Who’s Bailing Out Who?
Oct 27th, 2008 | By Tree House | Category: Interviews, Recent NewsOrlando, Fla - October 27, 2008 – As the late Senator Everett Dirksen, R-Illinois said, “A billion here, a billion there, pretty soon it adds up to real money.”
Our leaders in Washington D.C. have approved adding $700 billion to the national debt. Most people heralded the news as good for America. After all, what’s good for Wall Street is good for you and me.
“This ain’t a bailout! It’s a piling on!” commented author and academic George L. Fouke, Ph.D.
“Our government has decided to give a free pass to the same insiders who got us into this mess,” continues Fouke, a former businessman who retired as a professor of Interdisciplinary Studies and Chairman of the Department of Politics at St. Andrews Presbyterian College in Laurinburg, NC.
As author of the new book, “Damn The Warocracy!” Fouke asks and answers, “Who’s going to pay for it? Our children and grandchildren – that’s who. Right now, our National Debt is approaching $10 trillion, nearly $35,000 for every man, woman and child. And to make matters worse, this gargantuan debt is growing at over $1.5 billion a day.”
Fouke’s opinion is it didn’t happen overnight. During the Cold War a mindset of buy-now, pay-later gradually infested our federal government at every level. This mentality found complete sanction under Ronald Reagan’s “Defense Has No Budget” fiscal policy and continued under the current Bush administration.
“Damn The Warocracy! A Plea to Restore American Democracy” is Fouke’s call to arms for citizens to reclaim their Judeo-Christian heritage and take back the reins of political power from a military-industrial complex that has grown into the Frankenstein-like “misplaced power” that President Eisenhower warned would become the “disastrous” undoing of America. The book represents a citizen’s guide to understanding America’s current moral and political crossroads.
For more information on “Damn the Warocracy!” or to arrange an interview with George Fouke, please contact:
Russell Trahan
PR/PR
407-299-6128
PRwhiz@prpr.net