Hundreds of Billions – Again

September 19, 2008 at 8:26 pm Leave a comment

President George W. Bush, flanked by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, acknowledged that the [bail-out] program will put a “significant amount of taxpayers’ money on the line.”

[Treasury Secretary] Paulson was asked the approximate dollar size of the government intervention. “We’re talking hundreds of billions,” he said.

Oh – but we already spent hundreds of billions rebuilding Iraq.  All the while Bush’s Republicans were nation-building – America’s economy was heading into the crapper.  

So who will be paying interest on this loan to?  Communist China again…  We already buy everything from China and we finance everything through China.  Does the Bush Administration want us to be Communist?  To destroy America like this, Bush must really hate us.  Who the hell votes for more Republican leadership?  Everything (everything) is such a mess.  Unless you make 1/4 million per year and you’re afraid you’ll go hungry after a tax hike, I just don’t see how informed, intelligent people could support this leadership. 

On the SEC Chairman:

http://today.msnbc.msn.com/id/26184891/vp/26787948#26782378

 

 

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