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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (19206)3/27/2009 6:29:28 PM
From: niceguy767  Read Replies (1) of 71475
 
I hope that you are not surprised! It is almost as if the gov't bureaucrats and Wall St. are taunting Main Street by flaunting these unconscionable and irresponsible actions in our face.

Let's see. The government, in this latest sleazy tactic, now subsidizes the purchase of toxic assets by investors, where subsidizing is out of Main Street's pocket. But wait a minute here...the pool of investors includes AIG and City Bank.

In other words, AIG and City Bank and the rest of these sleazy operators (undoubtedly with the full knowledge of our gov't bureaucrats) are purchasing their own discounted assets, which are subsidized by the government.

You got it! The gov't is effectively rewarding, via subsidies to the pool of investors, the purchase of these toxic assets...Yet another subsidy to AIG and CityBank!

Where does the sleaze end? Is the government by its actions spawning civil disobedience? Will only a civil uprising stop these sleazy and shameless leaders in their tracks?
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