Why does the government continually bail out the banks?
Several years ago I asked myself this question, and it was before i started researching the corruption in the banking system and the US government,
now I've realized so much more.
If somebody with no knowledge of potential conspiracies, common sense would tell us that we should put bailout money into the industries that are
going to create jobs and put Americans to work, such as:
The Auto Industry.
The Airline Industry.
Construction projects, ie: antiquated road systems.
Hospitals, Education (schools) etc
Instead, billions of dollars are given to something that has no true value or substance, they are simply imaginary numbers.
Weather or not the economy goes up or down, Entities such as Goldman Sachs will profit it from it. If the economy sinks, it will simply flip the bad
credit, and sell it to outsiders. Either way the banks are making money.
I found this clip, Re: Jesse Ventura investigating this scenario.
The whole program is interesting, but here's a clip of it.
The government is basically allowing these corporations to do this, and they are working hand in hand profiting from each other.
I believe both Republicans, and Democrats are equally involved.
The same guys that were in charge the U.S. economy, during the Bush administration, are the same ones now working under the Obama administration :
Is this happening to take control of the American citizens? To distract us from what's really going on, while were debt stricken and just trying to
survive? How is this happening? Why are the ultra rich getting richer, and everyone else poorer?
edit on 26-12-2010 by Mastermook because: (no
edit on 26-12-2010 by Mastermook because: spelling.