pkscottx

Another Day Without Precedent

Quick everyone act surprized!

It took DECADES of corruption, greed, hubris, and stupidity to create this train wreck. Congress, the Fed, the Treasury, and the Financial institutions all colluded because there were such nice piles of sweaty money and every one got a cut. There is plenty of blame to go around.

One problem though, this whole corrupt ponzi scheme was built on the rediculouse assumption that you could build prosperity out of a MOUNTAIN of debt.
That mountain of debt was built on the backs of the American Consumer and the scheme is collapsing because he is TAPPED OUT.
The Bank that just raised your credit card interest rate to 30% needs more juice but nobody will loan it any money and nobody is stepping up to buy its toxic garbage assetts.
THE ONLY WAY it can get more juice is by CONFISCATING OUR FUTURE LABOR by force of law via TAXATION!
Remember "No taxation without representation!" Our forefathers fought a revolution against an Empire over this crap!

Anyone who tells you that this rip-off is for the good of the "average" American is a LIAR and a TOOL.

There is no "easy button" quick fix. Your savings, your retirement accounts, your equity, the value of a USD; POOF they are gone. They aren't coming back. This "plan" just puts you in a deeper hole and fits you for a yoke of slavery to corporate fascists.

Oh, and the same people who saw this comming say the "bail-out" won't work.

Now go back to sleep, because the government is here and they will take care of you.