Excellent article that debunks the pro-bailout arguments and elucidates the real consequences of this bailout (i.e. same story as always, theft by inflation). -- KM


One of, if not the primary, undisclosed motivation for the bailout plan before Congress is to provide a financial windfall to the Rockefeller (Citibank) and Morgan (JP Morgan Chase) banking interests. In order to see this, one must look beyond the obfuscating din of Wall Street greed, executive pay, HOPE for homeowners, neighborhood revitalization and other such nonsense and look at the concerted actions of the Bush administration, Citicorp and JP Morgan Chase over the last few weeks. The timeline tells the tale.

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