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It is only a matter of Time before Obama Nationalizes the Big Banks

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keep_it_real Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 04:25 PM
Original message
It is only a matter of Time before Obama Nationalizes the Big Banks
He does not want to be the one to have to do it (not on his watch) but he will have no alternative.

Not only will he have to nationalize the big banks, he will have to print greenback money just like Lincoln did to save the nation. He will have to get rid of the federal reserve and start printing U.S. government money and not federal reserve notes. Watch and see there is no getting around it.
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 04:28 PM
Response to Original message
1. If he tried to weaken/destroy the federal reserve he would probably be killed.
Edited on Mon May-25-09 04:28 PM by anonymous171
But yeah, it would be pretty nice to be rid of those corporate parasites that run that abominable organization.
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keep_it_real Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 04:38 PM
Response to Reply #1
4. Killed, killed by WHOM?
Spill the beans; tell the truth; put it all on the table!!!
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 09:24 PM
Response to Reply #4
10. Ask Arlen Specter
Many believe that JFK was killed over an executive order stripping the Federal Reserve of its power to print money and returning the power to the US Treasury.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 04:29 PM
Response to Original message
2. But First, No-Banker-Left-Behind
The Paulson/Summers/Geithner Banker Bailout, $12 Trillion in tax money at risk so that bankers can get their bonuses.

Marvelous.
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RememberWellstone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 04:34 PM
Response to Reply #2
3. LOL!
That was hilarious!
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 06:18 PM
Response to Reply #3
6. Thank You. It's Either Hillarious or Terrifying.
Not sure which.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 05:38 PM
Response to Original message
5. Don't count on it
It's well past time to nationalize the banks. It seems Obama is willing to let millions of Americans founder to preserve this corrupt system.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 06:25 PM
Response to Original message
7. Thanks
This is the funniest thing I have seen all day!


:rofl:
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 07:14 PM
Response to Original message
8. Currently many of the 19 big banks shares are priced at pre crises levels and 41% of the shares.....
...be traded are bank stocks for the last 6 weeks (if not most of the year).

The next 6 months are going to be tough on this country...no doubt
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-25-09 09:11 PM
Response to Original message
9. I think it is time to let the the big banks fail
The banks will only if the government takes them over, the banks are not willing to change their bad business practices. To me that is exactly why they should fail.

It keeps going back to basic business principals doesn't it? If a business has a good plan and sound practices the business should survive. The Credit Unions are doing just fine because they didn't get greedy and get sloppy.
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