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How many more trillions of dollars must Geithner give to his banker buddies

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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-30-09 07:08 PM
Original message
How many more trillions of dollars must Geithner give to his banker buddies
before unemployment hits 10%?

(never mind that *real* unemployment, as opposed to the propaganda number the government feeds us, is already over 10%.)

I say cut to the chase here. Just go ahead and give the bankers and Wall Street whizzes ten trillion dollars right now. Maybe they'll be so busy spending their bonuses and bribing members of Congress that we can slip a few billion of actual stimulus past the lobbyists.
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soryang Donating Member (642 posts) Send PM | Profile | Ignore Thu Apr-30-09 07:30 PM
Response to Original message
1. BoA, Citi, Wells, will go under anyway
So why try to capitalize them? Place them in receivership now. That is the standard procedure. What really is going on here is twofold, conceal massive financial fraud and protect bondholders.
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Metta Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-30-09 07:32 PM
Response to Original message
2. Geithner is a Goldman Sachs shill just like Paulson was.
He should be out on his ass for all the good he's not doing for the people of America. Another betrayer. Happy karma to him and to Obama for picking him.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-30-09 08:01 PM
Response to Original message
3. How many trillions are left? All
of the money should suit them just fine.
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northernlights Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 02:10 PM
Response to Reply #3
6. you beat me to it
How many trillions of dollars can exist? That many may satisfy them.
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 04:21 PM
Response to Reply #6
7. I doubt even everything would slake their greed.
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northernlights Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 07:36 PM
Response to Reply #6
9. there's a number after trillions
someone mentioned it in my chemistry class. something x 10^15. But I forget what it is called. Doesn't matter. It's probably not enough for them, either. Not even godzillions is enough.
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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-02-09 03:48 PM
Response to Reply #9
10. 1000 trillion = 1 quadrillion

I've read elsewhere that could be the amount of those toxic assets around the world.
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malti_poo Donating Member (12 posts) Send PM | Profile | Ignore Thu Apr-30-09 08:12 PM
Response to Original message
4. Why don't you as Congress?
After all, THEY hold the purse strings.
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-30-09 08:18 PM
Response to Reply #4
5. yeah, right.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 07:10 PM
Response to Original message
8. Why is Obama doing this? It can't work. Let the bad paper fail....
There is not enough money in the whole world to rescue the bad paper debts of Wall Street. Why is Obama going along with this insane plan?

Yes.. he is buying time.. but prolonging misery. It's going to crash.. it HAS TO! How can you fix $35 Trillion in bad debts? You can't. You can't put that legacy on the taxpayers. (well, you can try.. but people are going to wake up and cry "bullshit")

We are spending our seed corn... which we need for water systems, electric grids, farming, rail, highway.

Is there ANYONE in D.C. not on the payroll of Lobbyists?
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