60 Minutes report tonight reveals something of the financial institutions we've bailed out and according to our next president must continue to bail out with even more of our hard earned cash.
How much have you been paying for gasoline, diesel, heating oil? This story shows that during the winter of 2007-2008, while demand was dropping and supply was rising, the world's largest financial institutions drove up the price of fuel on the commodities market, earning billions. Who paid for their gains? Us, the consumers.
More on the story here
Help stop the federally assisted fleecing of the US consumer by writing your representatives NOW! Links are below.
Can you stand it! The US and other governments are feeding billions in our money to prop up companies in the financial market and other arenas who have failed to manage their risk. Now in addition to ridiculous fees we are charged, the government is stiff arming us to "donate to the cause". Where will it end? Nobody knows, but the journey will be chronicled here.
Sunday, January 11, 2009
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