The tactic has always been to scare the people when the Powers-That-Be want more control over the people and economy. In reality, control of the economy is control over the people. It is called socialism...
We see no change in the course government is on as a result of this election. The major candidates all talk about the CEOs making a lot of money but never the fact that the economy is coming under more centralized control, consolidation of wealth under fewer companies and personages — all using our money...
What the President and the Congress are doing is converting the American free enterprise system into socialism...
The free enterprise system must be free to work. Good decisions are rewarded with gain. Bad decisions are rewarded with loss. All do not pay for the mistakes of the few, no matter what the ripples.
Institutions that fail should be allowed to fail.
If a private person or company makes a wrong decision, a few suffer. If government does it, all suffer.
There is only one way out of this mess, and that is to allow the bad to go bankrupt; if fraud is involved, prosecute those responsible; abolish the Federal Reserve; and return to real money: gold.
The combination of more borrowing (even from China!) and allowing the Fed to print paper with different numbers on it, backed only by “faith,” is what got us into this mess to begin with.
House Rejects Bailout — For Now
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Abolish the Federal Reserve Now – Sign & Promote the Petition
Many investors and concerned citizens around the world are showing their outrage at what the Federal Reserve has done to the American economy with their easy money policies which caused the credit & real estate bubble and subsequent global financial meltdown.
Join the thousands who are signing & commenting on the Abolish the Federal Reserve Petition at http://www.petitiononline.com/fed/petition.html
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