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FAQ - CMS-1763

What is the purpose of CMS-1763?
CMS-1763 was introduced on May 9, 2007 (with a deadline for publication on May 18, 2007, that passed). This is, of course, the exact time of the largest “TARP” (Troubled Asset Relief Program) and the 700 billion in total funding. The reason for this is obvious — the Bush administration's “stimulus” bill. CMS-1763 has been introduced in a time of high tension between the Democrats and Republicans, in an effort to get more money to the U.S. Treasury so that it can “keep the money coming,” thus preventing inflation and government deficit spending. The reason behind the need for CMS-1763 is well known to everyone — the largest bailouts in history. The largest bailouts in history are a direct result of Obama and the U.S. government's failure to understand real economic consequences of these taxpayer-funded bailouts. The government's claim of the 700 billion “stimulus” (which includes a 500 billion Tarps for banks, and a 700 billion bailout of Fannie Mae and Freddie Mac) was a lie, and the “investment” in mortgages was a big lie. This has led to a new bubble that has created tens of millions of new jobs and new wealth for a few at the expense of the many, and the middle class. CMS-1763 is the bill, that Obama continues to push, that the rest of the world is beginning to question. The reason for this is not that Obama is not a democrat, but rather that he has not been listening to the public during this administration. The reason for this is well known to everyone — the largest bailouts in history. The biggest liar in Washington is Barack Obama. As stated in the recent report “Is Washington Back to the Bailout Bush?”, Obama has not taken adequate steps to bring to justice those who orchestrated the financial crash of 2008. We have been told the U.S. national debt is approaching 20 trillion dollars but in this report we show the debt actually stands at 16.8 trillion. Yet, Obama continues to use the TARP process to bail out “banks, hedge funds and corporations” using the money of “the rest of us.” As shown in the report “The 700,000,000,000 'Bailout' for Wall Street”, many of these “banks, hedge funds and corporations” have had substantial foreclosures in recent years.
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