Bailouts

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Growing Movement Strikes at Fed Across the Country

END the FEDEND the FEDPress Release: For Immediate Release

Growing Movement Strikes at Fed Across the Country

ECONOMIC BAILOUTS, Golden Parachutes: Can you smell the socialism cooking?

The so-called "Sub-prime Mortgage Crisis" has again reared its ugly head and you are in its sights.

On Sept. 18, 2008, the Fed announced an unprecedented $180 billion booster to world markets, plus $85 billion to nationalize Freddie, Fannie, and others possibly to come. This is after it's $300 Billion in the past few years to stimulate markets. If you are wondering why your wallet seems a bit lighter, this might be why. As economic turmoil looms on the horizon, what does our supposedly conservative President have to say on the matter? Is it something about free markets?