nationalization

Federal Reserve Bank Wants More Independence with Bailout Money

In an astounding display of arrogance the private banks making up the Federal Reserve Fund whose regulators and policies brought about the destruction of the US economy are demanding to stay unregulated to carry on as always.

Obama Makes Sure Race Takes Center Stage

In a disturbing video Robert Reich, the new Obama economic advisor, wants to set the economic recovery stimulus package as singling out white construction workers from receiving government aid and is pointed in making it understood that long term unemployed and single mothers will get it.

Why Government Bail Out Cannot Work

Another $600 Billion dollars floated into the currency bailouts this week and added to the $700 Billion earlier this fall brings the gross debt of the USA to around $1.5 trillion nearly tripling over the last 4 months. Why are Bush and the banks rapidly deepening the debt as they leave office backing investment banks with inflated fiat currencies?

Auto Industry Bailout Means More Job Cuts

In the last months over 50,000 jobs were lost in the auto industry yet the auto industry is still lobbying for big bucks with GM asking for over $25 Billion in money from taxpayers. GM will not be the last once the cards fall their way. The sad fact is the money would be used to cut jobs and close assembly lines.

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