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EXCLUSIVE: FOREIGN BANKS MAY GET HELP
Yahoo News ^ | 21 Sept 2008 | Mike Allen

Posted on 09/21/2008 7:31:49 AM PDT by Brian S. Fitzgerald

In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S. operations could qualify for the Treasury Department’s mortgage bailout, according to the fine print of an administration statement Saturday night.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; News/Current Events
KEYWORDS: bailout; congress; corruption; democrats; economicpolicy; economy; election; electionpresident; elections; fanniemae; financialcrisis; finincialcrisis; geopolitics; govwatch; housingbubble; lp; wallstreet
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1 posted on 09/21/2008 7:31:50 AM PDT by Brian S. Fitzgerald
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To: Brian S. Fitzgerald

Paulson was selling it this morning.


2 posted on 09/21/2008 7:35:58 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Brian S. Fitzgerald

“Free money for EVERYBODY!”


3 posted on 09/21/2008 7:36:11 AM PDT by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: Brian S. Fitzgerald
Oh, sure. Hank Paulson plays Santa Clause and the rest of Americans would be elves working as slave labor.
4 posted on 09/21/2008 7:36:29 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...

Ping!


5 posted on 09/21/2008 7:37:12 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: Brian S. Fitzgerald

6 posted on 09/21/2008 7:37:41 AM PDT by Crazieman (McWhatever-Palin '08)
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To: Moonman62

This must be rejected, now we’re bailing out the world, and won’t have any say or legal recourse.


7 posted on 09/21/2008 7:38:14 AM PDT by Brian S. Fitzgerald
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To: Brian S. Fitzgerald

If this happens then the country is finished. Anyone who votes for this bailout is a traitor. And if Bush signs it, then he is a traitor.


8 posted on 09/21/2008 7:38:27 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: Moonman62

i like your tagline!


9 posted on 09/21/2008 7:38:44 AM PDT by robomatik ((wine plug: renascentvineyards.com cabernet sauvignon, riesling, and merlot))
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To: Brian S. Fitzgerald
This must be rejected, now we’re bailing out the world, and won’t have any say or legal recourse.

I suppose that if 100 million Americans suddenly stopped paying their taxes they might get the message.

10 posted on 09/21/2008 7:39:50 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: Brian S. Fitzgerald


11 posted on 09/21/2008 7:41:24 AM PDT by vietvet67
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To: P-Marlowe

Or if every Senator and Representative gets voted out that supports this.


12 posted on 09/21/2008 7:42:05 AM PDT by Brian S. Fitzgerald
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To: Brian S. Fitzgerald

Prime plus 5 and secured 200% by American held assets. OK!


13 posted on 09/21/2008 7:42:11 AM PDT by Mike Darancette (Obama's Pay Grade: Chump Change - Under the Cone of Stupid)
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To: Brian S. Fitzgerald
How much of the (non)Federal (no)Reserve Bank and its
member banks are owned by foreign governments?
14 posted on 09/21/2008 7:43:53 AM PDT by HuntsvilleTxVeteran (Obama and ITS thugs are made paranoid by Sarahnoia. (stole from molly_jack2007))
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To: P-Marlowe

We’re running out of time, they want this in place tomorrow morning.


15 posted on 09/21/2008 7:44:45 AM PDT by Brian S. Fitzgerald
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To: Travis McGee
Free money for EVERYBODY!

Where do I go to get some. Do I have to bring my own wheelbarrow? If I am among the ambulatory challenged is there a program that will give me a driver and porter for my haul. What is the rag content of $1T? Can it be recycled?

16 posted on 09/21/2008 7:45:48 AM PDT by AndyJackson
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To: Brian S. Fitzgerald
Or if every Senator and Representative gets voted out that supports this.

That won't help. As long as we keep sending them money and and long as they think we will continue to send them money, they are going to spend $2 for every $1 that we send them.

The only way to stop it is for the American people to stop sending them money. But then I don't think they will do that either.

AT this point, I have given up hope for the future of this country. There are more people on the public dole than people who are not. This has spelled the end of every democracy in history.

America, you were a great experiment. You lasted longer than expected.

17 posted on 09/21/2008 7:47:38 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: vietvet67
For a Trillion dollars of socialist distribution you need one of these


18 posted on 09/21/2008 7:48:11 AM PDT by AndyJackson
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To: Brian S. Fitzgerald

We’ve been bilked Big Time.......Democracy is only as good as the people in it......Most of the people in it now are low lifes be they Repubicans or Democrats.....The fact that this whole financial collapse happened is because the so called people in charge are greedy, scum bags.....It desn’t take a rocket scientists to see that allowing anyone to get a lone, in some cases weather they had a job or not was going to lead to disaster......

Our whole society has been breaking down ever since political correctness, ethnecticity, and gender have become our god, while the real God has been run out of Dodge!!!!


19 posted on 09/21/2008 7:48:43 AM PDT by Old Phone Man
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To: AndyJackson
Where do I go to get some. Do I have to bring my own wheelbarrow?

IF this goes through, then a wheelbarrow full of money should buy you a nice wheelbarrow... provided that the denominations are large enough.

20 posted on 09/21/2008 7:49:53 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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