Our economy is being shredded to pieces. We are witnessing the arrival of another Great Depression. Thousands of jobs are being lost daily. Corruption, mismanagement and deceit are rampant in our financial markets. Our government is collaborating with white collar criminals and giving them trillions of dollars of our money to them.
$108 billion of our taxes is going to pay for the bonuses for these Wall Street firms.
How can any sane and reasonable person say things are getting better due this robbery by central bankers and political policy makers efforts? They are lying to you so you approve of this robbery.
Who in their right mind believes that these bailouts will help economic recovery? What kind of crack are they smoking?
Millions of Americans struggle every day working hard for a future – is this where we want to put our hard earned tax dollars? Bailing out corrupt and mismanaged companies? Our roads, bridges and schools are falling apart. Our cities have homeless people being arrested for being homeless, more and more Americans cannot afford to pay for health care – hospitals in this country charge an obscene amount of money for a night. One of my relatives cut her finger, went to the hospital got a few stitches and a bill for $13,000 dollars. Then we go back to work so we can bailout these corrupt bastards?
Here’s Naomi Klein on the crime of the century. Democrats, including Obama (who wants to gve $50 billion to US auto companies) are a part of this great robbery with their calls for more bailouts.
Of equally dubious legality are the equity deals Treasury has negotiated with many of the country’s banks. According to Congressman Barney Frank, one of the architects of the legislation that enables the deals, “Any use of these funds for any purpose other than lending — for bonuses, for severance pay, for dividends, for acquisitions of other institutions, etc. — is a violation of the act.” Yet this is exactly how the funds are being used.
Then there is the nearly $2 trillion the Federal Reserve has handed out in emergency loans. Incredibly, the Fed will not reveal which corporations have received these loans or what it has accepted as collateral. Bloomberg News believes that this secrecy violates the law and has filed a federal suit demanding full disclosure.
Please contact your Senators, Your Congressman, Obama, your friends and neighbors and tell them that this bailout is a crime and they should not be supporting it. If you care about America, do not let this robbery happen with your silent and tacit approval. It will only get worse as more bailouts are called for.