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The Wall Street Bailout Facts
DATE Sept. 25, 2008
© 2008 by The Phoenix Foundation
Virtually no one likes the bailout proposal being crammed down our throats by President Bush, the Federal Reserve and the Treasury Secretary, who insist on calling it a "rescue plan."
Is it truly necessary to avoid a sudden and catastrophic world economic collapse ... or is it a bailout for millionaires who have already stolen billions from the American shareholders, homeowners and taxpayers?
In truth, it is both. Frighteningly, it also appears to be the dreaded "October Surprise" in this year's election (unless we get the double-blow with an attack on Iran, as other governments such as Denmark have announced within the past few weeks).
The economic crisis gives George Bush the excuse he needs to declare a national emergency and suspend the elections without the input of Congress or the American people, thanks to the so-called "War on Terror" legislation.
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