keith froemming's Blog
About the Author
KIEE1@CHARTER.NET LIFELONG D.F.L.ER MINNESOTA

For all conserviveitives and liberals , what is a letdown a meltdown in our economy . A new president elect ,A new treasury securtary, Old president, new President, No change. I voted for change it seems that all hope has gone . How can we support an easy bailout for citI bank, But we also assume 300 billion in bad loans. Is this banks valueis it even 300 billion? I am not an economist I do doubt it. So why more money at risk than bank is worth. Heck I don’t know? Who is our president bush our Paulson? Know Obama caving in. what is left A day of national strike and I mean you .All workers we need to chose a date strike for our brothers. The UAW we all receive the benefits they fought for us to receive .Our Government Whoever they are now. CitI gets blank check still 40 million of our tax dollars to name new mets baseball stadium. A bunch of garbage. We can’t save some 9 million jobs. No dealerships no warranties. But thank god shea stadium will be named. This is a simple save the rich screw the working man. BS we need to Stand up 20% of us are rich 80 % working or retired , Stand up get the tar and feathers ready . We have an Obama a bush a senate and house. And governors let us run them out if they have chosen to mislead us, How stupid have we become. Gas is cheap 10 million in dc we run them out of. OUR US constitution states we have the right. when the government no longer represents us we have the right to change it!!!!!!!!!!!
we the party majority opposed this plan but yet our own party passed it why would the arogance of the dems. ever let this hppen our party owes nothing to the new york washington elite i am from a state of farmers laborers comman people we pay our bills we dont take out stupid loans but yet the dems seem to need to bail out wallstreet big banks who made big mistakes know i owe another 10 grand how are we ever coing to pay this off there is no plan lets cut taxes again run it higher who in the us who ha whas a p.h.d in economics will tell use watching msnbc i wound the person with the p.h.d. they made fun of his comments its no joke to me the debt will come due and now the dems a part of the problum since reagon we have followed the path to economic colapse tonit unless the house saves us its done we can not pay our debt no way belive me tomarrows great fortunes will be made if the house passes the bill greater fortunes maybe a evise profit tax next week to recover our investment i say once again without regulations laws we the taxpayer will support th top 10 persent of wealth and the rich think thay have the god given right to deide how the money will trickle down it has to trickle up we are democrates i am a leftest socialist money is best spent by the people not thewealthy the rich care nothing about us they look to hide there wealth not pay taxes the money leaving this courty in the next week will be incredable the dollar will fall the markets will raly for a short time the wealthy will take advantange pull there money out leaving us with the bill again after reagans savings and loan desaster why would you think anything will be different tonite i weep for the people but with a population witch is become so ignorent what else can i do keith froemming
to all democrats call email however contact your senator we have a huge change reagonomics the deregulations passed under reagon how can we bail out wallstreet banks stocks in the close races the gopers will vote against it will give them a issue to run on Ithink to bail out gop mistakes this is our chance to put regulations on banking stock market subprime hopeless loans the banks bet on the housing market they lost we will have to pay i buy a lottery ticket lose should the taxpayer pay for it there are soild banks i live in minnesota our banks are solid wells fargo us bank corp ing direct there stock is up they need no bailout our stocks are solid i invest in minnesota if the east coast needs to bail out banks let the east coast senators vote for it on both sides but i fear we in minnesota will lose a close race due to this i ask all senators to vote no let the gop support this yhis is a gop problum they blew it they cant fix it give it to us the dems we need cea salery caps poulson should return money in fact added to bill all ceos of bamks that overloaned companies that went under why on earth should the dems bail them out how many ceos are democrates few how many would put there bonas salery back into there companys 0 we cant make taxpayers eat this isent scary to have palin on ticket a gop canidate who might not live through the term we all know what happened with the last 2 years of reagon his brain damage was so bad the crazies took over we need obama elected we need in mn. frankin elected so once again dem senators dont fall for it we have nothing to gain a trillion wont bail us out only a new congress senate president all democrates aloow yhe new majority witch is coming lets not bail anyone out to we have power remember F.D.R.
I belive this economic crisis can be turnrd around but not with blank checks to the greedy who got us to this point do not listen to the GOP threats my checks are good. I had no problem borrowing money today in fact Chase upped my credit line. There are things we need to do to stabilize. 1.Tthe Fed needs to buy bad morgages they should offer 50 cents on the dollar this would slow the trend. 2. All morgages bought by the Fed the home would need to be torn down then the land to be put in recievership for 5 years so no new buldings use the lots as green areas garden clubs apartment dewlers could reserve a garden but unflood the market of houses. This in return will raise home values people would no longer owe more then the homes value. This could create jobs instead of building homes they could dismantle them. There also would have to be a great slow down on new construction making it hard to overbuild for 5 years. 3. We should encourage renovation of new construction in a radius of 15 miles from where people work these morgages. This would allow new construction in the big cities and no demolition in some areas so people are encouraged to move back to the cities save energy cut spending on new roads.4. The people who have lost thier homes will not get them back. I propose a tax on these former homeowner of a reasonabe amount to recoup losses with laws attached much like if you owe the IRS no bankrupcy. I think a charge of fifty to a hundred dollars would be fair. Next call in our WW1, WW2,and Korean War debt. This should raise billions after some 90 years and 60 years but with interest. I belive Britain alone still owes us around 50 billion. The only Nation ever to pay us back was Albania. 5. USA T bills dollars should be discounted to pay off our debt offshore accounts billion hidden away stolden from us nd sieze foriegn accounts. I despise the Patriot Act! But for this we can use it than abolish it. I do belive there is at least 50 billion in looted cash in the Cayman Islands. If the Cayman Island banks don't return it we dicount their stock in our National debt and the Cayman Island banks would have to sieze the assets of the criminals to cover the short fall. If Bush thinks a blank check for Paulson should not even be thought of is insane. Was not Paulson, CEO oo I can't remember which bank or Wallsreet bailout company 500 million bonus for bankrupting the company has he offered any of his personal fortune for bail outs? In fact I have not seen a CEO offering to take a paycut to forgo bonus, buy stock in their own company. If some of the ideas I share with you would be introduced in the House I frimly believe the banks and stocks would correct themselves. I don't think it would show the richest 5 percent of Americans that if they are not willing to help. Then why should you or I.Thank you! Keith Froemming D.F.L. forever!
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