Bernake (Federal Reserve Chairman) thinks the banks will need more bailout money?

bernake, as you said is the chairman of the fed. the fed is a privately owned bank with a monopoly on money production.

every dollar printed by the fed is loaned to the government on interest. because this money is printed out of thin air, the debt won't ever be paid. the money to pay off the debt doesn't exist. there will never be enough money in circulation to pay off all debts.

the more money the gov't borrows, the more debt the gov't owes the fed, and the deeper into the fed's pocket the gov't digs themselves.

of course bernake wants to give the banks more bailout money, it gives him more sway over the government.

The bailout money was intended to be used to buy those toxic assets, not stock in the banks.

We need to ressurect the market for mortgage-backed securities because that gives banks a revolving source of loans when they sell their bundles o'f mortgages. Buying the banks' stocks is a one-time shot of capital and cash, and the lenders are not going to tie it up in long-term mortgages.

Paulson couldn't come up with a better plan to keep the mortgage market in a crisis mode.

The banks could have more deposits if we had the FairTax.

Theer is over $12trillion in off shore accounts waiting to come home. Replace the income tax with the FairTax and that money has no more reason to be offshore.

wheres my bailout for my home loan, oh I'm sorry I forgot that I'm not a multi-billion dollar corporation.

will the madness ever stop!?