I don't agree with not giving them the bailout.
Posted By: Backwards typist on 2008-11-16
In Reply to: Michigan will lose big time if no bailout - OldMT
I think part of the problem is that now the foreign car makers who have plants here want a piece of the pie if the big 3 get it. I think that's what is turning them off.
They should never have started this bailout crap. I was against it from the start. But do our lawmakers listen to us? Nope. They should have held a special election and let the people vote on it.
I think we need to start throwing out the guys who are not listening to their constiuents. A good wake up call might just straighten these jerks up.
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I don't agree with the bailout
We have some savings, but we still live paycheck-to-paycheck, not wanting to touch the savings. I really don't agree that we taxpayers should have to fund this. I think that the higher ups that walked away with 100s of thousands or even millions should have to pay for this. Charge them with fraud and make them give it back. I certainly don't feel I've put anyone in this situation and therefore don't feel I should have to pay for it.
Palin, the candidate that just keeps giving and giving...
x
what are you giving up?
What are some things that you and/or your family are giving up due to the high price of gas and now the rise in food prices? My family - just me and my husband now - buy 2 large packs of water at Sam's every 2 weeks and drink this, sometimes getting some crystal light or something to put in it. We eat a meal once a week and that's it. Needless to say - we are both losing weight. But to fill up his truck - that's $100 a week - even though he only works 3 days a week now - and I work at home - so I only go out twice a month - to a dr. appointment and then the second time to get the water.
I'm giving up
It is so hard to have a positive outlook on society anymore. I think I should have been born about 100 years ago. This country has no more morals, all people care about is political correctness and not stepping on anyone's toes. The God of this nation has been pushed out, and people want to know why kids are shooting each other. We have become so pompous we think we can take care of ourselves. I want to live in a time when women respected their bodies and didn't just give it up to anyone. Where rapist were few and far between because they would be hanged if caught. They couldn't wiggle their way out of the judicial system on a technicality. Where we didn't need welfare because neighbor helped neighbor and everyone worked hard and worked together. Where there wasn't an obesity problem because kids played outside from after school until "the street lamp came on". Where people knew God and had a relationship with him. Where "love thy neighbor" was not just a commandment, but an action.
At 22 years old, I wonder if there will be an USA when I'm 40? Is it possible for our nation to survive at the rapid rate of decline we are experiencing for 18 more years? I used to pray to Jesus to wait to come, knowing it was selfish, because I knew so many people who didn't know his love and were not saved, including my own parents, and it killed me to think that we may be separated eternally because of that. Now I just can't help but to pray that He comes soon. All these movies about a post apocalyptic United States don't seem so far fetched now, minus all the zombies that is. We have to wake up. We need to fall to our knees and beg God for forgiveness and beg him to come back to our nation. If you don't believe in Him or want to scoff at me for saying this, I am so sorry. I am so sorry that you do not know the love of Christ. I just hope you get to know Him before it's to late.
God help us.
Not particularly.....just giving
the board a good lookover before I go lie down.
Too many with no b*lls giving in to a few who believe
nm
For all those that think O is giving you a tax cut.....what
//
Bailout
"If the American people ever allow private banks to control the issue of our money, frist by inflation and then by deflation; the banks and corporations that will grow up around them (around the banks) will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered"
-President Thomas Jefferson
here's your bailout
I think that all the CEOs of the big three along with all their members of the board and whatnot, all the big wigs, that have made millions screwing people over for years and years should dip into their OWN pockets and sell a few houses, cancel a few vacations, cash in a few money markets and get their own companies out of debt. Then, when the books are balanced, the people who have been making 80,000 a year to push a button should take a pay cut and NOT go on strike and live like the rest of real America. Then they should be fine.
Bailout
if they fail, do you realize it would affect everyone. Millions of jobs in the auto industry alone. If people don't have jobs, they can't spend money anywhere. Stores will start to close, etc. It will affect everyone.
Bailout
I totally agree 1000% with your analysis - the only time these greedy CEO's give a hoot about us is when they see their profits increase. You can bet your last five cents that if one of us went to them asking for money - they would call the police!! It would be interesting to see the salaries of CEO's in Europe as opposed to what these guys continually fleece us for... 
About That First Bailout
Do you remember who told us "we had to act now or we might face dooms day (sic)" with all that bailout money? It was Hank Paulsen and George Bush. We may as well have flushed that first TARP payment down the toilet. There was no accountability, and no one knows where all that money went.
At least the present stimulus package has accountability built into it and some limits as to what can and can't be done with the money.
You are giving her credit for something
she will NEVER do. She will never unite the party. She will only go on and on and on until it is impossible for a democrat to win this year, making McCain the president. All she wants is to be president, and if Obama gets in there, she will have to wait until 2016 when she'll be going on age 68. She doesn't care about the country or the democratic party. All she cares about is power, not about anything but HER and Bill. Sad, but the truth.
Um, excuse me, since when did giving
intelligent, well thought-out replies and giving one's opinion constitute bullying?
Gimme a break. Sam has every right to be here and she brings a lot to this board. Maybe if those who bash follow her lead in effective posting, the atmosphere here would be shall I say more of a good debate than a circus?
No, he's just giving them HOPE. Something that
Get used to it. She's the story that just keeps on giving
there will be plenty more where that comes from.
Why are you being so mean to everyone giving the O in Obama a bad name!
nm
I am giving him a chance and I
know that this isn't a quick fix. I'm realistic enough to know Obama cannot wave a magic wand and make this all go away. I'm just saying that for a man who hasnt' been pres for a whole week......he has made a lot of promises already with 2 already broken. I'm not trying to get a lynching mob together. I just want to stay informed of what my president and the government is doing because I refuse to just assume they are making the right decisions. Holy crap people.....seriously! Xanax....try some.
You mean too many with brains giving in.
There is a big difference between intelligence and lack of cahones.
I was just giving figures from what they said.
Dont' burn me for that.
AIG - the gift that keeps on giving. sm
Beginning with the first bailout under the Bush administration, and accelerating apace (which one wouldn't have thought possible) under Obama, the ineptitude in dealing with every aspect of the current economic problems is simpy staggering.
This ineptitude includes both Presidents, both Treasury secretaries, the man who was/is Fed chairman under both Presidents(Bernanke), Congress, and regulatory agencies such as the SEC and FDIC.
Consider this interesting little fact: It has taken six months for the Ethics Committee to investigate some fairly simple charges of financial misconduct by Charlie Rangel, but Congress can pass three major bills, two of which were so large they couldn't be read by anyone, in a matter of a few days (and in the case of the third bill which unconstitutionally taxes AIG bonuses, in just one day).
My dear friends, this country is in trouble. The government is behaving impulsively and has, in my long life, never before been in such a state of disarray. Our response to the financial crisis is beginning to look like nothing so exquisitely as a Chinese fire drill.
We are apparently determined to prove to the world that we're going to make a pig's breakfast out of this crisis, but hey...at least we did it fast!
Impulsive and reckless government - THAT is what the American people (and the world) are seeing, and THAT is what I believe is beginning to frighten us even more than the economic crisis itself.
the bailout IS making
the US a socialist country - compliments of your beloved GWB and McPalin. congratulations you got your wish.
No Bailout for the rich
Say no to the bailout. The FBI is investigating all of these companies for criminal mortgage fraud.
Why the rush for the bailout
There Is No Crisis--Summary by: Chris BowersTue Sep 23, 2008 at 16:22
Things are getting a little suspicious about this crisis.
1) Why did the Bush administration suddenly declare a crisis during the final two weeks when Congress would be in session during his presidency? Is it maybe because, after the election, Congress would know it wasn't dealing with Bush anymore?
2) If this is such a sudden crisis, why is it that the Bush administration was drawing up the plan for this bill for months beforehand?
3) Why is it that Congress is supposed to bail out many banks and firms that are actually quite successful and profitable right now, and not just those that are failing?
4) Why is Paulson blatantly lying to Congress about oversight?
5) Where did the $700 billion figure come from?
6) Why is Paulson urging that debate on the matter be held after the legislation is passed?The burden of proof should always be placed on those who are demanding a huge government bailout, not upon those who are skeptical that one is needed. And yet the questions keep mounting, with no answers in sight.
I am not saying that there is no need for government intervention. I am saying that the case for a $700 billion bailout is far from having been made. Until the case is made, there is no need to go forward. We will elect a new President in 42 days. We swear in a new Congress in 103 days. What is the rush? Why does this all of a sudden need to be done while the Bush administration is still in charge? The case hasn't been made, and answers are slow in coming, if they come at all. Chris Bowers :: There Is No Crisis--Summary
only 24% of us support the bailout
Yesterday it was reported only 24% of Americans support the bailout, 56% are opposed so 20% have no opinion. Senators' and reps' offices were flooded with calls and emails all day asking that the bailout be opposed. And I was one of those. Everyone should be contacting their own reps to express their opinions. That's they only way they will know what the people want.
Yes, and how about the bailout, ACORN, and
nm
Well.....look at it this way....if they don't push this bailout...
there are folks who know "where the bodies are buried." There is probably so much we DON'T know about all this...and yes, it is disgusting. Dodd and Frank, if they had an ounce of integrity, would apologize to the American people and resign. Pelosi, if SHE had an ounce of integrity, would demand it. So far John McCain is the ONLY one who has said someone should resign, and that was Christopher Cox, the Republican head of the SEC. He SHOULD resign. So should the treasury secretary, Paulson. Every member of that committee that voted back in 2006 to kill the bill McCain co-sponsored should resign. They should all be investigated criminally as well as far as I am concerned. I know the FBI is looking at Fannie/Freddie but talk about a day late and dollar short after Raines, Johnson, Howard, and Gorelick raped the American public for millions.
You're right. They should ALL have to go and start over.
SNL skit on the bailout. sm
Funny but sad because it is true.
http://www.hulu.com/watch/37758/saturday-night-live-c-span-bailout#s-p1-st-i1
TheSmokingGun/bailout
http://www.thesmokinggun.com/archive/years/2008/1007083aig1.html
AIG spa trip, right after gov. bailout approved. This is disgusting.
Not a bailout, entirely voluntary (nm
x
I think we MT's need a bonus and a bailout!
nm
Again, I don't think the problem is the bailout itself, (sm)
but rather the way it's used, which right now leaves a lot to be desired. As far as the rest of the country being screwed, well that's coming either way. We have 2 choices--we can either do nothing, lose millions of jobs and go into a full-blown depression; or we can take a chance with bailing them out (preferably with stipulations) and owe a lot of money. I think my preference would be to pay more taxes if need be, but still have a job so I could feed my family instead of not being able to do either of the above.
But, the first bailout passed because
the dems had the majority of votes. Am I right or did I lose my mind? DON"T ANSWER THAT QUESTION, PLEASE. LOL
No, the administrator is not giving me any information, nor would I ask. sm
I made a rejoiner when you once again accused me of something I didn't do (see above posts). Have you got all the meat off this bone yet!
Very sad. Our soldiers are giving their lives....sm
and they are coming home severly injured to less than adequate medical care after excellent care in the field, no psychological counseling, no support for their families, deplorable living conditions, and on and on. I believe this war is wrong but support the troops 100%. Disgraceful!
Okay, now those of who make $50,000 are giving to those who won't work
Every year at tax time, I have to pay more taxes, more taxes, more taxes. Every year at tax time, my friends and family members who make less than me get back these huge checks of 3, 4, and 5 thousand dollars because of earned income - did they earn that money? No, it is coming out of our checks to give to them. Can't ya'll see that is the way it works now, but it is not just the people with a lot of money giving it? It is us - the middle class!
First of all, there is nothing wrong with giving money...sm
to an organization to get out the vote. The trouble is there was no oversight by ACORN to ensure that the registrations to vote were legit.
Not ignorant, just giving a truism. nm
m
Sorry, I don't feel like giving him a break.
He has trampled the Constitution, declared himself to be the "decider," started a war in a country that did nothing to provoke it, run this country into the ground while making his good friends on Wall Street richer. And let's not forget his "boss," D*ck Cheney. (Well I'll be danged, I had to take the "i" out of his name as when I went to submit the post it said it was a bad word.) LOL Bush had his chance at a "break." I gave him 2 thumbs up after his speech following 9/11 and he blew it and that was just the beginning of his blowing everything that he came in contact with. Sorry...Bush has already had his break from me and he gets no more. I'd be happy to buy him a 1 way bus ticket back to Texas myself....assuming Texas wants him, which I seriously doubt.
Obama I will give a break and if he doesn't hold up to what he has said he will do I'll be all over him like ugly on an ape all over this board and any other one I can find.
So giving tax breaks & loopholes to the
ultra-wealthy top few percent & the corporations, and incentives to offshore, (the republican way), thereby putting us in the economic crisis that we're in right now & during the Great Depression is really a great plan that works so well... NOT. It took a Democrat to un-do the republican mess during the Great Depression, and it's going to take a Democrat now to un-do Bush's economic nightmare he's created for us. Time and time again, every republican creates a recession and/or depression, and we have a thriving economy under Democrats, and I can understand corporations and ultra-rich people voting republican, but I have no respect for any working person who votes republican because they're just not bothering to pay attention. And thanks a lot for the Bush nightmare by the way.
She should be giving interview and she is most certainly is not "whining"
I don't agree with you on this one. I just watched different news stations and all say pretty much the same thing. They are saying at least she is not playing the victim like HC did with her phony crying episodes and the poor me they're picking on me because blah, blah, blah.
Gov. Palin should be giving interviews (just like Kerry and Edwards did after the last election). The public also deserves the right to know how she was treated. Whether you like her or not the truth is she was treated most unfairly and disrespectfully. She's not whining about it. In fact time and time again she has said she has a tough skin and you don't make it in politics by having a thin skin. You take the rolls with the punches and you just keep going. She said it takes a lot more than what has been dealt to her to make her want to quit. You can't let yourself get beaten down. Did she do well during the Couric interview? No she did not. I heard a news reporter on MSNBC say afterward that to be totally fair you could see she was quite nervous. Were there questions she should have known the answer to, you bet there was, but in all fairness she should have never agreed to be interviewed by Katie Couric, who was most definitely one out to destroy her. There are plenty of reporters who are fair that could have treated her respectfully. Katie Couric did not and Katie Couric even admitted to meeting with someone to "bone up" on how to make an interviewee look bad. Did the news media treat her unfairly through the election. Most certainly. And they are still doing it. Did they treat the democrat woman (HC) differently than the republican woman (SP) you bet. I watched it every day. Is Caroline Kennedy being treated differently, My gosh do you even have to ask that question? Caroline Kennedy (whom the media is calling Princess Caroline) is being treated like royalty by the media. I don't know why because the Kennedy's are not royalty. But the media has always treated them that way. We all know that if Gov. Palin was running on the democrat ticket she would have been treated with grace and dignity. The media is in love with the democratic party and have wanted to destroy the republicans for a long time (Olberman, Maddow, Matthews, CNN, etc). They had their hay-day and had a blast doing it, while at the same time poo-pooing the poor me, everyone is picking on us routine. I think it's time America deserved the truth. I'm not saying the media lost the election for the republicans because they didn't. John McCain/GOP did that all by themselves himself (and without the help of Sarah Palin). But the media's love affair with Barack and the democrats were so blatanly obvious it was sickening. I watched the interviews. Never did I see Barack or Hillary get the kind of questions they gave to McCain and Palin and it was so obvious after awhile I just lost interest. Which by the way it was interesting to see the media never interviewed Biden or covered him the way they did Palin. The news media knew not to interview the next VP because he would certainly say something that would screw up their chances, but yet they went after the republican VP candidate. So once again another display of how unfairly the media treated certain people.
I will most definitely watch the interview. I think Sarah Palin is a fine person and I hope to see more of her, but in honesty after what the political rape of Sarah Palin and what the media and public has done to her and her family I wouldn't blame her not going through the witch hunt/inquisition again.
Well, giving Obama an 80% approval before
nm
The thing is you're not giving him
I agree, we were brutally raped by the last adminstration and I am also wary, but for crying out loud, you are making these statements after less than a week in office. You can't justify that by saying you're "keeping an eye" on the government? If that statement is true, then you have to give the man a REASONABLE amount of time to implement his agenda. The engine hasn't even cooled down on the moving trucks yet. Don't be unrealistic, you lose credibility that way.
I don't think giving NASA more money
or increasing WELFARE or "honey bee insurance" creates job. None of these items belong in a stimulus package. It belongs in a BUDGET, not STIMULUS.
That's what some people can't understand. There are over 600 pages in this package and hardly anything helps the people.
You are giving the Republicans WAY too much credit.. sm
Clinton was the one who started the Fannie Mae/Freddie Mac fiasco by "helping" folks who couldn't afford a house to have one. Bush called for reforming FM/FM, but the Democrats fought him down on that one, with Barney Frank leading the charge saying that they were not in trouble.
Now with Obama leading the way to financial disaster for the US with his frantic spending, you just can't lay this all at the door of the Republicans.
Personally, I think both parties are flawed and there needs to be a thorough housecleaning, starting at the top, but I don't know if there is anyone left in this country, even T. Boone Pickens or H. Ross Perot, who could straighten this mess out.
Let me say that I hate giving up my money too, but -
I agree with the OP. I feel like everyone is getting really mad about it and all along nobody has been saying anything or doing anything, but now that Obama is President everyone is fussing like it is something he just started.
I hate turning over 25% of my check to somebody I don't know every week... I hate the fact that I bust my butt and barely get by and my friends have it great because they get EIC of 6000-7000 a year and no money held out of their check for taxes during the year, therefore making their $10 an hour equal to/or surpassing my $20 an hour.
I hate that we pay thousands of dollars every month to schools to teach our chidren and the teachers are not teaching them and are making $50-75,000 a year for doing not much more than babysitting! I hate that we have 6 teachers in our small county that they made them a job because they had money to spend and all they do is go to workshops to come back and tell the other teachers what they should be doing - that they never do.
I hate that we are using schools as babysitters for handicapped children who cannot learn in any way and yet they are "entitled" to an education, and therefore that money cannot be spent on things that the other children need... I'm sorry if that steps on some toes, but school is not the place for some of these kids that get sent there. If you want specific examples of the children I am talking about - God love them - I will provide them to you. If a child can learn even basics, then I say send him to school and let him learn as much as he can to help his/her, but a child who is deaf, blind, severely mentally retarded, has constant seizures, wears diapers at 10 years old, and has to be restrained into a wheelchair and by law has to have 2 paraprofessionals assigned to just them all day does not belong in a public school. Don't you think that is wasting our tax money?
I hate that I am killing myself to pay taxes and the politicians are not paying them and nobody is doing a darn thing about it...
Want me to go on about the things I hate - I am just like you all. I just think you are mad at the wrong people.
If a program is in place and you meet the guidelines to utilize the program, I don't blame anybody for using it. I don't care what it is. Lots of people have paid into the system and are just getting back some of what they are entitled to. Believe me, right now, if I could get foodstamps, I would be right there getting them; at least that way I would be able to stay in my home and not have to worry each month about where my rent is coming from.
you are the kind giving Christians a bad name
How hypocritical can you be? This is not God's work and any Christian would know it.
Bailout dies in Senate.........sm
It's over, at least for this year. I don't know, and the article did not state, whether there will be more talks after the first of the year.
http://www.reuters.com/article/topNews/idUSTRE4B50CL20081212?feedType=RSS&feedName=topNews
I have some ideas about auto bailout
Let the oil companies bail them out since they directly benefited from some of the bad management decisions.
Don't bail out the companies. Give the money to the workers for re-education, etc., while the auto companies restructure.
My first suggestion was a little cynical, but I'm not sure why the second hasn't occurred to anyone. ...
A little satire about the bailout scam. sm
A sense of humor can help in stressful times.
From The Nation to the nation:
"Dear Lucky American:
I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.
I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.
I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.
This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.
Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.
Yours Faithfully Minister of Treasury Paulson"
Bailout as a Nigerian Request for Help
Ron Paul's comments on the bailout. sm
Dr. No is still working for us in Congress.
Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy - all the capital misallocation, all the malinvestment - and prevent the market's attempt to re-establish rational pricing of houses and other assets.
Last night the president addressed the nation about the financial crisis. There is no point in going through his remarks line by line, since I'd only be repeating what I've been saying over and over - not just for the past several days, but for years and even decades.
Still, at least a few observations are necessary.
The president assures us that his administration "is working with Congress to address the root cause behind much of the instability in our markets." Care to take a guess at whether the Federal Reserve and its money creation spree were even mentioned?
We are told that "low interest rates" led to excessive borrowing, but we are not told how these low interest rates came about. They were a deliberate policy of the Federal Reserve. As always, artificially low interest rates distort the market. Entrepreneurs engage in malinvestments - investments that do not make sense in light of current resource availability, that occur in more temporally remote stages of the capital structure than the pattern of consumer demand can support, and that would not have been made at all if the interest rate had been permitted to tell the truth instead of being toyed with by the Fed.
Not a word about any of that, of course, because Americans might then discover how the great wise men in Washington caused this great debacle. Better to keep scapegoating the mortgage industry or "wildcat capitalism" (as if we actually have a pure free market!).
Speaking about Fannie Mae and Freddie Mac, the president said: "Because these companies were chartered by Congress, many believed they were guaranteed by the federal government. This allowed them to borrow enormous sums of money, fuel the market for questionable investments, and put our financial system at risk."
Doesn't that prove the foolishness of chartering Fannie and Freddie in the first place? Doesn't that suggest that maybe, just maybe, government may have contributed to this mess? And of course, by bailing out Fannie and Freddie, hasn't the federal government shown that the "many" who "believed they were guaranteed by the federal government" were in fact correct?
Then come the scare tactics. If we don't give dictatorial powers to the Treasury Secretary "the stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet." Left unsaid, naturally, is that with the bailout and all the money and credit that must be produced out of thin air to fund it, the value of your retirement account will drop anyway, because the value of the dollar will suffer a precipitous decline. As for home prices, they are obviously much too high, and supply and demand cannot equilibrate if government insists on propping them up.
It's the same destructive strategy that government tried during the Great Depression: prop up prices at all costs. The Depression went on for over a decade. On the other hand, when liquidation was allowed to occur in the equally devastating downturn of 1921, the economy recovered within less than a year.
The president also tells us that Senators McCain and Obama will join him at the White House today in order to figure out how to get the bipartisan bailout passed. The two senators would do their country much more good if they stayed on the campaign trail debating who the bigger celebrity is, or whatever it is that occupies their attention these days.
F.A. Hayek won the Nobel Prize for showing how central banks' manipulation of interest rates creates the boom-bust cycle with which we are sadly familiar. In 1932, in the depths of the Great Depression, he described the foolish policies being pursued in his day - and which are being proposed, just as destructively, in our own:
Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom during the last three years, all conceivable means have been used to prevent that readjustment from taking place; and one of these means, which has been repeatedly tried though without success, from the earliest to the most recent stages of depression, has been this deliberate policy of credit expansion.
To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection - a procedure that can only lead to a much more severe crisis as soon as the credit expansion comes to an end... It is probably to this experiment, together with the attempts to prevent liquidation once the crisis had come, that we owe the exceptional severity and duration of the depression.
The only thing we learn from history, I am afraid, is that we do not learn from history.
The very people who have spent the past several years assuring us that the economy is fundamentally sound, and who themselves foolishly cheered the extension of all these novel kinds of mortgages, are the ones who now claim to be the experts who will restore prosperity! Just how spectacularly wrong, how utterly without a clue, does someone have to be before his expert status is called into question?
Oh, and did you notice that the bailout is now being called a "rescue plan"? I guess "bailout" wasn't sitting too well with the American people.
The very people who with somber faces tell us of their deep concern for the spread of democracy around the world are the ones most insistent on forcing a bill through Congress that the American people overwhelmingly oppose. The very fact that some of you seem to think you're supposed to have a voice in all this actually seems to annoy them.
I continue to urge you to contact your representatives and give them a piece of your mind. I myself am doing everything I can to promote the correct point of view on the crisis. Be sure also to educate yourselves on these subjects - the Campaign for Liberty blog is an excellent place to start. Read the posts, ask questions in the comment section, and learn.
H.G. Wells once said that civilization was in a race between education and catastrophe. Let us learn the truth and spread it as far and wide as our circumstances allow. For the truth is the greatest weapon we have.
In liberty,
Ron Paul
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