After two weeks of anguishing debate, Congress has passed and President Bush signed a massive plan to save the financial industry and the economy at large from an unthinkable free fall. Now, the world holds its breath, seeing if it will work.
Passage of the $700 billion financial rescue package came after Treasury Secretary Henry Paulson at a meeting last month shocked congressional leaders into action by warning of pending economic collapse without immediate congressional intervention.
Paulson said after the climactic House vote Friday that he already had staff working out details and was lining up advisers from outside the government to get the money flowing.
The immediate response to the 263-171 vote was not promising. Wall Street, which plunged a record 778 points after the House initially rejected the bill last Monday, fell 157 points on Friday as more economic bad news, such as a jump in job losses, outweighed news that Congress was finally coming to the rescue.
Still, Bush and Congress made clear that the legislation was urgent and vital. “We have acted boldly to help prevent the crisis on Wall Street from becoming a crisis in communities across our country,” Bush said after the House vote. He acknowledged that “our economy continues to face serious challenges.”
“We know that if we do nothing this crisis is likely to worsen and put us in a slump the likes of which most of us have never seen,” said House Republican leader John Boehner, R-Ohio, who worked with House and Senate Republican and Democratic leaders in a rare bipartisan response to what both parties saw as a dire threat to the nation’s economic well-being.
“We are addressing the real pain felt by Mr. and Mrs. Jones on Main Street,” House Speaker Nancy Pelosi, D-Calif., said. “They are why we must pass this legislation today.”
http://waronyou.com/2008/10/hr-1424-congress-sells-soul-to-the-bankers-gives-americans-the-boot/
Saturday, October 4, 2008
H.R. 1424 - Congress Sells Soul to the Bankers & Gives Americans the Boot
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Labels: 9/11 and The Federal Reserve, bailout, banks, Free Download, Zeitgeist Addendum, Zeitgeist Day, Zionist
Wednesday, March 19, 2008
Zeitgeist Addendum To Be Released October 2008
To further celebrate Zeitgeist Day on March 15th, a trailer for "Zeitgeist Addendum" was released:"Zeitgeist was created in the hope that it will inspire people to start looking at the world from a more critical perspective, and to relay the understanding that very often things are not what the population at large think they are. The true understanding of events, both historical and modern, are crucial to the development, awareness and spirituality of the human condition."
UPDATE _Its out, Watch Below.
Zeitgeist Addendum
Came out today! Oct 3rd
Full Movie @ WAR ON YOU or Full Movie @ VidzKing to watch the full movie for free or download.
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Labels: Free Download, jews, March 15th, Masons, October 3, October 3rd, watch free, Zeitgeist, Zeitgeist Addendum, Zeitgeist Day, Zionist
Sunday, March 9, 2008
Zeitgeist Day is March 15th
The internet sensation Zeitgeist has been remastered for viewings worldwide on March 15th. What does Christianity, 9/11 and The Federal Reserve all have in common?
UPDATE _Its out, Watch Below.
Zeitgeist Addendum
Came out today! Oct 3rd
Full Movie @ WAR ON YOU or Full Movie @ VidzKing to watch the full movie for free or download.
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Labels: 9/11, Christianity, federal reserve, Free Download, jews, Masons, October 3, October 3rd, watch free, Zeitgeist, Zeitgeist Addendum, Zeitgeist Day, Zeitgeist Day is March 15th March 15th, Zionist