As was expected (and at the same time, woefully dreaded) the House went ahead and passed the big-boom-bailout last Friday. Against the wishes of the populace majority I might add. I think quite a few politicians may be facing eviction after this. And as also expected, it more or less exactly failed to sate the global market. At all. This morning (Mon. Oct. 6th,) the U.S. market has already plunged well below the 10K threshold. And global markets are facing relatively the same nosedive, even though the taxpayer train-robbery that is the bailout was passed.

Utter shock and amazement here folks.

What the House had essentially did to get it through, was to tack on an extra almost $150B in “earmarks” (there’s that word again,) to the already over inflated 400+ page, $700B bill to “BUY” the needed votes. Our (being the taxpayers that is,) money talks in a big way it seems, when it’s being spent by D.C. And thus begins the continued march of Socialism into the American free-ish market. Well, more like a continued onslaught or incursion, rather than their first foray engagement.

Read More HERE!

http://hoopyfrooddude.blogspot.com/2008/10/shareholders-take-on-bailout-eject.html

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