Reply #12: Part of the problem is the mass demial of the M$M

[truedelphi]

The media is still floating the notion that this "recession" might affect Christmas sales. While carefully avoiding the mention of how the BailOut was just a HUGE HANDOVER to crooks. The word Depression is rarely used.

Twenty three states have balances that are budget disasters. Kucinich and Issa and the Government Reform Committee arm of the House realize that the first 350 Billion dollars of the BailOut is being stolen away from us - Paulson tore up Section 109 and he is doing what he wants with the money. in return, I surmise, for massive pay offs from his buddies at AIG. (AIG has now received close to 150 Billion - some 80 billion before the Bailout and additional BailOut funds. I'm suyre we can now breathe easily, knowing that Christmas junkets for that gang of thieves are in the works as I type.)

Kashkari intimates that "he doesn't know" when Paulson will ask for the second 350 Billion. But since those two have already run through $ 350 Billion (plus another 80 billion for AIG) I imagine it will be soon.

They really don't want to have any money lying around for the day that Obama takes power on Jan 20 2009. Have to take it now while the taking is good.