Washington Mutual is telling people they are not participating in the government bailout?
November 10, 2008

Washington Mutual, the failed financial institution bought by Chase, is telling troubled homeowners that they, “are not participating in the government bailout, not reducing mortgage debt, not writing down any mortgages.”

So all the loyal taxpayers out there can rest assured that Chase took the government billions and will not be helping any of the WaMu homeowners who want to remain in there home and try to pay the market price for there home.

What the f#%* ?

So if you owe $850,00 on a home that is now worth $400,000 you will not get any relief whether it is because  of a bad loan, or predatory loan, or a tumbling real estate market. Washington Mutual and Chase would have the home go to foreclosure and sell for 200,000 instead of re-writing the mortgage at the proper appraised value.


Paulson worked for President Nixon so did Cheney
September 23, 2008

Treasury Secretary Henry Paulson worked for President Nixon. Dick Cheney worked for President Nixon.

Treasurer Paulson is asking for autonomy in has provided a 3 page plan to spend up to 1 trillion of our tax dollars with no accountability.

3 page plan, in your face autonomy, ties to Nixon, errr, Cheney, not sure about you but this sounds like the ingredients of another disaster.

Any bailout plan involving public funds should have accountability, oversight and ownership equity for the public. Country first anyone?