Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.
The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. ... It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder.
Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! "This is welfare for the rich," he said. "This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters."
The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!
[From an article by Republican member of Congress Ron Paul, LewRockwell]