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Editorial
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Title: Bloomberg Analyst: $700 Billion Bailout Could Balloon to $5 Trillion
Source: [None]
URL Source: http://www.breitbart.tv/?p=182363
Published: Sep 27, 2008
Author: Video at link
Post Date: 2008-09-27 07:54:12 by angle
Keywords: None
Views: 238
Comments: 22

"So now they try to solve the problem by having this credit bubble actually extended and I think the $700 billion will be like a drop in the bucket because the total credit market in the U.S. is something close to $60 trillion, then you have the CDS market – credit default swap – of around $62 trillion. Then you have the whole derivatives worldwide worth about a notional $1,300 trillion. So the $700 billion is really nothing and the Treasury is just giving out this figure when actually the end figure may be $5 trillion.”

Click for VIDEO!

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#2. To: angle (#0)

The last act of any government is to loot the nation -- Mike Rivero WhatReallyHappened.com

Esso  posted on  2008-09-27   8:40:57 ET  Reply   Untrace   Trace   Private Reply  

The last act of any government is to loot the nation

True...

Cynicom  posted on  2008-09-27   8:47:26 ET  Reply   Untrace   Trace   Private Reply  

It's too bad that 99.9% of the people can't come to grips with the idea that the government is the problem rather than the solution.

Esso  posted on  2008-09-27   8:55:40 ET  Reply   Untrace   Trace   Private Reply  

ESSO...

When we read people here supporting any candidate, we know that person has not come to grips with the very basic problem of this country...namely...The Government is the problem...

Cynicom  posted on  2008-09-27   9:05:05 ET  Reply   Untrace   Trace   Private Reply  

When we read people here supporting any candidate,

That always leaves me shaking my head in disbelief. After all, even a dog is smart enough to make the determination between being stumbled over and being kicked.

Esso  posted on  2008-09-27   9:17:45 ET  Reply   Untrace   Trace   Private Reply  

The founding Fathers had us at a disadvantage. They were starting from scratch, there was no government. People were free.

And then little by little this thing called "government" grew and grew. A few Americans tried to salvage the last vestiges of freedom with the Civil War, they failed, government won and has been a cancer on our backs ever since.

This childish charade we go thru every four years is embarrassing when one stands back and looks at what is going on before our own eyes. We are programmed, we actually watch these "debates", pick a winner and a loser, WITHOUT REALIZING THAT IS PART OF THE DAMNED PROGRAMMING.

Arguing to and fro concerning qualification is PART OF THE DAMNED PROGRAMMING, happens every four years and we get in line wirthout even knowing we are indeed in a line, doing as we are trained.

Cynicom  posted on  2008-09-27   9:28:50 ET  Reply   Untrace   Trace   Private Reply  

This childish charade we go thru every four years is embarrassing

Vote:

Candidate A = Shit sandwich on white bread

Candidate B = Shit sandwich on toast

noone222  posted on  2008-09-27   9:33:05 ET  Reply   Untrace   Trace   Private Reply  

Vote:

You are my kind of guy, cut right to the chase, no pretty words. No mistaking your intent, I like and appreciate that.

Cynicom  posted on  2008-09-27   9:37:02 ET  Reply   Untrace   Trace   Private Reply  

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