [...]

    61. The Redskin Redneck Says:

      Wall Street owns Washington D.C. Wall Street created the crisis the world is experiencing because of its immense greed, a greed so great, that the idea of a traditional business making a profit, and sharing that profit with the community in which that business was established and the country as a whole, is an irrelevant point. It’s better to deal in derivatives, options, and every other kind of” “paper deal”, that amounts to no more than paper shuffling and accounting trickery and gambling. It is so sickening to an honest working citizenry and such and insult to them, that the people respnsible for this, I mean all of them, should be “hung by the neck until dead,” so badly have they damaged this nation.

    62. Ed Largy Says:

      Where does the Vatican immense wealth fit into all this? The Bank of America is the largest bank in the U.S. and fifty-one percent is owned by the Jesuits, representing the Pope and his Vatican State within a State of Italy. The Jesuit goal is to control all of the secular governments and lands throughout the world to rule over the people of the world spiritually and temporally which they believe in their cotton picking minds they have a right to since Jesus handed the keys of heaven and hell to Peter and Peter handed these same keys to them. Such audacity is behind the average man’s thinking, but it’s all there in the history books if you want to dig for it. What is the purpose of this monstrous debt saddled on the backs of all Americans. Why of course, it’s to confiscate your property after you cannot fork over your share of the debt they have saddled to our backs. There is one light at the end of the tunnel. Jesus, and thank God for that.

    63. Madman Says:

      How nice to see that my comments were stricken from the record.
      What agenda does Prisonplanet push here, by censoring my post?
      Is calling the Militia’s a bunch of pussies because they want to stand down, while a nuclear false crap kills off 1 Million of their fellow countrymen, so they will have an excuse to stand up, against what any real American would feel about the situation?
      Is it so bad to call it like I see it..
      The only solution, will be revolution…
      No matter what course of action you take, standing down, or standing up, you will end up with Martial law, the only difference is you have a chance to stop the senseless loss of life by a nuclear false flag.
      The level of control, and cowardice of my fellow men, and the people at Prison Planet, and Infowar is far surpassing anything I would think the NWO would be capable of.


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