Comments on: Wall Street or Homeowners: Guess Who’s Getting a Bailout? http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/ a radical newsletter in the struggle for peace and social justice Sun, 07 Sep 2008 06:16:43 +0000 http://wordpress.org/?v=2.6.1 By: AaronG http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17105 AaronG Fri, 28 Mar 2008 01:23:18 +0000 http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17105 Good article Sharon. Wall Street Bankers may be "better" than the rest of us, but they are not immune to the following principle: "those who are determined to be rich fall into temptation and a snare and many senseless and hurtful desires, which plunge men into destruction and ruin. For the love of money is a root of all sorts of injurious things, and by reaching out for this love some have been led astray from the faith and have stabbed themselves all over with many pains." 1Tim 6:9,10 Good article Sharon.

Wall Street Bankers may be “better” than the rest of us, but they are not immune to the following principle:

“those who are determined to be rich fall into temptation and a snare and many senseless and hurtful desires, which plunge men into destruction and ruin. For the love of money is a root of all sorts of injurious things, and by reaching out for this love some have been led astray from the faith and have stabbed themselves all over with many pains.” 1Tim 6:9,10

]]> By: bakersfieldbubble http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17015 bakersfieldbubble Wed, 26 Mar 2008 16:55:36 +0000 http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17015 Taxpayers on the hook for BS bailout: http://www.bloomberg.com/apps/news?pid=20601109&sid=aN.cnCGH92GQ&refer=home Bailouts the rich and crooked who caused this mess? Taxpayers on the hook for BS bailout:

http://www.bloomberg.com/apps/news?pid=20601109&sid=aN.cnCGH92GQ&refer=home

Bailouts the rich and crooked who caused this mess?

]]> By: KR http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17013 KR Wed, 26 Mar 2008 16:44:42 +0000 http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17013 Is it more than coincidence that the new bankruptcy law was passed in time for this crisis? Is it more than coincidence that the new bankruptcy law was passed in time for this crisis?

]]> By: bakersfieldbubble http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17006 bakersfieldbubble Wed, 26 Mar 2008 15:31:28 +0000 http://www.dissidentvoice.org/2008/03/wall-street-or-homeowners-guess-whos-getting-a-bailout/#comment-17006 I have been fighting against the REIC (real estate industrial complex) for several years now. Surprisingly (not) most of the local REIC are "conservative's" who love Bush, Hannity and all of the other right wing nut jobs. In my area of the country thousands of families have lost their homes due to foreclosure. They received no bailout. Homes prices are down 25% from their peak and we are probably only half way through this mess . Unfortuantely, the majority of the foreclosures were on minorities and the undereducated who were just looking for the "American Dream", they received the nightmare version. Bush's "ownership society" was just a sham to push debt on unsuspecting families so Wall Street could benefit. The Bear Stearns debacle will be just another way for the pig men on Wall Street to transfer wealth from the many to the few. I have been fighting against the REIC (real estate industrial complex) for several years now. Surprisingly (not) most of the local REIC are “conservative’s” who love Bush, Hannity and all of the other right wing nut jobs.

In my area of the country thousands of families have lost their homes due to foreclosure. They received no bailout.

Homes prices are down 25% from their peak and we are probably only half way through this mess . Unfortuantely, the majority of the foreclosures were on minorities and the undereducated who were just looking for the “American Dream”, they received the nightmare version. Bush’s “ownership society” was just a sham to push debt on unsuspecting families so Wall Street could benefit.

The Bear Stearns debacle will be just another way for the pig men on Wall Street to transfer wealth from the many to the few.

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