Bank of America gets $138bn lifeline

PLEASE TAKE A PAGE OUT OF HISTORY, OUR ONLY CHANCE FOR SOLUTION.

Andrew Jackson, when he identified the original BANK OF AMERICA but be a source of collective corruptness, loaning only to those who would reciprocate (pay offs) and the fact they had the power to print money for thier needs and the needs of thier selected few bassed on gold/silver reserve, took away the gold and silver and gave it to the states to distribute and invest as they saw fit, also ellmating unauthorized printing of money to bail themselves or aquire what their self indunce dictate to their corrupt lives.

I suggest we try to do the same, I for one, write my elected officials weekly begging for no more spending, not only do I not get compliance just as the majority of American's but they are so audacious and ego driven to not even reply.

It is time for a revolution and if needed, physcially throw many our of goverment or have our future ruined beyond repair.

WTF? How we do we stop this sustained & disgusting "there otta be a law" trend of converting our public funds into private hands & then sticking us with the bill? We're being robbed blind & seeming powerless at this point. I'd like to think it's licking the bottom of the proverbial trough by the outgoing & that come Tuesday, "Bailoutgate" should be managed with the utmost seriousness ASAP before the trail goes cold. Let's hope the incoming can & will prosecute the thieving bastards. And this is only 1 example of just how dismally the U.S. has fared in the last 8 years.

Check out tha fact that Thomas Jefferson Warned THE PEOPLE about what would happen if we ever allowed the bankers to get a hold of the MONEY and the Government

If the US government handing out tax dollars ticks you off, take a look at this:

http://rawstory.com/news/2008/Offshore_tax_havens_of_US_corporate_0116.html

A list of major US corporations that ARE NOT paying taxes!

This is going to come back and chomp our asses later this year.

We should be ashamed that our government officials, individuals who are charged with looking out for the good the the PEOPLE, are instead roped into the wholesale sell out of our government. BoA received this money after purchasing Meryl Lynch, a move which was unnecessary and fueled by the desire for a higher market share by the bank which is already the largest in the country. If the US government and their associated agencies don't realize their reason for being as intended by the constitution, a government for the people, by the people, it may be due time for the American people to remind them that it is the people they work for and not corporate America. People are suffering, small businesses are shutting down and many large companies are cutting jobs at an unprecedented rate while a select few are benefiting. It's time the American people do some sole searching as well and realize that this is OUR government, it's about time we started to hold it accountable for its actions.

Note the sign in the window of the featured photos, it says COINS UNITE, would be right if it said CONS UNITE.
As Bank Am and the govt supporters are running a con job on bill paying American's. Damn them all.

Good question, from our govt against our wishes, better question where's it going, I have perfect credit yet all my cards ceilings have been drastically cut down and they are re loaning money to failures. Make me sick.

Thank you for your comment.

okay... this is ridiculous. where is this money coming from?

When this crisis started Bank of America bought up the investment giant Merrill Lynch. So here you have a bank in the middle of it's own meltdown that made a terrible decision by buying a company also in the middle of a financial meltdown, and we're giving them ANOTHER 20 bln dollars with no questions asked! Isn't this the kind of stupidity that created the financial crisis in the first place?

Compare this to when three Detroit automakers came looking for a total of15 bln and got the second, third and fourth degree about how they were going to spend the money. What is going on here? Why aren't congressmen asking BoA why they bought Merrill Lynch when their own balance sheets were so red? Why isn't congress demanding a recovery "plan" from BoA like they did the automakers BEFORE we hand them any more money??? Does the disparity here have something to do with the fact that Detroit is predominantly blue collar and union? Or is it simply that BoA has more lobbyists than the automakers??

People, there are 42,000 lobbyists in Washington D.C. So when Washington appears to do something that appears absurd, like handing another 20 billion to a bunch of greedy MORONS that apparently STILL DON'T GET IT you can bet your ass someone got paid off.

After the majority of US Citizen's sent request to representative's asking to not! This company was on of the first to accept and solicit accts. from illegal aliens. I'm tired of pricks in suites, draining the life blood of hard working American's to support anti patriotic leeches like Bank America.

Thomas Jefferson, said we should take it own ourselves to evict, those that mis use and abuse power. 'Bout time to act.

A $138 billions dollars doesn't sound like a lifeline. It sounds more like a fleet of expensive yachts.

Oh great , Now they want money too to make up for the years people did not want to pay their outrageous service fees.

because the auto companies arent run by the zionists

"Why, again, did we give the big 3 such a hard time before bailing them out?"

To pretend that we have a say and they aren't actually running the show.

we dole out money to the bankers because they are controlled by the jews and zionists and our own GOV is a zionist occupied GOV. we give them hundreds of billions of dollars shit you might just as well say a trillion at this point, but the auto makers must bow down and submit to all kinds of restrictions and conditions to get a lousy 20 million or whatever they got. meanwhile the bankers still fly their corprate jets and take their vacations and go to their spas. When I pay my taxes this april I wonder if I should just make the check out to the GOV of israel directly. it would save a little paperwork.

Here is why I think the worst isn't even yet to come...

' ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure with daily auction updates, today issued its California Foreclosure Report for December 2008 and year-end summary. Notices of Default have rebounded from the stall caused by California State Senate Bill 1137, which temporarily slowed foreclosures by imposing new requirements on lenders. With 42,421 filings in December, Notices of Default are back to the record levels reached in the second quarter of 2008, nearly doubling the 21,557 Notices of Default recorded in November..." -foreclosureradar.com

If Foreclosures are still at record highs and the banks are reporting on previous quarter's analyitics, mathematically I can deduce that the worst is yet to come, and another shoe (or two) is going to drop.

Looks like they bought more bad stuff so they get more bailout money . How knows, they may even buy more bad stuff to get more bailout money so at the end they are sole banker for all USA people. Than they really go to town with demands. We may end up in their loving arms to depend on them as long as we live. The government will only be a pawn in the hand the world of finances.

First, B of A avoids bad loans and claimed that they didn't need the initial bailout money, but took it so as not to make those banks that really needed bailout money look bad. Then they buy the then struggling Merrill Lynch (probably with the bailout money), and now they need a bailout because they were greedy and wanted a bigger piece of the pie. ridiculous

You're just watching the trail at this point.

Call it the tail of the tiger.

thats funny because their taking money from me...i guess my money isnt enough for BOA

Talk about throwing good money after bad. We just bailed them out last month, now they need another bailout?

so... why was microsoft split up and yet Bank of america get's to be THE largest bank in U.S. history?... oh yeah because microsoft didn't have lobbyists.

Just let them fall!

I WANT MY BAILOUT!! I WANT MY BAILOUT!!

funny, because it's the companies that receive the enormous bailouts that are the ones you should probably avoid. bankruptcy may have been a more productive route for them.

Jesus, I thought BoA stayed away from all the subprime shit. How are they having trouble?

Project Mayhem is well underway.

Pareo Nullus