Saturday, October 04, 2008

You Broke It, You Bought It

While the mainstream media tells America the (fat-cat banker) bailout is needed to protect jobs and bank accounts, there are Americans that understand a bailout can't fix the problem. The problem will be fixed when asset prices move toward more reasonable levels, not by giving fat-cat bankers a few more meal tickets.




"Keep the panic pressure on."



"Here is the latest reality game. Let's play Wall Street bailout." "Privatize gains. Socialize losses."



"The Federal Reserve is not smart enough. Treasury is not smart enough. Congress is not smart enough."
"The real question is, 'Where does it [the money for bailout] come from?"
"There is no authority in the Constitution to make money and credit out of thin air."

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