04-01-2020, 08:27 PM
(04-01-2020, 12:38 PM)OutsiderFan Wrote: The CARES Act is a total abomination.
The FED is now buying assets with the Treasury Department (U.S. tax payers) as its co-signer, without our permission. We get a couple grand and then the pork flies, bailing out terrible industries that deserve to die, creditors who made bad loans, and others deemed too big to fail. Our asset values are crushed and then whatever remaining cash we have is hollowed out by inflation, and we're still on the hook for this debt we didn't authorize.
Everyone should feel a deep sense of betrayal toward our government leaders. They aren't protecting us as much as selling us out.
So what's new?
