There is no free in liberty.


Tuesday, July 12, 2011

Rep. Brad Miller (NC-13) Gets One Right...


Brad Miller:
...it is important that the American people know that their government is acting on their behalf, not on behalf of powerful financial institutions. It is important that the public and Congress be able to assess whether the enterprises settled claims that would limit taxpayer losses on a tough, arm's length basis, rather than providing another indirect subsidy to the banking industry.

Unfortunately there is nothing Miller can do to rectify his support in transferring $13 Trillion (according to PBS) of the citizenry's wealth to financial institutions. Nothing.

H/T Zero Hedge

FHFA BoNY Settlement Final

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