*DIGG*THE REAL REASON BEHIND THE BAILOUT! **EXPLOSIVE** watch!
Submitted by BoDeeDoe on Wed, 10/01/2008 - 06:27
in
http://digg.com/world_news/THE_REAL_REASON_BEHIND_THE_BAILOU...
You won't believe it. This isn't about OUR banks, its about taking toxic GARBAGE from the CHINESE, BRITISH, AUSTRALIANS and GERMANS, among others. THIS MUST BE STOPPED - send this video to EVERYONE
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Double Bump!!
Well worth watching!
It Just Figures...These Liars
we elect......This Link works and if this is accurate it needs to go totally viral
and e-mailed everywhere.
www.youtube.com/watch?v=GqIFoBXGizc
It is our toxic paper
Europe has been screaming about this for months. They and other countries bought up these bad mortgages a long time ago from the crooked brokerage firms and banks here in the US. So the toxic assets they are holding bad paper on are on US soil. Crooked mortgage brokers here in the US, knowing that the loans they were making were bad but they would make the commission anyway, then sold off the risky mortgages to foreigners who thought they were getting a bargain by buying into the US and getting a bargain because of their stronger currency. Look at who your mortgage company is and what country they are from. Names like "Trans Atlantic Fund..."
This probably says something about
The downsides of a global capital market. There is more risk in buying up mortgages from half way around the world, in a market you are not as familiar with. Mostly it would be caveat emptor, BUT, since we have moved so much of our industry over seas, how much capital does the U.S. even have anymore ? ?
And where might the authority come from to deal with a global economic crisis, seeing how the authorities will pick the Winners and losers. IMF and WorldBank ?
I didn't vote for them (of course, you don't vote for a King)
These Videos Won't Play
For Me. Also, where is the video of Sherman on Kudlow?
Too bad this is not linked to original video
The YouTube channel has lots of other good stuff from this guy. But as long as it's getting out there.
Heres the link to the original video with 3,154 views http://www.youtube.com/watch?v=GqIFoBXGizc
compared to 1,682 on the one posted at Digg. We could have been further along with the original.
I Vote Ron Paul!
My News Twitter http://twitter.com/sharpsteve
My YouTube http://www.youtube.com/user/sharpsteve2003
Digg at 295!
.
Another anti Fed one made it last night
http://digg.com/business_finance/The_Federal_Reserve_is_dest...
Made popular 52 minutes ago
so around 6:50 am. Keep digging it
I Vote Ron Paul!
My News Twitter http://twitter.com/sharpsteve
My YouTube http://www.youtube.com/user/sharpsteve2003