Government's $700 billion bail out. What it says.

[Coca-Cola]

NJ5 said:

loy310 said:
End game of Capitalism, and if I recall my American History lessons, this is what happened before the Great Depression (Banks failing, businesses going under, and people losing huge amounts of property ). All empires and establishments/Governments fall eventually and history can prove that. Think of these days as the last days of Western global domination. Thank you George W Bush.

I'm thinking this may have been the plan all along...

Paulson was the CEO of Goldman Sachs. Now that he's in the government, he suddenly pursues an initiative which will grant him unlimited power to give away money to banks... Not even the Supreme Court can challenge this.

Hello???

 

I'm hoping that this has been planned all along - probably since the late 80s.

If not, then this move will not help but make things a lot worse.

And if it was planned then it was pure greed of capitalism.  The Fed just wants to make money and they don't care who gets hurt along the way.

maybe there is a thing called "black box" filled with trillions of dollars.