Privatize Profits and Socialize Losses The USA Way

US Government Nationalizes Only Bad Debt

In the latest coup by bankrupt bankers Paulson, Sec. Treasury has colluded to back all the "toxic loses" of all banks, investment houses or anyone holding a billion in bogus debts. These loans are so bad no one would touch them with a ten-foot pole and the US government, in its last days of the Bush Administration has nationalized the debts of every big banker, money market, or insurer. Profitable debt can remain in private hands; this all comes paid for with tax dollars. You lose America; your money will now have to devalue 50 percent more in the next months while the USA banks reap more profits now that you took the debts! Bonus for all the CEO's please!