Bo-Honkey

Posts tagged ‘bailout’

Did you know the bailout money that you will be paying for years to come with your taxes, and inflation is being given to foreign banks? Large portions of money given to AIG in its share of bailout money was given to banks in England, France and Germany. This is a little under 200 billion [...]

The Obama administration & Chris Dodd are arguing about who was responsible for writing in a loop hole for the companies that have already received bailout money to give bonuses with that money. So basically the bill is only for money to be given out in the future. O yes get ready for more bailouts… [...]

Last time I brought up the total cost of the bailout back in November it was 7.7 Trillion. Well that number has gone up another two trillion since then, and sad part about is that this article is a little over a month old. I have told a few of you about a cool little [...]

According to Bloomberg.com the government is willing to up the bailout to 7.7 Trillion dollars to guarantee big banks bad investments. Our economy is in its death blows, and yet the government is willing to almost double our national debt to stop global banks from going under. Don’t kid your self if you think all [...]

On a recorded phone call a chase exec unwittingly admits the bailout is for takeovers and restructuring, NOT new loans to stimulate the economy. Guess that explains why they are keeping the money so hush hush. Boycott the banks, and join a Credit Union… or better yet invest in god, food, gold/silver & guns/ammo. article:http://www.nytimes.com/2008/10/25/business/25nocera.html?pagewanted=print

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