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October 1st, 2008, 08:01 PM #1
$700Billion a lot, another $920Billion to bail out the world
$920 BILLION MORE TO BAIL OUT THE WORLDBy Cliff KincaidOctober 1, 2008
NewsWithViews.comWith one socialist “bailout” bill apparently on the way to passage by Congress, two more are pending—both of them sponsored by Senator Barack Obama. One is the Jubilee Act, which would cancel as much as $75 billion worth of Third World debt, and the Global Poverty Act, which would cost an estimated $845 billion. Total potential cost: $920 billion.Meanwhile, in an appearance on the Fox News Channel on Sunday, Republican Rep. Thaddeus McCotter of Michigan called the $700 billion plan now before Congress “Fleece in our time,” a reference to Neville Chamberlain’s “Peace in our time” appeasement deal with Hitler that eventually plunged the world into a World War. The House is scheduled to vote on the measure on Monday.
Click Here To Read More:Veritas Vos Liberat
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October 1st, 2008, 08:19 PM #2
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Re: $700Billion a lot, another $920Billion to bail out the world
700 billion bill before congress
+920 billion you listed above
+ this 630 billion you may have missed.
http://www.bloomberg.com/apps/news?p...&refer=germany
The Fed said yesterday it will pump an additional $630 billion into the global financial system to counter the worst financial crisis since the Great Depression. The ECB, the Bank of England and the Bank of Japan are among central banks participating in the measures.
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October 1st, 2008, 08:31 PM #3
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October 1st, 2008, 09:34 PM #4
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Re: $700Billion a lot, another $920Billion to bail out the world
You forgot France wants an additional 300 Billion Euro's for Europe.
Timesonline
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