I’m really not an alarmist or conspiracy theorist. I truly believe we live in a Constitutional Republic and most Americans still believe in limited government and personal responsibility. But good Lord, what is this [1] from Treasury Secretary Tim Geithner:
Treasury Secretary Timothy F. Geithner today told Congress the administration will seek unprecedented power to seize non-bank financial companies whose collapse could jeopardize the economy, a move Geithner said would have allowed the government to bail out insurance giant American International Group at a far lower cost to taxpayers.
Is this a bit extreme? I know we all wanted “hope” and “change”…but the complete dismantling of our economic system? Folks…this is centrally controlled economy crap…yes, you know what that is: socialism.
For those of you who were unconvinced before, please wake up before it’s too late for our country. Read more tales of woe regarding how the government is failing us on the economy in this week’s commentary by Pat Buchanan [2].