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	<title>Colorado Liberty &#187; bailouts</title>
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	<description>You Don&#039;t Need Permission To Be FREE!</description>
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		<title>The Death of Empires</title>
		<link>http://coloradoliberty.org/blog/2010/05/26/the-death-of-empires/</link>
		<comments>http://coloradoliberty.org/blog/2010/05/26/the-death-of-empires/#comments</comments>
		<pubDate>Thu, 27 May 2010 00:56:49 +0000</pubDate>
		<dc:creator>Troy</dc:creator>
				<category><![CDATA[Freedom]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[deficits]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[empire]]></category>
		<category><![CDATA[hyperinflation]]></category>
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		<guid isPermaLink="false">http://coloradoliberty.org/blog/?p=1613</guid>
		<description><![CDATA[Sounds like our little empire&#8230; &#8220;At the end of the Third Century, the population of Rome itself was almost one million, with almost 500,000 on welfare. Rome&#8217;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 dependents. Quite like the Twentieth Century.&#8221; Read more&#8230; Empires rot from within. We are between stage 6 and 7 in our stages of collapse&#8230; 1. Expanding bureaucracy 2. Causes bigger budgets 2. Necessitating higher taxes 3. Resulting in taxpayer threats to revolt 4. Causing politicians to run deficits 5. Which drives up interest rates and borrowing costs 6. Leading politicians to money printing 7. Which results in rising prices 8. Fomenting political unrest 9. Causing politicians to enact price controls 10. Which wipes out profits 11. Causing producers to flee 12. Which causes the economy to disintegrate 13. Bankrupting the government (or making them more vicious)]]></description>
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		<title>The United States of Corporate Welfare</title>
		<link>http://coloradoliberty.org/blog/2009/08/15/the-united-states-of-corporate-welfare/</link>
		<comments>http://coloradoliberty.org/blog/2009/08/15/the-united-states-of-corporate-welfare/#comments</comments>
		<pubDate>Sat, 15 Aug 2009 16:53:12 +0000</pubDate>
		<dc:creator>Rod</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[corporate welfare]]></category>
		<category><![CDATA[Corruption]]></category>
		<category><![CDATA[fascism]]></category>

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		<description><![CDATA[The Congressional Oversight Panel charged with monitoring the T.A.R.P. bailout scheme thinks more bailouts may be needed. In case you&#8217;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, but . . . * After Congress said yes to this proposal the Treasury Department instead used the funds to buy stock in major banks * In other words, The Toxic Asset Relief Program ended up having nothing to do with toxic assets It get&#8217;s worse. According to Wikipedia . . . . &#8220;On February 5, 2009, Elizabeth Warren, chairperson of the Congressional Oversight Panel, told the Senate Banking Committee that during 2008, the federal government paid $254 billion for assets that were worth only $176 billion.&#8221; And even worse . . . &#8220;During 2008, the companies that received bailout money had spent $114 million on lobbying and campaign contributions. These companies received $295 billion in bailout money.&#8221; &#8230; More (Author: Jim Babka  Source: downsizedc.org  Date: 08.12.2009)]]></description>
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