Whenever a big banker gets into financial trouble, the Feds bail him out. IndyMac, Bear Stearns, Fannie Mae, Freddie Mac....who's next? In our neo- capitalist-vulture system, profits are private, and losses are public.
The goons on Wall Street got $400 billion in bailouts, so far. Where did this money come from? The Federal Reserve merely prints it up on the spot, basically. The Fed Reserve is a ATM for billionaires, only this unit never runs out- this madness lowers the value of the dollar, raising inflation.
The worker got a $300 stimulus check- a handful of bankers got a $400 plus billion stimulus check. This is corporate socialism- a tight interface between business and government, and the productive worker gets tossed onto the garbage heap.
Again: profits are private, and losses are public. You foot the bill for the bad management and systemic fraud- the debacle from the credit and housing crunch amounts to over 10 trillion dollars in losses
BigPharma is subsidized with your tax money- then they try to charge you a pile of dough for a pill that YOU paid for to be developed.
When are you Bozo's gonna stand up and demand a clean government?
The goons on Wall Street got $400 billion in bailouts, so far. Where did this money come from? The Federal Reserve merely prints it up on the spot, basically. The Fed Reserve is a ATM for billionaires, only this unit never runs out- this madness lowers the value of the dollar, raising inflation.
The worker got a $300 stimulus check- a handful of bankers got a $400 plus billion stimulus check. This is corporate socialism- a tight interface between business and government, and the productive worker gets tossed onto the garbage heap.
Again: profits are private, and losses are public. You foot the bill for the bad management and systemic fraud- the debacle from the credit and housing crunch amounts to over 10 trillion dollars in losses
BigPharma is subsidized with your tax money- then they try to charge you a pile of dough for a pill that YOU paid for to be developed.
When are you Bozo's gonna stand up and demand a clean government?
posted by Zero at 6:02 PM
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