Yeah, but the only street benefiting is Wall Street and wealthy types. Everyone else has been screwed.
Crony capitalists rejoice.
The lies get more blatant with each successive appointment.
“The monetary policies crafted and initiated by the Federal Reserve are intended to help Main Street rather than Wall Street”
Buy Giving Wall Street all your Money and by printing as much as we can get away with. And Never Ever prosecute anyone for the FRAUD if they are a coveted member of the Too Big to Fail crowd.
NO? Really?
Well I never...
Actually, I always...
The economy is brain dead and on life support. Pull the plug on the printing presses and it is all over. It is over anyway.
ELIMINATE the FED
Socialism Is Legal Plunder - Bastiat
How to Identify Legal Plunder
But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Then abolish this law without delay, for it is not only an evil itself, but also it is a fertile source for further evils because it invites reprisals. If such a law which may be an isolated case is not abolished immediately, it will spread, multiply, and develop into a system.
The person who profits from this law will complain bitterly, defending his acquired rights. He will claim that the state is obligated to protect and encourage his particular industry; that this procedure enriches the state because the protected industry is thus able to spend more and to pay higher wages to the poor workingmen.
Do not listen to this sophistry by vested interests. The acceptance of these arguments will build legal plunder into a whole system. In fact, this has already occurred. The present-day delusion is an attempt to enrich everyone at the expense of everyone else; to make plunder universal under the pretense of organizing it.
Above all, if you wish to be strong, begin by rooting out every particle of socialism that may have crept into your legislation. This will be no light task.
/Bastiat
CRONY SOCIALIST CONSTRUCTS