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Comrade Bernanke Does it Again
By nationalizing nearly 80% of AIG for $85 billion, the Fed is doing a lot more than simply flushing taxpayer money down the toilet. The greater wrong is allowing the agency that has the power to print money to take control of a private enterprise, especially without the approval of the company's shareholders. The move represents the largest lurch toward socialism that this country has ever seen, and signals the end of the vibrancy of America's once vaunted free market economy. Since there is no limit to the amount of money the Fed can create, there is no limit to the number of assets they can acquire.



Click for torture scandal links
Dead because of a lie. Dead because selfish people in government wanted a war and lied to get one. How can you not be angry?



Comments
THE QUESTION
EasterlingThe question that MSM should be asking is WHO or WHOM does Ben Bernanke represent? And why are only certain entities benefitting from Bernanke's extorted taxpayer-debt gifts?