The current contrived economic collapse of the unnecessary monetary based economy widens the earnings gap, as levels of individual debt skyrocket. To finance the bailout Washington must borrow from private banks (the Federal Reserve) which in turn are the recipients of the bailout. Yes if you didn’t know the Federal Reserve is only about as federal as MacDonald’s and Burger king (and if you didn’t know that and have read this far… then holy shit!). Bill Clinton signed the Financial services Modernization act which entailed the entire US financial industry being transferred over to a handful of financial conglomerates (but it’s ok because he played the saxophone and jogged through black neighborhoods) this all doesn’t matter anyway as since its inception the fed has been nickel and diming people who never cared to know how the system worked. Now the people who helped Clinton implement that act will be directing Obama through 2012.

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