PoliticalChatter

The financial bailout has become exactly what many predicted; a feeding frenzy for CEO’s and large businesses. Corporations are flocking to
Washington D.C. to get their piece of the pie and those that have or not doing what they said.  

That’s right, banks are not using the money to loan out to consumers, they are hoarding and investing for one purpose; to purchase assets that will make them vital to the American economy and thus get the protection of the federal government. The bailout plan is not bailing out the consumer it is creating monopolies where small banks will be eaten by medium banks, which will be eaten by large banks. In the end, look for four to five banks to control the entire financial system. Does this sound familiar? It should because that is the oil industry and recent events have shown us what a few companies, controlling a critical economic can do; artificially inflate prices and send the economy in a recession.  

Now Barney Frank is crying about the usage of the money. Sure Barney, moan and groan about it, after all wasn’t it you that set up the entire stage? The quick answer is yes, yes you did.  

Now the automakers desire a bailout and America Express is looking for one. Where will it end? Who will stop it? The answer is nobody and the lesson being taught is first, act reckless and so long as a business can prove they are critical to the economy they are fine. Second, get big enough to become one of these companies where bankruptcy is seen as a national threat. Wonderful… 

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