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wall street bailout | The Voice magazine

$700 Billion Bailout Doesn’t Bail Out Economy
Written By: Jennifer LeClaire

The $700 billion bailout plan is designed to unclog the financial system and the flow of credit. The plan does little to avert foreclosures, the root of the crises, yet the likes of mighty Microsoft, among many others, are urging congress to forge ahead with a quick solution.

Is the bailout really the best answer for the U.S. economy? Or is it akin to a Band-aid on a severed artery? That depends on whom you ask. But one thing is certain, when you move away from corporate America, there is far less support for the banker bailout.


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Congress & Canaanites: No to bailout.
Written By: Jonas Clark

History is unfolding before our eyes. Listening to our nation’s leadership in Congress support the agenda of these Canaanite bankers is unbelievable. Yes, our economy has entered troubled water but we will prevail. The Word of God says that you will reap what you sow and this holds true with both positive and negative consequences.

If you listen to these bankers discuss the root of the problem they say it’s because homeowners deceived the poor bankers into lending them money when the homeowners knew they could not pay them back. Give me a break! This financial breakdown is because of a flawed fractional banking system. Just look at the multiples these banks and financial institutions have been allowed. Now they want to deleverage but no one wants their “junk assets.” So they need to find a buyer, that buyer would be me and you the American taxpayer. These bankers are telling us we are really getting a deal too. They say we will probably even make lots of money if we buy their junk. Folks, no one wants this junk that’s why they are looking to us. We are the only hope for the “lender of last resort.” The FBI launched a fraud investigation against AIG, Lehman, Freddie Mac, Fanny Mae and their former executives. Fraud? Investigation? Now? Why is FBI Director Robert Mueller and his assistant out of the country this week and unable to field any calls from our office here at The Voice magazine?


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Money and the Mammon Kings
Written By: Jonas ClarkDid political corruption lead to our current economic problems? Is our very own “democratic” government to blame for the loss of American free market capitalism as we have known it? Read about the inner workings of Mammon’s Kingdom from a hedge fund industry insider.

In the eyes of the world Andrew Lahde was a success. He was the manager of Lahde Capital, a hedge fund in California. Last year his company returned 866 percent returns betting against the subprime lenders. He was the new golden boy.

But last month Lahde did the unthinkable in the eyes of the Mammon Kings - he quit. On his way out he wrote a farewell letter that speaks of greed, corruption and the predatory lending practices that lead to the $700 billion banker bailout (plus the additional $150 billion in additional political pork). That “rescue plan” (robbery) and other bailout approvals, Congressional prostitution for votes, could go down in history as the tipping point toward a fascist, authoritarian and hierarchical America government.

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Protect Taxpayers Not Speculators
Written By: Administrator

Obama is likely to support a bailout but "Fearing a political backlash against Democrats," Roll Call reported, "Senate Majority Leader Harry Reid (D-Nev.) has told the White House that it must serve up support from Republican presidential nominee Sen. John McCain (R-Ariz.) if it hopes to ensure bipartisan backing for a massive economic bailout package by week's end."

Conservative Leaders to Rally Behind Gingrich to Oppose Bailout.


Former Republican House Speaker Newt Gingrich hammered the $700 billion financial sector bailout as a "really bad idea."

Gingrich said "Only in this city and on Wall Street does this bailout have any hope, and they may be able to ram it through, but it's very clear to the country at large that this is a dead loser and it's going to be a dead loser in October, and it's going to be a dead loser on Election Day," Gingrich said at a briefing to discuss a poll conducted f or his outfit, American Solutions for Winning the Future, "And [elected officials] are going to go home and say, ‘I didn't have any choice' and people are going to say, ‘Ok, I need to get somebody new who has a choice.


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