how about give $100,000 to each person with a mortgage in the U.S. - under contract that they must pay off their mortgage? ..... the banks get the money and the people get permanent housing? ! ... HUH?!
Bankers: Bu(ll)sh(it), the home buyers cannot pay to us, so let people pay to us instead. If the congress said no, just tell homeowners you cannot help them because of congress.
Americans with money should take their money and leave for Australia or some Pacific Island. The Russians now are aware that America cannot finance their military and Russia is deploying their most advanced weapons system now. This is Russia's response to the Georgia crisis. Russia developed Tesla Weapons and can take out America in 10 minutes. Google "Russian Scalar Weapons" and you will see hundreds of informative websites on this. Evacuate America before it is too late.
Sept. 29 (Bloomberg) -- "The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide."
In short, the taxpayer bailout already happened, without the approval of Congress, and, surprise, surprise, it didn't work.
Like they said, the people who will lose to foreclosure have little equity in their homes anyway.
Instead of giving money to rich people so they can buy what they want at current prices today, and then having prices skyrocket (since the amount of dollars in circulation increases so much) for the rest of us - let the prices meet the equilibrium they are supposed to have.
Don't let government ruin our dollar to keep prices unreasonably high?
New home that where $300,000 now $39,000 cash
sha370z 6 months ago
how about give $100,000 to each person with a mortgage in the U.S. - under contract that they must pay off their mortgage? ..... the banks get the money and the people get permanent housing? ! ... HUH?!
sarahnewt 3 years ago
Bankers: Bu(ll)sh(it), the home buyers cannot pay to us, so let people pay to us instead. If the congress said no, just tell homeowners you cannot help them because of congress.
Bu(ll)sh(it): Yes, sir, no problem.
pjbridge 3 years ago
the title of this video is off base.. the socialistic bailout plan won't help homeowners anyway... it is only for big banks.
RonPaulvsTyranny 3 years ago
Americans with money should take their money and leave for Australia or some Pacific Island. The Russians now are aware that America cannot finance their military and Russia is deploying their most advanced weapons system now. This is Russia's response to the Georgia crisis. Russia developed Tesla Weapons and can take out America in 10 minutes. Google "Russian Scalar Weapons" and you will see hundreds of informative websites on this. Evacuate America before it is too late.
Cossack007 3 years ago
Then never let privat people print your money and own your central bank.
Zwerg6699 3 years ago
Price for gold
Januar 2008 = 1000 Euro
Januar 2000 = 300 Euro
This say a lot where the money is gone!
Zwerg6699 3 years ago
Price for gold
Januar 2008 = 1000 Euro
Januar 2000 = 300 Euro
This say a lot where the money is gone!
oishiiloops 3 years ago
Nobama and no bailout! They are both nothing but smoke and mirrors tricks.
NoObamain08 3 years ago
how can Americans, trust a man who only months ago was reluctant to even admitting trouble in the economy.
bush would have used the $700billion to buy mass amounts of lipstick.
ron paul has been saying this, literally, for years...
slaytonb 3 years ago
You're thick as pudding if you think the proposition would've helped homeowners.
Kogerii 3 years ago
Sept. 29 (Bloomberg) -- "The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide."
In short, the taxpayer bailout already happened, without the approval of Congress, and, surprise, surprise, it didn't work.
TheSharpenedPen 3 years ago
the fed needs to bow down to congress and congress needs to bow down to the people
the people should abolish the fed.
oishiiloops 3 years ago
Playing with tense and make panic to earn your money?
Zwerg6699 3 years ago
Like they said, the people who will lose to foreclosure have little equity in their homes anyway.
Instead of giving money to rich people so they can buy what they want at current prices today, and then having prices skyrocket (since the amount of dollars in circulation increases so much) for the rest of us - let the prices meet the equilibrium they are supposed to have.
Don't let government ruin our dollar to keep prices unreasonably high?
We need to save, and 0% rates are no incentive...
stevemcgee99 3 years ago
We actually need this..... I know its hard to swallow, but we need to deflate, not inflate. and deff. not let the fed step in and make it worse.
narfer121 3 years ago 5