Its looks like another Third World Economic Model to Validate the Corruption of the Establishments….!

The worst government ever had this country is the Government of Mr. George W Bush.
This government isn't happy with the mess of the illegal war in Iraq and all the escalation of the economy, now they INSTITUTIONALIZE the CORRUPTION at all levels in the public administration.

What happens with the banks and his tumultuous disorders is something conceivable only under regimes of absolute anarchism in other parts of the word.

Under the scrutinize eye of the Federal Reserve all this mess happen and no body --------> YES, no body ------> is going to tell the real true. Why? Simple --------> the political consequences has no limits!

Now the government to justify his action is scaring the public opinion about the weakness of the economy and so on.

They choose his model for his business, they grow up and get million of million of dollars in profit, they take his own risk, they doesn't ask about the consequences of this risk to the TAXPAYER, they owed an explanation to his share holders, so why this administration are going to help this entrepreneurs with BILLIONS OX THE TAXPAYER DOLLARS.

This administration is playing THIS game: "TOO LITTLE TOO POOR" and with these are created a new kind of citizen:

A. - Those who deserved to be exonerate of his failures and are economically to BIG to failure even if they disrespect any common sense of managements.

And

B. - Those citizens who are the victims of the Katrina and others catastrophes who do not deserve borrow any direct loan from the government with special interest to rebuild his homes because they are "TOO LITTLE TOO POOR". And not make mistake, probably this TAXPAYER are also victims of the INSURANCE COMPANIES who are trying with subterfuges avoid and made honor his owns INSURANCE POLICIES.

As an example FREDDIE MAC & FANNIE MAE is maybe one of the most ominous case of corruption in the entirely world and of course in the history of this country and as a today the only victims of this disgrace are the TAXPAYERS -----------> YES ---------------> the TAXPAYERS who are going to pay every single dollar this PRIVATE FINANCIAL INSTITUTION lose under the most perverse administration they has being mismanaged.

No the political establishment, no the media, no one is talking deeper about it, because they can't be clear in any prudent and honestly investigation.

The TAXPAYER probably is going to pay only for this two institution BILLION OF DOLLARS ---------------> without any compensation. Where is the justice on this charitable action of the George W Bush administration? ---> NO WHERE!

According to the Chairman of the Federal Reserve Mr. Bernake and the Treasury Secretary Henry Paulson, who has the constitutional mandate of take care and avoid this debacle, they never said anything about it and now they issue a warning advice about the consequences of this failures. They said if these institutions aren't salvage by the government the crises could be worst. But worst or not, no one wants to assume the RESPONSIBILITIES of this CRISIS.

Hundred of millions of dollars these two companies invest in advertising, for not other reason than consolidate his influence in the mass media.

Hundred of millions of dollars they send to FOUNDATIONS and made unaccounted donations around the country, for only one purpose, keep and consolidate his influence in the political establishments.

And no government authority said anything!

Them you have another crisis with a very well know PRIVATE FINANCIAL INSTITUTIONS, like, Lehman Brother Holding Inc., Merrill Lynch & Co., American International Group Inc.(AIG), and others.

These companies take an unnecessary risk in his business, and them the same history ------------> THE TAX PAYER ARE GOING TO PAY for all the mess they did and the administration of George W Bush come up quickly and suddenly to help this bad administrative and dishonest practice with the TAXPAYER MONEY -------> of course they use this MANTRA --------->to scare to public opinion---------> if they don't do it them this situation can compromise the HEALTHY of the Market and the country economy.

It seems to me they use the same scaring strategies to go on to THE ILLEGAL WAR!

Moreover, they decide who is good and who's bad! But in any case THE MONEY OF THE TAXPAYER ARE GOING to PAY FOR ALL THIS DISHONESTY ADMINISTRATIVE BEHAVIOR OF THE CHAIRMAN AND CEOS OF THESE PRIVATE COMPANIES!

At this time no one is indicted, no further investigation and probably no one are going to pay for all this ECONOMIC THIRD WORLD MODEL of this pseudo businessman STRONG FULLY supported by George W Bush with the TAXPAYER MONEY.

On March 27, 2008 I published this short post (IT'S LOOKS LIKE THE TITANIC'S HISTORY) about the economy in this country and this was my remarks on it:

"Only few are going to save his live, the other are going to died"

In the mean time NO matter how much the government LOADED THIS CORRUPTION with money of THE TAXPAYERS in this THIRD WORLD ECONOMIC MODEL ---------> THE ECONOMY of this country is going to sink deep and the big majority of the TAXPAYERS would be the only victims of this mess because they are: TOO LITTLE AND TOO POOR!

Percy H Florez