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Entries Tagged ‘American Capitalism’

This bailout manipulation must stop. More debt is not the solution to debt. Making everyone pay for the actions of fools.

“Hartford said it may be eligible for a capital purchase of between $1.1 billion and $3.4 billion under existing Treasury guidelines”
They spent $10 million on the S&L, they’re eligible for between 110X to 340X that 10 million. Everybody and their dog (American Express) are positioning themselves to steal a share of the taxpayer’s 750 [...]

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“A futile bailout as darkness falls on America” By Paul Craig Roberts

“America has become a pretty discouraging place. Americans, for the most part, will never know what happened to them, because they no longer have a free and responsible press.
The 20th century proves that the market is likely to know better than a central planning bureau. It was Soviet Communism that collapsed, not American capitalism. [...]

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