The US Treasury (Taxpayer) on the hook for 45% of a $800bil bailout for Italy and Spain.
Time for trials and hangings on the Capitol Steps.
Metaphorically, of course.
posted on 11/27/2011 8:23:11 PM PST
By “save” they mean prop it up just a bit longer.
posted on 11/27/2011 8:24:23 PM PST
(The Right to Life came before the Right to Pursue Happiness)
Apparently this rumor has already been denied.
The USA taxpayers take another financial bullet between the eyes, courtesy of its “leaders”.
Be nice if we had leaders who cared as much about the taxpayers as they do their big banker and politician buddies.
Corrupt is as corrupt does.
We’d have better leadership in the USA if we canned elections in favor of a lottery.
posted on 11/27/2011 8:27:18 PM PST
(Obama, the most corrupt and incompetent President since Carter.)
posted on 11/27/2011 8:31:10 PM PST
(Someone important make......The Call!)
"The US Treasury (Taxpayer) on the hook for 45% of a $800bil bailout for Italy and Spain."
I wonder if China knows what we are doing with their money?
posted on 11/27/2011 8:31:26 PM PST
Are you kidding? We can’t even pay our own bills!
posted on 11/27/2011 8:35:46 PM PST
(January 20, 2013 The end of an error.)
This is like paying a gamblers debts, it may solve the problem for a couple of months but all you have done is manage to change who they will soon be in debt to.
posted on 11/27/2011 8:35:55 PM PST
(Barack Obama: Jimmy Carter 2 Electric Boogaloo)
DEFUND socialist collectives, FOREIGN and domestic. Let them collapse under their own weight. DEFUND the IMF.
posted on 11/27/2011 8:37:23 PM PST
"Socialize the losses
, Privatize the gains."
Unfortunately, under this plan, many of the eventual losses would be socialized to the US.
posted on 11/27/2011 8:50:44 PM PST
( I AM THE TEA PARTY LEADER !)
And we’ll each be compensated with a travel package... I’ll take a 10 day Italy/Spain trip for 4, business class.
posted on 11/27/2011 8:50:44 PM PST
by Gene Eric
(Save a pretzel for the gas jets.)
Where do you get the 45%? I see no mention of that figure in the article.
posted on 11/27/2011 8:57:59 PM PST
Pay your taxes.
Lazy Spanish/Italians who hate you really need the money. :)
posted on 11/27/2011 11:58:28 PM PST
(Never forget that the American Revolution began when the British tried to disarm the colonists.)
Watch oil, transport, gold, and commodity prices.
(And guess what UK lobby is currently holding the Italy bond bag and wants bailed? One that calls itself an “industry”? The same ones on the receiving end of Phony-Care in th US?)
America has funded the world since the mid 50’s when will our people wake up?
posted on 11/28/2011 3:09:52 AM PST
(Ones conclusions are founded in the path traveled.)
when I first saw the title I thought Mr. Phelps and his Impossible Missions Force was on the job.
Impossible Missions indeed.
posted on 11/28/2011 4:48:42 AM PST
("an armed society is a polite society" Robert A. Heinlein)
Wow! and we thought we spent a lot on the Marshall Plan after WWII to rebuild Europe. Then keeping the peace since.
and now this obscene bail-out
I would say we have purchased Europe - what now?
posted on 11/28/2011 4:50:10 AM PST
(AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
Ulysses Everett McGill: Me an' the old lady are gonna pick up the pieces and retie the knot, mixaphorically speaking.
posted on 11/28/2011 5:50:05 AM PST
(Heck is where people, who don't believe in Gosh, think they are not going)
Debt is not going to “bail out” any nation running a trade deficit.
It doesn’t work that way.
A nation has to make things, then export those things.
Has to. A nation will not grow by borrowing. Never.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson