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alstry (35.03)

What options do those NOT getting bailed out have?

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October 21, 2011 – Comments (8)

Remember, it was only a few years ago....on 9.09, that Alstry predicted that there would be protests and rioting in every city in America.....and now, unfortunately, the trend is heading that way. 

The logic is as follows:

In America, the law says All Men Are Created Equal and There Is Equal Justice For All

All Americans come under the classification of We The People

Americans have inalienable rights of life, liberty and the pursuit of happiness.

Without freedom, one does not have liberty.

In an industrial based economy, without money/credit, one functionally doesn't have freedom.

Right now government is bailing out FINANCIAL ASSETS and not the underlying real assets.

Essentially, Washington has handed itself, the rich, and Wall Street $23 TRILLION dollars of taxpayer, WE THE PEOPLE's money...and given WE THE PEOPLE relatively little.

As a matter of fact, Washington and Wall Street is cutting off credit to real assets/main street.

Consequently, those NOT being bailed out are being deprived of their liberty by not having access to credit like Washington and Wall Street....and derivatively, the wealthy through their ownership of financial assets, are also massively benefitting from WE THE PEOPLE's money.

Since the NOT bailed out citizens are unable to turn to government, and Wall Street and the Wealthy don't seem to give a damn that the top few percent essentially took essentially all of WE THE PEOPLE's money.....

What options do the NOT bailed out have to restore their liberty?  What options did George Washington have?  What options did the slaves have?

Many in Twin Cities lack the resources to build for tomorrow

Flash mob of at least 25 attacks the Pedal Pub

8 Comments – Post Your Own

#1) On October 21, 2011 at 12:41 PM, WikiCPA (49.18) wrote:

Since when is raising capital so other businesses can start up and operate against the law?

Because I definitely don't see bankers starving the poor, students, police officers, teachers, or firefighters. Did the bankers make your mortgage skyrocket? Did they steal the food out of the student's hands? When is taking a loan to stay solvent against the law? That is essentially what these banks did, they paid it back with interest/dividends didn't they? Yet when something good happens (Muammar and Obama dead), Obama gets the praise, when it IS THE 1% that wanted to invade and get that oil. Yet when something bad happens, you guys run to blame the bankers. That heated home you have this winter, thanks to bankers. That home you probably mortgaged, thanks to bankers. Those roads you drive to work on, thanks to bankers (they pay more taxes than the lazy 47% that are protesting). Quit misguiding your hatred and laziness.

 Here's one for you: http://www.bls.gov/news.release/empsit.t04.htm

For those with college degrees, 4.3% are unemployed. Seems to me that those who worked hard, are getting paid. And those who aren't, are protesting.

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#2) On October 21, 2011 at 12:46 PM, alstry (35.03) wrote:

If the banks are not lending....the debt based industrial economy is ending.

The only way the banks and wealthy are still solvent is because government/WE THE PEOPLE bailed them out....otherwise they would be broke just like the those NOT bailed out.

Even Warren Buffett admits Berkshire would be broke but for government/WE THE PEOPLE.....

just read the essay at the bottom of www.udderworld.com and click on Warren Buffett

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#3) On October 21, 2011 at 1:02 PM, WikiCPA (49.18) wrote:

A little advice Alstry, is to be very careful of what you read on the internet. It gives access to people who know nothing, to write about anything. That's why i tend to not base my opinion on what i read, but what i see (unless fool.com, cnn, and the wsj all say the same, i can consider that the truth) (prime example: yesterday the Huff Post said Gaddafi: "presumed dead, but rumored to be roaming around hometown", When prior to this article, i saw images of his dead body on yahoo, google, everywhere else")

So how can i believe that banks are not lending? Quarterly reports came out this week, and again Goldman Sachs sits on top for trading. Most top banks were profitable, possibly meaning they are lending? I don't know, what i do know is that Goldman Sachs just gave up 50 million to a company to build low-income LEED standard housing in the NY area. They received a 20 million dollar tax credit for it, I would say that is a great job by the 1%. Isn't it clear, government doesn't create jobs, businesses create jobs.

 Switch bank with 'my children' and 'We the people' with banks and a few other words

 "The only way MY CHILDREN are still 'sheltered' is because the BANK lent me money to buy a home..otherwise they would be homeless.."

I'm surprised you know who warren buffet is. Do you know about his taxes payable account?

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#4) On October 21, 2011 at 1:26 PM, alstry (35.03) wrote:

I doubt there is anyone on the Fool that understand Buffett better than Alstry......

Now Buffett admits, through his own words, he got a $50 billion dollar check from WE THE PEOPLE.....while millions of his fellow citizens lose their jobs, homes and savings.

Whatever Buffett's taxes payable are....anything short of $50 billion and he is still in debt to We The People.

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#5) On October 21, 2011 at 1:36 PM, WikiCPA (49.18) wrote:

Hmm...I assume I convinced you that banks aren't the enemy here, that's why you don't bring it up?

 Now let's see, do I want the 'WE THE PEOPLE' to give $50 billion to Warren Buffet (who upon his death will contribute billions to worthy charities) OR do i want it to be given to the american people who will waste it on ipads, iphones, Ford cars, and overreach on luxury homes, all while saving by shopping at wal-mart? When people were able to re-finance and get a nice check, was it invested back into society? Hell no, it was used to buy bigger houses, bigger cars, all while having a war. Back in WWII, people made sacrifices like not eating meat, children went to work. During the wars this past decade, the american people lived in luxury. What's up Alstry? Buffet is paying for that, not people who protest the streets having a grand ol time playing cards and the drums while smoking pot.

 

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#6) On October 21, 2011 at 1:46 PM, alstry (35.03) wrote:

Warren Buffett got $50 billion because the American people consume so much.....now he has it because he got a government hand out, just like the bankers.

What you criticize the American people is exactly what the bankers are doing.....except they are doing it from a government bailout and the people are not so lucky....

The world has become the few that are being bailed out like the banks....like Buffett.....and the Wealthy holding financial assets.....which include most politicians....and an increasing number NOT bailed out.

All who got bailed out should return EVERYTHING to We The People....and go broke just like those the banks are cutting off lines of credit and foreclosing upon.

America is about fairness.....and it is only fair that its citizens get treated equitably and fairly.

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#7) On October 21, 2011 at 7:06 PM, oshiri (< 20) wrote:


     F O L L O W  T H E  M O N E Y !

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#8) On October 21, 2011 at 7:20 PM, TDUBFISH313 (40.19) wrote:

Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:

"I could end the deficit in 5 minutes," he told CNBC. "You just
pass a law that says that anytime there is a deficit of more
than 3% of GDP, all sitting members of Congress are ineligible
for re-election
.

The 26th amendment (granting the right to vote for 18
year-olds) took only 3 months & 8 days to be ratified! Why? Simple! The people
demanded it. That was in 1971...before computers, e-mail, cell
phones, etc.

Of the 27 amendments to the Constitution, seven (7) took 1 year
or less to become the law of the land...all because of public
pressure.

Warren Buffet is asking each addressee to forward this email to
a minimum of twenty people on their address list; in turn ask
each of those to do likewise.

In three days, most people in The United States of America will
have the message. This is one idea that really should be passed
around.

_*Congressional Reform Act of 2011*_

1. No Tenure / No Pension.

A Congressman collects a salary while in office and receives no
pay when they are out of office.

2. Congress (past, present & future) participates in Social
Security.

All funds in the Congressional retirement fund move to the
Social Security system immediately. All future funds flow into
the Social Security system, and Congress participates with the
American people. It may not be used for any other purpose.

3. Congress can purchase their own retirement plan, just as all
Americans do.

4. Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and
participates in the same health care system as the American people.

6. Congress must equally abide by all laws they impose on the
American people.

7. All contracts with past and present Congressmen are void
effective 1/1/12. The American people did not make this
contract with Congressmen.

Congressmen made all these contracts for themselves. Serving in

Congress is an honor, not a career. The Founding Fathers
envisioned citizen legislators, so ours should serve their
term(s), then go home and back to work.

If each person contacts a minimum of twenty people then it will
only take three days for most people (in the U.S.) to receive
the message. Maybe it is time.

THIS IS HOW YOU FIX CONGRESS!!!!!

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