11.23.2008

Who Will Bailout the Government?

I have been musing over the fighting, and whoopla now seen in the media over the Auto bailout. It was easy for Washington to decide to throw $700 billion {actually more like $850 billion} to the wind, but now we're fighting over a measly $25 billion. Something to consider is that Washington {politicians} want to see a "business plan" for success from the automakers. There are two things here that are funny or just downright stupid. First, why should we believe the Politicians will know what a "successful" business plan is. Remember these guys can't even run our government, and why should I trust them to know what a "successful" business plan is? Second, they didn't ask the banks for a business plan to ensure that the banks are set to be "successful" in the future. So why are they descriminating against the auto makers? My theory is that we all know the banking cartel in this country, headed by the Federal Reserve, is broken. The Fed knows this and they continually lie to Washington. The only plan to get the banking industry back on track is to abolish the Federal Reserve and return to the gold standard. So of course, Washington didn't want to open that can of worms. It's just comical to see the stupidity of the media and Washington. It's the blind leading the blind!

Yours in Liberty,
Nathan

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