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Name:   Firefighter The author of this post is registered as a member - Email Member
Subject:   Question
Date:   9/27/2008 10:20:33 AM

You mean 800 billion. This last thursday Washington Mutual Bank (the largest bank of its kind in the country) failed and the FDIC stopped operations. By friday the assets were transferred and business went on as usual.

The only reason the treasury, Fed and the banking committee want to bail out the banks and insurance co. AIG is because the members of the banking committee, Obama and McCain have received millions in donations from them. Neither has the guts to stand up for the average person in the country that will be paying the bill.

Unfortunately, during the McCain / Obama debate they both said the deal would go through and all that remained were the details. They are both selling us out. I listened to a number of reviews that were directly opposed to the bailout as none of the problems are being addressed and after the bailout it would be business as usual.

Please note that the 800 billion is just the beginning as the wording states that any additional funds required are to be accepted without further approval by congress.
Other messages in this thread:View Entire Thread
Question - Nutin Bitein - 9/26/2008 8:06:10 PM
     Question - water_watcher - 9/27/2008 8:15:58 AM
     Question - Firefighter - 9/27/2008 10:20:33 AM
          Question - water_watcher - 9/27/2008 10:45:21 AM
               Question - Feb - 9/27/2008 7:35:47 PM
                    No you aren't - Swimmer27 - 9/28/2008 7:53:13 AM
                    Question - water_watcher - 9/28/2008 9:46:28 AM
                    Question - water_watcher - 9/28/2008 9:50:46 AM
                         Question - Feb - 9/28/2008 10:40:30 AM
                              Question - Talullahhound - 9/28/2008 4:59:21 PM
                                   Question - water_watcher - 9/28/2008 6:51:27 PM
                                        Question - Talullahhound - 9/28/2008 8:28:25 PM
                                             What is a Walker Coonhound - MartiniMan - 9/30/2008 5:12:39 PM



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