Wednesday, June 27, 2012

Helicopter Ben and Tiny Tim betray their true allegiance

Capitol Hill sources have confirmed that Treasury Secretary Timothy Geithner and Federal Reserve Board Chairman Ben Bernanke are demanding that Congress prepare emergency legislation for yet another hyperinflationary bailout of the hopelessly bankrupt trans-Atlantic financial system. For the past week, the two men have been meeting secretly with leading Congressional Democrats and Republicans, demanding that they draft new legislation to bail out the banks on an even larger scale than after the 2008 collapse.
from Geithner and Bernanke Demand New Mega-Bailout of Europe

So much for the transparency that Obama promised.  Why are these crucial meetings taking place in secret? Why don't they show us where the previous bailouts went? Can't the "free market" stand a little competition, or even the light of day?  If they succeed, they will unleash the wave of hyper-inflation about which Donald Trump recently warned. 

Besides, these "bailouts" obviously aren't improving the economy.  In fact, they're intended to DESTROY the economy, and they have been doing so. Their proponents simply wait until we forget about the previous bailout before demanding another, so that they can pretend it's the first one. Or, they claim that the previous bailout failed because it wasn't big enough to do the trick, but that the one they're pushing now will do the trick. That's what's known as "behavioral economics" i.e. manipulating us off the edge of an economic cliff.