Thread: Does The EU Want America To Fall?

Does the EU Want America to Fall?


September 30, 2008 | From theTrumpet.com


A giant rift in monetary policy has left the U.S. and the rest of the West deeply divided. Is the European Union setting itself up to replace the U.S.?

Robert Morley America is on the ropes. Pummeled by the historic failure of its financial center, its economy is on the verge of collapse. America is now pleading with the world for assistance. But is there anyone to come to the rescue?

U.S. Treasury Secretary Hank Paulson is clearly in panic mode. On Friday, 119-year-old Washington Mutual, the largest U.S. savings and loan, bit the dust and was taken over and sold off by the government. Then yesterday it was announced that Citigroup would be “purchasing Wachovia, the fourth-largest bank in America, to keep it from collapsing. To facilitate the deal, the fdic agreed to accept $12 billion worth of Citigroup stock in exchange for insuring hundreds of billions in near-worthless Wachovia-owned mortgages. These two failures join a list of sensational tragedies that now include: Bear Stearns, Indy Mac Bancorp, Lehman Brothers, Merrill Lynch, aig, and Fannie Mae and Freddie Mac.

“It’s all hands on deck,â€

I think this country's politicians set us up to be replaced.

Originally Posted by nntrixie

I think this country's politicians set us up to be replaced.

I THINK YOU GIVE THEM TOO MUCH CREDIT. I THINK THEY THOUGHT THEY COULD KEEP RIDING THE WAVE FOREVER. THEY WERE STUPID. THEY THINK THEY ARE SMART......BUT THEY ARE IDIOTS. THE COUNTRY IS BEING RUN BY IDIOTS.

THE HALLMARK OF AN IDIOT IS THAT THEY DONT KNOW THEY ARE AN IDIOT.....BECAUSE THEY ARE AN IDIOT.

Actually, I do think are politicians are not smart people, but they are bought and paid for by a lot of very smart, very tough, very wealthy people and corporations.

Originally Posted by nntrixie

Actually, I do think are politicians are not smart people, but they are bought and paid for by a lot of very smart, very tough, very wealthy people and corporations.

WELL LAST MONTH I WOULD HAVE SAID THE SAME THING. BUT IF THEY ARE SO SMART....WHY IS EVERYTHING SUCH A MESS? THEY ARE IN A PANIC TO GET BAILED OUT....DOESNT REALLY SOUND LIKE THEY ARE TOO SMART.