Sep 20, 2008

Crybaby Capitalism



U.S. Wage Earners now liable for:
$5.3 Trillion - Fannie Mae / Freddie Mac
$85 Billion - AIG
$800 Billion - Generic High Risk loan guarantee (a fantasticly low figure)

This bailout of the mega rich will first show itself by higher Interest Rates demanded by our foreign financiers. This higher interest rates will further squeeze the governments ability to provide the already pitiful social safety net it provides.

Funny how the bankers rammed through bankruptcy reform a few years ago and then cry like infant babies when their investments go sour and come running to the government when they are in need.

Someday the american sheeple will wake up to the amazing graft that has taken place these last two weeks, but of course it will be too late by then and the financing scums already have scurried off to a new country / economy.

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