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Category Archive for 'Bailout'



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Apparently, even under a forward looking, honest, able and liberal president, the forces of government are such that the public — like sheep meeting the shears — is being fleeced again.
The average citizen is terrified about the future and does not fully comprehend the implications of all of the bailout money - trillions of dollars [...]

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The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years [...]

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A couple of years ago, when Peter Schiff first began appearing regularly on TV to warn of an impending real estate collapse that would crash the U.S. economy and stock market, he was surprised and disappointed to find that he was rarely, if ever, approached by strangers in restaurants.
“I’d walk down the streets of New [...]

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