Let's break this down to simple terms?!

The sad part of all of this economic breakdown is that due to the greed and power of those elite people in the top 1% club that have created this strategic mess (for not only the U.S. economy, but the global economy, and the huge profits for themselves) something still needs to be done. Uh, $700 Billion here, a few trillion there, and we won't raise taxes?!...where do these people come from?

I do applaud Pelosi for her persistence and insistence(at this point) in telling Bush that he must include in the bailout proposal issues that help the people of America and not simply the corporations. We will see how long that lasts before the Hill goes to recess.

I find it plausible to NOT have to raise taxes, but to simply state that there won't be taxes raised is unheard of in this situation. McCain also states that he will lower taxes. He states that he will cut defense spending?...I beg to differ and would state that this is simply another batch of lies coming from the senator trying anything to get into office. This military man will cut defense? I don't think so!

This whole current issue is simple really…uh-huh...it goes like this:
Paulson, Treasury Secretary, was discussing yesterday morning, on Meet the Press, that these actions are being done for the American people…uh-huh…So, Paulson, can you tell us how much is really going to be “needed” for this bailout? “Not at this time. We set a point of $700 Billion. We may not need that much, but it is also possible that we may end up asking for more!” He also stated that they are allowing foreign banks and corporations in on this in order to help this pass through more easily and expeditiously…In other words, the money that these rich crooks are stealing from the American tax payer will be able to be used to buy the REO’s off of the bank books by these same people’s offshore companies without taxation implications. Then, this will free up the necessary funds for the banking institutions to begin to lend again in order to help stimulate the economy, instead of them hoarding their money to make sure they can stay afloat, if nothing were to be done… Then, these offshore corporations, owned by the insider elite crooks, can then offer this real estate that they bought for pennies on the dollar away from the banks to the public at the now retail level. Despite the fact that the loans on this real estate is currently backed now by the socialist government programs called Freddie Mac and Fannie Mae, that we the taxpayers own…is something we can call “Feddie”!! So, we are going to be buying back what we already own? Um… our loans, meaning the loans that the taxpayer is responsible for through the Freddie and Fannie bailout is also being sold back to the people again so that they can pay again?…So, what has been accomplished? In reality, nothing has changed, excepting the fact that the banks get to write off all of their losses and the people are stuck with their bad loans, again, and a huge tax burden. But, they can buy those same houses back with their money they aren’t getting from their jobs that they are losing. Oh, but the people will feel better now that they have been rescued by this brilliant scam and will begin to be more comfortable and spend and borrow again.

Simple, right?…uh-huh…

The brilliance of this Ponzi scheme is that there must be a solution to this problem regardless. It is a given at this point that there will be some big money makers through all of this, and that would be those who created this to begin with by deregulation of the finance industry.

But there must be something done in order to stimulate the economy as it has nearly come to a standstill in so many respects.

And, on top of this, if the American people don’t see through this scheme and vote for McCain, he will maintain Bush’s tax programs and actually reduce taxes for the rich (to help stimulate the economy)…uh-huh…

My god, truth is better than fiction!