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To: Jim McMannis who wrote (106518)1/15/2010 12:38:30 PM
From: Skeeter Bug2 Recommendations  Read Replies (2) | Respond to of 116555
 
>>That's mainly because Obama is defending the Bankers. Plus they don't want their houses to go down more.<<

then we've already lost.

houses will go down more. the only question is will they go down AND will we have to pay trillions in banker bad bets, too? if so, our home prices will go down even more as the P&I payments on the money sent to cover banker losses CAN'T BE SPENT PURCHASING HOMES.

the people have to stop being so stupid and use their brains or we will have little or nothing by the time this looting is over.

people thought bailing out banks would save their retirement funds. while the value has been pumped up, the banker plan is to *STEAL* your entire retirement account altogether. they will disguise in the form of a plan to "force retirement accounts into treasuries" which sounds like an "investment."

it isn't. IT IS THEFT.

once retirements are liquidated, the government will still be in debt - THEY HAVE NO MONEY WITH WHICH TO PAY THE COUPON ON THE STOLEN RETIREMENT ACCOUNTS.

therefore, they will have to raise taxes $1.20 in order to return $1.00 in coupon back to the people.

did you catch the THEFT? the people lose when they sacrifice their retirement fund and then they sacrifice again when taxes are increased more than the return of the coupon.

in effect, we saved the banks and *still* lost MORE THAN 100% of our retirement accounts.

pay attention, people. these international bankers are all about tyranny.

look what they are doing to iceland - freezing the peoples' british bank accounts b/c they won't cover the debts of a few icelandic bankers.

of course, the bankers that lost the money live in britain, haven't had their accounts frozen and live just as well now as they did before they lost the billions. the people, however, are being pressured to assume $20k debt per head with 5.25% interest to pay off the banker debts or *face the consequences* - including losing their british bank accounts altogether.

criminal cartel people. jump the h*ll out of the warming water before it boils or get cooked.