The House Bail-Out bill was defeated. This was a success on a moral level, but the issue lies much deeper. While the media has focused it's laser beam of attention on the political drama this created, the Federal Reserve has gone on a spending spree. AFTER the bill was defeated, it was announced the Fed would dump $630 billion into the economy.
www.corbettreport.com
www.bloomberg.com
www.reuters.com
The bail-out bill was never about the money. It was about granting power to the Treasury Department. But the Fed is still spending our tax dollars.
The true issue lies in dealing with the Federal Reserve and our monetary policy. Not sure what our monetary policy is? (I didn't know either) You can learn about it here:
A series of four quick videos:
http://www.youtube.com/watch?v=mhqO9sj0als
A more direct interview on a monetary expert:
http://video.google.com/videoplay?docid=6507136891691870450
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