The bottom line, this economic bailout is wrong. Both parties at the best aren't telling us the truth. At the worst and honestly viewed they are out and out lying to us.
The damage that the GOVERNMENT has caused in the financial markets has brought us to a crises. Now the same Government that poisoned the waters are now going to purify them. BULLSHIT!
With or without this bailout the system is collapsing. The urgency in rushing this "fix" into place is pure politics. Bush is in a panic, the Democrats see an opportunity to seize control of more of the countries economy, and power and the Republicans are deaf dumb and stupid.
This problem was caused by Governmental policy, NOT Free Markets, Not Capitalism and NOT Greed on Wall Street.
The Government has finally reached a point of largess that the support beams can't handle it and they are collapsing. The system was designed for minimum power and control at the top. The pyramid of power has now and this bailout clinches it has completely flipped.
The question is what is left and what is right. The writers on political philosophy measure various issues in the term of parties instead of political power. This is not how the system was designed. To define our government system in the terms of parties is a fraud. The far left communism and the far right fascism are not opposite extremes but identical twins. They are complete government control just by different philosophies.
The founding fathers viewed it differently, they viewed it as the extreme left being tyranny and the extreme right being anarchy. The Founders concluded that at one extreme Anarchy no government, no law, no systematic control. Tyranny on the other is too much control, too much political oppression, too much government.
We are reaching the point of Tyranny.
From The Founders' Unchanging Principles of Liberty
Principle 13 - A Constitution should protect the people from the frailties of their rulers.
"If angels were to govern men, neither external nor internal controls on government would be necessary.... [But lacking these] you must first enable the government to control the governed; and in the next place oblige it to control itself." - James Madison
Principle 15 - The highest level of prosperity occurs when there is a free-market economy and a minimum of government regulations.
Prosperity depends upon a climate of wholesome stimulation with four basic freedoms in operation:
The Freedom to try.
The Freedom to buy.
The Freedom to sell.
The Freedom to fail.
This bailout and this government is violating the very founding principals of our republic. Our leaders should also remember the 11th Principle
Principle 11 - The majority of the people may alter or abolish a government which has become tyrannical.
"Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes ... but when a long train of abuses and usurpations ... evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security." - Thomas Jefferson in the Declaration of Independence
It is reaching that time. This seizure of power and violation of who and what we are is being contrived for a purely political power grab. All dictates and rules of the constitution are being tossed aside.
And it is no coincidence that this false crises is occurring right before an election.
Preamble to the constitution
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
Preamble to the bailout
To provide authority for the Federal Government to purchase certain types of troubled assets for the purpose of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, and for other purposes.
This is a seizure of power to empower pure government socialism.
Ha Ha Ha the Bill FAILED in the house!
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