Every day, we wake up to another big blast for money from taxpayers. Last week, it was the three millionaires from the auto industry. This morning, it’s all about Citibank, with assets of trillions. We have moved from millions, to billions and now trillions.
Last week, I watched those three stooges I call “winking, blinking and nod”, huddled together at a Congressional hearing seeking a handout of $25 billion. These three men are all multi-millionaires who flew into Washington on their private jets, all dressed up looking sooo respectable, holding their invisible tin cups for a free handout. Without remorse or compunction, they flew to Washington expecting hard-working American taxpayers to fork over $25 billion to CYA their squandering.
This is a preview of
“Winking, Blinking & Nod”—The Three Stooges (Issue 132)
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The National Presidential election is barely over and we keep hearing more and more about what the government is doing to nationalize companies, corporations and industries.
This means companies like the banking industry, insurance companies like AIG, and many others, have already had ownership transferred over to the centralized government. Other companies are not sitting idly by in the wings, yet actively attempting to sway the government to take over with bailouts, like the auto industry.
Then we hear talk of credit companies trying to come under the yolk of nationalization. Some already are nationalized. Then there’s a waiting list of large companies and corporations trying at some level to get on the bandwagon of government bailouts, which means they will no longer control their means of production, but instead will be under the jurisdiction of the new boss, i.e. the federal government.
This is a preview of
Redistributing Wealth via Nationalizing Companies—A Seamless Transition (Issue 126)
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