If you don't know ( or haven't heard ) already, the insurance giant AIG has been bailed out by who? The Fed ( aka the American Taxpayer )
what a surprise I know. I never knew we were flourishing in wealth to just take tabs on companies on the verge of bankruptcy.
I looked over at my iphone for some world news, you know, to find out how this whole fiasco of a war that people just happened to forget about, is going. I come across this story and I think " Maybe the federal reserve bank is purposely bailing out these financial institutions while the American Taxpayer stays complacent and believing that it's the economy and the Republican Party at fault and not the Fed at all, to have people get into such a depression that the next president could implement the long awaited currency, The Amero.
Think about it for a moment, 2 years ago you would have laughed and said " you're crazy! Combining Canada, Mexico, & The U.S. into 1 currency doesn't benefit or make sense at all! "
We are becoming ( if not already ) Canada's mexico. People are working 3 jobs just to stay in the middle income bracket and NEITHER candidate is offering a " Real Solution " but more government intervention with programs and bailouts for homeowners and so forth. IT WAS THE GOVERNMENT INVOLVEMENT IN THE MARKET THAT CAUSED ALL THESE PROBLEMS IN THE FIRST PLACE!
* Sorry for the outburst but I'm getting sick of this, all we can do is focus on the 2 MSM Clowns talking about AD's and Lipstick on a Pig bullsh*t while the country's credit gets ruined, people are working harder for less, and think anyone is really going to help. *
Both Obama & McCain were for the bailout of Fannie Mae & Freddie Mac, and these people are looking for the American People's interest?
If you don't get what I mean, understand this:
These bailouts benefit wall street and CEO's more so than anyone else, it places the bill on the taxpayers which causes the prices to rise to pay back all these debts we have. Oil is high now? Food you say? Just wait.
My suggestion is to let all these institutions run their course, let them collapse, let the prices of homes collapse as well and let it fix itself, as the history of the free market has proven to show.
Sure we'll hurt for awhile but the hurt that we will feel down the line from all these bailouts will be far more greater than any single collapse of an institution could cause to an individual.
Like I said previously, this disgusting, socialistic for the rich, pattern that is going on is going to ruin this country to the point of no return and unless people get mad, and I mean REALLY MAD things will continue on this path to a catastrophic future.
Here is a video of Peter Schiff on the economy and market and the direction it's heading. Pay attention to Glen Beck at 2:45 when saying the companies will control the people, look up the definition of Fascism.