Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

Thursday, August 13, 2009

America's Best and Brightest

The point here, is that no matter how "smart" or "qualified" the people in place are, large sums of taxpayer money can simply disappear from oversight. Not to mention, Goldman Sachs has reported record profits. On this day, retail sales have been reported to drop again, and unemployment has gone up yet again.

Remember when we were told that if we did not bail out these giant financial institutions, then the whole world would fall apart? (this was the most concrete argument I heard during that whole time period) Well, normal people are still getting screwed, the stimulus isn't working, and the bailout worked great -- for the financial industry and banking cartel that is at the inpenetrable center of our governmental power.

And yet powerful Democrats still block Ron Paul's bill to allow Congress to audit the Federal Reserve? And Ben Bernanke's claims that he wants to expand the powers of the Fed are met with serious consideration?

It's time to start a new political party based on private people not government power. These Capitalist bankers have done such a horrible job with our country, that now people are seriously considering a Socialist alternative. We have been lied to that these are our only choices.