Zeitgeist the Movie, Elections and Impunity

So i asked awhile ago if elections for president in the US could be predicted on the basis of whose campaign had the most money. I also said i didn't know whose did right now, but that a list of corporate donations was available. Critically, both presidential candidates went to the Senate to vote on a bill that had failed in the house. Both went to support the bill. Both gave speeches to endorse it.

Unlike the UK rescue package just going into effect this morning (Oct 13, 08), it seems there are no shares/stakes in the banks changing hands. There, the operator of the Fed and former head of Goldman Sachs (rival of the failed Lehman Brothers) uses his discretion to buy up bad debt from banks. In the UK, we are told, we actually *own* significant stakes in the banks that are assisted. American tax payers will be absorbing debt in exchange for what? More debt?

There's an interesting film called Zeitgeist. It actually comes in two parts, and the second part, the Addendum, focusses almost exclusively on the monetary system of the Federal Reserve (and IMF and World Bank). In that, by reading through and translating the documents that enable the Fed (a private bank), it makes clear how the current system attaches debt to every dollar created. So each dollar costs the government a dollar + something. And then interest is charged on this money. There's more about loans, inflation and so on, but at the heart of it is with the central bank, dollars are alway money+debt.

This is the system we are all in a sweat to bail out? something that immediately means that through income tax (which some in the states argue is illegal - was never appropriately passed into law) where a quarter of one's earnings goes not to hospitals and other government services, but to service the debt of the Fed - a debt that by its nature can never be repaid, since the creation of a dollar by itself incurs debt.

Whoever thought this was a good idea?

What else is compelling is that it is actually well known that various significant market and bank panics of the past were engineered by bankers in an effort to consolidate their own wealth. this is monopoly capitalism at play. It's not about diversity, is it? And what of the current "crisis"? If it were not manufactured as well, would it not, we are lead to ask, be an exception?