Bailout bill fails on first House vote; what next is unclear
The $700 billion bailout of the financial industry failed to win congressional approval on Monday, with the House of Representatives rejecting the measure. The measure could still be reconsidered today — if the Republicans request it. It was unclear whether that would happen, however. Read More CLICK HERE
Americans! U.S. Sec. Treasury Henry Paulson (”His bail out or no bail out”) is one of the owners of the Federal Reserve. He has no business negotiating. He should be replaced with someone that has no interest and will not gain from these negotiations.
US. SEC. TREASURY HENRY PAULSON - - EX -CEO OF GOLDMAN SACHS has a 4.58 million share stake in Goldman Sachs.
What is he doing making deals for Goldman Sachs? CONFLICT OF INTEREST! Goldman Sachs made a profit in August of 2008 of $6 billion dollars
Why is the Fed borrowing $700 billion dollars from China and Russia? Why is the Fed not protecting American foreclosed mortages and impending mortgage foreclosures. They should allow American citizen refinancing instead of making it easy for foreign entities to own American homes.
Info about Federal reserve below is from Thomas W. Trefts> The Federal Reserve is not a government entity. The Federal Reserve is owned by: Rothchilds of London and Berlin> Lazard Brothers of Paris> Israel Moses Seaf of Italy> Kuhn Loeb and Co. of Germany and New York> Warburg and Company of Hamburg, Germany> Lehman Brothers of New York> Goldman Sachs of New York> Rockefeller Brothers of New York. All are foreign entities. The ones in New York are only branches of European establishments. There are approximately three hundred additional people (mostly relatives) who hold stock or shares. They compromise the ownership of massive wealth which is beyond man’s comprehension.
U.S. Secretary Treasury, Henry Paulson has no business negotiating for the Fed. He is one of the owners.!
Why did the Fed extent a $30 billion dollar credit line to JP Morgan Chase so they could buy Bear Stearns stock at $2.00 a share? Total amount for shares was $236 million dollars. Why did they get $30 billion dollars? Why didn’t the Fed blast the air waves and television and inform American citizens that they could purchase stock at $2.00 a share. Most Americans would of grabbed that opportunity and would of had direct ownership.
The Federal Reserve is borrowing $700 billion dollars that will be added to American’s backs. Most of this money will be going to Goldman Sachs and JP Morgan Chase. Americans, these globalists do not need bailing out. It is unconstitutional to bail out private corporations. No one bails out a small business. The small business walks off broke. These fat cats are getting richer at American’s expense! Let everything fall. we will recover much sooner.
Please call your Representatives and U.S. Senators and tell them NO to Bail OUT OF FOREIGN ENTITIES AT TAXPAYERS EXPENSE. Ask your Reps and Senators,
Do they represent you or foreign entities?. After you have called your Reps and Senators, please call the rest. You may not live in their state, but they are making decisions that affect you. They do not hesitate to send you letters for donations when they are up for re-election…Please forward…Loretta (Lorie) Weston
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