Why the mystery?
Because it's a weapon of mass destruction
And they want to hide the catch all in it
What you don't see will hurt you
Would you sign something without knowing what's in it
I didn't think so
So why is Congress?
So they can say later
We didn't know!
Well who the fuck are they working for
Because it's not the American people!
Oh look who is selling the bailout plan
To stick it up your ass as fast as they can
Moodys who is a liar in collusion
And more apt owned by the same institution
They rated the garbage of this economic way
Like we should now believe anything they say
Why would it cost the government for those banks to go down
The financial system is broken
And they want you to pay for it now
Bailout a mystery with lots of questionsMonday September 22, 7:52 pm ET By Martin Crutsinger and Jeannine Aversa, AP Economics Writers
Biggest government bailout in history raises plenty of questions of how and how much
WASHINGTON (AP) -- It's the largest government bailout in U.S. history and two days after it was introduced to the Americans paying for it, the proposal is still largely a mystery.
Among the unanswered questions: How will the government mop up the bad mortgage debt on banks' books, who will run the process and how much will it cost?
Key elements of the plan remain in flux as behind closed doors Democrats demand modifications that would provide more help for ordinary Americans in return for bailing out the country's financial giants.
In the spare, three-page draft legislation that the Treasury provided lawmakers on Saturday, the administration's plan seemed straight forward enough.
The Treasury asked for $700 billion which it proposes to spend over the next two years to purchase what Treasury calls "troubled assets" from financial institutions including banks, thrifts, credit unions, broker-dealers and insurance companies.
The assets are defined as residential and commercial mortgages and any securities based on
"The cost to the government would be much larger if no action is taken and the financial system unravels further and takes the economy down with it," said Mark Zandi, chief economist for Moody's Economy.com.
