Is The American Tax Payer, Bailing Out The World

Congressman Ron Paul wrote an article on 2-16-2010, in which he asks a simple question, are the American tax payers bailing out Greece? The Greek government is in default of their massive public debt. They don’t have enough funds in their treasury to even make the minimum payment that is now coming due. Their debt level is over 100% of their gross domestic product.

A recent statement made by the European Central Bank gave assurance that they will get the aid that they need. No details have been made public. Congressman Paul asks the question, if it’s possible that our Federal Reserve has had some hand in bailing out Greece? Which is a valid question, that we don’t have the answer to. Our current laws exempt agreements between the Fed and foreign central banks from disclosure or audit.

He goes on to state how Greece is only the latest country to have faced this type of crisis in recent memory.  He also points out how fears were mounting about Dubai, and before that, Iceland.  Several other countries  like Spain, Portugal, Ireland, Latvia are approaching the same  crisis levels with public debt as well. And the one thing they all have in common are strong ties with Goldman Sachs.

Further more he states that unless laws are changed to allow a complete and meaningful audit of the Federal Reserve, including its agreements with foreign central banks, we might never know if this is occurring or not.

Now the question we all have to ask of our elected officials is, when is our Government going to place the interest of the American tax payer before the interest of the entire world economy? When are they going to come to the realization that they work for us, and that our country is not for sale! When are we the American tax payer going to say enough is enough?

America wake up and realize that this nightmare that we are going through isn’t going to go away by itself. That “we the people” have to exercise our constitutional right to vote these career politicians out, while we still have the vote to do it with. How much longer are we going to sit back and wait to see that we are continually being sold out by our elected officials. How many more bad trade deals or treaties is it going to take for us to understand that they are destroying our country from within.

When are we going to realize that they are using us to their delight. Playing the left against the right, for their gain and to our dismay. When are we going to realize that the reason nothing ever gets done in Washington, isn’t by accident but rather by plan. And when something does get done it’s always costs us either our liberties or our money.  Wake up America before it’s to late.


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