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Tuesday, September 23, 2008

Rip Off

Time is allowing the bail out to ripen in its intent. Its over ripe, the whole thing is stinking.

We are being rushed into a $700Billion hijacking of America's economic future. This is like being rushed in Iraq. Let the corporations that wrote the debt sink, good riddance. Redo the ARM based mortgages so that those affected can pay off their loan. Kick Bush's last ditch attempt to screw America off the cliff, good riddance.

We are reading that corporations will profit from the bail out, that CEOs will receive mega million dollar severances, that there is no oversight in how the money is used. This is not acceptable.

Reuters: Resentment grows over Wall Street bailout plan
Republican Sen. Orrin Hatch from the conservative state of Utah said reaction to the plan from his constituents was "all negative."

One aspect of the bailout likely to incite most resentment is the possibility that Wall Street firms could profit from the plan...

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