The Steady-State Initiative
moving toward sustainability through economic reform
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2008 Sep 25
U.S. president George W. Bush plans to bail out bankrupt financial corporations and their CEOs with $700 billion from the public purse. Never mind the fact that this is totally unjust, unethical and immoral.
What does this mean for you and me?
This is going to cause such a case of hyper-inflation around the world never seen before in human history that civilization is in deep trouble. If you think you are insulated from this, wake up and think again. Anyone on fixed income, social security, dependent on a pension or even their cash savings will see the purchasing power of their money slide out from under them.
Wake up, folks!