WE THE PEOPLE bailed out the Wealthy
The total bailout of Wall Street and the banks, if you factor loan guarantees and other off balance sheet items, exceeded $20 TRILLION dollars.
The vast majority of that amount of money benefitted the top 10% of the population(about $1 million dollars for each man, women and child)......that money belonged to 100% percent of the people.....WE THE PEOPLE.
America and the World is about the find out the following:
Charity is when you bail out the poor....as they remain poor and still consume a disproportionately low percentage of society's goods and services.
Tyranny is when you bail out the rich as the consume a disproportionately high amount of society's goods and services BY USING THE BAILOUT FROM SOCIETY.
It was only a matter of time before society figured this out, I have only been blogging about it for a few years.......and soon the "rich" will too........as the poor are getting louder and louder around the world.