Wednesday, October 1, 2008

Taxpayers everywhere should be asking the same question: why the hell should we be supporting them?

The Free Market Preachers Have Long Practised State Welfare For The Rich

Bailing out banks seems unprecedented, but the US government's form in subsidising big business is well established By George Monbiot 30/09/08 "The Guardian" -- - According to Senator Jim Bunning, the proposal to purchase $700bn of dodgy debt by the US government was "financial socialism, it is un-American". The economics professor Nouriel Roubini called George Bush, Henry Paulson and Ben Bernanke "a troika of Bolsheviks who turned the USA into the United Socialist State Republic of America". Bill Perkins, the venture capitalist who took out an ad in the New York Times attacking the plan, called it "trickle-down communism". They are wrong.

Posted by malct @ 04:34 PM (511 views)
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3 thoughts on “Taxpayers everywhere should be asking the same question: why the hell should we be supporting them?

  • planning4acrash says:

    This is rich coming from George, who’s book uses fake man made global warming 2 advocate neo serfdom and socialist carbon tax on everything we do, a ponzi scheme larger than derivatives paid2 the world bank2 ‘save us’,in reality funding global government.

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  • p4ac – where do you get this “fake man made global warming” crap from?

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  • 2. inbreda said…
    p4ac – where do you get this “fake man made global warming” crap from?

    I can’t remember but I know what he’s on about

    give me a few weeks and I might be able to dig it up

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