posted on Mar, 20 2009 @ 10:45 PM
Ron Paul is right on the money. The idea that any private business is "too big to fail" is asinine and the government has absolutely no business
picking and choosing who will die and who will live by appropriating moneys that are not theirs to give. The constitution is very clear on how tax
money can be appropriated and bailing out private companies is not one of these.
AIG was wrong to seek the funds and the government was wrong to appropriate them. Now, once AIG had the doe, why are we acting so surprised they used
it to pay employees? What did we think they were going to do with it? If they had contracts with these people involving bonuses, they had to pay or
be sued. What should have happened is that these companies including Fannie and Freddie should have been reorganized under chapter eleven.
By the way, all the bad loans which caused the housing collapse, all done under the guise of Barney Frank and company during the Clinton Admin and the
New York times even did a peace predicting this outcome some 10 years ago. Boy, did they hit the nail on the head!
Folks, this has all been orchestrated to allow the government to take power over all aspects of our lives. Whats next? The formation of the North
American Union of course.