This is also illegal, because it creates a privileged class and violates equal rights which is described in the U.S. Constitution. One class has the privilege to create money out of nothing and charge interest, while everyone else can not do this.

Regarding all the money proposed for a Wall Street bail out: Not one dollar is going toward a real hard money loan. It’s all going to prop-up fraudulent soft loans that were sold and didn’t pay off. Unlawful loans that were made by Lenders who didn’t put up a dime of their own money. Loans that were made to unqualified borrowers and then sold for a fee in the secondary market, where they later became non-productive. Many of these fraudulent loans where illegally divided up into pieces called derivatives, while Banking Regulators looked the other way. Wall Street is loaded with middlemen, and these are the parasites they want you to bail-out. You see in reality, the banking industry is greedy, arrogant and corrupt.

Your central bank, The Federal Reserve, is privately owned and operating in their own interests. If the private members of the Federal Reserve have a financial interest in a company, they will bail it out using Tax Payers money. Otherwise they let companies go under. They pick and choose, and this is also how they eliminate competitors. For example, instead of letting Bear Sterns fail, the Federal Reserve loaned Billions to JP Morgan Co. to buy it, because one of the directors of the Federal Reserve is also a director and co-owner of JP Morgan. This is a conflict of interest. The Federal Reserve acts like it is above the law and has never been audited. That explains all the secrecy behind closed doors, instead of full disclosure as to exactly why and how the bail-out money will be spent. There is a whole lot that is not being revealed to you about this bail-out scam, which perpetuates a fraudulent secretive monetary system with no corrective reforms. A $700 Billion Rip-Off on top of the $11 Trillion plus National Debt, that will fall on the shoulders of future generations, owed to a private corporation called the Federal Reserve masquerading as a government agency.

Why should you pay for the mistakes of wealthy middlemen? Wall Street bankers want to unload on Taxpayers a bunch of worthless junk loans and pieces of loans that nobody wants. Let Wall Street auction them off. That will tell you what they’re really worth in the free market, not the inflated price the bail-out wants you to pay for them. And tell this to Wall Street: “You Break it, You Buy It!”