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Government Saying One Thing on Bailout, Doing Another
George Washington’s Blog
Wednesday, Oct 29, 2008
In an act of superficial political theater today, Bush told banks to “stop hoarding money”.
However, Bush’s Treasury Department is encouraging banks to use the bailout money to buy their competitors, and has pushed through an amendment to the tax laws which rewards mergers in the banking industry.
Moreover, Bush’s government bucked tradition and insisted that it only take non-voting shares in banks it bails out, ensuring that it has no power to require them to lend out money.
The government is saying one thing, while doing the exact opposite.
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16 Responses to “Government Saying One Thing on Bailout, Doing Another”
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October 29th, 2008 at 6:39 am
The government has rendered itself useless. Our representatives delegated absolute authority to Paulson and the money changers, allowing the thieves to be accountable to no one..
October 29th, 2008 at 6:41 am
On behalf of all global plantation serfs, I would like to thank Democrats and Republicans. You voted for these lies and now we will all end up like me (a serf) and pay for them.
(pssst… you might have other choices… find out who they are and vote for them even if you have to write-in ALL of your candidates… and don’t vote for incumbents)
October 29th, 2008 at 7:05 am
Best hold on to your butts baby cuz its gonna get real interesting in the next 90 days. All this stock market talk is to keep us from seeing whats right in front of our face. Look around Mama, dont you see it? Pay attention to the billionaires and the 100-900 millionaires. Now what is the common denominator of all these megawealthy? What is Buffet doing? He built a Doomsday vault. What’s Cheney doing? He built a 6-story underground fortress for him and his family. How about the government in general? Google continuity of government. The concentration camps have been built. The guards are there NOW. People have been seeing 100s of thousands of coffins near railway depots. And now the top brass is telling us point blank that something is coming down in January. Something BIG. All you people who read this to make fun of the paranoid survivalists, better ask yourself: “what are the signs of the times?”. You still have a month or two to get your family prepared baby. Better go on over to survivalistseeds.com and get 12 years worth of food for pennies on the pound. Or maybe us tin-foil hat wearing wacko’s are all deluded. I hope so mama, I hope so.
October 29th, 2008 at 8:35 am
Yup. This is the predictable outcomeof the Federal Reserve act of 1913. The banking elite have schemed to get control of the world since the Napoleonic war.
Jefferson of a Federal Bank:
“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
The Fed is a private corporation, registerted in Delaware. 53% of the shares are held by the following:
1. Rothchild banks of London and Berlin.
2. Lazard Brothers Banks of Paris.
3. Israel Moses Seif Banks of Italy.
4. Warburg Bank of Hamburg and Amsterdam.
5. Lehman Brothers Bank of New York.
6. Kuhn, Loeb bank of New York.
7. Chase Manhattan Bank of New York, which controls all of the other 11 Federal Rwerve Banks.
8. Goldman, Sachs Bank of New York.
So, if the Fed is giving money to these banks, is that not a conflict of interest? They are all criminals who have stolen our wealth and our future. They are mortgaging our childrens’ futures to enrich themselves and take down our economy.
Who will prosecute them? No one.
October 29th, 2008 at 8:52 am
Thats what they do say one thing do another and you better post THIS one!!!!!!!
October 29th, 2008 at 9:11 am
–That whenever any Form of Goverment becomes destuctive of these ends, it is the Right of the People to alter or to abolish it, and to institue new Government–
(Declaration of Independence: 2nd paragraph)
WHEN WILL WE THE PEOPLE USE THIS?
THE GOVERNMENT:
KILLS OUR CHILDREN
STEALS OUR CASH
STEPS ON OUR FREEDOMS
i could go: as the DESTUCTION is ENDLESS…..TIME WE TAKE THE GOVERNMENT BACK…
…only one way to do it! REVOLUTION …my friends!
October 29th, 2008 at 10:18 am
All public officials, politicians, bankers, policemen, military officers, should be given the the RELIABILITY TEST, as follows:
You are on a rooftop ledge, your mother is hanging with one hand, and on the other hand she has a bag filled with diamonds. What do you do ? save the mother, or save the diamonds ?
Once they are done with the test, you , we all, will then KNOW we can or cannot TRUST this person.
October 29th, 2008 at 3:36 pm
can anyone say curse of the hypocrite?I’m not following these confused imbeciles!!!
October 29th, 2008 at 3:39 pm
this is to ” we lose above” prosecute them?naah just find out where they live!
October 29th, 2008 at 6:14 pm
Hey, goverment has been this way since goverment began. Things change from time to time because, during some periods of time, people are asleep at the wheel, and other times, people wake up. You can’t bitch about 10% of the people of earth running your life, while you do nothing about it. So, at any given time, things are as they should be.
October 29th, 2008 at 7:10 pm
It all started with the Federal reserve Act of 1913, Flip. That’s when private banks got control over our money. This is the logical end result of that power grab. They are looting our treasury and mortgaging the futures of our children.
T. Jefferson said 200 years ago: “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
The Fed is a private corporation, registered in Delaware. The following banks own the Fed:
1. Rothchild banks of London and Berlin.
2. Lazard Brothers Banks of Paris.
3. Israel Moses Seif Banks of Italy.
4. Warburg Bank of Hamburg and Amsterdam.
5. Lehman Brothers Bank of New York.
6. Kuhn, Loeb bank of New York.
7. Chase Manhattan Bank of New York, which controls all of the other 11 Federal Reserve Banks.
8. Goldman, Sachs Bank of New York.
Now, watch who’s getting the bailout money. Is that not a conflict of interests? The Treasury is giving the money to banks that own major shares in the Fed, in the name of increasing liquidity, when Chase and others have gone on record in the media that they are not planning on increasing loans!! This is a criminal fleecing of the American people, period. We have lost our country.
October 29th, 2008 at 9:25 pm
Assuming this is true, it would be really funny if I didn’t have to live here. Too bad I do.
Looks like I picked the wrong year to stop sniffing glue.
October 29th, 2008 at 10:56 pm
Not Surprised!
October 30th, 2008 at 1:57 am
IMPEACH BUSH!!!!!!!!!!!!!!!!!!!!!
October 30th, 2008 at 2:20 am
Cant wait til his time is up even if he becomes dicator that wont last. Time for him to pay for War Crimes and stay out of Texas!
October 30th, 2008 at 6:04 pm
Here is a Newsweek story about how good mercury in vaccines is for you. Please sign up and go post a comment people. Now!
http://www.newsweek.com/id/165644