Adc bailout

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Will the bailout work?

Do you call it the bailout of Greece or the bailout of a load of stupid banks which lent to Greece?

And, two, what the government's bailout is attempting to do.

We do that corporate whether it's a bailout, an oil spill ... a recall.

So now let's think about, I talked about what the Fed's bailout proposal is.

Well anyway, I would argue that there's a lot of moral hazard with the government's current bailout proposal.

And this is the toxic stuff that's the focus of this government bailout, which is really historic in its proportions.

So I think that the oil blowout, the bank bailout, the mortgage crisis and all these things are absolutely symptoms of the same cause.

In the next series of videos, I'm going to give my best attempt at trying to get a handle on the bailout and the financial crisis.

So when I first read the bailout proposal, I said they're going to pay some discount on that, but that's not going to help the situation.

It was kind of interesting because in the morning, from 9 to 11, they were discussing the bailout package how many billions to invest in saving the Danish economy.

But you do want Germany to put up more money, do you not, to make this bailout fund, the firewall, bigger, as Treasury Secretary Tim Geithner s been urging, as the IMF has been urging?

But I'm going to segue to another thing that relates, because one of my private campaigns I've been conducting for over three and a half years is for transparency and accountability around the bailout of CL Financial.

So if you look at this in the context of visualizing the bailout, what you can see is if you stack up dollar bills, first of all, 360,000 dollars is about the size of a five foot four guy.

We have the high income countries here, with the United States as a leading power we have the emerging economies in the middle, which provide a lot of the funding for the bailout and we have the low income countries here.

But I read this fact the other day, that one trillion seconds equals 32 thousand years, so if you think about that, the context, the casualness with which we talk about trillion dollar bailout here, and trillion there, we are stacking ourselves up for long term leverage.

But Goldman's boys are well placed among the architects of power and they not only arranged for a huge bailout. but more importantly, they got the taxpayer to pay to save AlG from bankruptcy by up their collapsed loans and that incidentally saved Goldman Sachs from the same fate.

So when the bailout plan first came out and they said we'll create this 700 billion fund to buy some of these toxic assets. and at first they said we'll buy them at a discount and we'll hold them to maturity and then we might even make a profit.