Indnj

Answers for David Cay Johnston on the Bailout Plan

Too bad neither article addresses the core question- the Federal Reserve and the Central Banks' role in creating the boom/bust economy by manipulation of the money supply. Inflate/deflate. The whole monetary system is a scam to rip off the wealth of the American people. Creating money as debt and using artificially low interest rates to expand credit caused the problem.

With or without the bail out are savings and pensions will be stolen by the inflation tax (debasing the currency). The Fed will get their pound of taxpayer flesh no matter what happens.

How about investigating the Plunge Protection Team and what role they play in market manipulation. How about the press demanding public access and real congressional oversight of the Fed. Where's the sunshine?

Abolishing the Fed is the solution.