Bruce Johnson wrote: > On Sep 20, 2008, at 4:53 PM, Mugsy Lunsford wrote: > > >> At 4:08 PM -0600 9/20/08, Brian Lawson said: >> >> >>> An interesting take on all this. >>> <http://www.rense.com/general83/class.htm> >>> >> thanks, that was very intriguing. >> > > > I just had a horrible, horrible thought. > > Reading the text of that bailout proposal, it occurs to me that since > the primary consideration of the bill is "(1) providing stability or > preventing disruption to the financial markets or banking system; " > OVER protecting the taxpayer, the simplest and quickest resolution > would be for them to buy the mortgage-backed securities at enough of a > premium for the banks to keep going, then let the banks buy the damned > things back at market value, meaning pennies on the dollar. > > Voila! The kleptocrats in the administration transfer nearly $700 > billion from our pockets to theirs, and they get to keep on keeping > on, just as they have done. > > And if Frank's guy wins,he'll apply the same deregulation to health > care as we did to the banking industry. In fact the ONLY taxes he'll > be raising is the ones on us, by removing the tax exempt status of > healthcare benefits. > > Don't get sick, folks! > > > -- > Bruce Johnson > > "No matter where you go, there you are", B. Banzai > > Has Frank endorsed a candidate ? I don't think so. I hate to say it but the scenario you suggest is probably right. One might think, that, since we own an insurance company, now, we could offer health insurance to folks, but that would be too easy.....
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