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Where have the Billions gone....

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lldu Donating Member (272 posts) Send PM | Profile | Ignore Thu Jan-22-09 09:10 AM
Original message
Where have the Billions gone....
When we (the government, not us actually) give these banks and businesses all these billions....are we expecting them to pay it back? Can someone please explain how these banks and businesses get the money and how they plan on paying it back.

I know I will get some smart ass remarks to this, heck I would make a joke of it too. But, I really don't understand this. Is it a gift of free money or is there really a plan for us to get our money back?

Thanks,

LLDU
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-22-09 09:11 AM
Response to Original message
1. well-connected thieves don't answer to you or to me
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-22-09 09:13 AM
Response to Original message
2. Sorry but the Government actually is us.
Edited on Thu Jan-22-09 09:15 AM by ThomWV
And I did not say that as a smart ass remark. We are the Government and the Government is us.

How does the money get to the banks? Easy, they just get to write a bigger number on on the ballance sheets. Its really that easy. There is no money, it does not nor will it ever actually exist. Its all numbers, not even on paper anymore.
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-22-09 09:14 AM
Response to Original message
3. I believe that to be one of the reasons for the texans holding up Holders confirmation
Once we have him as our attorney general many unanswered questions will be investigated and this is one of them. You can bet on it.
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