Paulson, Bernanke Tell Lawmakers Urgent Action Needed on Treasury Plan

by Leonard Brody | September 23, 2008 at 01:08 pm
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Bernanke offers bleak view on U.S. economy

Bernanke offers bleak view on U.S. economy

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Mr. Paulson cautioned lawmakers against letting the plan get bogged down in a debate over unnecessary additions.

Senate Banking Committee leaders voiced skepticism Tuesday about the U.S. Treasury's plan to buy up to $700 billion in mortgage-related assets, seeking assurances that the program will work.

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djermano

Looking back now, we see these guys who wrecked the banks were given 700b. What bothers me the most is the banks who transacted the many call and put options during 911...who would definitely have information on who made those trades, which would make them privy to who did 911......were members in the bank bailout.. Maybe Bernake is oblivous to the news at real alternative news sites such as NP... Such a pity these guys really believe things will get better. It appears they are trying to buy the public confidence....but I have a deep down feeling it isn't going to work. The only way forward is to bring trust back to the market place, which means idicting Bush and Cheney, and conducting those investigations that should have been done 8 years ago...

Obama got his stimulus...for what? For not going after Bush and his 911 planners? This is the biggest Crime of the century....and Democrats instead of pursuing justice.....are as guilty on the take...as the Republicans... They sold their souls to the money interests.......they are still banking that things will come around....but who in their right mind wants to build their businesses upon more corruption. They saw what happened to Enron.....it is bound to happen to some other company in the future....until they grab the bull by the horns and wrestle the trust back....by locking those people up for murder and war crimes.

Rev. Jermano

 

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First Flagged at 4:23 AM, Mar 1, 2009 by djermano
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