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3-21-2009 4:06 PM
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enbar says:
According to Rolling Stone, the government measures surrounding the bailout amount not to a kind of creeping socialism, as critics on the right seem to claim, but more like a sweeping takeover of the government by so-called "financial bureaucrats" -- an in-group made up of the richest of the rich, who by now control all the money, the regulatory agencies, the Treasury and the Fed. Anyhow, it's definitely bad news.
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3-22-2009 12:41 AM
willhelm
Yes, it's kind of the same as I believe was accomplished during the creation of the Fed - giving bankers control over the economy and being accountable to no one while serving a governmental role. However, I see it as a ying-yang dance of government and business. It is why I have said over and over and over that the Bush administration is the fulfillment of the Wilson administration. Different names, same progressive elite.
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