Bailout Package = Socialism for the Rich
source: http://current.com/items/89336957_ron_paul_doesn_t_lie_to_the_public
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- resolute
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"The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! 'This is welfare for the rich,' he said. 'This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.'"
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resolute
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Can anyone find out if any of the businesses needing to borrow money (and can't because of our current economic crisis) to stay afloat happen to be involved in the Iraq war? Wouldn't it be interesting if the reason we have to do this now is because it would automatically halt the war if we didn't. If this bailout was tied to the war in Iraq, it would make more sense why Bush is pushing for it. The news tonight said Caterpillar needs to borrow money to stay in business. Aren't they one of our war contractors?
- 3 years ago
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resolute
