WHY This Time Is Really Different......an Udder World
When we bailed out the banks in 2008/09...we took a MASSIVE amount of WE THE PEOPLE's money, OVER $20 Trillion dollars, and bailed out a relative few. By doing that, we essentially made the majority of the population the economic slaves of the bailed out few (those holding financial assets).
The KEY: it was WE THE PEOPLE's money that bailed out the few, NOT private money. Never before has so much been given to so few.
By not bailing out the many, we can expect almost everything in America to go bankrupt...except those bailed out few....and the many will be the slaves of the few.
It Begins: Harrisburg Files For Bankruptcy Protection | ZeroHedge
FWIW...once people figure it out...they will be very angry....very very angry. Especially those that lost their homes while not bailed out to those foreclosing on them who were bailed out. Millions of families have lost everything while a few have prospered like few could ever dream...simply because they got a massive handout from government...with WE THE PEOPLE's money.
Americans have always been fundementally fair people....and have respected success based on the merits of one's production.
But when they figure that those that were supposed to be the guardians of Capitalism became the biggest welfare recipients in history, and the same screwed the people.....watch out, this could get hot, really really hot.
Americans don't like to get taken......and this time around, an unprecedented number have been taken by so few like no other time in America's history.....