Maybe Washington's to Blame?!?

[SOCALHUSKER]

I am not a Nobel-winning economist or even a ranking politician, but as an

American watching the recent financial crisis and the political hoopla

surrounding the proposed bailouts, I can't help but sense that the

hardworking American people are once again getting the shaft. How is it that

Washington's solution to every problem we face in this country is to create

more bureaucracy, spend more money, suspend liberties and somehow dupe the

American people into thinking that the government is looking out for our

best interest?

 

The President, the Secretary of the Treasury, the Federal Reserve Chairman,

and the leadership in Congress would like the American people to believe

that their solution to this crisis, bailing out financial institutions that

got caught up in the quick, easy money scheme of mortgage-backed securities,

is the only viable solution. The grave alternative of "doing nothing" they

say, would be far worse!! Is it too much to fathom that maybe the

government, their corrupt programs, their irresponsible and out-of-control

spending, their overregulation, and their blatant disregard for the

Constitution might have something to do with the problems we face in this

country today?

 

Yes, contrary to what the government would have you believe, there are

alternatives to the financial crisis we face. Sure, there will be tough

times in the beginning, for we really have royally screwed up our economy,

but we can fix our problems without creating more severe ones in the long

run. Those who created this mess need to be held responsible, companies need

to go bankrupt and people need to lose money. That's the way the market

works. If something is overpriced the market adjusts and prices come down,

if that means people losing money, so be it. Creating more debt, stealing

from the taxpayers, and applying a band-aid to a broken system is not going

to fix the problem. The enormous debt we will have incurred, by doling out

trillions for the bailouts, has got to come from somewhere. Either the

Federal Reserve will continue to print money out of thin air or we will be

forced to borrow from the Chinese, if they will even let us. Either way,

inflation will rise, the dollar will collapse, disaster will ensue and we

will be far worse off then we would have been if we had just fixed the

economical problems to begin with.

 

Throughout history the fiat currency system, the one used in this country,

has been tried by many civilizations. It has proven to be a failure time and

time again but yet we continue to use it. Money backed by a government's

guarantee is worthless, with only the force and fear of the government to

stabilize it. Our paper-based money has no real value and unless it is

backed by something, such as gold or silver, it will eventually be seen for

what it is worth, which is nothing, and the economy will collapse. Many have

tried to manipulate the system to benefit themselves, but in the end the

market always wins and those who bet on the paper lose, and lose everything.

In our country we have those who feel like they are smarter than the market,

the Federal Reserve Chairman Bernanke and Treasury Secretary Paulson are

prime examples, and they will gamble just about everything to try and prove

to us they are right. By lowering interest rates, subsidizing and regulating

markets, fixing prices and using other manipulative tactics those who try to

fool the market are as much to blame for our current financial crisis as

those who invested irresponsibly or those who bought homes they could not

afford. Does it make sense to listen to the solutions and advice when it

comes from the same people who created the mess to begin with? How many

times are we going to let them take what is ours, as they try to conquer

something that cannot be beat?

 

The United States was founded on free market principles and over the years

we have slowly turned away and gravitated towards a centrally planned,

socialist society that is being run by our banking institutions. The

founders, particularly Thomas Jefferson warned against this when he stated,

"I believe that banking institutions are more dangerous to our liberties

than standing armies. If the American people ever allow private banks to

control the issue of their currency, first by inflation, then by deflation,

the banks and corporations that will grow up around [the banks] will deprive

the people of all property until their children wake-up homeless on the

continent their fathers conquered. The issuing power should be taken from

the banks and restored to the people, to whom it properly belongs." In order

to begin to restore the power to the people, we need to return to the free

market principles that made this country the bastion of freedom. For

starters, we should call upon Congress to repeal the Federal Reserve Act,

abolish the Fed and return to sound money and a currency that maintains

value without the inflationary tax that has plagued this country since the

Fed's creation. This would be a giant step in the right direction, but

there are also many other steps we need to take to correct our current

situation.

 

One of the main reasons we find ourselves in this predicament is the out of

control spending that plagues our government and many of our citizens. The

saying "those who live beyond their means will always live beneath their

means" wasn't voiced because it is false. America has been spending beyond

its means for years and the tab is finally being placed on the table.

Americans needs to take a look around; add up how much money we spend on

foreign aid and using our military to police the world. Wouldn't that money

be better spent protecting our own borders and helping our own poor? How do

we explain the trillions of taxpayer's dollars flowing towards foreign

countries, many of whom are our "sworn" enemies, when we have plenty of

things we could be spending the money on here at home. We need elected

leaders willing to put America first, reel in our foreign spending, bring

home our troops from missions that don't pertain to our national security,

and repeal laws that infringe upon the liberties and freedoms granted to

every American by the Constitution.

 

Sure it's a shame that some people will lose money when the

financial markets collapse, and indeed they will, but the real travesty is

that hardworking, taxpaying, American people are being robbed through "fear"

in order to pad the coffers of inept executives. We are being sold a line of

goods about the consequences of not playing along, by the same people who

created the mess to begin with. If you choose to believe them, then may God

be with you and I wish you the best!! I on the other hand, believe that

there are alternatives to this crisis. I believe that if we returned to the

free market principles and sound money this country was founded on, reel in

our out-of-control spending, bring home our troops from policing of the

world, and elect officials who will follow the rule of law as it is outlined

in the Constitution we can emerge from this crisis triumphant, free and

prosperous. This bleeding from the crisis can't be solved by placing a band-aid over a

amputated limb like Washington would have you believe. We need serious

change and it needs to come from you and I..

 

Please contact your representatives and senators, let them know you care

about the direction of this country and that you don't support the immoral

bailouts that require Congress and the Fed to steal from the American

people. A complete overhaul must be made and we can start by electing the

officials who will look out for the well being of Americans. Let your

Congressman or woman know that if they support the bailouts, you won't be

supporting them and you will do everything in your power to make sure they

never see another term in office again. Long live the American republic!!

 

Your friend in restoring the republic,

SOCALHUSKER

[BIGREDIOWAN]

WOW!!!! Well said, I look at it this way.................if I had a business and it was failing would the government bail me out? NO DAMN WAY WOULD THEY BAIL ME OUT! I say let these companies fail because they are in trouble due to poor business practices and the taxpayers shouldn't be responsible for their screw ups. We are already in an outstanding deficit so why in gods name should we add to that deficit with a $700 billion bailout plan. This just shows that we have a nut in a power of position and should let everyone know how important this presidential election is with picking the right candidate whoever you think that might be. Party lines shouldn't be your main factor in who you decide on and if it is you are making a huge mistake. Pick the right candidate not the one who is red or blue.

[SOCALHUSKER]

WOW!!!! Well said, I look at it this way.................if I had a business and it was failing would the government bail me out? NO DAMN WAY WOULD THEY BAIL ME OUT! I say let these companies fail because they are in trouble due to poor business practices and the taxpayers shouldn't be responsible for their screw ups. We are already in an outstanding deficit so why in gods name should we add to that deficit with a $700 billion bailout plan. This just shows that we have a nut in a power of position and should let everyone know how important this presidential election is with picking the right candidate whoever you think that might be. Party lines shouldn't be your main factor in who you decide on and if it is you are making a huge mistake. Pick the right candidate not the one who is red or blue.

 

Yeah, I don't think either of the mainstream candidates reflect my stance or values on any of the issues. The way I see it, Obama's a socialist and McCain's a facist, both argue for the same thing just two different ways without looking at the real issues and either way we lose. I was a registered Republican, but these days neither party seems care about the Constitution, our personal liberties, our National Sovereignty, free trade or the prosperity of our country. 'Tis a very sad day!!

 

I might even bypass the Presidential vote altogether during the November election and just make sure my voice is heard through Congress. The way I see it, the people the most accountable to us are our reps right, isn't that what Congress is for? If we can at least get that right, that's a start!!

[SOCALHUSKER]

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