Indiana

Are You Pondering What I?m Pondering?

By Abdul Hakim-Shabazz

U.S. Treasury Secretary Henry Paulson says because the banks aren’t lending he want to take your $700 billion bailout money and give it to credit card and other loan companies.   Regardless of the fact that this is totally messed up on so many levels, think about this.

The government is taking your money to loan to the banks so the banks can loan you money.

Wouldn’t it make more sense for the government to just not take your money in the first place?

Full post as published by Indiana Barrister on November 13, 2008 (boomark / email).