Comments on: Doesnt this sound like a great bailout plan…? http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm Fri, 21 Oct 2011 00:09:40 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Patty5821 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm/comment-page-1#comment-1299 Patty5821 Tue, 25 Aug 2009 20:17:48 +0000 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm#comment-1299 Sounds like a Plan to me. Where do I vote on this. Sounds like a Plan to me. Where do I vote on this.

]]> By: Dave Holman http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm/comment-page-1#comment-1300 Dave Holman Tue, 25 Aug 2009 20:17:48 +0000 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm#comment-1300 You know, the only problem with this is that a very large number of people would use that $297,000 as the down payment on a $6million McMansion, even if they are only earning $50,000/yr, and we would be in an even bigger mess in two years. You know, the only problem with this is that a very large number of people would use that $297,000 as the down payment on a $6million
McMansion, even if they are only earning $50,000/yr, and we would be in an even bigger mess in two years.

]]> By: leavin#1 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm/comment-page-1#comment-1301 leavin#1 Tue, 25 Aug 2009 20:17:48 +0000 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm#comment-1301 This bail out is designed to protect the profits of the very wealthy. The effect of this is that you and your children will be taxed to pay for it and it is not $700 billion that is a down payment like all government estimates this will increase 50-500% before it is done. They are considering a bail out for mortgages which will lead to a bailout of car loans, credit cards, money markets and all maner of poor business decisions, etc. Don't forget that we have already paid to bail out Bear Sterns (est.$10 bil), AIG ($85 bil)and Fannie and Freddie ($1 tril). And teh proposed estimate of $700 bil is a down payment a minimum. Let's put this in perspective, a billion seconds ago it was 1959 a trillion seconds ago is 31,000 years ago. Now what does all of that quick cheap money do to a finacial system when it is given to a bank it multiplies you see banks are on a fractional system that means they can create 7-9 dollars out of thin air for every 1 dollar they have. Hyper inflation is the result of injecting a quick $18 trillion (minimum)into a market. But don't worry it won't hurt the guys at the top inflation works on a time line it doesn't devalue on creation the real hit is at the end of the chain like your pay check. So this gives a great opportunity to those that are first in line to trade these dollars for Euros, gold and silver while they pass this money through to you while it falls in value and all you have valued in dollars, stocks, bonds, real estate, etc. fall in value with it. Keep in mind that the wealthiest 1% have increased their wealth from 37% to 57% in just the last 5years that was our wealth before. And that is a 455% increase in income for that same slice while we cut their taxes. This is a scam so that the guys in the know can cash out of America that is all. This bail out is designed to protect the profits of the very wealthy. The effect of this is that you and your children will be taxed to pay for it and it is not $700 billion that is a down payment like all government estimates this will increase 50-500% before it is done. They are considering a bail out for mortgages which will lead to a bailout of car loans, credit cards, money markets and all maner of poor business decisions, etc. Don’t forget that we have already paid to bail out Bear Sterns (est.$10 bil), AIG ($85 bil)and Fannie and Freddie ($1 tril). And teh proposed estimate of $700 bil is a down payment a minimum. Let’s put this in perspective, a billion seconds ago it was 1959 a trillion seconds ago is 31,000 years ago.
Now what does all of that quick cheap money do to a finacial system when it is given to a bank it multiplies you see banks are on a fractional system that means they can create 7-9 dollars out of thin air for every 1 dollar they have. Hyper inflation is the result of injecting a quick $18 trillion (minimum)into a market. But don’t worry it won’t hurt the guys at the top inflation works on a time line it doesn’t devalue on creation the real hit is at the end of the chain like your pay check. So this gives a great opportunity to those that are first in line to trade these dollars for Euros, gold and silver while they pass this money through to you while it falls in value and all you have valued in dollars, stocks, bonds, real estate, etc. fall in value with it.
Keep in mind that the wealthiest 1% have increased their wealth from 37% to 57% in just the last 5years that was our wealth before. And that is a 455% increase in income for that same slice while we cut their taxes.
This is a scam so that the guys in the know can cash out of America that is all.

]]> By: JonnyMac http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm/comment-page-1#comment-1302 JonnyMac Tue, 25 Aug 2009 20:17:48 +0000 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm#comment-1302 Your math is wrong. 85 billion divided by 200 million is only 425. Not 425,000. Come back with another plan after you can work a calculator. Your math is wrong. 85 billion divided by 200 million is only 425. Not 425,000. Come back with another plan after you can work a calculator.

]]> By: Chief Scout http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm/comment-page-1#comment-1303 Chief Scout Tue, 25 Aug 2009 20:17:48 +0000 http://aspenfinancialgroup.com/doesnt-this-sound-like-a-great-bailout-plan.htm#comment-1303 In the overall principle of your question, it would be reasonable to do. And yes your right, we do deserve it. Problem being. we did not bail out AIG. We loaned them the money based on them turning over there assetts to back up; the loan. When the money is paid back AIG will once again retain there assett control. The number is actually Four Hundred and 25 dollars. In the overall principle of your question, it would be reasonable to
do. And yes your right, we do deserve it. Problem being. we did
not bail out AIG. We loaned them the money based on them turning
over there assetts to back up; the loan. When the money is paid
back AIG will once again retain there assett control.

The number is actually Four Hundred and 25 dollars.

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