Wednesday, May 13, 2009

Government control of small banks too?

According to the AP, "The Obama administration will use bailout money repaid by large banks to provide additional capital infusions to smaller banks, Treasury Secretary Timothy Geithner said Wednesday."

This raises several questions.

1) Will the small banks be pressured--even coerced--to receive government money (with all the strings attached) like the large banks apparently were?

2) Will the government refuse to accept re-payment so they can keep their tentacles attached to the banks?

3) Is the Obama administration engaged in a step-by-step overthrow of American capitalism?

4) Where will it end and what will be left of our freedom?

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