Read this and tell me if you dissagree (you better have a good reason if you think you do)!!
The following was an email I recieved.
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Wednesday, September 24, 2008
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.
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
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Political Advertisement paid for by Committee to Re-Elect Ron Paul
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If you still don't believe me, then read this other mail I recieved...
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Dear American Taxpayer,
Like most Americans, I'm sure you were glued to the news about the "financial crisis" and the government's "fix" for the problem. You probably heard that the government was going to come in and save the mortgage industry by bailing out failing corporations. And, you probably heard both Barack Obama and John McCain say that this bailout was necessary, and good for the economy.
What you probably didn't hear was that it was going to cost up to $1 trillion dollars, and you were responsible for this money.
"American taxpayers will come up with the money," says the New York Times.
Such a number is hard to conceptualize if you're not the government. So, in order to show you just how much $1 trillion dollars really is, we've put together these figures:
One trillion dollars ($1,000,000,000,000) is enough money:
To buy everybody living in Los Angeles at least one Lamborghini Gallardo.
To buy 88,052, 394' custom mega yachts; enough to stretch around ¼ of the world.
To buy everyone living in Belize and Malta a Manhattan apartment.
To get half of the Democratic Party into a fundraiser for Barack Obama at the $28,500 admission price.
To give one out of every two men in the United States a Men's Presidential Rolex watch.
To buy every woman in the United States a Tiffany Diamond Starfish Pendant.
To get two Mitsubishi 73" HDTVs for every household in America.
To buy four copies of The Office: Season Four on DVD, to every person on earth.
To send everybody in America on an all-inclusive vacation to Tahiti (and some people can stay a few extra days).
AND…
$1 trillion is enough money for everyone in Buffalo, NY to buy their own 65-acre island in Panama.
This is how much the government is going to cost you (roughly $3,278 for every man, woman and child in the United States).
Barack Obama is for it. John McCain is for it.
But, Bob Barr and Libertarian Party are against it.
"No one voted to pour taxpayer funds into Wall Street," says Bob Barr, the Libertarian Party's presidential nominee, "and no one voted for the government to take over an insurance company. If the Federal Reserve can spend as much money as it desires to bail out any company that it desires, is there anything that it cannot do with taxpayer funds?”
Who are you supporting this November?
The two parties who are asking you to pick up the tab for the mistakes of Wall Street? Or, the Libertarian Party, who says YOU, the taxpayer, should not be on the hook for America's mortgage crisis.
Please consider supporting the Libertarian Party today, so that we may be able to raise the alarm about this dangerous road the Republicans and Democrats have put us on.
When Barack Obama and John McCain come together to bail out these companies with YOUR money, you need a party and a candidate who says ENOUGH IS ENOUGH!
Send a message to Republicans and Democrats that you will no longer support individuals who think you're responsible for the mistakes of Wall Street.
Send a message to the only political party willing to stand up for you.
Send a message that you're ready for change.
Live free,
Andrew Davis
Director of Communications
Libertarian Party
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