On the
top-down "Bailout" scam...
(Trickle Down Economics,
Voodoo Economics, etc..)
Should we hand over 700 billion dollars, no questions asked?
Franklin Delano Roosevelt
understood that only a bottom-up bailout works...
Thomas Jefferson (Letter to
James Monroe,
January 1,
1815)
“If the American People ever allow the banks to control the issuance
of their currency, first by inflation and then by deflation, the
banks and corporations that will grow up around them will deprive
the people of all property until their children wake up homeless on
the continent their fathers occupied. The issuing power of money
should be taken from the bankers and restored to Congress and the
people to whom it belongs. I sincerely believe the
banking institutions
having the issuing power of money are more dangerous to liberty than
standing armies. We are completely saddled and bridled, and
the bank is so firmly mounted on us that we must go where they ill
guide.
The dominion which the banking institutions have obtained over the
minds of our citizens...must be broken, or it will break us.”
--------------------------------------------------------------------------------
Bankers Manifesto of 1892
We (the bankers) must proceed with caution and guard every move
made, for the lower order of people are already showing signs of
restless commotion. Prudence will therefore show a policy of
apparently yielding to the popular will until our plans are so far
consummated that we can declare our designs without fear of any
organized resistance. Organizations in the United States
should be carefully watched by our trusted men, and we must take
immediate steps to control these organizations in our interest or
disrupt them. At the coming Omaha convention to be held July
4, 1892, our men must attend and direct its movement or else there
will be set on foot such antagonism to our designs as may require
force to overcome. This at the present time would be
premature. We are not yet ready for such a crisis. Capital must
protect itself in every possible manner through combination
(conspiracy) and legislation. The courts must be called to our
aid, debts must be collected, bonds and mortgages foreclosed as
rapidly as possible. When, through the process of law, the
common people have lost their homes, they will be more tractable and
easily governed through the influence of the strong arm of the
government applied to a central power of imperial wealth under the
control of the leading financiers. People without homes will
not quarrel with their leaders. History repeats itself in regular
cycles. This truth is well known among our principal men who are
engaged in forming an imperialism of the world. While they are doing
this, the people must be kept in a state of political antagonism.
The question of tariff reform must be urged through the organization
known as the Democratic
Party, and the question of protection with the reciprocity
must be forced to view through the Republican
Party. By thus dividing voters, we can get them to
expend their energies in fighting over questions of no importance to
us, except as teachers to the common herd. Thus, by discrete
actions, we can secure all that has been so generously planned and
successfully accomplished.
Thursday, June 25, 2009 11:44 AM
It
is not difficult to cut to the chase. This is the same battle
Cheney has been fighting for the past eight years. Congress has the
power of the purse. Cheney wants it. If we hand over 700 billion
to the executive branch and allow them to control that purse without
effective oversight, then Cheney has his wish.
And the destruction of our nation is complete. We already lost the
rule of law, sacrificed the peace, and been sold down the river
to China... and now they want to hold us hostage while they steal
our wallet.
As
for the financial "crisis," it was unavoidable. If you
retroactively lower taxes on the richest of the rich, this leads to
bankruptcy, first of the US treasury and then every state in the
union. Then this fiscal insanity is followed up with a removal of
checks and balances.
Next comes a corporate occupation of choice which includes illegal
contracts supported with tax dollars and military lives... and we
must borrow all the money to do all of this. Predictably, this
house of cards fell. Studious ignorance is not policy.
History has shown that the best and brightest thing to do it LET IT
FALL. When we tried to rescue irresponsible investors before
the last depression, all we did was line the pockets of the
criminals who brought us to the brink. And it did nothing to fix the
problem. The only way we "fixed" the crisis was by investing in
America. I cannot believe so many are so willing for so long to
remain blind, deaf, dumb, and ignorant. History speaks but nobody
listens.
We
must remove the criminals at the helm and begin investing in job
creation at home to repair our infrastructure. Follow that up by
rebidding the illegal contracts in Iraq and remove our troops from
harm’s way while responsible contractors begin the real work of
recovery from the American war on Iraq.
If there is any "so-called" bailout, it should be a bailout of the
people who were duped and are losing their homes due to corporate
shenanigans over which they had no control. It is time to invest in
America and our people, not in transnational
corporations whose primary concern is their investments in India and
China.
We
should impeach, remove, prosecute, and give the criminals 40 years
to life for the treason they have committed through corruption and
incompetence. Don’t buy the bailout… instead put the
criminals where they belong and set their bail at 700 billion.
Tim