By now you’ve probably heard the house of representatives has passed the bailout bill and the president had signed it. In spite of overwhelming public opposition, this law will add nearly a trillion dollars in deficit spending to the national budget and will allow unprecedented redistribution of wealth from the public coffers to private banking and businesses interests. All the while there is no guarantee it will prevent a recession.
Dear reader – make no mistake. A little bit of the American dream has just died today.
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