hello america! obama had george bush get the other half of that 700 billion dollar bailout ready for him by inaguration day &, he did. so, since obamas swearing in, 350 bdollars has been sitting around collecting dust. so much for the rush on getting banks to make loans & homes to stop being ceased. guess they're not there important after all.
we've been hearing about sec of the treasury--'i don't have to pay my taxes' timothy geithner--
revealing this new plan to save the homes & get banks to start lending again. well, he was on tv to tell us about the plan & wound up telling us he'd get back to us with the details on how they were going to spend that 350 billion dollars. i saw the whole thing & ended up more confused then before he spoke.
unlike our democratic congress, the treasury is taking their time with the hopes of getting it right. by the way, they won't & can't get it right because it's not enough money to do the job. so, it's just a matter of time before they're knocking on the door for another hand out.
with all the federal hearings investigating both the housing & banking industries, you'd think that federal charges have to forthcoming. wrong. the hearings tied up the major news media for days---hour after hour after hour. &, it was proved that books were "cooked" to intentionally hide their real problems..........this isn't criminal??? why aren't franklin raines & company being charged with intentionally decieving the stockholders which is us. why aren't they being charged with fraud?
fannie & freddie & all the others didn't just wake up & find out they're broke. they knew this as did the auto industry. why are they being allowed to get away with screwing up & we can't?
america, you should demand that the justice department press charges on the executives (former & present) &, you're going to be surprised which government officials were in bed with them.
stand up & be heard!
