URGENT: The FED refuses to indentify 2 Trillion in New Bailout Dollars.
11/11/2008 – The financial world was fixated on Capitol Hill as Congress battled over the Bush administration’s request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention.
But corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion. The sweeping change to two decades of tax policy escaped the notice of lawmakers for several days, as they remained consumed with the controversial bailout bill. When they found out, some legislators were furious. Some congressional staff members have privately concluded that the notice was illegal. But they have worried that saying so publicly could unravel several recent bank mergers made possible by the change and send the economy into an even deeper tailspin. In addition, AIG, seeks more bailout funds after their recent $85 billion direct deposit.
This is addition to the:
- $700 billion dollar housing bill bailout.
- The $140,000,000,000.00 Bailout No One Saw… Until Now.
- AIG to get $150 billion dollar bailout.
- $250 investment into nation’s banks.
- $50 billion planned for GM; Ford seeks bailout of undisclosed amounts.
Fear of economic colapse sparking once unthinkable plans
- Gorbachev calls on Obama to carry out ‘perestroika’ in the U.S.
- Britan wants to censor media
- UK’s Brown: Create World Order
We are pushing two trillion dollars in bailouts, a war pushing two trillion dollars and yearly government deficits of a trillion dollars, according to Obama’s budget.
This equates to about $13,000 for every man, woman and child in America.
And while our deficits before, we had borrowed from other countries. The current crop of bailouts seem to be printed money, a promise to the people that they will pay back everything.
However, when you print money and inject it into the system at these levels, we have inflation. A trillion dollars could buy a pack of gum in the future. And the treat is real.
- Fear gripping congress, secret meetings going on, and marshall law threats keep a panic atmosphere.
- Key treasury official: this is just the beginning.
We don’t need liquidity, we need savings:
[youtube="http://www.youtube.com/watch?v=db7SM3wb_No"]
Next year a colapse?
[youtube="http://www.youtube.com/watch?v=jB9fuIvksLw"]
Folks, it is time you gather 3 months of food-storage for every person in your family; and water for two weeks. If we see a colapse of the government, we there will be no distribution of food to grocery stores and we will have trouble.
