The Secret Of Oz Page #2

Why haven't we heard this before? Because most of the media and congress are beholding to the big banks for loans. Yes, congress still appropriates money but where do they get it?

Again, what they can't raise from taxes they borrow from banks. In 2009 congress will spend over 4 trillion dollars but they will have to borrow half of it. But on top of that in 2008-2009, congress bailed out the biggest banks by giving them nearly a trillion dollars.

The worst part is we aren't just giving the money away, we're borrowing it to give it away! As patrick Byrne CEO of Overstock.com recently said:

"This is rich bankers bailing out rich bankers on your credit card. It's called an oligarchy - a group of powerful folks who have basically hijacked the government."

One of the things I think that's difficult to figure out from the political side of this thing it's clear that they're making a lot of mistakes and the question in my mind is: are these mistakes? Could people in washington really be ignorant about what they're doing?

Because I can't look at what the politicians are doing in Washington D.C, I can't look at that and say there's any hope of that working. And these guys have to face elections. Now, when the next election rolls around they're not gonna politically popular figures. There are gonna be consequences for the politicians, so what makes them push the wrong buttons?

Today I heard a senator say on tv: the trouble with General Motors is they have too much debt. And so the so the solution is to give them another big loan. Well you can't borrow yourself out of debt! General motors can't, you and I can't, the federal government can't, nobody can borrow themselves out of debt.

No more than like I said before: you cannot drink yourself sober! And that's what we're all trying to do. So it don't make any difference what kind of stimulus...and Obama he had a right idea - we're gonna build a lot of new roads - but he's gonna borrow the money. Well we can't even pay the debt now! I mean, we can't even pay the interest on it!

Today I heard a senator say on tv: the trouble with General Motors is they have too much debt. And so the so the solution is to give them another big loan. Well you can't borrow yourself out of debt! General motors can't, you and I can't, the federal government can't, nobody can borrow themselves out of debt.

No more than like I said before: you cannot drink yourself sober! And that's what we're all trying to do. So it don't make any difference what kind of stimulus...and Obama he had a right idea - we're gonna build a lot of new roads - but he's gonna borrow the money. Well we can't even pay the debt now! I mean, we can't even pay the interest on it!

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