Fwd: What is the REAL purpose of the bail out bill?


Richard Moore

Interesting video. Is the bailout bill really all about paying off the bad debts of foreign banks? I think the video misses the point main point on this however. The US economy depends on being propped up by investments from China, Japan, etc. Buying up their bad debts from Wall Street is necessary to keep them from abandoning their prop-up role. This is no benefit to us in the long run however. The only thing that will help us is to put the whole banking system into receivership and establish a new basis for US currency.


Begin forwarded message:
From: “don.stacey” <>
Date: October 2, 2008 2:13:00 AM GMT+01:00
Subject: ###   WHat is the REAL purpose of the bail out bill?   ###