Libertarian Party of Connecticut

By Marc Guttman

The silver lining in this banker-bailout financial mess is that more Americans now fully realize that some citizens use government power to fleece the rest of us. All it took was asking the American people for $700 billion to be delivered to Wall Street speculators.  The bad news is that our representatives believe we will allow these ruses to continue. Despite an overwhelming majority of people opposing the bailout, Congress has just delivered our money to purchase other citizens’ liabilities. Instead of allowing mismanaged businesses to take responsibility for their lending actions, they rewarded them with a handout.

In addition, the money is likely to be either printed out of thin air, thus devaluing all of our current wealth in U.S. dollars, or borrowed, putting us in even greater debt.
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