Infrastructure Bank and Housing Banks: The Worst Idea in the History of Man

Ye, those econoomic fascists who gave you Fannie Mae and Freddie Mac--two 'quasi-government" entities which have virtually destroyied this country, and may yet end up doing so, and which could accurately be called "housing banks"--have come up with the idea of an "infrastructuree bank".


What is the purpose of an "infrastructure bank"? Wll, like Fannie Mae and Freddie Mac, the idea is to continue government spending and control over the economy "off balance sheet". That was also the idea behind Fannie Mae and Freddie Mac. As with Fannie Mae and Freddie Mac, the American TAXPAYERS will still be on the hook, but that will be CONCEALED. This is all about DECEPTION. This is not a new idea. The Republicans, in the war of f1812, were faced with a huge deficit. They know they did not have the money. But they did not want to impose additional taxes. So they flirted with the FEDERALIST (same as today's leftist Democrats) idea of a NATIONAL BANK, for the purpose of raising money and providing it to the government. Ironcially, we have ended up with the Fedral Reserve, which is now acting as a central planning authority to direct the entire economy, and every part of our financial systeml-instead of as merely an entity protecting the solvency of the banking system and guding a disciplined growth of the money supply. Yes, the Federal Reserve has emerged as a full fledged partner in this new world of economic fascism, despite the FAILURE of the Federal Reserve to either prevent this recession or get us effectively out of it. I digress (only slightly).


Economic fascism has laost nothing to do with Hitler, and predated Hitler. It is the theory that there should be a "partnership" between Big Business and Big Government to control the economy and run your life (and mine) It has bee defined as: "socialism with a capitalist veneer". It is still the same old authoritarian central planning, where a small number of people attempt to direct our economy.


Enstein is the guy who defined insanity as: "doing the same thing over and over again, expecting a different result." Fannie Mae. Freddie Mac. Exactly when has economic fascism actually worked, or central planning (the Soviet Union?)? This "infrastructure bank" is an absurd idea, where some people will be able to feed further at the government trough, while taxpayers coninue to foot the bill. It can be explained only be desperation. Even our Big Government elite, and the economic fascists on Wall Street, realize that government spending is on the way out.--at least to the extent of further increases in spending. The Federal Government has no more money, and is borrowing 40 cents out of every dollar it spends. Problem: how to keep spending as usual when the stupidest person around can see that we can't afford it? Answer: (lol): infrastructure bank!!!!!!!! Let's recreate Fannie Mae and Freddie Mac, but on a broader scale, before have even solved the porblem of what to do with Fannie Mae and Freddie Mac (now totally part of the Federal Government, and always a liability to the American taxpayer).


Now the hedline probably--only probably--repreents an overstatement. An "infrastructure bank" may not be the WROST idea in the history of man. But it is right up there.


P.S. No proofreading or spell checkig (bad eyesight). And yes, I am warming more and more to Ron Paul's views on the Federal REserve. No, I still am not opposed to the original concept of the Federal Reserve as a sort of "speed control" on our financial system, and agency trying to make sure of the solvency of our bankss. But the Federal Reserve is now an entity out of control--being given, and asserting even when not given, virtual complete control of our economy. Exactly why anyone would think the Federal Reserve can run our economy is beyond me. History certainly does not support that idea, including the hisotry of this recession.