Stop all this madness! As citizens, we understand the crisis at hand, but we should not support a solution that consolidates power in the federal government as the only way to stave off a complete economic meltdown.
We should be urging Congress to slow down and consider the other free-market solutions that don’t march us off the cliff to socialism and bigger government, both of which I believe must be avoided at all costs; for if we do not, America is doomed to socialism and even bigger government; with ever bigger pork-barrel earmarks. Which means higher taxes for everybody, and that will led us into a depression.
We understand this is a complex issue. That’s why we needn’t rush into any solutions that could prove far more costly, in more ways than one, to our nation in the long run.
The FED (Democrats & Republicans) got us into this mess and now they want to get us out of it, but only if they can use it for “PORK’N”; hold on to your wallets. One TRILLON is only the beginning of what will be America’s final downfall. They are a bunch of hypocrites and traitors to the principles that makes America the greatest nation on earth. Many should go to jail or at least lose their job; still many more should resign; for they let this happen under their watch.
“WE THE PEOPLE” must take action and prevent this cure from becoming worse than the disease. For if we do nothing, we will have no one to blame but ourselves. Phone, fax, e-mail, write, and sound-off; let your elected officials at all levels of government know how you feel. Stand-up and fight for your liberty and freedom from a government for the few, at the expense of the many.
For Joe-Tax-Payer…to be required to pickup the total cost tab on this mess, is WRONG!!! Since when, do…2 WORNGS EQUAL RIGHT???
They should not try to quick-fix everything at once, (Republications & Democrats) should look at the following for starters and then go from there; based upon the reactions of the free-market:
- Abolish “All Pork-Barrel spending”
- Abolish all “Identity Politics” from our Financial Systems Legislation
- Abolish “The Community Reinvestment Act”
- Abolish “The Mark to Market Regulations”
- Abolish “The Bank Holding Company Act”
If they would do these things now a bailout may not be required, and even if a bailout is needed later, it certainly would not be $700 Billion. Once the crisis was over they could always introduce legislation to fix any problems. Abolishing old out-dated legislation will help Wall Street and the Economy. Creating new financial systems legislation for the 21st Century, without the “politics” can only help.
That said…No one wants to talk about who is most to blame for this financial crisis that now threatens the U.S. economy. It is much easier to blame others than to look into a mirror and see ourselves. We Americans have been living on borrowed money far too long. We need to pay-down our debts and save more.