Re: Let Wall Street go bankrupt and Main Street will win.

[Bee]

time wrote:

> Barack Obama's and other Acorn community activists worked with
> democratic politians to get loans and housing for those who couldn't
> pay. During the Clinton administration, Obama and other left-wingers
> voted for Fannie Mae and Freddie Mac loans for black and other racial
> minorities and immigrants who they knew could never possibly pay them
> back. These gift loans & homes caused the current mortgage crisis and
> greatly added to the Wall Street economic problems. Obama's friends at
> the FM's made millions - one of the chairmen made 90 million over 5
> years.
>
> The chairman of Goldman-Sachs sat in on the AIG bailout meeting with his
> buddy, Paulson, the secretary of the treasury, because he had an
> investment of 5 billion dollars in the company. This is called severe
> conflict of interest.
>
> Let Wall Street go bankrupt and Main Street will win.

I agree. We would have a rebuilding from the grassroots upward, not vice
versa. The demise of Wall Street would be the demise of globalism.

>
> They are lying to us and using the media to make us believe that the
> country will fail without the bailout - when it is the lying robber
> barons who stand to lose the most. And the two-party system is right in
> the middle of it. Vote 3rd party, independent or write in a candidate
> and vote out all incumbents.
>

[Fred]

Bee wrote:

Yes, they are lying, because most of that money goes to their
friends, and this may very well be why they planned the failure in
the first place.(??) But as far as Main street winning, it's my
opinion that main street is not nearly well enough organised to
capitalise on this. Switch to worker owned cooperatives that are
egalitarian in their political structure and you may have a chance,
but it takes more than that. You'd have to be organised at the
national level and who does that these days?! Such grass roots
organisation has been "discouraged" by the right wing governments.

--
Peace,
Fred
(Remove FFFf from my email address to reply by email).