The mother of all rip-offs
Submitted by jordie on Tue, 09/23/2008 - 20:42
As some of you know, I'm Australian (but a proud Ron Paul supporter). I was reading through some Australian news and found this commentary on the US bail out. Its a good read:
Link: http://business.smh.com.au/business/the-mother-of-all-ripoff...
The mother of all rip-offs
Hank Paulson has got to be kidding. He wants American taxpayers to hand a cool $US700 billion ($840 billion) to his pals on Wall Street in return for a gigantic bundle of their delinquent assets ... without his pals taking a pay cut.
Could there be a finer reward for failure? Could there be a worse deal for taxpayers?
Continues.... http://business.smh.com.au/business/the-mother-of-all-ripoff...
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We must stop this Bailout!
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Freedom, Prosperity and Peace