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  #1  
Old 01-16-2009, 04:54 AM
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What has the Fed done with 1.2 trillion dollars of taxpayers money.

The signifigance of this video is that the Federal Reserves vice chairperson Donald Kohn
did not refute the claim that the Fed has given away 1.2 trillion dollars to private businesses.

Yeaaa !!!!
Corporate welfare.

http://www.youtube.com/watch?v=Mj0JAfq4esk

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  #2  
Old 01-16-2009, 06:10 AM
ForcedInduction
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More propaganda
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  #3  
Old 01-16-2009, 06:21 AM
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Quote:
Originally Posted by ForcedInduction View Post
More propaganda
Not, actually.
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  #4  
Old 01-16-2009, 06:25 AM
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is actually, we all know its Bush's fault.
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  #5  
Old 01-16-2009, 06:44 AM
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How many trillions have been given to people that won't work?


bum welfare.
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  #6  
Old 01-16-2009, 07:05 AM
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Quote:
Originally Posted by Howitzer View Post
How many trillions have been given to people that won't work?


bum welfare.
Let me put you into your place Howitzer...
Your acting soo high and mighty !
Can you even breath up there so high above me ???

Now look at the reality of the situation.....
You are free to apologise for your arrogance after you learn a little from me.

..........................

Do the taxpayers pay your salary and pension ?
Did you work in or retire from the military ?

Do you understand that the military is a social program.
And that your retirement pension comes from our tax dollars ?

So if you are collecting your military pension, you are taking tax dollars for not working.

Does that make you a welfare bum ?

Get real, you have no idea what your talking about.

.....

I understand completely what you are trying to say.
That because I recieve social security disability, I am somehow a welfare bum.

Do you not understand that every person that works in the US pays into Social Security and then recieves that money back when they are disabled or retire.

......

Do you understand that if you worked for the military, that your salary came from our tax dollars, and you did not pay into Social Security.

And any pension you now recieve is coming from our tax dollars ???

You are the one that is recieving welfare ???

Now go take your infantile arguments and petty bull and try and play them off onto somone ignorant enough to believe them.

I will take your not offering an apology for your snobbery as an indication that you
see the truth of what I have said.
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Last edited by RichC; 01-16-2009 at 07:14 AM.
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  #7  
Old 01-16-2009, 07:07 AM
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Quote:
Originally Posted by ForcedInduction View Post
More propaganda
How in the world do you think a video of a US senate floor hearing is " propaganda " ??

Are the members of congress all paid actors ??
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  #8  
Old 01-16-2009, 07:18 AM
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Actually, I agree with RichC. The taxpayers should not be paying corporate welfare. In capitalism, you MUST allow businesses to fail. The managers, and Boards of Directors who run corporations into the ground must be held accountable for their choices, and not be allowed to walk away with personal fortunes.
The entire bailout business is a total scam and waste of money. If they HAD to do something, they should have given the money to people who owed the mortgaes to pay them off. That would have put the money back into circulation rather than allowed the banks to hoarde it. It woould have freed up additional money for spending because those with the paid-off mortgages would have more money for spending on other stuff.
You must also allow them to suceed, and grow.
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  #9  
Old 01-16-2009, 07:46 AM
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Holy $hit! The gov't pissed money away? Stop the presses!
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  #10  
Old 01-16-2009, 07:50 AM
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Quote:
Originally Posted by SwampYankee View Post
Holy $hit! The gov't pissed money away? Stop the presses!
Ha!
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  #11  
Old 01-16-2009, 09:58 AM
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Quote:
Originally Posted by SwampYankee View Post
Holy $hit! The gov't pissed money away? Stop the presses!
They piss money away more than a middle aged man with a growing prostate.

perhaps the US should have its prostate examined as well
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  #12  
Old 01-16-2009, 10:23 AM
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Quote:
Originally Posted by TheDon View Post
They piss money away more than a middle aged man with a growing prostate.

perhaps the US should have its prostate examined as well
In that analogy is the prostate the politicians or the voters that keep electing them?
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  #13  
Old 01-16-2009, 10:26 AM
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probably both
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  #14  
Old 01-16-2009, 10:26 AM
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I'm afraid to ask.
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  #15  
Old 01-16-2009, 10:32 AM
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..yeah, it's all Bush' fault.


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