Bagmen Not Statesmen…”For this, the country will pay dearly.”

http://newsdoors.blogspot.com/2012/12/bagmen-not-statesmenfor-this-country.html

Bagmen Not Statesmen…”For this, the country will pay dearly.”

By Greg Hunter’s USAWatchdog.com

What has been going on in Washington, D.C., since the financial meltdown of 2008 has been a disaster for the country.  Taxpayers bailed out crooked, incompetent bankers while tens of millions lost their homes and jobs.  The bailouts have cost trillions of dollars, and they’re not finished.  The Federal Reserve has set a key interest rate to near zero percent until 2015, and it is printing $85 billion a month to prop up the banks and our own government.  The Fed calls this little operation “open-ended.”  No one has gone to jail for causing this enormous hardship on ordinary Americans, and not a word is spoken in the halls of Congress about stopping the bailouts or bringing criminals to justice.  This is immoral, disgusting, repugnant, nonexistent leadership.

This could have been handled in 2008 with the debt wiped clean.  We should have only protected depositors.  Bankers, bondholders and shareholders be damned—that’s capitalism.

http://newsdoors.blogspot.com/2012/12/bagmen-not-statesmenfor-this-country.html