no third solution

Blogging about liberty, anarchy, economics and politics

$7.4 Trillion

November 24th, 2008

Seriously, WTF?

One-half of the country’s productivity has been pledged to bailout various banks, companies, industries! Can things seriously be so fucked up, that it would require every single productive American to work for 6 full months in order to fix what’s been undone? Wow…

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  • rhyddid says on: November 24, 2008 at 3:23 pm

     

    “Whether it’s lending or spending, it’s tax dollars that are going out the window and we end up holding collateral we don’t know anything about,” said Congressman Scott Garrett, a New Jersey Republican who serves on the House Financial Services Committee. “The time has come that we consider what sort of limitations we should be placing on the Fed so that authority returns to elected officials as opposed to appointed ones.”

    Yeah, because it shouldn’t go to, oh, you know, the people who are paying for it or anything?

no third solution

Blogging about liberty, anarchy, economics and politics