"Peace, Land, and Bread" But at what Price? $700 Hundred Billion Bank Bailout.

[borbo23]

Mmm, love this government. Liberals want to make sure capitalism keeps going by any means possible. Republicans just want to turn back the clock 100 years when workers had no rights.

[masoodo66]

iran 4ever

[DowJones16WB]

Tim Geithner,Henry Paulson and Ben Bernanke should be tried for treason.Treason is in season a global financial meltdown is taking place and it looks like it's by design.This is like a financial Katrina.

[oztronix]

So many doom sayers, ok let's step into line, for a bit, and be faster than Chellente: Here's prediction by Oztronix: -Prepare for total POWER DEMISE of: US, UK, and other English speaking peoples. -Embrace the rise of the: United States Of Europe (or you're screwed) . -Prepare for the total world take over ATTEMPT, by China and her allies. -Prepare for the war, between Euro-Asia, and East-Asia, (read related G. Orwell novel again, and this time: CAREFULLY).

[badattitude77769]

Globalization is only for the rich elite who want total control, power, and money.

Your words ring true to me. Thank you.

[Taichigun]

us $,wallstreet(bonds,papers),wil­l be bailed out by the country who has all the gold,merchants will prosper again, but the whole world will be sold.

[luke666808g]

We in Australia have no farm subsidies, the EU does, the EU despite a gentlemens agreement has put a $1000 per tonne export subsidy on dairy products, protectionism is simple, they subsidize it, we should tax it, yet we don't, we're too good natured for our own good, I say fuck the EU, and fuck everyone else too, "free trade" is nothing but managed trade for the good of corporations, we should be looking out for our own interests. I say to hell with the globe, I want my national sovereignty back

[socsol]

i agree to an exstent, but Globalization is occuring as a result of the interconnectedness of our society, our technology, our international economies. It is benificial & profitable to increase your trading partners by simply exporting/importing goods from elswhere, ease of travel increases this.

My point is, the increased revenue, technology, power increased by "globalization" is percieved as far greater than its pitfalls. Making globalization a reality rather than a mere political idea.

[luke666808g]

Globalization isn't happening because of interconnectedness, that's bullshit feel good reasoning that doesn't make sense to me, globalization is a result of politics and conquest. But I'm not anti-trade, I'm in favour of trade, I just hate the WTO and I don't believe that trade agreements should exist, I believe that each country should have the right to dictate their owns terms, change them when they like and have complete sovereignty.

[luke666808g]

Google the Georgia Guide Stones and see if you still think globalism is about warm and fluffy "interconnectedness"

[socsol]

of course i agree, and im not a supporter of the WTO or IMF. but Globalization is much more than these minor institution and has been in effect for decades.

weaker nations gravitate, by choice or not, towards the super power in their region..

When mexico's currency crashed to the point of debt default in the 90's it was America who bailed them out.

When Independence reached the former soviet countries of central Asia, it was China that settled borders and boosted trade.

[luke666808g]

In regards to the Mexican currency crisis.

When you control the printing press of the worlds reserve currency, and you control the interest rates, you can destroy and rebuild countries at will, so I have a MAJOR problem with the bretton woods system and the paper dollar standard, so I wouldn't go praising the US for "saving" Mexico.

[socsol]

and it was the E.U. who brought reconstruction to the impoverished Balkans and Eastern Europe in the 90's along with modernizing and boosting Trade.

These are ALL examples of Globalization. There are of course many other negative impacts unless restrictions are put in place. But you see, Globalization is not simply a mere "idea" put foward but, if i may borrow an economic term, the "invisible hand" of geo-politics at work.

[luke666808g]

Yeah, I'm not exactly against all forms of globalization, but there are builderberg meeting (globalist think tank for the super rich) documents from over 40 years ago stating that they wanted to create a Europe wide super state and single currency, so not exactly an "invisible hand"

[LuckyTyphoon]

wow. well said

[yakyakyak69]

This (bailout) is the PRIVATELY owned Federal Reserve Bank foreclosing on America with the help of their agents in Congress and the media!

The Fed is stealing real estate in exchange for fiat currency and debt they created from thin air fraud.

Obama, McCain (McBama) and Biden all voted FOR this foreclosure. Vote Change... who?

Hello, Voting for this foreclosure is TREASON!

The 1st Amendment did not work!

Is it time to use the 2nd Amendment to replace the traitors in Congress?

[sidewalkperformers]

That was great! !!!!! depression - slavery? .. I choose depression.  ..

Abolish the fed.

[Scoot2612]

McCain postponed the campaign to save the economy. 133 Reps dropped him in the ocean.

And why doesnt he want to talk about blame? Every person with sense will know that he screwed up.

The biggest problem was that he and the rest did not communicate well enough that the taxpayer will not be the victim.

French, English, Swiss, German, Belgium, Luxembourg and Dutch people understood why their governments bailed out banks last Monday. It will save our homes, jobs and most of all the economy.

[cyberpsygen7]

it WILL NOT save your home, job, or economy. consolidation of wealth is a BAD thing that you must avoid like the plague. this is nothing more than the elite that own 70 percent of the planet printing out a bunch of funny money to buy up the last 30 percent.

[12235117657598502586]

Well said that man - BRAVO!

[lookhearseee]

Bravo, outstanding speech, thanks for the tip man.

[torbenmiller1]

A GREAT speech Rep. Thaddeus McCotter . I am not American but I can only agree , the Bail out don't sound like the right solution to me, since so many vote against it. 5 * thanks for sharing.

[goldage2007]

No bail out! If government wants to help the nation (instead of helping CEOs and investment crooks), they should buy at minimum the bank property and real estate and fix the overblown mortgages and prices.

Let the greedy bankrupt go bankrupt! Government never bails out the hard-working citizens who r in debt for tuition money or anything else. Bail out the irresponsible greedy bunch of banks and corporations? NO!!!

[jdgfanatic]

Thank you to Rep. Thaddeus McCotter of

Michigan, stand for your principal!

No $700 billion dollars that Paulson wants

to BAILOUT...WHO?...CHINA!

[1ProLife]

Outstanding! Thank you!

[didesigns]

i am with starcatcher888 on this...give me liberty and freedom or give me death!! Absolutely NO to the Bail Out of Weathy Gamblers!  Instead they need to lower home values to the price they are truly worth and readjust mortgages accordingly...Down with Inflated prices and Wall Street Egos!!!! The American people have been Raped and Pillaged for far too long now...this MUST end!!!