Punkd by Congress’ Bailout
Main Street: You Just Got Punkd by Wall Street
Looks like the American taxpayer just got punkd by Congress and all the big, fat special interests that tell your so-called representatives how to vote.
A 700 billion dollar bailout will throw good money after bad. The U.S. Dollar will continue to be gutted by monetary policy. A weak dollar will make your real wages smaller and the cost of everything higher. The U.S. economy is already in a recession, and this bailout will certainly not help. Instead, the bailout will make things worse.