Want To Know How The BAILOUT Scam Is Going To Effect You . . .

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	Want To Know How The BAILOUT Scam Is Going To Effect You . . .

gmentgen

10-13-2008 1:51 PM

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tags:

bailout

gmentgen says:

Amazing how a little "Play-Money" can effect everything.

Do you see the connection between the "Play-Money Auction" described relates to the "Play-Money" the Federal Reserve issues?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3f4d6478-5003-40cc-a5f7-b8d48f79d3f9/AA4C8AC3-EC92-44F0-A6DF-F98A8D7B2AF8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://mises.org/story/3144" href="http://mises.org/story/3144" style="font-size: 11px;">mises.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mises.org/story/3144"><H1>What We Learn From a Play-Money Auction</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mises.org/story/3144"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/mises.org/img/98BC5EAF-A17C-47A2-8B4D-5A3171998CEE" alt="Play Money Auction" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mises.org/story/3144"><P>If you want to get an idea of how this bailout bill is going to affect your family in the months and years to come, all you have to know is what took place at my nephew's party. My sister-in-law thought it would be fun to give away party prizes by having an auction with play money. I got to run the show. I had attended auctioneer school recently and needed the practice.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mises.org/story/3144"><P>My nephew's auction serves as a good example of what we now face. This same liquidity-infusion process has been going on for decades in our economy with the Federal Reserve providing new money to the banking and financial industries. With the passage of the <A href="http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf">Emergency Economic Stabilization Act of 2008</A>, however, the Fed is poised to accelerate this process at a rate not seen in our lifetime. Those who will be hurt the most, of course, will be those who do not receive the new money. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AA4C8AC3-EC92-44F0-A6DF-F98A8D7B2AF8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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