This refusal by the fed to say who got the dough is govt bs. Lou dobbs was
on this tonight but I saw nothing anywhere else.
On Mon, Nov 10, 2008 at 10:19 PM, Lone Wolf <[EMAIL PROTECTED]> wrote:
>
> You just got to love the euphemism "stimulus package" that bourgeois
> governments are assigning to the reprehensible practice of rewarding
> the world's financial parasites and criminals by stuffing their
> pockets full of public funds.
>
> Rudd said of the Chinese bail out, "this is an extraordinary package
> of significance not just to this economy but also to the economy
> across wider East Asia and the world." Well bravo China. We now have
> the US Federal Reserve and the treasury, point blank refusing to give
> details on which banks have received 2 trillion in taxpayer's money
> and the assets that were put up as security.
>
> The criminal futility in throwing trillions of dollars at the world's
> financial institutions in no way addresses the two major problems in
> the current crisis (the results of the contradictions of capitalism)
> overproduction on the one hand and the impoverishment of the working
> class on the other.
>
> The wholesale looting of taxpayer's funds can achieve nothing more
> than the transferral even more wealth from the working class to the
> ruling elites, not only by bypassing production, but by bypassing
> doing anything at all.
>
> >
>
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