Demons & Dialog

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Racketeering: Congressman Dennis Kucinch – “Bank bailouts are an unprecedented fraud”

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Copyright © 2009 admin. Visit the original article at http://www.dailynewscaster.com/2009/02/02/congressman-dennis-kucinch-bank-bailouts-are-an-unprecedented-fraud/.

By: D. H. Williams @ 10:34 PM – EST

America continues to be fleeced by big business and politicians from Harry Reid to John McCain and Barack Obama. Both parties are eager to give billions in your money to the financial interests who support them in return.

Banks have received billions and perhaps trillions (No one is really sure of the amount since details are kept secret.) of dollars of U.S. taxpayers money creating a debt that will take generations to pay off and most certainly will cause currency deflation in the near future. And what have the banksters done so far with their windfall? Spent millions on super bowl parties and private jets.

And now even as the majority in both parties negotiate to give the banksters billions more only a few lawmakers willing to speak out. One of those who has opposed these disastrous bailouts is Rep. Dennis Kucinich (D-OH).

“We shouldn’t be approving any more of these TARPS. We should force this economic system to come to terms with their speculative practices. With their misspending. With their bad investments.” Kucinich continues, “This is a fraud that’s being perpetrated on the American taxpayer on a scale that is unprecedented in the history of our country.”

Viedeo: Dennis Kucinich on Fox Business

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Written by Michael Cooper

February 3, 2009 at 3:29 pm

Posted in Uncategorized

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