Skip to comments.Which Canidates will Pledge to not allow ANY Bailouts - [Vanity]
Posted on 01/10/2012 9:41:13 PM PST by PieterCasparzen
I'm just curious - which of the Candidates will pledge that they will not allow ANY bailouts ?
No bailouts of private equity, hedge funds, pension funds.
Private equity has, according to Zerohedge today, enormous amounts of debt coming due in the next few years, debt that funded buyouts of businessness that are floundering.
European sovereign debt and banking bubbles look like they will cause bankruptcy of some kind in the American financial industry.
Mr. "frontrunner" Romney; will he pledge no bailouts ?
Mr. Ron Paul probably will - but he apparently is intent on knocking out all other Republican candidates besides Romney - and everyone pretty much knows that he can't actually beat Romney himself.
Is "big capital" setting up the American taxpayer to bail them out to the tune of hundreds of billions or even trillions in low interest loans or other devices by the Federal government or Federal Reserve - since apparently they are insuring either Romney or Obama is President come 2013 ? Ironically using Ron Paul to do it ?
Is that what the 2012 election is all about ?
I'd like to see whether each candidate will make a NO bailout pledge.
French banks are apparently teeter-tottering...
Greece and Italy toast ?
The Federal Reserve - which candidate will pledge that they will do whatever it takes to ensure that the Federal Reserve stops it's efforts to bail out foreign banks and governments ?
Especially since one can only assume that there is an implicit backing of the Federal Reserve by the American taxpayer...
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