The Barack Obama Bailout Benefits the Elite Families and Corporations That Profit From the Decline of Western Civilization as we Know It.

The true cost of the Barack Obama bailout, also known as the American Recovery and Reinvestment Act of 2009 (ARRA), could reach as high as $1.1 trillion. This is once all the tax breaks and open-ended spending are accounted for.

With one stimulus package under our belts in 2008, a $750 billion bailout of banks and mortgage companies hitting home, the new president and legislature have not even slowed down.

Obama’s own stimulus package is being pushed through to the tune of $787 billion, as it stands currently.

The 1,588 page bill is meant to pump money into the economy through tax cuts and government spending. In reality, the only ones who benefit from this act in any significant way are the politicians and the corporate elite that control them.

This money is being pumped into the system by the Federal Reserve and is not being paid for. Our government finances spending like this by assuming more debt and then adding it to the deficit.

Our Founding Fathers warned us about the dangers of high national debt, telling us it would open the nation up to the control of private individuals, bankers and businesses.

Does that sound familiar to you? The Barack Obama bailout is nothing more than a pork laden piece of legislature meant to pad the wallets of politicians, increase the scope of government and its spending, and benefit the banking elite that control this country.

Pork

The Barack Obama bailout is filled with pork barrel projects. The bill must pass both the House of Representatives and Senate in order to become law.

To get the support needed the bill’s authors have to add special projects for representatives important enough to demand payment for their support.

It’s nothing more than legislative extortion. If you want a representative to vote for the law, you have to add his special project to the bill. This appeases him and whomever he is stumping for.

The average taxpayer’s best interest isn’t considered. Only the benefit to the banking elite behind the politicians and corporations are considered.

The Federal Reserve is at the core of it all as the banking families who own the Fed control the money in America. If they control the money, they control the country.

Bigger Government

The ARRA is filled with provisions that allow for more government spending, and hence more control and profits for the elite bankers.

Basically, the government is creating job security for government workers and thereby spreading the tentacles of control.

Bigger government is never the answer. Increased control over the population or increasing the dependency on government handouts is a way to create slaves, not foster economic productivity.

No Accountability

Thanks to the media bombardment of the financial crisis, the entire world was convinced the economic sky was falling.

By pumping up the threat to our economic future, the banking elite controlled mass media was able to get the lawmakers to pass the Barack Obama bailout in record time.

There is no accountability for the vast amount of money being spent. The bill is so huge it’s hard for any one aspect to be picked out and harped on to the detriment of its supporters.

Pork runs rampant and instead of blaming the people that created it, we allow the media to convince us we should vote for people based on their personality or how faithful they have been in their love lives!

The banking elite know that as long as they continue to support candidates financially they will continue to see laws like this passed that keep the easy money rolling in.

Standard corporate policy is to donate to both candidates running for election. More money is given to the incumbent because statistically they are more likely to win.

But no matter who wins, the elite have their puppet in office. With no accountability, the rape of our economic system will continue.

We must stand up and say ”Enough!” to the corruption, cronyism and media distraction we are subjected to on a daily basis. We must say no to the banking elite.