Some in the financial world seem to be telling us the truth about the Bear Stearns bailout, note these remarks by Jim Rogers of Rogers Holdings:
You know the reason they did it this way was because, if Bear Stearns had to declare bankruptcy, you'd realize that Bear Stearns paid out billions of dollars in bonuses in January - six weeks ago. If he let them go into bankruptcy, they all would have had to send back their bonuses.
This is what they're doing, they're doing it so they don't have to give back their bonuses. That's why they didn't put them into bankruptcy. Jamie Dimon has gotten a great deal because the Federal Reserve is paying for it. The Federal Reserve is using taxpayer money to buy a bunch of Bear Stearns traders' Mazeratis.
Emphasis added by Bloomberg. He makes some other comments about banks failing throughout modern history. Here is the link: ["Jim Rogers on the Bear Stearns Bailout"].
While Cheney scoffs at the opinions of Americans, on the anniversary of his trillion dollar invasion debacle: ["Cheney On Two-Thirds Of American Public Opposing The Iraq War: 'So?'"] a former detainee says American interrogators threatened him with rape: ["Canadian says U.S. interrogators threatened rape"].
And, while all this was going on, here is what was on talk radio yesterday in New England:
Col. David Hunt in for Howie Carr on WRKO 680 AM in Boston: The Rev. Wright issue.
Sean Hannity via satellite on WGIR 610 AM in Manch: The Rev. Wright issue.
Jay Severin on WTKK 96.9 FM in Boston: The Rev Wright issue.
A bunch of blabbermouths talking about some true comments and other crazy comments by Barack Obama's reverend. What has that got to do with anything?
If you don't think we need the Fairness Doctrine reimplemented for radio and television broadcasters in the United States, you don't understand the concept of brainwashing and manipulation.
If you are waiting for the Democrats to get some stones to deal with some of these issues, you may be waiting a long time.
If you are not outraged, you are not paying attention. And it is clear that a lot of folks are not paying attention.