I really do not understand this bail out. It is our money. Anyone who pays taxes is putting up the money for this bail out. Do companies that pay CEO's billions of dollars worthy of our money?
Correct me if I am wrong. Where is this bail out money coming from? Where is it going? Accountability. There is this Sarbain-Oxley stuff for public companies. Most companies have audits done to protect their asses. What does the government have? Anyone auditing big government. Another reason to reduce the size of government.
If you can help me understand this, maybe you can help our lawmakers understand what is going on. Thanks.
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The bailout money is not comming from tax payers. The government is simply printing the money, which inturn will result in inflation. I you truly are interested in learning you should do the research yourself, rather than asking the question on your blog.
When the Government "Prints more money" to use for a Bail Out thye are increasing their debt. The governments debt is called the deficit which is our Tax Debt. Our tax debt is paid for solely by tax payers.
When the government prints more money it increases the deficit. The deficit is paid for by taxes. That means tax payers are the only ones paying for the bail outs.
Any money the government spends including money they "Simply Print" adds to the deficit which is debt that can only be paid for by tax payers since the government has no other source of income.
The bailout money adds to the US deficit which is another name for the US Tax Debt. The only way it can be paid is through taxes since the government has no other source of income.
try
the financial crisis is a scam
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