This is a follow-up to my last posting about the greedy rich fleecing the citizens of the good ol' USA.
Perhaps you haven't heard the recent news; During the financial crisis of the last two years, the Federal Reserve made nine trillion dollars in profit from emergency loans made to the Wall Street too-big-to-fail entities like Goldman Sachs and Morgan Stanley, to name just two. See the CNN Money article.
Nine Trillion Dollars. Isn't that several times greater than the deficit and all projected shortfalls? Wouldn't that provide enough money to flow back to the neighborhood banks so Main Street folks and small businesses could obtain workable loans? It looks like this: $9,000,000,000,000,000. You'd think they would have run out of zeroes by now.
Yet, it's become painfully obvious that the Fed and its buddies are totally unwilling to move that money back into circulation. They're hoarding it as if it actually belonged to them and they earned it fair-and square. The audacity!
It's hard to march on the mansion with pitchforks and torches when you're bent over a barrel getting serviced up the kiester by some fat cat bastard you don't even know.
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