S o T o S p e a k | Ep. 274 | Anuddah Bailout

The bank bailouts will continue until morale improves.

…or “for the foreseeable future”, according to Federal Reserve Chairman Jerome Powell. He didn’t actually CALL them bank bailouts; he called them “interventions in the repo market”, which is the new way of saying “expanding the Fed’s balance sheet”, which is now the old way of saying “bailing out the banks”.

All these euphemisms are killing me inside.

In reality, they’re transferring your purchasing power and the product of your children’s future labor to the Wall Street cronyists who repeatedly crash the entire ship into the rocks.

Your reward? Open borders, rising healthcare costs, rising home prices, rising tuition prices, falling wages, an opiate epidemic, a media apparatus that is openly hostile to the continued existence of America’s rural population, a tech oligarchy that hates you, a permanent war that your kids get the honor of dying in for Israel, and infinite transgenerational debt.

Good deal, right?

This is EPISODE 274 of So to Speak w/ Jared Howe!