Phillies Blasts Fed Debt TakeoverPhillies Blasts Fed Debt Takeover

"It's the biggest rip-off in the history of the world," said Libertarian Presidential candidate George Phillies. Phillies is on the November ballot in New Hampshire and Massachusetts.  "Treasury Secretary Paulsen wants prudent Americans to be billed trillions of dollars to pay debts of their spendthrift neighbors.  Trillions? Yes, trillions.  Nine hundred billion to date.  Far more in the future.

"Do you want to stop with paying your own bills?" Phillies asked.  "Or do you want to be stuck paying the bills of every neighborhood wastrel who took a HELOC loan they couldn't afford?  Do you want to save the Lexus SUV of the billionaire banker dimwit who approved that HELOC loan? If you want to keep the money you worked so hard to earn, you have only one choice: Vote Libertarian!  Throw Republican rascals and their Democratic toadies out on their ears.

"The Republicans?" Phillies wondered.  "You don't have to ask if Republicans choose competent candidates. Republicans nominated George Bush, whose gave us trillions in debt, secret wiretaps of your phone, a pointless War in Iraq, and the worst financial crisis since 1932.  Democrats are no better.  Senators Biden and Obama rolled over on Republican issue after Republican issue. For real change, vote Libertarian."

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George Phillies is on the ballot in New Hampshire and Massachusetts as the Libertarian Party candidate for President.

Paulsen says http://treasury.gov/press/releases/hp1149.htm

Trillions?  900 billion so far, as totaled by CNBC http://www.cnbc.com/id/26751385

Another 1.2 trillion, give or take? http://globaleconomicanalysis.blogspot.com/2008/09/us-taxpayer-giant-dumpster-for-illiquid.html