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Financial Crisis. Panic. Bailout. The current crisis appeared to materialize out of nowhere. Even regulators and financial authorities would have us believe that they were taken entirely by surprise. Dire headlines demanded quick action to prevent the collapse of the financial system. Politicians told us that we have to bail out Wall Street to keep Main Street afloat. As many of us lose our savings, our jobs and our homes, they tell us that we have to swallow hard and make sacrifices for the good of the country. The same political class tries to convince everyday Americans that the reasons for the bailout are too complicated for us to understand, so we must leave the solutions to the financial experts . . . the same ones that didn�t see this coming. At the same time, they give our hard-earned money to Wall Street fat cats, without any strings attached, turning a deaf ear to our intense and vocal opposition. They saddle us and our children with an alarming debt burden as they expect us to passively allow the greatest transfer of wealth in American history. |
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