Wednesday, April 22, 2009

Total Control

“Reform: Treasury Secretary [Tax cheat –RT] Tim Geithner's proposed sweeping reform of our nation's financial system puts the nation's banks, insurers and hedge funds under direct government control — where they least need to be.” He wants to take over TOTAL CONTROL of ALL business, whether or NOT they got “bailout money” (read, taxpayer money). “The irony of this, of course, was pointed out by political scientist Michael Barone, who notes the bank bailout plan unveiled by Geithner earlier this week actually relies heavily on mostly unregulated companies to bail out regulated ones. Now, Geithner wants control of even those unregulated companies, though they're guilty of nothing other than being successful.” To people like Geithner, being successful IS a “crime.” Even though the basic system he espouses DEPENDS upon successful businesses for the money they LOOT from others. (IBD editorials)

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