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Message: Where is the public outrage? MIDAS

Where is the public outrage? MIDAS

posted on Oct 21, 2008 02:49PM

This is the "transparency" Paulson was promising!

http://www.huffingtonpost.com/david-...
blacks-out-key-p_b_136030.html

Cheers
Adrian

More from Adrian re Paulson...

Bill,
Has "outrage" been banned in America? Does no one have their blood boiling at Paulson telling the banks they are expected to use part of the bailout money to make acquisitions?! This is incredible! This is free money for the banking cartel to swallow up the small fry competition and make the Cartel an unchallenged monopoly and to add insult to injury to do it with our money! This is a re-run of the panic of 1907.

http://www.marketwatch.com/news/story/
bank-deals-fueling-otherwise-moribun...
%7BB4F01009%2D02B1%2D4C6E%2D8498%2D8...

Banks don't need cash for M&A

Commentary: Paulson's plea for banks to use bailout funds

By MarketWatch

Last update: 1:05 p.m. EDT Oct. 21,

NEW YORK (MarketWatch) -- U.S. Treasury Secretary Henry Paulson is hinting that the $250 billion cash infusion aimed at nine banks is coming with strings. Banks will be expected not only to lend the new money but to buy weaker rivals as part of the plan giving government ownership stakes in financial giants such as Bank of America Corp

END

The TARP must rate as the biggest heist in history after the Federal Reserve Act. The Congress was told that the people were going to be robbed blind by using taxpayer money to buy bad assets from banks that should have gone bankrupt AND then they voted for it!

I have heard of consensual sex but never consensual larceny.
Cheers
Adrian

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