Al-USA

The AIG Bailout: Why Was the Onus Placed on Taxpayers?

Regarding why USA taxpayers have to bail-out the part of the ruling class that got in over their "heads", well, that was the plan of the ruling class all along: to privatize profits and socialize losses onto the backs of every other class below them, but especially the working/middle classes.

You think that is conspiracy theory? No, it is better than theory, it is conspiracy FACT.

See article below:
"Banks Counted on Looting America’s Coffers"
tinyurl.com/bkezmt
or
www.nytimes.com/2009/0...



Nuh-huh:

"Second, the citizens of this country ultimately run this country - it's called a democracy - and for the last 8+ years we did a pretty crappy job of it.
"

The government is run by 17,000 lobbyists Nuh-huh; in the employ of the rich plue influential who also happen to run Americas major corporations. As such, if you think the people have more say than the 14,000 lobbyists, then you also believe the Bernanke/Paulson $700 billion bail-out was passed b/c of the wished of the people and you might also then even consider Venezuelan President Hugo Chavez to be capitalist in temporary disguise as a socialist...

Europe to the Rescue?

Indeed, we do not need any intermediary banks except to perpetuate the strangle-hold the elites of the elites have on the country. I don't remember who made this quote but it went something like this:

Give me control of the money creation structure of a nation, and I don't care who makes its laws.

This crisis has exposed the now not so "invisible hand" of the market...

I recommend the link below for a more thorough explanation of the questions, "where does money come from?".

video.google.com/video...