Has the mainstream media been reporting honestly about the "maximum" for the Wall

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Ruby

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Street bailout?

Or are they glossing over it or leaving it out? I don't support MSM so wish to know.

This is what I am interested to know: The so-called $700B is a ruse so it matters not whether it is $100, $1Mil or $7Bil. Note the wording of section 6 "Maximum Amount of Authorized Purchases":

"... The Secretary’s authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding AT ANY ONE TIME."

Note the words "at any one time".

They could easily keep the amount OUTSTANDING below the "limit" yet spend far beyond the $7 Billion. There is effectively no ceiling according to the wording of the proposed legislation. They will buy toxic assets at full price, then sell them at fire sale prices thereby freeing up "outstanding amount" to buy more toxic assets ... and the cycle could go on and on until the legislation expires by time limit (or the country goes bankrupt, whichever first occurs).

Is the media explaining this to the people, or is it leading people to believe the $7 Billion is a ceiling?

Also, is the media reporting about the wording that increases the maximum statutory public debt to $11.3 trillion, or is that being glossed over and under-reported.

If you have observed any mainstream media explain these matters thoroughly enough to educate people, I would be very interested to know which MSM outlets.

Thanks in advance.
 
The CFR media is in bed with our CFR politicians and the CFR special interest who are looking for the bail out. If we had in independent media (independent of the Council on Foreign Relations), they would be blowing the whistle on this criminal attempt to fleece the public.

This is one more indication of the collusion that exists between the politicians, the media, and the special interests. This collusion is facilitated through the Council on Foreign Relations.
 
take a look at the seceraty of treasure henry paulson was once a ceo of goldman sachs,and this deal will cause the stocks to rise making his friends in the firm as well as his stock jump,and that if it all falls his old buddies will leave with multi million dollar exit plans and move to another country
 
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