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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

The Dallas Federal Reserve Bank President, Former Treasury Secretary, Head of the Congressional Budget Office and Leading Economists All Slam Bailout

The following experts have slammed the bailout:

* The Dallas Federal Reserve Bank President (Richard Fisher) said the proposed bailout would plunge the U.S. government deeper into a fiscal abyss

* The former Secretary of the Treasury (Paul O'Neill) questions the bailout

* The director of the nonpartisan Congressional Budget Office (Peter R. Orszag) said the bailout could deepen the crisis

* Hundreds of leading economists, including numerous nobel prize winners, question the bailout

* Former White House economist (Steve Hanke) adamantly opposes the bailout

* Nobel prize economist and former chief economist of the World Bank (Joseph Stiglitz) opposes the bailout

Webmaster's Commentary: 

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Posted on Sep 26, 2008 at 11:45
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