Author Topic: Americans Must Fight to Remain Free.....?  (Read 620 times)

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TM7

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Americans Must Fight to Remain Free.....?
« on: September 28, 2008, 05:18:17 AM »
Now I understand what Mitt Romney was talking about when praising the "magic of the markets"....the 'magic' is your money disappears and you don't know how and where it went..!

FYI from RP......TM7

To preserve their [the people's] independence, we must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty, or profusion and servitude" - Thomas Jefferson


Time Is Running Out -
From Ron Paul
9-25-8

Dear Friends,
 
Whenever a Great Bipartisan Consensus is announced, and a compliant  media assures everyone that the wondrous actions of our wise leaders  are being taken for our own good, you can know with absolute  certainty that disaster is about to strike.
 
The events of the past week are no exception.
 
The bailout package that is about to be rammed down Congress' throat  is not just economically foolish. It is downright sinister. It makes  a mockery of our Constitution, which our leaders should never again  bother pretending is still in effect. It promises the American people  a never-ending nightmare of ever-greater debt liabilities they will  have to shoulder. Two weeks ago, financial analyst Jim Rogers said  the bailout of Fannie Mae and Freddie Mac made America more communist  than China! "This is welfare for the rich," he said. "This is  socialism for the rich. It's bailing out the financiers, the banks,  the Wall Streeters."
 
That describes the current bailout package to a T. And we're being  told it's unavoidable.
 
The claim that the market caused all this is so staggeringly foolish  that only politicians and the media could pretend to believe it. But  that has become the conventional wisdom, with the desired result that  those responsible for the credit bubble and its predictable  consequences - predictable, that is, to those who understand sound,  Austrian economics - are being let off the hook. The Federal Reserve  System is actually positioning itself as the savior, rather than the  culprit, in this mess!
 
* The Treasury Secretary is authorized to purchase up to $700 billion  in mortgage-related assets at any one time. That means $700 billion  is only the very beginning of what will hit us.
 
* Financial institutions are "designated as financial agents of the  Government." This is the New Deal to end all New Deals.
 
* Then there's this: "Decisions by the Secretary pursuant to the  authority of this Act are non-reviewable and committed to agency  discretion, and may not be reviewed by any court of law or any  administrative agency." Translation: the Secretary can buy up  whatever junk debt he wants to, burden the American people with it,  and be subject to no one in the process. [i.e. fascist corporatocracy..TM7]
 
There goes your country.
 
Even some so-called free-market economists are calling all this  "sadly necessary." Sad, yes. Necessary? Don't make me laugh.
 
Our one-party system is complicit in yet another crime against the  American people. The two major party candidates for president  themselves initially indicated their strong support for bailouts of  this kind - another example of the big choice we're supposedly  presented with this November: yes or yes. Now, with a backlash  brewing, they're not quite sure what their views are. A sad display,  really.
 
Although the present bailout package is almost certainly not the end  of the political atrocities we'll witness in connection with the  crisis, time is short. Congress may vote as soon as tomorrow. With a  Rasmussen poll finding support for the bailout at an anemic seven  percent, some members of Congress are afraid to vote for it. Call  them! Let them hear from you! Tell them you will never vote for  anyone who supports this atrocity.
 
The issue boils down to this: do we care about freedom? Do we care  about responsibility and accountability? Do we care that our  government and media have been bought and paid for? Do we care that  average Americans are about to be looted in order to subsidize the  fattest of cats on Wall Street and in government? Do we care?
 
When the chips are down, will we stand up and fight, even if it means  standing up against every stripe of fashionable opinion in politics  and the media?
 
Times like these have a way of telling us what kind of a people we  are, and what kind of country we shall be.
 
In liberty,
 
Ron Paul 

Offline ms

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Offline jcn59

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Re: Americans Must Fight to Remain Free.....?
« Reply #2 on: September 28, 2008, 03:33:02 PM »
Every one of us should immediately be sending an Email in protest of this debacle to our congressmen.

I know I did.  How about
YOU ?
Vote them all out, EVERY election!
 
Does anyone remember the scene from "Quigley Down Under" showing the aborigines lined up on the skyline as far as you could see?   That needs to be US!
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Offline BBF

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  • I feel much better now knowing it will get worse.
Re: Americans Must Fight to Remain Free.....?
« Reply #3 on: September 30, 2008, 05:33:00 AM »
this is similar to the comprehensive immigration circus. The citizen say  NO, it gets voted down in congress umpteen times  but somehow it gets put back into something else piecemeal or slightly modified. If a number of Reps. weren't up for re-election this fall it would have passed.

btw. apparently the $ amount of the bailout was just a BIG NUMBER picked by the Treasury, they have no hard facts of why they needed that particular amount.
What is the point of Life if you can't have fun.

Offline Swampman

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Re: Americans Must Fight to Remain Free.....?
« Reply #4 on: September 30, 2008, 06:23:21 AM »
Famous Last Words

"This ship is unsinkable, no need for action."

Capt......S.S. Titanic
"Brother, you say there is but one way to worship and serve the Great Spirit. If there is but one religion, why do you white people differ so much about it? Why not all agreed, as you can all read the Book?" Sogoyewapha, "Red Jacket" - Senaca

1st Special Operations Wing 1975-1983
919th Special Operations Wing  1983-1985 1993-1994

"Manus haec inimica tyrannis / Ense petit placidam sub libertate quietem" ~Algernon Sidney~

Offline pab1

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Re: Americans Must Fight to Remain Free.....?
« Reply #5 on: September 30, 2008, 09:43:55 AM »
btw. apparently the $ amount of the bailout was just a BIG NUMBER picked by the Treasury, they have no hard facts of why they needed that particular amount.

Thats exactly what it is. Here is the quote and a link to the article it cam from.

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."   


Here is a link to the article:
http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html
"If there must be trouble, let it be in my day, that my child may have peace. "
Thomas Paine