Thread: 700 Billion HuH?
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11-08-2008 11:05 PM #1
700 Billion HuH?
I was reminded today of something that happened before the October suprise of a bail out................
Voted into law 7/26/2008............. those bastards knew it was coming.
H.R. 3221 - Summary: Housing and Economic Recovery Act of 2008 (GovTrack.us)
H.R. 3221: Housing and Economic Recovery Act of 2008
-Increases the national debt limit from $9.82 trillion to $10.62 trillion (Sec. 3083).
- "Total unfunded liabilities of USA over 56 trillion yet today House voted to increase this liability by nearly 10 percent"
- "America's annual budget 2 trillion -- mortgage bail out taxpayer guarantee of 5 trillion in home loans -- US could only pay for it w new debt"
- "Mortgage bail out also added 800 billion to national debt limit TODAY"
- "Mortgage bill creates an open ended line of credit for Freddie/Fannie to withdraw as much taxpayer cash as they want w/o repaying us ever"
"that we here highly resolve that these dead shall not have died in vain -- that this nation, under God, shall have a new birth of freedom -- and that government of the people, by the people, for the people, shall not perish from the earth. "
Abraham Lincoln
The Communist Take Over of America 45 Declared Goals
http://www.rense.com/general32/americ.htm
Even God only asks for 10%.
“To destroy a people, you must first sever their roots.”
…Alexander Solzhenitsyn
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11-09-2008 12:10 AM #2
This bailout was a terrible idea. It punishes those of us that did nothing wrong, and rewards bad behavior that at least "some" of us were brought up against. I firmly feel we should salute those that voted against this atrocity, democrat and republican alike.
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11-09-2008 07:50 AM #3Diplomats! The best diplomat I know is a fully activated phaser bank! -- LCdr Montgomery Scott
You had a choice between war and dishonor. You chose dishonor, and you will have war. -- Winston Churchill (to Neville Chamberlain)
Liberalism is the defending of the indefensible, and the refusal to defend the indispensible. -- Me
I don't believe in treatin' girls equal. I believe in lookin' up to 'em. -- Moose Mason



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