The 490 Billion Bailout was Simply the Beginning of Fascistic Reign Over Business. People Are Watching Closely as Elites Subject Free Enterprise to Government Control.

In wondering about the 490 billion bailout, the number has ballooned to an astonishing $700 billion.

This is taxpayer money that is being funneled to the very leaders who helped design and manage the economic collapse of 2008.

One could say this crisis is the death of capitalism as we know it with a thousand cuts.

Government regulators grew lazy and complacent and loosened the reigns on financial institutions too much.

The corporations and institutions ran with the freedom from regulation and bathed in a great sea of false profit for years.

And the consumer, the mighty factor in our current economic fallacy, lived well beyond his means on a lifeline of unsustainable credit.

When rumor of a 490 billion bailout package began floating around in mid-2008, the very corporations who precipitated this crisis must’ve been salivating.

When the scale of the crisis began to unfold and the breadth of the mistakes were realized, the government decided to increase the amount of debt it would burden the taxpayer with nearly a trillion dollars.

With a crisis that began with the irresponsible handling of credit, mistake upon mistake continued to pile up and the handling of the bailout is the epitome of these mistakes.

The government of the United States has effectively mortgaged the future of millions of people who will make up the future generations of the world by saddling them with uncontrollable debt to pay for the mistakes of the corporate world.

These mistakes are created by the banking mafia. The banking mafia is a group of the world’s wealthiest individuals descended from British and European royal bloodlines that offers credit to approximately 97% of the world’s money supply.

Currently, most nations accrue the debt of the credit lent by this elitist group of families.

They charge exorbitant interest numerically impossible to repay and thereby maintain our enslavement to a false value system.

Also, the banking mafia owns governments and politicians, the media and most major businesses.

Corporate Crooks Profiting

What started as a 490 billion bailout has grown significantly. Do remember that we will all pay for this bailout for generations?

One must consider what is happening with this money that Congress has unconstitutionally allowed the executive branch of the government to hand out as it sees fit.

In March of 2009, AIG Insurance became the prime example of corporate greed and gluttony in the face of the financial crisis.

AIG was granted approximately $170 billion in federal money to help cover its massive debts.

This was to save it from bankruptcy after executives made a series of grievous errors mostly tied to the false mortgage and securities market made possible by a lack of proper government oversight.

In March, it was revealed that AIG paid out approximately $218 million in bonuses to executives within the AIG corporation after receiving the federal bailout.

These people were directly linked to the failure of the insurance giant and its losses of billions, yet they were still offered a bonus for the work they had accomplished.

490 Billion Bailout: Greed

No matter what number you look at, the massive injection of taxpayer money into the coffers of the banking mafia is a sad commentary on how our society and economy has been falsified.

The banking mafia has made a solid business of coddling the poor and offering them false opportunity to live the life they desire.

Mortgages and credit cards were handed to people who couldn’t pay them. With tremendous limits, poverty-stricken people were saddened with more debt than they could handle in a lifetime.

When these mortgages went sour and the credit cards defaulted, the bankers realized the errors in their ways and instead of paying a price, they were given bonuses and made even richer.

A 490 billion bailout will not solve the problem if this is a standard of the corporate world.

Sadly, it will be the poor and the middle class who will pay for these errors indefinitely, and we must learn to stand against the greed and corruption of government and its partners in the corporate world of the banking mafia.