Protect the American Taxpayer
When selfish politicians are done bailing out mismanaged big banks with 750 billion of taxpayers money the American public will wake up one morning and realize what has been done to them. They never will forgive those that voted yes on the biggest giveaway in American history. The problem could have been solved with an organized bankruptcy of the losers in their big game of chance. But it was more profitable to the financial portfolios of many congressmen to provide a handout to rich friends in the banking business. Lets hope that this bill is rejected by conscientious servers of the public interest.
Published by MP
- The Debate on ImmigrationThe subject of immigration is a very touchy subject with many people, no matter which side of the debate you fall on. One of the major hurdles that we must overcome is the language
- The Immorality of Government Tsunami ReliefThe "solution" of government disaster relief may, indeed, aggravate the problems caused by the disaster further by damaging giver and receiver alike.
- Government is Turning Your Private Information Over to the PublicSupport S. 3887, which would stop IRS from using private collection agengies, by writing to your senator. Follow this link for a letter to your senator(s):
http://capwiz.com/nteu/issues/alert/?alertid=9009491&type=CO - The Legalization of DrugsLegalizing drugs may just be a good idea. This paper suggests a few reasons why Americans should consider legalizing drugs.
- Bear Stearns Buyout is Corporate WelfareThe sub-prime mortgage mess should be cleaned up by its creators, not the American taxpayer.
- American Revolution Primer
- The Penal System is Not Working!
- Taxpayers Get the Shaft in "Bailout" Plan
- Advice for President Elect Obama on Protecting the People
- The Economies of Scale and the Culture of Greed
- Drug Expiration Dates: How They Benefit the Pharmaceutical Companies
- Obama Vs. The Big Banks
4 Comments
Post a CommentThe conservatives would rather see millions of people suffer than save the backbone of our economy. The banks and investment institutions are the backbone of our economy. If we allow them to fail, we risk a world wide deep recession. If we still insist on conservative policies, it will become a global depression. How many innocent people have to suffer before the conservatives wake up?
The bail out is a necessity. The current terms of the bail out will allow the government to offer options for homeowners who cannot manage the mortgage and cannot sell due to a depressed housing market. Every homeowner who finds a way to pay his/her mortage reduces the total price of the bail out. Rejection of the bail out will have far reaching consequences for people around the world. Not just here. Those who are against the bail out are willing to let the world's population suffer for the mistakes of banks and investment institutions. Those who are against the bail out are willing to let a significant number of small businesses fail and let the US and the world go into a depression. They are out of touch. If an effective plan to save our banking system and our investment institutions is not in place soon, the lending practices will change and businesses will no longer be able to afford a loan to ease their cash flow problems. The conservatives would rather see millions of pe
Well, now the Republicans have offered a "loan" which is a bailout by another name. i hate it, but I am afraid if we don't fix this it will lead into a long darkness for our economy.
AMEN! Reject the bailout, and urge your legislators to do the same, everyone!