“The time has come that we consider what sort of limitations we should be placing on the Fed so that authority returns to elected officials as opposed to appointed ones.” “Whether it’s lending or spending, it’s tax dollars that are going out the window and we end up holding collateral we don’t know anything about..."
"The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago. "
"The unprecedentedpledge of funds includes $2.8 trillion already tapped by financial institutions in the biggest response to an economic emergency since the New Deal of the 1930s, according to data compiled by Bloomberg."
This is how taxpayers and future generations (OUR CHILDREN) become financial slaves to this country's financial debt and reckless spending habits. Americans are being financially raped and this is not by mistake - prepare for this country to hit rock bottom.
Educate yourself and join Ron Paul's Campaign for Liberty now!
Bloomerg Full Article - Fed Pledges Exceed $7.4 Trillion to Ease Frozen Company Credit
Update: Citigroup bailout inked yet leaves top executives in place
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Did you know that Billions of our tax dollars are actively being used to wipe out families?
“The federal incentives drive the system. The more divorces, and the higher the child-support guidelines are set and enforced (no matter how unreasonable), the more money the state bureaucracy collects from the feds. Follow the money. The less time that non-custodial parents (usually fathers) are permitted to be with their children, the more child support they must pay into the state fund, and the higher the federal bonus to the states for collecting the money. "- Phyllis Schlafly - Eagle Forum
More on Title IV-D and Corruption
Learn about the Bradley Amendment and why it is unconstitutional.
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