Day: January 17, 2009

January 17, 2009

Bailouts Filling a Bottomless Pit?

Financial bailouts are doing nothing to remedy a global economy that is facing a structural reckoning. As evidenced by the Government Accounting Office (GAO) of the United States, massive amounts of the bailout funds are simply being funnelled to offshore locations. Full story here . One day, people will wake up and say "why are we giving more money to the people who are creating […]