Are you as mad as i am? well we should be - but it also means we should be mad at ourselves at being complacent. My frient sent me this blurb and while i may not agree with it all it certainly makes for interesting conversation.
The Money Masters: How International Bankers Gained Control of America
"If the American people ever allow private banks to control the issue oftheir currency, first by inflation, then by deflation, the banks and thecorporations which grow up around them will deprive the people of all propertyuntil their children wake up homeless on the continent their fathersconquered." Thomas Jefferson.
"A great financial economist and historian called Michael Hudson talksabout how the US economy is basically fictitious, based on pretend earnings andpretend values. This will only genuinely become a crisis of capitalism whenpeople generally become aware that much of the growth and prosperity produced bycapitalism is a fiction, and if the consensus about where the real global valuelies shifts radically.
In other words, if people stop believing that apparently wealthy countries actually are producing wealth." Hari Kunzru, NovelistMay I FedEx YOU $50,000?
Whenever a Great Bipartisan Consensus is announced, and a compliant mediaassures everyone that the wondrous actions of our wise leaders are being takenfor our own good, you can know with absolute certainty that disaster is aboutto strike. The events of the past week are no exception. The bailout package that is about to be rammed down Congress throat isnot 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 ofever-greater debt liabilities they will have to shoulder.
Two weeks ago,financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Macmade 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 theconventional 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 inmortgage-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, burdenthe American people with it, and be subject to no one in the process. 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 initiallyindicated 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 findingsupport for the bailout at an anemic seven percent, some members of Congressare 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, andwhat kind of country we shall be. In liberty, Ron Paul
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