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. 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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