URGENT - The Bailout in Under One Minute!

Lucille

Member
Joined
Oct 30, 2007
Messages
15,019
This needs to go viral. We are running out of time!

From SupportedTheBailout.org:

"Hundreds of billions of dollars are going to bail out FOREIGN INVESTORS. They know it, they demanded it, and the bill has been carefully written to make sure that can happen." - Brad Sherman , D-California.

The Bill says:

(9) TROUBLED ASSETS.—The term ‘‘troubled assets’’ means—

(A) residential or commercial mortgages and any securities, obligations, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes financial market stability;

and (B) any other financial instrument that the Secretary, after consultation with the Chairman of the Board of Governors of the Federal Reserve System, determines the purchase of which is necessary to promote financial market stability, but only upon transmittal of such determination, in writing, to the appropriate committees of Congress.

Note carefully - there is no "Made in the USA" requirement, and nothing prohibits a non-US institution from "selling" a security to a US bank, which then immediately resells it to the TARP. Nor is there any provision to prevent Secretary Paulson from defining any other financial asset as "promoting financial market stability", and while he must notify Congress, they cannot block his purchase.
 
Why do you think... they have the MAIN STREAM MEDIA (MSM) aka 4th Branch of Government pushing the BAILOUT. They're paying them too!

NO MONEY for WASHINGTON DC... NONE

DON'T buy into the Propaganda and LIES...

The SHARKS are lickin their chops and they want that CA$H. They will stop at nothing to get it from the PEOPLE.

NO BAILOUT

NO MORE MONEY for WASHINGTON!

They're all LIARS... EVIL
 
Thank GOD the truth comes out! Digg/Favorite/Bump as much as possible!
 
I include the part at the bottom in my Faxes and emails today:

Headline: "Sen. Dole/Burr/Congress Voted To Bailout Foreign Banks With U.S. Taxpayer's Money"

Dole's in a close race - I told her/them I would never vote for anyone who votes for such legislation

Everyone hit her up - Ron Paul included her on his list of key votes:

From Ron Paul

The following Senators are considered key votes. Please take a moment to call these Senators and urge them to cast their vote against this dangerous legislation. And please, call your two U.S. Senators and urge them to vote no as well.

Elizabeth Dole (NC) -

  • D.C.: Phone: (202) 224-6342 Fax: (202) 224-1100
  • Raleigh: Phone: (919) 856-4630 Fax: (919) 856-4053
Norm Coleman (MN) -

  • D.C.: Phone: (202) 224-5641 Fax: (202) 224-1152
  • St. Paul: Phone: (651) 645-0323 Fax: (651) 645-3110
St. Paul Office:
2550 University Avenue West, Suite 100N
St. Paul, Minnesota 55114
Phone: (651) 645-0323
Fax: (651) 645-3110Mankato Office:
12 Civic Center Plaza, Suite 2167
Mankato, Minnesota 56001
Phone: (507) 625-6800
Fax: (507) 625-9427

Grand Rapids Office:
200 Northbank Center 206B, Northeast 3rd Street
Grand Rapids, Minnesota 55744
Phone: (218) 327-9333
Fax: (218) 327-8637

Moorehead Office:
810 4th Avenue South, Suite 203
Moorehead, Minnesota 56560
Phone:
Fax:

Roger Wicker (MS) -

  • D.C.: Phone: (202) 224-6253 Fax: (202) 228-0378
  • Jackson: Phone: (601) 965-4644 Fax: (601) 965-4007
Gordon Smith (OR) -

  • D.C.: Phone: (202) 224-3753 Fax: (202) 228-3997
  • Portland: Phone: (503) 326-3386 Fax: (503) 326-2900
Lyndsey Graham (SC) -

  • D.C.: Phone: (202) 224-5972 Fax: (202) 224-3808
  • Greenville: Phone: (864) 250-1417 Fax: (864) 250-4322
Ted Stevens (AK) -

  • D.C.: Phone: (202) 224-3004 Fax: (202) 224-2354
  • Anchorage: Phone: (907) 271-5915 Fax: (907) 258-9305

Search a complete Congressional list to find and contact your Representatives.



=================



"Hundreds of billions of dollars are going to bail out FOREIGN INVESTORS. They know it, they demanded it, and the bill has been carefully written to make sure that can happen." - Brad Sherman , D-California.

The Bill says:

(9) TROUBLED ASSETS.—The term ‘‘troubled assets’’ means—

(A) residential or commercial mortgages and any securities, obligations, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes financial market stability;

and (B) any other financial instrument that the Secretary, after consultation with the Chairman of the Board of Governors of the Federal Reserve System, determines the purchase of which is necessary to promote financial market stability, but only upon transmittal of such determination, in writing, to the appropriate committees of Congress.

Note carefully - there is no "Made in the USA" requirement, and nothing prohibits a non-US institution from "selling" a security to a US bank, which then immediately resells it to the TARP. Nor is there any provision to prevent Secretary Paulson from defining any other financial asset as "promoting financial market stability", and while he must notify Congress, they cannot block his purchase. "
 
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