The Great Bank Robbery of 2008

September 30th, 2008 9:30 am  |  by Mike Miller  |  Published in Bailouts, Banking, Big Government, Economics, Federal Reserve, Individual Responsibility, Liberty, Money, Politics, Taxes, law, national debt  |  1

At the Ludwig von Mises Institute, Robert P. Murphy has written an article about the recent bank failures and the Paulson Plan.

The Paulson bailout failed in the House. If it isn’t a death blow to the plan, it should be. This is not an economic plan: it is a heist.

It will go down as The Great Bank Robbery of 2008.

The economics behind it are nonsense, but we are naïve if we spend much time even considering the “arguments” for it. This is a money and power grab, pure and simple.

Read the article here.

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  1. oxen says:

    September 30th, 2008 at 9:42 am (#)

    Now it is time to call a Grand Jury and due the process to seize the assets of the families that own and control the Federal Reserve Bank. Theses people are economic terrorist and have severely damaged our Country.

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