The Obama administration proposals to nationalize banks are appalling.<\/p>\n
The Bush administration’s “don’t ask, don’t tell” TARP bailout of Wall Street was obscene.<\/p>\n
Once the feds started bankrolling the banks and other financial institutions, it was only a question of time until politicians claimed the right to control what they subsidize.<\/p>\n
It would have been far better for the nation to allow the deadbeat banks and Wall Street entities to go belly-up.\u00a0 Instead, they have been propped up at taxpayers’ expense, with wave after wave of handouts that are justified solely by the amount of money and favors Wall Street entities have lavished on politicians.<\/p>\n
Every additional bailout simply compounds both the financial damage and the peril to American freedom.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Obama administration proposals to nationalize banks are appalling. The Bush administration’s “don’t ask, don’t tell” TARP bailout of Wall Street was obscene. Once the feds started bankrolling the banks and other financial institutions, it was only a question of time until politicians claimed the right to control what they subsidize. It would have been […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-715","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n