Poll Results:
Yes, they should pass it: 146 votes (3%)
No, they should reject it: 5,000 votes (94%)
Not sure: 173 votes (3%)
The House of Representatives is approaching a crucial vote on the Bailout Bill later today [Update: The bill passed 263 to 171]. The mainstream media claims that public opinion is increasingly in favor of the bill, so we decided to run our own poll to verify these claims.
In your opinion, should the House pass the Bailout Bill? Please take a second to vote in our poll, then tell everyone you know about the poll to make sure that all our voices will be heard.
(Feel free to post an explanation of your vote in the comments section.)
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“Congress left the barn doors open for LEGAL immigration. That stresses every resource we have.”
Sherman, I think that this part of their plan though. I think the immigration, whether legal or not, is an attempt to shore up a younger population base from which to tax. And the gov might like to incorporate (tax) them into the system to pay for the 70 million baby boomers that are “entitled” to their benefits.
So it’s really a $4-5B daily deficit? I beleive you, but also wondering who is admitting to that. Where might I find that info. anyway?
And if we can’t borrow the money anymore, then you are right. We will print it. And print it.
So we have some serious issues to deal with the funding of Social Security, healthcare (medicare, prescriptions,ect), pensions (retirement-much of in the stock market), real estate bubble, war/tensions in Middle East, national budget deficit, and our trade imbalance. Please remind me as I’m sure I forgot other issues.
But c’mon guys, lighten up. Everything’s gonna be great. Please excuse me while I add a nip of hooch to my Honeycombs. {pour} That’s it, juuuust enough, ya know?
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I’m just now getting into how this plan works. Each of us owe http://www.texasstartupblog.com/2008/09/26/how-much-the-bailout-will-cost-you/ about $17,000.00 to 10 times that depending on your bracket.
So if I understand this bill? The banks get the cash, from the government and we pay the government back 17k – 175k each. The banks get the houses the took from people who couldn’t pay and we get toxic debt which I’m being told is going to be worth something.
Okay.
Sounds like freedom to me. I guess I work for the banks but I don’t get a paycheck.
Thank you Congress and Senate – may I have another please!
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Hi Kathy ( Katherine Allen) and all,
“Vote Them Out” #2
Good for you, Kathy, that you have been and are getting rid of encumbants who have damaged us so long with an anti-encumbant program. Keep it up.
There are thee things I notice about these Ron Paul messages:
1.Just about everyone is against the “Bail Out” and
2. We are all in agreement that most Members of Congress have failed us by voting for the “Bail Out”
3. Ron Paul is our favorite choice for President ( as a ‘write in’)…which sadly will do very little in a pragmatic way.
However, practicality must exist in what we do,too.
It’s the Congress that has the power to pass these damaging Bills, like the “Bailout.” So we have to focus on getting these people out of office and other good ones in. That will help at the local level where the power really is.
The whole House of Representatives is up for re-election in Novemeber. Let’s all vote out the ones who supported this phoney “Bail Out.” That is wee our power lies at this junction.
So once again, I appeal to all to “Vote Out” the culprits who are damaging us beyond belief. It is “Ee” who must vote, not Ron Paul. He has done his job and is still doing it.
If you agree with this line of thinking, please say so at the top or bottom of your e-mail message, so we all can get a feel of your views and intended action, if any.
Thanks and best, Mike
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this bail out bill is just another way to “f” the american people out of more freedoms in the future!
this guy paulson is obviously going to start distributing the $700 billion to his chums over at aig, sacs and the rest. i’m sure a decent chunk of that $700 billion will find it’s way into a (shell) corporations included in that bill that belongs to george W. bush. i find it sad and sickening that the american people of today have become so passive of the injustices that SOME of the members of congress have dragged them through as they have profitted from these lobbiests. i don’t see how the people that caused all of this are rewarded with $700 billion dollars instead of prosecuted. …i really don’t.
i can’t understand how these people are notbeing investigated.
it makes me sick!
another thing that made me sick was how mccain & obama opposed this the day before they went to the white house, and then started pulling for it a day after. with same threatening tone as bush did a few days earlier.
i will not vote for either of them.
i had planned to vote for ron paul since last october, and that’s who will get my vote. even if i have to write his name in myself.
i say everyone who is tired of all this screwing of the american people do the same.
thank you very much.
p.s.: why couln’t the solution have been, giving every american $2 million dollars each so they could pay off their homes and debt and start making purchases to help the economy (being that we’re the one’ who have to pay this $700 back)?
this bill is not going to help he economy! america will be in the same hole if not deeper in 6 months (or less)!
go to the link below and download the mp3 for a radio show called
“For The Record” on AIG and findout how they got us in this mess!
once you get to the site,
click on and download:
“F-531a.mp3″ 18-Sep-2008 21:02 33.2M
“F-531b.mp3″ 19-Sep-2008 05:55 33.2M
go there now : http://spitfirelist.com/archives/
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Jose: Forgot to answer all your question.
I don’t know about much about the famous Kondratieff cycle and I should the only thing I read was here http://www.gold-eagle.com/gold_digest_08/chapman100508.html
I think it will be hyper-inflationary like 20’s Germany. The 700 billion, and more to come, are for foreigners holding our debt not to unload dollars and to keep buying Treasuries. The US (drug addict) requires 4-5 billion a day from foreigners to operate. Unfunded social programs like SS and Medicare are staring at $50+ trillion on the horizon. The money for these incredible payouts will not be earned (taxes), it will be printed (monetized). It’s inflate or die. It’s print or risk social unrest and a collapsing system.
We should get a hold of Rudy and tell him it isn’t Drill baby drill it is Print Baby Print!!!!
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Reply to Mike:I think voting them out is a fine idea. I’ve been working on the anti-encumbant idea the last two elections and plan to do the same this year. Somehow they keep getting back in tho. I can’t under stand why we’re so apathetic about this. These politicians do not have our best interests in mind. Fifteen or twenty years is too long (definitely long enough). There are others who would do a great job if ever given the chance.
Nothing will ever change with the same people in office. You can’t keep doing the same thing and expect a different outcome.
Kathy
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http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm
Ben’s speech on the depression and the gold standard
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Hello Matt:
http://www.wellsfargonevadagold.com/confiscation-order.pdf
http://users.rcn.com/mgfree/Economics/goldHistory.html
Don’t know if they will replace Ben but if they don’t his speeches indicate to me that he attributes gold as an inhibiter of or to creating $$$ out of thin air so with him I don’t see the above as a factor.
Get a replacement batter who realizes that the Constitution only mentions 2 crimes treason an COUNTERFEITING and all bets are off.
I think the ONLY solution is telling our representatives to wake the F^&K up.
Now that is a sad solution because they can’t find the Constitution from a hole in the all and they don’t even realize that they bailed out a symptom. How can they fix a problem when they don’t even know what the problem is.
Worse. If we can’t identify the last depression’s causes how can we avoid this one or yet another one?????
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Indeed, Sherman, Indeed….
I hate to sound like part of the problem, but just to cover my own ass, I’ve been buying gold for the last few years, what money that would of been put into savings accounts, CD’s, Bonds, T notes, or what have you has all gone to the purchase of gold.
NOT that gold is safe just like anything else there is risk involved. But if my bank fails? what does that mean to me? Do I lose all of my money, I don’t know but I do remember reading a fella’s post about how he’s 100,000 lighter in his 401k. I just
figured gold should really only appreciate, so I won’t be at as much risk.
Matt
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“A democratic society requires a stable and effectively functioning economy. I trust that we and our successors at the Federal Reserve will be important contributors to that end.”
~ Alan Greenspan, 1996
To what end? I would ask.
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I see the democrats becoming so irate on debate boards whenever Obama’s name is mentioned in reference to Terrorists. I have many unanswered questions.
Is there a reason for us to be concerned?
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Hello Jose:
Thanks!
I don’t know if deflation is here already. Physical gold is hard to acquire and its price is going down, distilleries are at record lows and its prices are going down.
Will gold explode to the moon or fall to the core of the Earth?
Don’t know, but I like your advice that cash is king and the stock market is crap – or could become crap.
I think we are in a depression/severe recession and that we just have been relying on cooked books to tell us otherwise.
Not to sound like a cook but I my question is: If there were a financial catastrophe how would that effect the elections? Time wise not outcome wise.
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Hey Sherman & All,
If you have money in this stock market, I would tread very carefully. I have lost my share of money in the stock market, and have also made some, so I have some experience here.
Frank, Given your stated loss and seemingly low tolerance for volatility, (and given I don’t know your specifics) i might recommend putting approx. 1/2 of your portfolio into a 6 month cd at 3-4%, or maybe just park it in a money market for now. There’s so much volatility, election stuff, and ???, Plus, we are in a bear market, so you can short it with reverse EFT’s like DXD or the like, but I personally would play the percentages And just wait this thing out a bit. Might I also suggest some exposure to gold or silver, perhaps a liquid form like an ETF (exchange-traded-fund) like GLD. There are also foreign utility stocks that pay nice dividends. But be careful, and know that cash is King. Personally, I wouldn’t worry about missing the next stock market rally. LOL Who know’s what’ll happen. The market decided to go lower Friday but it took until hours after the bailout announcement. So that might an indication. As has been stated here many times now, NOONE knows what is going to happen tomorrow. The only thing in concrete is volitility. Just don’t be surprised to see the Dow at 8,000 or less sooner than later. Right now is a good time to preserve capital, not be a hero. I’m no CFP or great prognosticator (far from it actually), so this is just purely my speculation. I just hate to hear of someone feeling ripped off when they invest in a speculative market. Too often, the market makes fool of us all. The best we can do is play the percentages. Good luck.
Sherman, I must agree that noone really wants to admit what we all see, especially those that govern us. Oh well. Let me throw you a change-up: What do you think about a Kondratieff wave-like effect regarding the worldwide situation in relation to the autumn/winter phase? How do you see deflation playing out with respect to the oncoming inflation? I wonder if gold/silver will decline further yet, or has it bottomed already? I wonder if deflation can grab hold of these commodities stocks again? Or is it time for gold and silver stocks to finally take an inverse relationship to the equity markets? I just have this funny feeling about it. They showed relative strength on Friday when the market was down, so I wonder. Your book sounds interesting. As you know, I think there’s a supply of unfilled intellectual space for it.
Katherine, very interesting point about the phone calls, cause I wondered how those statistics changed in one day when everyone I spoke with was changing their mind the other way, as days went by without a bailout and the world did not end as promised.
Mike is correct. It’s not just our right, it’s OUR DUTY to vote the fools out. Also, as long as private money is allowed to influence politians, we as individuals will lose. Yes, tax dollars solely should fund elections.
I swear I always plan on sitting down for just a sec to make a quick point, then I sit down here and the ideas won’t stop coming in. But this is a truly historic time. America is no longer the democratic nor the capitalist society we strived to become. This is not the America that many good men sacrificed for. And it is not the country that our Constitution so clearly outlines. Godspeed to all.
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Hello Hal:
“…saving the U.S. hourly wageworker from the ill effects of illegal labor is a moot point.”
You might want to scroll to the 9 minute mark of this video. Congress, God bless them! In the 1960’s opened a little loophole in our immigration law. I think that is why we hear sooooo much about illegal immigrants. Fact of the matter is: Yes it [illegal immigration] is a problem but it is like the pet door in the barn. Congress left the barn doors open for LEGAL immigration. That stresses every resource we have.
http://video.google.com/videoplay?docid=4094926727128068265
Take care!
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The Globlist stock market bail out has some long arm they reach all the way to the U.K. Spain, Italy and so on it messed up there markets too they all had a hand in it so why don’t they all chip in and pay there fair share of this market bail out.
Oh by the way saving the U.S. hourly wageworker from the ill effects of illegal labor is a moot point.
Seems our income and quality of life is not an issue to them. I guess the present Globalist Administration feel’s like they could use a few more wage slaves to round out there retirement.
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Hell Frank:
Hey don’t sweat it, the next batch is even better.
According to Palin: Oboma is “palling around” with an ex-terrorist who blew up government property in the 60’s.
And, running against him we got a guy who is a reverse ace (yup an ace has 5 enemy kills, a reverse ace like this guy crashed like 5 of the governments planes – himself.) NO ENEMY NEEDED!!!
Grab a lampshade, it is going to be one hell of a party.
And don’t worry about the mess – our kids and their kids will pick up.
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Hi all,
How to “vote” them out
It is obvious that the whole house of Representatives is up for re-election and 1/3 of the Senate.
My (FL} House Rep (DEM) voted for the Bailout so I am not going to vote for him. One of my two Senators did so, too. He is a Republican. So next tme he’s up for re-election I won’t vote for him, either.
My sister told me that her 2 Senators and House Rep (AR) all voted for the Bail Out. She won’t vote for any of them and actually called their offices to tell them just that. Good for her.
This is a policy that can work…
What do you think?
Regards, Mike
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Frank~~~God bless you and God bless us all!!!!
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My retirement 401K is now worth over $100,000 less than it did a few weeks ago. I worked for 30 years and saved diligently for that money. Very smart people like Jimmy Carter, Bill Clinton, Ronald Reagan, Richard Nixon and George Bush Senior and our current George Bush, as well as the honorable congress and senate over the years screwed me with obiously the best intentions of their heart. Meodiocrity trully has taken over. What truly hurts is that my friends helped them screw me by telling me that the reason they didn’t vote for Ron Paul was because they didn’t want to waste their votes. I feel like I’m surrounded by sheep. God help our country. They don’t want to waste a vote and I have to go back to work to eat. I feel so depressed and I am so angry.
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hell no why do we have to pay for the other big BS in hight places
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It crazy to think, you can get a loan to pay a loan with no income to pay the loan. Ask Arnold Gov of California, he is now asking for congress to bail out his 5 year balloon loan with another loan. Our kids in our schools don’t even have there own school books, no P.E., some no music or classes for vocational training. Why is now the country doing the same as California. How about Jobs and resetting the morgage loans to the value of the homes with 4.5 or 5.0 percent rates to keep their homes. And I live in Temecula, where your job is 70 to 90 miles away. Foreclosure started because they couldn’t pay gas, mortage and food. So, now they insure 250,000 dollars in the bank. People like me don’t have 250K, but a have Husband laid off from retail industry (furniture) and can’t get a job because he is over quailified and made to much money. I can’t refiance the house because its upside down, not that I can’t make the payments… Now how stupid is that???? Bail out! Bail out Me!!!
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Hello Katherine:
Ugh, with all due respect, I think it has been going on for almost 100 years not 20, we got bought off in 1913, 1933 and then 1971.
Personally I think the most egregious of the three was 1913 because we tossed the Constitution out the window.
From 1665 until WWI there were only about 4 BRIEF periods of inflation, all during wars. Other than those few wars there was no inflation at all! So for 250 years everything worked fine. People didn’t have to gamble in the stock market to try to keep up with inflation because save for 4 wars there was no inflation.
In 1913 The Federal Reserve was created.
In 1933 FDR created money out of thin air and ordered US citizens to surrender their gold for these paper bills that they printed. He did pay them 20 bucks an ounce for gold. After he stuffed the US vaults with all the gold he then set the value of gold to 35 bucks an ounce.
Nice touch, I’m certain all those that lost 15 bucks felt even better then. (Back then cars sold for 600 bucks so 15 bucks was a LOT of money.)
The US was then on a quasi gold system whereby one (“one” as in a a foreign country not a US citizen) could give the US a buck (well 35 bucks) and get an ounce of gold for it. (Well actually the US gave gold coins not bars whenever possible because the coin’s face value was less than the melt value due to impurities.)
At the time the Country was on the Brenton Woods Accord. The glitch was that this accord didn’t prevent the US from printing money out of thin air, via the Fed and Fractional Reserve Banking. The Fed is a private bank and NOT part of the government. Vietnam was, like Iraq and Afghanistan VERY expensive. Even with taxes (unlike now with tax cuts.) And they printed a but load of money. When countries called us on the dollar, the US started running out of gold. Nixon took us off the quasi gold standard.
Since then we have been printing money out of thin air and it isn’t backed to anything – but faith and we don’t have a lot of that these days.
THAT is when we got bought off by “these people” and that is how long this has been going on for. Things have to compound and go exponential before the $hit hits the fan and now we are seeing a lot of hockey stick charts. Unemployment, inflation and M3 (money printing), foreclosures, business closures….
Our dollar is like Ron Paul says, it is like Monopoly money now.
Our Constitution is specific about gold and silver coin as a tender in payment of debts, as was Thomas Jefferson and what he said about the creation of money and inflation and the people controlling it.
The sad part, is that it is my guess is that like Paul says, no one in Congress knows the Constitution. W was saying we need new laws for the 21st century. I suppose if we don’t go back to the Constitution they will need lots and lots of new laws. I listen to the news, to Congress and I wonder if any of them realize that the Fed is not federal or that Congress in 1913 legalized counterfeiting.
Legalized counterfeiting. That, in my book is the crime of the century and we are going to be left holding the kahuna of all bags. Of course, don’t fret, our kids and grandkids will be here to help hold the kahuna of all bags. The burden won’t be on us alone.
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THERE ARE OTHER PEOPLE TO VOTE FOR. BOB BARR – LIBERTARIAN (USED TO BE REPUBLICAN BUT QUIT IN DISGUST) CHUCH BALDWIN – CONSTITUTION PARTY AND, YOU CAN EVEN WRITE IN RON PAUL. IF WE’D ALL DROP OUT FOR OBAMA AND MCCAIN, THESE GUYS MIGHT EVEN WIN.
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When are we going to wake up and stop being so apathetic andSTOP RE-ELECTING THESE PEOPLE? I’VE BEEN DOING AN ANTI-INCUMBANT
VOTE – THIS WILL BE THE SECOND TIME. CHECK THEIR VOTING RECORD FIRST BUT, IF THEY HAVE VOTED AGAINST EVERY GOOD THING WE PEOPLE WANT THEN, GET RID OF THEM. WE HAVE THE VOTES FOLKS. AND, IF THEY’VE BEEN THERE 15 TO 20 YEARS, IT’S TOO DAMNED LONG. BY THEN THEY HAVE BEEN COMPLETELY BOUGHT OFF.
SINCE THEY GET SO MUCH MONEY FROM EVERY WHERE ELSE, I THINK WE SHOULD STOP PAYING THEM. THEY NO LONGER WORK FOR US. RIGHT?
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When the media began reporting that calls to the senate/house was
changing in favor of the bail out it was discovered that several of these companies affected assigned several of their employees to sit at the phones and make repeated calls to senate/house in favor of the bailout. The senate/house phone lines were so busy they weren’t asking what district or who their representatives were.
Of course our idiot politicians fell for it especially after “pork”
was added. They do love spending our money. The wooden arrows was a project of my Gordon Smith from Oregon (sorry every one – I never voted for him).
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Hello Jose:
Just to clarify- I was saying that the elected officials (save for a few like Dr. Paul) are ignorantly blissful. Well you put it nicer than I could have said it.
I think most American’s know how bad things are – heck we all have to eat and drive to work and put clothes on our kids.
Enron Cook Book Authors:
Kennedy – removed workers from unemployment reports
L. B. Johnson – put Social Security payments you and I make as income and removed that SS money which they spend from the debt column
Richard “Break in Dick” Nixon – Removed gas and food from inflation figures (COME ON YOU HAVE TO LAUGH NOT ONLY FILES WERE REMOVED ON THIS GUYS WATCH)
Bill “I didn’t have sex with that woman” Clinton – put Hedonics (Greek for the pleasure of) (COME ON YOU HAVE TO LAUGH AT THE IRONY)into the inflation formula, basically if you buy a computer for 1 grand today in the store the BLS says it sold for say 600 bucks because it is has more memory and a faster processor. So even though the price went up 400 bucks they count it as going down 400 bucks. He also enacted substitution (pretty funny if you think of that famous cigar that was substituted for….) so if we buy steak and it goes up in price sooo much that we can buy it anymore they replace it with…. say cat food. (Yummy). Well they may not use cat food – today anyway it may be Ballpark Franks.
So when you hear inflation is contained that is a lie. Yet the liar knows no better. Even the best economist use BLS (which should be renamed to BS) inflation rates/statistics.
When you do your own math you will see (I pulled these receipts this morning) that inflation is up there in the stratosphere:
2001 gas 1.27 2008 gas 3.89 Increase of 306%
2001 half and half 1.14 2008 2.48 Increase of 151%
2001 Cigarettes 2.74 2008 Increase of 144%
Enron cookbooks work great until we all can afford just food and gas, the only things not counted by the BLS. Then we see unemployment, foreclosures, bank failures – and well a depression.
Because they say inflation is contained and GDP to debt is a good ratio it all works until the rubber hits the road. We can say we aren’t in a recession/depression when using cooked books but banks failing, abundant foreclosures, prime delinquency rates surpassing subprime rates, record high unemployment and – well reality indicate otherwise.
There is a lot more to this. Yeah, it gets even better and I don’t even see Paul talking about this stuff.
The OPEC member nations use Enron math for their “proven” reserves. The more reserves the more they can pump/sell.
Then there is population – think China ans SUV’s.
Well, I’d write more here but I need to get back to the book I’m writing. Take care.
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I agree with the prior posting. Are elected officials are idiots, and they are crooks, too! Why can’t our elected officials bail out the American people who are losing their homes. The status quo is just not working anymore. We need more honest elected officials like Ron Paul. This so called “bailout” is so flawed and unconstituional. Our country is still a great country becuase of the American people, but we are such a financial crisis. Whoever gets elected in November can’t fixed the crisis that we’re in right now. What a mess we’re in!
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Hey Sherman,
You might be right about the gen pub and the ignorantly blissful. I just wish I could join them. But I have a daughter and her future to consider. And I don’t like the idea of soup lines or bread lines. And just for the record, you can count me out for gang showers, too. So we work hard to ensure a safe if not prosperous future and try to pass on the limited synthysis to others. I think that is all we can do, isn’t it?
I just think the Feds know enough about the truth to hide the M3. Providing it will, at least, provide some transparency. It just cracks me up that they claim the elimination was due to a lack of funding. They say that info. was too expensive to report. Unreal.
Did they really eliminate the gas from the CPI calculations?
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Hello Jose:
Good post! The only thing I don’t agree with is asking the government to tell us the truth.
I really don’t think they are lying to us because they don’t know the truth.
Which is worse? I don’t know but personally I’d rather be lied to because it implies the official voting laws actually know their collective a$$ from their elbow.
Except for a few like Ron Paul, until the truth bites them in the a$$/pocket book – they won’t know it. And even then I’d imagine that the vast majority of them will wonder what really bit them.
Case in point, we tossing 1.8+++trillion at a symptom, we are not fixing the underlying problem. Also, tossing good money after bad money is well, not fixing the problem. It is the stupidest thing I have ever heard of, other than printing money out of thin air.
I think we have elected a nation of idiots.
On interest rate cuts: I think all the Central Banks around the globe will cut rates. Prices are falling – my hunch is because a vast majority are tapped and to get prices up again they need the ability to amass even more debt. Oh boy!
California can’t sell bonds to keep the government open. California sets a lot of trends. What will happen if the Fed. Govt. can’t sell bonds to China? We borrow about 2 billion a day.
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Just wanted to thank Ron Paul for the forum. I’m just sorry I didn’t learn about R.P. before all of this “bailout mess” because I would have voted for him. I think the media did a nice job of marginalizing his legitimacy and silencing his messages. But the truth will prevail. Thanks again, Ron.
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This is a mess of epic proportion.
Years from now we can look back at this page and others and know who was right and who was wrong and I find that very interesting. Of course I am uncomfortable with our future outlook, but I take solice that what I read today is the TRUTH as it is repeated over and over on almost every informed website I can find. Only politicians and Pollyannas disagree. Many of you have done your homework and most of what I read today is at least from a seemeingly informed public. This offers me a bit of hope for the future; that we can mitigate the ongoing damages inflicted upon us my our culture of debt. Only people like Veggie Dan scare me, not implicitly, just that his level of understanding is the norm rather the exception.
Solutions:
1) Live within our means, and (gasp) actually spend less than we earn. This must be done as a country, businesses, and households too.
2) Drop the prime lending rate to 1% from 2% temporarily.
3) Insure FDIC insurance to 500K or more.
4) OUR gov needs to level with the people and tell us just how broke our country is, that we cannot even afford to operate day to day without the assistance (greed) of foreign banks. Most of the recent $800B fleecing package is going to foreign banks anyhow. JUST TELL US THE TRUTH big gov, cause we can handle it. Someone earlier said that our GDP is probably closer to 40% less than reported and I agree. David Walker is a MAVERICK if there ever was one. We risk turning a bad year into a bad decade!
The future pain that we will likely feel when this whole thing corrects is merely a function of the amount of lies we are willing to accept and the duration that this deception lasts. Make no mistake about it: Sometimes it’s sooner, and sometimes it takes longer, but in the end the piper ALWAYS gets paid.
Debt and lies are a deadly combo.
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How much of this bailout money goes to Dubai to pay for that mess?
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the bail out will be the same as bailing out the losers in las vegas wallstreet will be back to gambling the next day and wast all that money. the bank still lend money to any body with a good back ground. the depression will still get worse.
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i own silver. of course i want them to trash paper money some more!
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http://video.google.com/videoplay?docid=-1697805906900297328 , i posted yesterday. the issue is that most of us do not understand the law that governs us. go to the web data i have left here, copy and paste. this is the truth, it will be hard to swallow, but listen to it all the way and then sit with it and you will get the full scope of what is going on! b
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check out this link
http://www.youtube.com/watch?v=8m79f-9xyFc
we united have to change
write in Ron Paul
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I’m LIVID… and don’t really get that way often about politics……. Ron Paul said it eloquently.. we ought to be ashamed of ourselves. A year or two’s worth of “adjustment” pain is far far superior to the abject calamity we now face in 2009 or 10–who knows when. This is such a sorry political calculus…
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Let me just say the word. Oligarchy. Your voice is heard and clearly ignored. go back to sleep, you might escape the coming oppression. extermination for the dissenters. The Fascists and Commies have taken over. McCarthey wasn’t Paranoid. The Pirates have authority. pack up your stuff go hide in the woods. get off the grid. Like swiss family Robinson. Lord Bush is crashing the Liberty plane into the socialist mountain.Our home is nothing more than a market to the Globalists. you are a number, a statistic. you are living the last farcical days of a disease laden whore called democracy, who has compromised her values for a little bit of money. i hope the words upset you.perhaps you’ll get active.
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You know this country has gotton so away from common sense that it makes me sick! We need to take this country back! Do you realize if this economic scandal would have happened in 1776, they would have taken these people out, tied them to trees, and shot them for selling out this country and the American people! We have gotten to comfortable in our every day live’s, we gripe about the government and how they have done us wrong, but we are not prepared to do anything about it. We need a revolution people before it is to late. Every day we lose a little more of our freedom’s, we need to Govern ourselves, throw these political hack’s out of Washington and say “NO MORE”
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I HATE the media idiots that are calling congressman who voted against the will of their constituencies patriots. If I hear any more bullshit about how it isn’t a popularity contest and that they are doing what’s right for America I’m going to vomit. You’re a congressman… you are the VOICE of your constituency. That’s why you’re in office you swine. If they wanted what was right for America we never would have gotten into this mess in the first place.
PS-
TIM K- 1,000,000 X 300,000,000 = 300,000,000,000,000. Three-hundred TRILLION is a lot more than seven-hundred BILLION. Like, 430 times more. Learn some math. You’re an idiot and your post makes everyone else on this website look dumber. You should be ashamed of yourself.
Richard- If you’re going to quote Franklin, do it right. “Any society that would give up a little liberty for a little security will deserve neither and lose both.” It sounds way better that way.
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HELL NO !!!!!! LET THE GREEDY BASTARDS IN THE BANKS AND WALL STREET GO UNDER………….. JUST LIKE THE MIDDLE CLASS HAS…..!
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It appears that even the Wachovia saga is going to have a good ending with those that are crying for government backing vying against those that did not. Wells Fargo should get to purchase whatever it wants regardless of deal, if the other whiner needs some fed backing, boo hoo.
In that regard the market was working itself out just fine.
If the money was destined to go directly to the money markets vs. buying up junk paper that wall st. had created out of thin air then I would have had some support for a bill, but not this bill obviously.
If the money was for that purpose alone, i.e. to fill in the gap in lending created by some bad decisions vs. forcing us to buy up worthless paper at a price set by the banks… I would have supported such a bill. Obviously, any alternative voices were promptly silenced.
This could have shaped up better, with multiple trips though the house and the world still would not have collapsed. I think American’s just got a knee-jerk right to the ribs this time and the clueless senate hoodwinked by the bushites one (hopefully!) last time.
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The 700 billion should come out of the pockets of all the supporters of this bill.. O wait do you have any more to give to uncle sam ? … I would really like if some of these supporters of this bill would post on here and tell us NON supporters where they think all this money is really going…..
I my self do NOT support this bill… I do not think that all these people (sheep)can understand or even fathom how much 700 billion really is…
people sit in their little boxes (homes) watching their little boxes (tv) getting crammed full of cnn, fox, cnbc, and all this network crap and their all overspent and credited out saying “o yeah we should spend 700,000,000,000.00 to help us”. They seriously do not know the first thing about how money works other than ” I get my paycheck and I spend it ” …. Wasn’t every body told when they were a kid ” Do you think that money grows on trees” , where do they think all this (counterfeit) (monopoly) money is coming from?
WAKE UP!!!!!! NAP TIM IS OVER… Time to play with the big kids and have a mind of your own. Ron Paul is the real free America…
ps: Has anyone herd of the amero currency….
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At 54 years of age I think back to the time when I was around 18 years old and working in a bank. I attended AIB classes and had to write a paper on money and power. One of the books I used as a reference was entitled “The day the dollar dies” by Willard Cantelon (spelling?). Man that guy was right on!!
I’m always leary of an elected “leader” that dose’nt feel like being truthful with the people that gave him that office with their ONLY source of power. Their lone vote. Each person that voted for these folks is partly responsible for this mess and abuse of power. Everybody has the RIGHT to vote for the candidate of their own choice. Party line voting is a thing of the past my friends and it will lead us to destruction.
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Plesae wake up befour it is to late please i am voting for Ron Paul thank you
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Okay, so we have a bill that, from all appearances, was not sanctioned by the majority of American voters?
What recourse is there when this supposedly elected government does not do the will of the people? ( and what and where is their proof that they did?).
They could ship us all to a Gulag? Or, we need to ensure that the Tax Paying, Working, Voter has recourse. This will not be overturned by a higher court, and we all knew, irrefutably, that it would pass.
WHERE IS THE GOVERNMENT FOR THE PEOPLE, BY THE PEOPLE????????
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I have a very simple question for all of you, and that is when are you all going to wake up and smell the roses…..AS for myself I clearly state that I am not a income tax payer, haven’t been one for 18 years and IRS knows knows why. I hope my email infuriates the bunch of you because you are all a bunch of sheep. You need to wake up and take back the liberties that you have been deprived of because you are like a ostrich with your head in sand. Benjamin Franklin once was quoted as saying,”Those that give up liberty for safety, deserves neither liberty or safety.” Thomas Jefferson was said that the american people NEEDS to have a revolution every ten years, so they can keep the government in line. The one outspoken leader we have today is congressman Ron Paul….listen to him. In the mean time pull your heads out of your behind and strat doing something to get youR rights back..IN OTHER WORDS WAKE UP DUMMIES..
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copy of my email to the bunch of them:
Subject: Vote..NO… NO .. on the private Business bail out.
Letter sent to House Speaker Nancy Pelosi, Senate Majority Leader Harry Reid, and My congressman Howard Berman, both
of my Senators….. Diane Feinstein and Barbara Boxer…
and to Senators John McCain and Hillary Clinton.
Honorable Senator Barbara Boxer, September 30, 2008
I would like to share with you, and join the millions of Americans, my request to not…… do not… bail out this “private business” problem.
Please do not downplay the intelligence of the American people of not having an understanding of the severity of this problem. The complexities of this problem are well understood by many.
1. Private Business was given the freedom to operate without regulations.
2. They abused this freedom.
3. They do not want to take responsibility of their mistakes…. and want the tax payers to clean up this mess.
No.. the answer is No……
Business managers are doing what they know and do best… that is Business….
and that is shifting their loses down to the consumer?
Give them an opportunity to save themselves and if they can’t? Then what we do won’t help in the long run anyway……..
Where we are is were we are heading……. they will have an opportunity to skim off the top money to protect their bottom line.
IMPORTANT……IMPORTANT….. There is a lot of money at the top of this in the Private Sector.. this is a private Business Problem, they created it and they need to scramble and save themselves.
The motivation is there…… they can do it..
I have been watching European news….. the world will survive….. Their consensus is just that,
if we do not bail this out. We need to bring this to where it belongs…….. the private Sector.
You and the rest of “You” in Washington work for us….. not Business and Wall Street.
If their problem does effect us…. this does not justify ….. “You” and the the rest of “You” jumping in bailing “Them” out without our permission….
“You”, and the rest of “You” do not have our permission to do this.
Now, there is so much angry out there, there is a campaign to vote against any member of Congress, Republican or Democrat who votes “yes” on this bail out……..
THE MESSAGE SEEMS TO BE…
WE, AS AMERICAN TAX PAYERS, HAVE HAD ENOUGH….
Sky is falling? It has already fallen!
Many Americans should not be in these homes with bad mortgages…. we can’t save that and shouldn’t……… but there should be a freeze and something retroactive to X date to keep those in their homes if they can manage the payments and have been paying all along.
Take that $700 Billion and pour it into our infrastructure creating JOBS, JOBS, JOBS, you cannot outsource a Bridge, Dam or Levee……. The government will grow with income tax moving in and people will be able to pay their own mortgages………… it is not our job to pay mortgages, nobody paid mine and I was a single mom.
Thank you with respect,
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Anyone else more committed than ever to run for office? I’m tired of this crap. I’m so tired of it. Utah had 2 Reps smart enough to say no. One incumbent Chris Cannon has lost favor with so many in this state that he didn’t even make it past the primaries this year. He voted yes. I got an email from his challenger (who will almost certainly beat the Dem candidate this year) stating he would have voted no. Both of our Senators voted yes. I’ve been saying words in my head that I don’t say, repeatedly.
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We are saddened to hear of the betrayal of the sell out.
It is not a bail out, but a sell out.
God be with us in our undertakings. We are not deceived by this evil.
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