I keep hearing that the government is going to get this 700 billion dollars from the tax payers, but it should be obvious that we can not come up with that kind of money. So the government will borrow it from some foreign government; if they can.
Can you see the grand scheme? The rich politicians that have borrowed us into bankruptcy already, are going to (If they can) borrow enough to get themselves out of trouble; knowing all of the time that we can not repay such a debt. They get the money and we get foreclosed: what a deal for the American people that they keep saying they must protect!
If all of the banks fail before the rich can get their money out they will loose it. But if they can supply the banks with 700 billion dollars they can reclaim their wealth. What goes in the front doors of the banks will flow right out the back and into their hands. Then they can invest it in foreign nations and remain rich at our expense. Not only will we have to pay the 700 billion (If we could), but we must pay interest on top of it. After the rich remove their money the banks will be broke again and the crash (for us) can continue.
In my opinion any foreign Country that would loan us a dime is “Nuts”. We are already broke and with no manufacturing jobs there is no way that we can pay the debts that we already have. Politicians have given all of the high paying jobs to any foreign country that wants them and that is what has destroyed our economy. There is no tax base when there are no jobs so we can not repay any loans. They did this so that the companies which they owned could generate higher profits by having the products manufactured cheaper; with no regard for the American worker. If the rich politicians can not get the loan it would not surprise me if they do not just sell us to China: if they haven’t already.
You are not going to hear this any place else, because those who control the news also understand this situation. They know the banks must be temporally shored up in order for them to remove their money also. That is what they all mean when they say something must be done and done quickly. It really is their own money that they want protected.
This is not a plan to help the common man. Without jobs we are all going broke and our elected officials are doing nothing about that.
Before you start throwing rocks at politicians you have to remember that you supported the system that put them in power. Our Heavenly Father has told us not to put our trust in man and that is what Democracy is. Don’t blame God or other men: it’s our fault.