You probably already know that the government bailed out the American automobile industry and various banks like Freddie Mac, Fannie Mae (Public, NYSE:FNM) and American International Group, Inc. (Public, NYSE:AIG). But do you know what else Washington spent our tax dollars keeping afloat?
The diamond, music and adult entertainment industries...
This is no joke. Washington prioritized saving the adult entertainment industry before giving us a tax break and helping us put food on the table for our families -- in the middle of the financial meltdown!
And it gets better. Now Washington wants to use our tax dollars to bail out Greece when our own economy is shaky at best!
I'm sick and tired of watching while Washington uses our hard earned tax money to benefit other countries and pay for frivolous pet projects. I want to see our tax dollars spent on things Americans need.
Related stocks and ETF`s: American International Group, Inc. (Public, NYSE:AIG), Fannie Mae (Public, NYSE:FNM), National Bank of Greece (ADR) (Public, NYSE:NBG)
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
- Video: Free Market Capitalism
- Gold: The Rally Will Gather Momentum As The Year Progresses
- U.S. Dollar: The World Has A Lot More Confidence Than They Should
- Video: Confiscating Excess Wealth
- Dow Jones Industrials & Gold Parity
- Video: The Federal Reserve Will Not End QE
- What Is Full Employment To Janet Yellen?
- Momentum Stocks Are Having Trouble
- Quantitative Easing (QE) Is An Euphemism For Inflation
- China: No Evidence That Demand For Gold Will Slow
- ► 2013 (395)
- ► 2012 (438)
- ► 2011 (308)
- I Own A Lot Of Mining Stocks
- Investing In China
- What Rising Gold Prices Are Telling Us Is That The...
- I Hope That We Go Back To A Gold Standard
- Gold And Mining Stocks
- How To Invest In Gold
- Gold And Gold Stocks
- Gold It`s An Absolute Winner
- Bearish On US Treasuries
- China Will Be Able To Reap The Rewards Of Their Ow...
- CNBC Video: Stronger Yuan Game Changer For Investo...
- Greenspan On The Fiscal Time Bomb
- Obama`s Energy Bill, Congress: A Huge Loss For The...
- Do We Have A Bright Future?
- Obama`s Reaction To The Oil Spill
- Stock Market Update: Markets Are Going Higher
- Use Bernanke As A Contrarian Indicator
- Oil Prices Are Going Much Higher
- A Surge In Oil Prices Will Be An Obstacle On The U...
- Gold Can Reach 5,000 To 10,000 In The Next 5 to 10...
- Oil Prices Should be Going Through The Roof
- If The IMF Decides To Bail Out Greece The Monetary...
- Washington Wants To Use Our Tax Dollars To Bail Ou...
- Signs Of An Inflationary Depression?
- I Will Treat Taxpayer Dollars Like They Are My Own...
- There Is No Recovery
- US Markets Update
- How To Buy Gold
- The Wrong Way To Buy Gold (Video)
- People Are Afraid Of The Debasement Of All The Cur...
- ▼ June (30)
- ► 2009 (280)