"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Trillion Dollar Babies
Submitted by Westernerd on Thu, 2013-01-31 04:00
To feed its addiction to big spending, the US government currently sells bonds to Wall Street, who then in turn sells those bonds to the New York branch of the Federal Reserve. Instead of directly financing the ruling elite in Washington, the Fed does it through Goldman Sachs and friends. That way, Uncle Sam gets paid, the banksters get paid, and the average Joe gets screwed as the money in his wallet loses value.
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