that you as a taxpayer will prop up to the tune of 85 billion dollars in terms of a Government loan whose return you may never see. That’s ok because the U.S. government’s debt is currently only around 9.6 Trillion Dollars and next year’s deficit projected to be only about 500 Billion Dollars. Your Socialist Government is hard at work to protect the bonus payments of insurance executives and the transfer of the wealth of this country from you, the taxpayer, to those that openly despise paying any tax at all, corporations and their shareholders. It’s a riot to hear some of my “conservative” friends talk about how they despise socialism and are all in favor of fiscally conservative mostly Republican political candidates when it is precisely those people that openly squander this country’s resources and wealth. Make no mistake, the U.S. is one of the most socialist country on this earth. No other country I know has a government that underwrites a 85 Billion Dollar loan guaranteed by taxpayer (your) money, in an overnight, closed-door sessions without any public discussion whatsoever. This will not happen is socialist Europe…only in America, and only if the person in dire straights is a Cooperation. It’s called cooperate socialism and the U.S. is it’s champion.
Best of all, the very people that made this situation possible in the first place (Republicans AND Democrats) are now out in your face, telling you that they will now tighten government oversight and protect your life savings…It’s simply beyond funny. They must think that you, dear voter, are mentally handicapped and unable to comprehend what is going on. They may be right.
Additional background info to be found in this excellent piece by Robert Scheer. Enjoy.








Greg Laden's Blog responded on 17 Sep 2008 at 11:49 am #
This is what Republicans look like…
If you are a Republican and you don’t think you look like this, think again. Hat tip Joe……
JJG Journal » Bailout! responded on 19 Sep 2008 at 12:48 pm #
[...] interview with Robert Scheer. Mr. Scheer lays out the basis for the current problems and corrects my earlier post in which I mistakenly call the current U.S. policies “corporate socialism”. A [...]