There is no such thing as a "BAILOUT"
September 30, 2010
– Comments (3)
This could be one of the most ridiculous headlines ever!!!!
Whitney: U.S. may face bailout for states
The U.S. "bailout" the states????????
The U.S. is running over a Trillion dollar deficit as it is.....the U.S. doesn't have any capacity to "bailout" anything.......
The U.S. is simply printing money and handing it to anything it pleases....Trillions to large Wall Street banks....companies that Warren Buffett invests....but not giving much to private businesses....especially since over half of America works for small businesses.
THESE ARE HANDOUTS.....NOT BAILOUTS!!!!!! You think the poor are getting handouts.....nothing even close to what Wall Street and Washington is getting.
When government has unlimited access to credit......GOVERNMENT HAS UNLIMITED POWER!!!!!!!...government doesn't need your tax receipts anymore....it can simply borrow whatever it needs....IT IS ALREADY BORROWING MORE THAN THE TOTAL ANNUAL TAX RECEIPTS.
It has the power to ARBITRARILY pick and choose what lives and dies.....what get's funded and what doesn't....who gets to own something and who doesn't........WITHOUT ANY DUE PROCESS OF LAW.
You get credit you live....you don't get credit you DIE....digitally invert economically.
Right now, since D.C. has unlimited access to credit.....D.C. is flourishing.....lobbyists making millions and politicians living lavish lifestyles simply because D.C. can borrow unlimited amounts of money and HAND IT to itself....yet the citizens fail?
Right now, much of the rest of the nation is decaying.....simply because it can't get access to credit to handout to itself.
Bailout the states???? With what? Washington can't even generate enough revenues to fund its current operations......but it doesn't stop the politicians and bankers from handing themselves billions.....while the rest of the nation continues to shut down.
Foreclosures Sales Reach 43% in California
Yakima Valley Memorial Hospital - 70 to 100
East Jefferson General Hospital LA - 50
Aerospace manufacturer ATK - Confirms 426 Layoffs
Palatin Technologies - 50% of Workforce
Intermap Technologies Corp. - 17% of workforce
RBS - 500
WARNING: THE ONLY PEOPLE TELLING YOU THERE IS A RECOVERY ARE THOSE GETTING HANDOUTS!!!!!!!!!.........and just wait until the people figure this out.......as more and more DIE
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