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 bailout  crisis  Fed  fraud  housing  mortgage  sub-prime  Treasury  

Channel: News & Politics
Uploaded: December 31, 1969 at 11:59 pm
Author: StephJ623
Length: 10:20
Rating: 4.89
Views: 9826
Henry Paulson is about to be given an $800 BILLION dollar blank check in the form of an increased Federal Debt Ceiling which he can spend on Fannie Mae and Freddie Mac IN ANY WAY HE CHOOSES, INCLUDING BUYING THE CRAPPIEST LOANS THEY HAVE AND STICKING A ONE HUNDRED PERCENT LOSS, $800 BILLION WORTH, ON YOUR TAX BILL.A huge percentage of the debt issued by Freddie and Fannie - about $1.5 trillion worth - is held by foreign central banks. Paulson is proposing to bail out the Chinese and Japanese governments with our tax money!Paulson SAYS he will "protect the taxpayer." THE BILL ALLOWS HIM TO SCREW YOU WITH ABSOLUTELY NO RECOURSE.THIS BILL MUST NOT PASS.Please go to http://www.FedUpUSA.org to see what you can do to stop this and http://market-ticker.denninger...

Video Comments

zppz (December 31, 1969 at 11:59 pm)
a really good vid. 5 stars
orm84 (December 31, 1969 at 11:59 pm)
I think everybody hates America actually
nonamelef (December 31, 1969 at 11:59 pm)
Good point. A rational person would think about that. Socialists, however, do not.
johnlatham02 (December 31, 1969 at 11:59 pm)
Why doesn't he reference irresponsible decision making on the part of the American consumer? I understand why candidates (particularly Dems) can't reprimand the idiots that spend outside their means, but why does he only attack the investors and corrupt legislators?
Meowbay (December 31, 1969 at 11:59 pm)
What really surprizes me most is your stupid ignorance for the facts. It's not that nobody knew what was wrong, I mean:Check the BOTTOM on this pagecia. gov/library/publications/the-world-factbook/rankorder/2187rank. html(remove spaces for the URL)
pr0gr (December 31, 1969 at 11:59 pm)
It's $700bn 'At ANY ONE TIME' the bill is a giant washing machine. the $700bn is the size of the drum. Once the first $700bn is shifted off to the chinese and arab sovereign funds at a price/loss to the taxpayer another $700bn can be moved into the washer.
bikersrule07 (December 31, 1969 at 11:59 pm)
AHHHHHHH okay no problem my freind, i was confused with what you said,im used to people who hate america,no problem with that,and lets face it my typeing is terrable and my grammer,thanks i hope to have more talking again with.
siwi1982 (December 31, 1969 at 11:59 pm)
Biker I see how I offended you, that sentence should have been, unlike the french who hate America, i love your country. A typing error. My apologies.
siwi1982 (December 31, 1969 at 11:59 pm)
Biker I see how I offended you, that sentence should have been, unlike the french who hate America, i love your country. A typing error. My apologies.
bikersrule07 (December 31, 1969 at 11:59 pm)
There will allways be an america,no matter what,because the american people have a deep resolve,a deep commitment to this country,this country was born on grit,and blood,they work hard,and play hard,and yes when america fucks up,like now we fuck up,name me whitch country dosent fuck up? or hasent fucked up or will fuck up?? and lets put that country under the microsope,just like the rest of the world does to america.

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