WorkerBee

The true cost of the bailout

by WorkerBee

 - Sun, Sep 28 2008
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The true cost of the bailout.

 

Sure, this bailout, in terms of money, will cost around 1 trillion dollars. More precisely, it will cost around 1 trillion UNCONSTITUTIONAL dollars AND, another piece of liberty.

 

Where in the constitution did the congress get the authority to get into the banking industry? The commerce clause? I don’t think so. The commerce clause only allows the congress to enable commerce, not become part of it.

 

What liberty you may ask, well, once the government decides to enter into a private affair, they never get out of it – NEVER. Not only that but they expand their role in whatever it is they enter into.

 

We are about to lose a huge part of our banking industry to the government – is that what we want? Not me.


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