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Overunity Machines Forum



This economic meltdown is no accident folks

Started by Cap-Z-ro, September 20, 2008, 10:36:14 AM

Previous topic - Next topic

0 Members and 8 Guests are viewing this topic.

ResinRat2

Well FannieMae and Freddie Mac's were created in the 1930's under Roosevelt's socialist New Deal to give financial support to thrift and savings banks and to fund mortgage loans issued by the Federal Housing Administration (FHA). They were created to make home ownership more affordable but over the years they both turned into socialist tools to get people who had no means to own homes into home ownership. These two programs encompassed more than half of the failed mortgage loans in the current crisis.

It was the United States Federal Government's socialist policies that caused this crisis. Now they want to throw more money at it and still keep people who can't afford their homes in place. What a crock! I even heard one newscaster reporting that student car loans are being thrown into it too. The only policy changes they will make is to draw more money from the Federal coffers. They are coming in with their additions to this bill and feasting like flies on a dead body.

Yep, print up more paper cash to cover it all and dump it on the almost $10 Trillion dollar debt that we have already accumulated. What a horrendous crime they are committing, and we are dumping the bill on our children. It makes me sick.
Research is the only place in a company where you can continually have failures and still keep your job.

I knew immediately that was where I belonged.

ResinRat2

As if all this mortgage thievery isn't enough, look what the Automobile Manufacturers are trying to sneak in. THEY want a bailout TOO!!!!!

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=76478

Come on United States! How much more are you going to put up with???!!!
Research is the only place in a company where you can continually have failures and still keep your job.

I knew immediately that was where I belonged.

z.monkey

Howdy ResinRat2,

Everybody wants a piece of the American Pie.  While were at it can I get a couple Billion for my small electronics design business.  I figure that's not too much to ask for since everyone else wants hundreds of billions...

Blessed Be...
Goodwill to All, for All is One!

hydrocontrol

Quote from: ResinRat2 on October 03, 2008, 12:41:28 PM
As if all this mortgage thievery isn't enough, look what the Automobile Manufacturers are trying to sneak in. THEY want a bailout TOO!!!!!

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=76478

Come on United States! How much more are you going to put up with???!!!

And while they are at it California needs a 7 Billion dollar bailout.
http://www.cnn.com/2008/POLITICS/10/03/california.loan/index.html

Yep.. Everyone is jumping on the bandwagon. The dollar is going to be so worthless. No need for the Grandchildren paying for this. It will not last that long. Just like the banks the country is going to be so broke that it will go to the highest bidding other country... Lets see... The United States of 'insert country name here' ?? .
LOOK AT THIS ARTICLE FROM CNN IN 2004.

http://www.cnn.com/2004/WORLD/meast/11/01/binladen.tape/

Bin Laden: Goal is to bankrupt U.S.

Looks like he has achieved his goal and US Government was happy to help. It is like watching a train wreck in slow motion and you are powerless to do anything about it... We are all so screwed. Not just the US but everyone. Endgame..


Kator01

Hi folks,

have a look at this :


http://www.prisonplanet.com/hoax-bank-closure-story-peddles-bailout-propaganda.html


Hal Turner is a FBI-Desinforman-Agent driving people crazy.

Regards

Kator