The Washington Consensus: Bailout The Rich
See Also: What benefits do the taxpayers get out of the bailout bill?, No investigation of those who caused fake ‘crisis’, 7 Out Of 9 Banks Agree: Bailout Is A Failout, AIG Execs Caught Wasting Even More Of Our Money After Bailout, JPMorgan Responsible for the Destruction of U.S. Financial System, Bailout my ass!, Even After the Bailout, Bank Stocks are a Bad Deal for Investors Right Now, A Chicken Bailout in Every Pot, Hank Paulson’s Desperate Measures to Save His Friends on Wall Street, Spread The Wealth, and Help voters understand what just happened.
[tags]federal bailout, 700 billion, financial collapse, financial industry, banks, banking industry, corruption, goldman sachs, barack obama, wall street, executives, john mccain, republicans and democrats, single party, capitalism, the washington consensus, bailout the rich[/tags]
It’s not about rich vs poor. Only a small minority of politically-connected businesses will benefit from the bailout.
It’s about political versus economic power.
Economic power means the freedom to engage in mutually-beneficial exchanges. Political power is the power to seize values from others by force.
Have you read ‘The Creature From Jekyll Island’ by chance? This book will open your eyes…
Barack Obama Turns His Back On Change And Embraces Bush…
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[…] companies receiving government bailouts to hand out large bonuses to their executives, staffed his entire Treasury Department with Goldman Sachs alumni, has refused to prosecute Americans who committed torture, and held private meetings with coal […]
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