Publisher: C. S.  Franklyn II                                      copyright (c) CSF 1993-2008

INSIDE STORY: WHAT HAS PROMPTED THE HUGE BAILOUT FOR BANKS?

Relax! -- this will be brief!

If you trusted FANNIE MAE and you bought millions of dollars worth of Mortgages and then sold them to foreign buyers, you probably trusted FANNIE because it was a Government Secured Enterprise (GSE). So when the SUB-PRIME Scandal broke loose and you found that you had been handling bad mortgages, you would feel mad as Hell! Right?

No doubt about it! In fact, WALL STREET has been so angry about this CRISIS, it is especially mad at George Bush because it is his Administration that is still responsible for this Nation's Security including the Economy! Jews don't like to pay for other people's mistakes so Wall Street and all banks decided they would just hold up all CREDIT and shake-up Bush and Paulson! You want us to start to provide CREDIT again, you -- Uncle Sam -- you will have to agree to hold more of our debt until things are back to Normal!

These recent additional Federal funds announced by Bush and Paulson therefore are more of our dollars that Wall Street  demanded so that they will get the CREDIT system working again. This means that WALL STREET HELD CREDIT AS A HOSTAGE TO FORCE BUSH TO PAY A BRIBE TO GET CREDIT FLOWING AGAIN!

is something wrong with what Wall Street and the Banks have done?

Indeed, something is wrong  -- rotten!

ALL the People on Wall Street knew that the paper they bought from FANNIE MAE was BAD PAPER. In fact, everyone in Washington and the MEDIA folks involved in Financial News knew the SUB-PRIME Mortgage was a land mine waiting to be triggered by someone. Greenspan, especially, knew better than most how extensive and dangerous it was. Wall Street Pros knew that once they take their FEES, they never are forced to pay back their FEES!

So, if they knew about it, why was Wall Street and the Banks so angry? Actually, they weren't surprised and angry. They were applying an old Jewish trick, a pretense of shock, surprise and impatience that makes them look like they are innocent victims! The ploy was quite successful since the private financial industry had used a threat to bring the entire country's business system to a halt at the most critical time: just weeks before the 08 National Election!

Jayson Quigham   Ph.D.    

     10/16/08