pkscottx

No Bailout? Heaven Help Us

It won't work.

This train wreck is a classic PONZI scheme created by financial "engineers" who believe the absurd notion that you can create a prosperous economy out of a mountain of debt.

It only works as long as new debt is being created.

This mountain of debt is built on the back of the American consumer and we are TAPPED OUT.

The "bail out" is an end game ploy to force us to create new debt and confiscate our future earnings using the force of law as taxes.

The banks get the money right now and the taxpayer gets a deeper hole and an intergenerational transfer of wealth.

Do you see the FLAW?

This is a Ponzi scheme. I doesn't matter how much you pour into it, unless your resources are infinite it will inevitably fail.