CORPORATE WELFARE: Federal Reserve once again screw taxpayers over to bail out AIG and other collapsing corporations
Ref: Proof Federal Reserve NEEDS to be abolished - Fed reams taxpayers by bailing out Bear Stearns
asking VAMPIRES to donate BLOOD
Greed is good (3:28)
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U.S. Government bails out the self-imploding insurance and investment corporation AIG by lavishing it with $85 billion -- with a B -- on loan from Federal Reserve.
Abusing our treasure at the expense of taxpayers up to our future great-grandchildren as perpetual slaves of the world's largest debtor nation, U.S. Government and Federal Reserve do not represent America's interest.
Let the corporations fail because it's the law of economics dependent on the nature and circumstance of how and why such failure occur.
Yet, it is the U.S. government that continue to plunder our pockets empty to bail out the large corporations. This is called corporate welfare at its most base.
U.S. government cannot help some poor middle-class homeowners who struggle with fluctuating job market thanks to unfettered outsourcing and idiotic finance-economic decisions by the corrupt & ignorant White House, smugly incompetent Fed officers and unadulterated greed & short-sighted stupidity of Wall Street spectaculors. Take my parents for example, who held a respectable small business only to fold because of debt incurred by lack of customer interest owing to recession in negligently bad American economy.
Whose side do U.S. government side with? Corporation. They stick us ordinary citizens with unfathomable tax bills in form of endless taxes like IRS, property, sales and government licenses.
It's the rape of the average taxpayers, plain and simple.
Let the fucking corporations fold. Didn't we listen to Adam Smith on economic law? It's pure socialism for the corporate culture and it hurts America even more while China gets the upper hand in consolidating its massive surplus in trading with the dying, comatose USA whose citizens go to Wal-Mart to buy imported Chinese shit to keep the bullshit "me, me, me" optimism going while everything sinks to oblivion.
As Ron Paul reiterates again and again: abolish Federal Reserve for abusing our national credit and credibility!
Jim Rogers on CNBC: Socialism for the Rich (9 min)
Here we have a FOR-PROFIT company that calls itself an "insurance firm" because supposedly it insures against risk.
Yet here it is asking for (and getting!!!) an $85 BILLION handout to prop it up because it can't take the fall out from the risk it supposedly was insuring against!!!
WTF???
And Americans are putting up with this shit???
Americans pay through the nose day and night to all these goddamn MF for-profit "insurance companies" and now we have to bail their asses out???
I feel like my head is about to explode. I can't wrap my mind around this.
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"Money" has no value - people do.
If there are 300 million people in the United States, and the Fed has given Maurice Greenberg's AIG $85 billion, that's $283.33 each that the U.S. citizen has been fleeced. More than enough to have you all quite pissed off, I imagine.
Considering most are in debt today. Greenberg, another crypto again! Cryptos bailing out cryptos using Goy money and blood.
Here is a link to the NYT AIG article that won't hassle readers with that annoying pop-up:
http://www.nytimes.com/2008/09/17/business/17insure.html