Saturday, September 20, 2008

Taxpayers get socked 1 trillion dollars

U.S. Govt. Soaks Taxpayers to Bail Out Wealthy Elite; $1 Trillion Rescue Fund Lands at Taxpayers' Feet

Published on 20-09-2008

Source: Natural News

"In its complete abandonment of free market principles, the U.S. government has banned all short selling of nearly 800 financial companies and set up a $1 trillion off-the-books "rescue" fund in an attempt to sweep financial losses under the rug while sending the bill to taxpayers. If you or I used the same accounting practices in our own businesses, we'd be arrested for serious white collar crimes, but the U.S. government respects no law and is now fully engaged in Enron-like accounting schemes to create the appearance of financial safety while it drives our nation deeper into unacknowledged financial disaster. ... Today, by shifting $1 trillion in debt to the taxpayers and suspending free market trading rules, the U.S. government has guaranteed its own financial demise."

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