The Bailout: Political Corruption at It's Finest

In September of this year the 110th Congress passed what is now infamously labeled "the bailout bill" during a purported crisis prior to the 2008 presidential election. In a previous article, I had disclosed through research conducted at OpenSecrets.org that the recipients of the majority of those earmarked bailout sums were for banks, financial institutions, and a global London based insurer (AIG) which also just so happened to be the top corporate donors to the campaigns of both parties presidential hopeful and members of Congress, committing what actually is no more than treason upon our Constitution and system of government as watchdogs over the public purse for expenditure of public sums for it's enumerated powers and public duties.

While awaiting the final vote count during this travesty and crime committed against the American people, in retrospect now it is incomprehensible that not a single legislator had the integrity or loyalty to his oath of office to abstain from the vote process as a clear conflict of interest. Outraged as many Americans were and still are, I read the background and our Constitution with respect to the original provisions in the election of true representatives of the people as they had intended. Amazing how brilliant those men truly were.

Just think if we returned to the manner they intended how our economy and all else would change. As originally intended, the state legislators themselves elected the Senators from among their various legislatures to represent the states in Congress (no campaign finance problems here), and the representatives of the people were only allowed to accept campaign donations from individuals and/or small businesses within their district (no campaign finance problems there either) and voting precincts. Net result: Constitutional government, and no political graft or pork benefits. No trillion dollar deficit.

Those banks and AIG did not make those campaign contributions, after that bailout bill was shoved through Congress, the American people did - whether they supported those candidates or not. Those entities simply loaned those candidates sums to fund their campaigns, and quite obviously at an interest rate that would feed a third world nation, such as ours is becoming due to the political corruption running rampant in Washington.

The only "change" which appears occurred this election cycle was a "change" in the manner in which even the ridiculous campaign finance laws that are now in effect are being creatively circumvented, and the continued anarchy upon our Constitution continues unabated and which have hit new lows in corporate fraud against the citizenry. The corporate privileges and immunities now given by Washington includes reimbursing them for their campaign contributions from the public purse. Or taking out interest bearing loans to fund their campaigns while billing it to the American people under a fraudulent bailout bill just prior to an election and stating that it was done in order to protect Joe Citizen's 401(K) painting themselves as the saviors of middle America.

Even Benedict Arnold didn't sink that low in his treason against our nation on behalf of London or compromise our sovereignty and economy to such a degree on behalf of sovereign subjects or corporate welfare. He simply took up arms and joined the other side, but didn't feed the founders or this nation, it citizenry and their posterity's future to the wolves.