Wednesday, October 01, 2008

Bank, bailouts, extortion and the Senate

Well Wall Street and the banks seem to be using extortion to try and get Congress to have U.S. taxpayers buy up their crap sub prime loans. In the Senate it looks like their lobbyists may have succeeded in getting dumbocrats like Chris Dodd to railroad this through. Meanwhile the banks are using extortion to make the situation worse. By tightening credit the are making the situation worse on purpose/ Nobody is actually asking the question that these banks can not keep up this extortion for long because they are in business to lend money. That's why they are trying to rush Congress to pass this bailout bill before people realize the game they are playing. If they get away with it it will be the biggest rip off the U.S. taxpayers.

No comments: