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He is right, this bailout never should have been passed in the first place for a number of reasons. The idea of the Government disregarding contracts and ignoring the Constitution relating to the bailout is dead-on, and the fact is that they are trying to ease the public and cover their tracks in taxing these bonuses.
http://www.infowars.com/paul-bill-to-tax-bonuses-an-outrage-and-unconstitutional/
This article summarizing Ron Paul raises the real issue: that the Fed increased the money supply by $1.25 trillion. This will cause inflation and weaken the value of the dollar thus increasing the need for this more globalized banking conglomerate to emerge. (see my theory post)
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