It Was Never Going to Happen Any Way.

Rich getting richer and then it fails, with us holding the bag. Congress should stand up and INSIST ... but they will not.


Ben Bernanke RefusesTransparency

Fed refuses to identify to congress who received 2 trillion dollars. This is beside the 350 Billion and the 750 Billion in TARP funds. How low do you go?

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The Supreme Court stated this:

"To lay, with one hand, the power of the government on the property of the citizen, and with the other to bestow it upon favored individuals to aid private enterprises and build up private fortunes, is none the less robbery because it is done under the form of law and is called taxation. This is not legislation. It is a decree under legislative forms." — Citizen's Savings & Loan Assn v. Topeka, 20 Wall (87 US) 655, 664 (1874)


“A wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor and bread it has earned. This is the sum of good government.” — Thomas Jefferson, First Inaugural Address; March 4, 1801



Josie06 Josie06
56-60, F
1 Response Mar 4, 2009

Yep it's a pain when the bankers get rewarded from the public purse for screwing up the system. Fred Goodwin who basically destroyed the UK banking system and left the tax payer a $500 billion debt retired aged 50 with a $1 million a year pension. Having said all that not nationalising the banks might have been worse.