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Bob on the Economic Bailout

September 26, 2008 by  

Bob on the Economic Bailout

Actually the government doesn’t bail anybody out. They simply create credit and make it available to those on the inside. Unknown completely to the American people, every "bailout" cost every dollar holder because it dilutes their dollars and the result is reduced purchasing power. They steal trillions of dollars this way and they will finally reduce the middle class in the US to poverty.

There is plenty of precedent and history. It happened in Germany in 1923 and ruined most of the German people. Only those who bought gold and foreign currencies preserved their savings.

— Bob

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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