Thursday, October 9, 2008

The Fed is Buying up Banks

What did I tell you? The Federal Reserve is now buying up banks that their regulators are saying are not doing well. What a SCAM!

The US Government regulates the banks
The US Government decides when a bank is OK
The US Government via the Treasury buys up these banks
The US Government is now taking private property
The US Government is socialist (See definition of socialism (http://en.wikipedia.org/wiki/Socialism) on Wikipedia)

Definition (courtesy of Wikipedia):

Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and the creation of an egalitarian society.

I put the definition here, but DYH and read the entire article on socialism by following the above link. It is necessary for your own safety and education since you will soon be living in a socialist country after Jan 20, 2008 when BHO and his Democratic, hell socialistic, Congress take complete control of the US Government.

No comments: