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Topic History of: So what's gone wrong with the US bank bailout?
Max. showing the last 5 posts - (Last post first)

Author	Message
BR	There have been huge protest in many USA cities against the BAIL OUT. Even WALL STREET had thousands outside it yesterday - most news channels are blocking this out, In addition they are putting all troops on alert according to some "Internet" forums because of expected Civil Unrest. There are thousands who have lost their homes in the USA and the situation there is like a tinderbox - that is why Congress is stalling on this deal. They are literally frightened for their lives. The general public is being asked to pick up the bill for FAT CATS in WALL ST.....they have no job and no house and basically are angry. Add the Gun Lobby into this and the slightly more crazy state of USA politics and you have a recipe for major problems. Congress will do a watered down bail out behind the scenes - hence the Stock Markets wont fall yet. Whether this will be enough remains to be seen. Gold and Silver are where the smart money is at the moment - the worst is probably to come. ANother bank went down last night - and HSBC have just chopped a thousand jobs in the UK.....the whole thing is broken.....I am starting to get worried that this could be bigger problem than the media is letting on.
Pete Clarke	The whole thing is utterly scandalous, and the American public has every right to be furious about this. The Republicans now realise that they have totally fucked up any chance of getting Mister Dead and The Female Anti-Christ into the White House. Obama is right to refuse postponing the presidential debates. As he pointed out, anyone who has aspirations of becoming President should be able to deal with more than one issue at a time. Mind you, if the Nation of Idiots goes ahead and elects McCain, it will be because as well as being an idiot society, they are also deeply racist. There's an old saying that says we get the leaders we deserve.
JK2006	Very simply, millions are saying "Bush has screwed up everything so far - why should we trust him now?". Sadly, over here we are saying "Blair screwed it up and Brown went along with it - and ran the economy. Why should we trust him now?".