Financial Bailout Would Concentrate Extraordinary Power Into the Hands of One Person
By Mike Adams, September 29, 2008 | Key concepts: Federal Reserve, U.S. treasury and Financial bailout
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The concentration of power is always a prelude to the destruction of a nation. This $700 billion bailout plan would put a huge portion of the U.S. economy (and the majority of taxpayer dollars) under the control of ONE person, without oversight, without regulation and without LAW. Is this a bail out, or a SELL out?
From Nytimes.com: Rarely if ever has one man had such broad authority to spend government money as he sees fit, with no rules requiring him to seek out the lowest possible price for assets being purchased.... more
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