Posts Tagged ‘ bailouts ’

The Death of Empires

Sounds like our little empire… “At the end of the Third Century, the population of Rome itself was almost one million, with almost 500,000 on welfare. Rome’s corruption from a republic to a police state was assisted by confiscatory taxation and chronic depreciation. Much of it to support a greedy bureaucracy and its clamoring...
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The United States of Corporate Welfare

The Congressional Oversight Panel charged with monitoring the T.A.R.P. bailout scheme thinks more bailouts may be needed. In case you’ve forgotten . . . * T.A.R.P. stands for Toxic Asset Relief Program * The T.A.R.P. was supposed to spend $700 billion buying so-called toxic assets from institutions that were supposedly too big to fail,...
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