Bailout timing
Once again, the so-called "failed" policies of President Bush have worked quite well for the people who installed him in the White House. Bush's $700 billion dollar Wall Street bailout is yet another of his manufactured crises which, like the endless financial black hole of the War on Terror, is a deliberate transfer of middle class wealth to super-rich globalists whose only allegiance is to profit.
To comment on this letter, click on "Comments" below
This panic has been perfectly timed, as well, right before the fall election recess when Congress will be pressured into a hasty decision with no time to negotiate any substantive changes or to determine whether a bailout is even necessary. And we're being told that this bailout will be paid for by our tax dollars but, with a national debt at $4 trillion and growing, it will end up being paid for with our pensions and social security benefits.
If these bailouts are allowed to continue without protections for the American people, millions who think a comfortable retirement awaits them will spend their golden years eating out of Morgan Stanley's dumpster. Tell Congress to slow down and think about what it's doing for a change.
Regan Straley
York
Leave a comment