[Peace-discuss] Fw: Quick question ?

[Jenifer Cartwright]

For some reason, this reminds me of a joke that goes something like this (there's an ethnic component which I can't remember and which doesn't matter anyway):
Three men find a genie who is stuck in a bottle. Because they release him, he grants each one wish. The first, a religious man, asks for a round-trip airplane ticket to the Vatican. The second, an eager young twenty something, asks for a winning lottery ticket worth millions. The third, a crafty businessman, asks for 25c and the second guy's phone number.
 --Jenifer

--- On Thu, 11/27/08, unionyes <unionyes at ameritech.net> wrote:

From: unionyes <unionyes at ameritech.net>
Subject: [Peace-discuss] Fw: Quick question ?
To: Undisclosed-Recipient:;@mail.chambana.net
Date: Thursday, November 27, 2008, 1:34 PM





 
----- Original Message ----- 
From: John Reimann 
To: unionyes 
Sent: Thursday, November 27, 2008 11:49 AM
Subject: Re: Quick question ?

Yes, but that would violate one of the main purposes of the bailout, which is to swell the coffers of the financial sector (banks, insurance companies, etc.) at the public cost.

After all, when have taxes ever been used for the benefit of those who pay them?

John


On Thu, Nov 27, 2008 at 9:43 AM, unionyes <unionyes at ameritech.net> wrote:



Thanks John,
 
You know what ?
 
If you do the math, if that $ 7 trillion were distributed to every household in the U.S. , and let the banks fail, that would come to about $ 70,000 per household.
 
So if that money were set-up in a fund and distributed to those in need of mortgage relief ( lowering payment by paying off some of the principal owed ) and giving grants to low-income people to buy homes, there would be little if any fall in housing prices.
 
David J. 




----- Original Message ----- 
From: John Reimann 
To: unionyes 
Sent: Thursday, November 27, 2008 8:20 AM
Subject: Re: Quick question ?

I'm putting some figures on the list. In short, they have committed to spending some $7 trillion so far.
John


On Thu, Nov 27, 2008 at 5:11 AM, unionyes <unionyes at ameritech.net> wrote:



Good morning John,
 
I have a quick question.
 
What is the TOTAL amount of money that the federal government jhas given to the financial sector this year ( so far ) ?
 
David J.
 


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Check out:
http://www.iww.org/en/blog/1411




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