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Post Info TOPIC: Paulson, Bernake, Bush... worst PUG ever


Senior Member

Status: Offline
Posts: 278
Date: Oct 1, 2008
Paulson, Bernake, Bush... worst PUG ever


I would normally oppose putting political info in a gaming thread, but this is getting ridiculous.

This bailout of foreign banks is out of control.  Despite adding some carrots to the bill to entice people to buy off on it, they are still going to be dumping on us a load of crap from the entire world.  The wording of the bill makes it clear that any bad mortgage, anywhere, owned by anyone can be bought off.  Despite strong words, we have no recourse to get back our "investment" from companies that fail or lose value (ie. fail).  If these assets were going to make a return, then they would be purchased on the market.

What it really means is you're gonna have to cover a 25% increase in taxes and deal with the devaluation of the dollar as the Fed attempts to double the money supply.  Please contact your senators and tell them to tell foreign investors to get bent.

What the bill really means:
http://market-ticker.denninger.net/

Who is really paying for it:
http://www.opensecrets.org/politicians/summary.php?cid=N00000581&cycle=2008
http://img519.imageshack.us/img519/383/contributionhighlightsbm0.jpg Contact your Senators today before the votehttp://www.usa.gov/Contact/Elected.shtml

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4th: Shiny Lvl2 Dragonborn Palladin<LE> - 12 Goblins, 7 Zombies, 1 Wight, 2 NPCs, 2 Q&A, 0 Conversions
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