Home » The Speech - Did You Really Comprehend?

Everyday Americans will be able to get credit? To help Americans? Yes and from the same man who said just a few weeks ago that he didn't know of any problems America is having. Yes and the same man who said last year "money always trumps peace". Now when he talks about Americans borrowing he is not talking average Americans . He knows that and you know that. Wake up. Many are just not CREDIT WORTHY any longer yet these same private investors evidently are? Yes they evidently are "personally responsible" by many a definition. That says a lot.

Now note he continued to state investors around the world. That is key, I'll say it again. Investors around the world. They are China, Russia, India and others. They hold the notes and money, ours that we handed to them along with everything else. Yes our money, our jobs, our industry, our technology our manufacturing and now they lost money and they can fall that is why the urgency. No not you or I or any average American . Lets get real about this you all know that is fact. You will go by the way of all who are mere assets and that is the pure and simple truth.

Yes he is against regulation as a professed capitalist but now, all of a sudden when his house of cards is falling he and they can throw it all to the wind. Where was he and them all months ago? They were counting stock dividends that's where. The bottom line is this, they really can save it all for average, middle class and all Americans by adjusting all mortgaged homes to actual current make value. It is that simple.

 

Can't do, well that is what they are doing with this bill. They are absorbing the bad "risky" debt only with a very sly approach that only helps  investors and not average Americans in trouble. Think about it? So if they took this approach portfolio values would fall [they are already inflated by many people owe more on then their home is worth] so nothing lost that hasn't already been. Hey I guess they are saying, screw you and you can continue paying because well, your not in foreclosure, yet and top of thatthey are making a buck by you paying for something is no longer worth what you borrowed. It is as good a deal as ay can get, for them. In fact they get the rite off you get, well you know what you get, it starts with a S and ends with a T and has haf in the middle.

  
So as I just said keep in mind that values have already fallen. Can they renegotiate the mortgages to a fair and equitable new rate thus making the market viable again, certainly but they won''t.  So if they did what I suggest We the People will get to absorb what they are handing to us anyway, but with one significant major result - we are saving Americans homes all cross this land not just bailing out the greedy. Yes and while they do that they can also eliminate Credit Card usury, the Credit reporting Agencies and re-establish credit worthiness overnight. A grand slam. Just why should they?

Now they won't even talk to any of it. They won't because you are not even a thought in their minds. You really do not fit anywhere into their equation. Yes they can but they won't because after all it isn't about Americans other then they have totally bankrupted your savings and you, yes and you still support them. My God, how is beyond any logical comprehension.

So in conclusion and just to go over it again for those who still don;t get it. Did he or they mention any help for average Americans, NO. Ok I'll ask you again, did they propose any plan to help average Americans? No, they will buy those "bad risky assets" someone's foreclosed home and hold it until they regain their value and then these same banks can re-mortgage them to someone else just not any average American.

Yes the perfect plan for the haves, the investors and the Global dream. Yes and all on the backs of all Americans. Yet like I just stated in the article prior to this, why bother. Oh and finally, just remember to swallow hard and fast and don't choke on it all but then again you are used to it and frankly evidently enjoy it and condone it?

Robert T. Melaccio Sr. 2008 Copyright ©2008 Robert Melaccio Sr.