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#1
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posted to rec.boats
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Looks like they are going to pass a bill without protecting the US
taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... |
#2
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posted to rec.boats
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On Oct 3, 12:33*pm, wrote:
Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. |
#3
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posted to rec.boats
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On Oct 3, 1:29*pm, wrote:
On Oct 3, 12:33*pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. |
#4
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posted to rec.boats
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On Oct 3, 2:01*pm, wrote:
On Oct 3, 1:29*pm, wrote: On Oct 3, 12:33*pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... |
#5
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posted to rec.boats
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![]() wrote in message ... On Oct 3, 2:01 pm, wrote: On Oct 3, 1:29 pm, wrote: On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... ------------------------------------------------------------------------------------------------------ Oh boy..... sounds like you guys are going down and you'll probably take us with you. You need a real overhaul of your financial system...it isn't working anymore. |
#6
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posted to rec.boats
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Don White wrote:
wrote in message ... On Oct 3, 2:01 pm, wrote: On Oct 3, 1:29 pm, wrote: On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... ------------------------------------------------------------------------------------------------------ Oh boy..... sounds like you guys are going down and you'll probably take us with you. You need a real overhaul of your financial system...it isn't working anymore. What we have is capitalism for the poor and middle class, and socialism for the wealthy. |
#7
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posted to rec.boats
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Don White wrote:
wrote in message ... On Oct 3, 2:01 pm, wrote: On Oct 3, 1:29 pm, wrote: On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... ------------------------------------------------------------------------------------------------------ Oh boy..... sounds like you guys are going down and you'll probably take us with you. You need a real overhaul of your financial system...it isn't working anymore. "Oh boy"...sounds like an idiot posting. |
#8
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posted to rec.boats
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![]() "Don White" wrote in message ... wrote in message ... On Oct 3, 2:01 pm, wrote: On Oct 3, 1:29 pm, wrote: On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war. Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... ------------------------------------------------------------------------------------------------------ Oh boy..... sounds like you guys are going down and you'll probably take us with you. You need a real overhaul of your financial system...it isn't working anymore. Yep. most investors left the mortgage market a long time ago. I know I did. It is now in essence government owned. A new USSR, United States Socialist-Bank Republic. Lets face it, what is really causing this is that the government will not let interest rates float to where they should be. And where they should be is much higher to reflect inflation and risk, and oh ya, profit for having it to use. This is probably the first step in the nationalization of the US economy. Case in point, not one bank anywhere ran short of cash. They ran short of cash they were willing to pay for and pass on to debtors. Banks just passed debt from Wall Street to Main Street and now we who are not f'ing the system get to pay for it. When in fact Wall Street should eat it and black ball all the directors and executives involved. |
#9
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posted to rec.boats
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![]() wrote in message ... On Oct 3, 2:01 pm, wrote: On Oct 3, 1:29 pm, wrote: On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. Scotty, Bush and company have been borrowing money, and thus oweing China for a long time, and at an astounding rate to fund the war Different issue.. The bill they passed today allows them to sell their bad debt to American banks and we will buy them up along with our own bad debt... You mean paying one credit card off with another? I will predict oil goes up in the next month or so relative to the USD. Cause, currency dilution/inflation. The only reason it could go down is that the US economy skips recession and goes for depression. Which is also possible. |
#10
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posted to rec.boats
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![]() wrote in message ... On Oct 3, 12:33 pm, wrote: Looks like they are going to pass a bill without protecting the US taxpayer from China and others pawning their own bad loans on US banks.. They should all be thrown out... Well, we just got sold out to China.. True. Last I checked the Chinese government had $1.5 trillion USD on deposit. They really needed to let the banks go down, then bail out depositors but not creditors. And the share/bond/directors/executives holders left with zero. I say depositors, as your money in a currency is only as good as it is backed and not diluted. I have a gut suspicion this plan of theirs is not going to work or have a mean back bite. The markets were not impressed. I am not. Just more taxes, inflation and **** poor interest rates. Stupid Canadian government is doing it too. |
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