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UPDATE on crisis legislation for bailout…

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It was reported this evening that the original three page demand from the Bush administration laying out what Bush believed was another slam dunk, has now ballooned to more than 100 pages.  Voting is expected to take possibly Monday, September 29, 2008.

 

Voting to take place with no public hearings, no publication on the net of the actual text of the bill, and no chance for the American people whose money is being stolen to shore up corrupted corporations and companies to voice their opinion or make any demands.

 

The theory put forth by those writing this odious piece of legislation is that if they threaten us enough with not being able to get a home loan, a car loan or credit for small businesses (those worth 5 million minimally) somehow we are all going to suffer.  I think not.

 

If we can’t buy homes, cars and some of this other cheap foreign made crap that fills the shelves in all of our stores, so what?  That might make us unhappy, but it won’t hurt us.  But think about this….If we can’t buy homes, cars or get credit we will still survive.  On the other hand, if THEY can’t sell homes, cars or extend credit, they’ll go broke.  It all goes back to the guys at the top. 

 

We are tough and can survive a depression.  It won’t last long.  The greed is too engrained, the corruption to great to pass up the greatest consumer market in the world.  After all this is supposed to be what this is about, isn’t it?  Those great, wonderful economy boosting free markets that were going to grow the economy at such a rate it would be nearly impossible to keep track of it?

 

I find myself still asking why those in the upper 3% who enjoy those special tax cuts and who more than likely profited from this corruption of the markets, and those who raped and plundered these companies driving them into the ground, and those who knowingly acted unethically and illegally…..why aren’t they being tapped for this bailout?

 

Those who became wealthy or increased their wealth won’t be losing anything.  They’ll still be wealthy.  And we’ll still be struggling to pay for their retention of their wealth.

 

We are being blackmailed plain and simple.  If this bailout isn’t enough to vote the bums out of office…what is?

 

Marti

 

Update on bailout funding for LaRaza and others…..MINSIR

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 Great News –

 

This afternoon I spoke with Oberstar’s (D) Minnesota, aide. I called to say no bailout for supplements to special interest groups that fund, lobby or advocate for sub prime mortgage loans to illegal aliens.

 

We had a brief discussion on the issue and then he said…

“Well then this news should interesting for you”

 

“All provisions that deal with mortgage funding to special interest groups

has been removed from the current solutions”

 

This is great news as long as it holds true.  I will keep you updated with new information as it comes in

Ruthie

 

Ruthie
Minnesotans Seeking Immigration Reform

Independent Minnesota Minutemen
FIRE Coalition State
Chapter
www.mnsirproject.com
minnsir@yahoo.com

How the markets really work (from 2007) BRASSCHECK TV/video

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           http://www.brasschecktv.com/page/187.html 

       How did these comedians see it coming
when financial reporters did not?

Yes, it really is this bad

Another example of humor that is deadly accurate.

I worked on Wall Street for a few years, elbow to elbow with “top” investment bankers.

It was one big casino with the saps in pensions funds and savings and loans (and us) being used to finance the game and cover the losses.

Amazingly, this was recorded in 2007.

 

 

If you don’t fully understand what’s happening in the financial markets – the cause and the likely outcome – this short video will make it crystal clear.

 

http://www.brasschecktv.com/page/187.html

 

– Brasscheck

American taxpayers enraged as congress feigns deafness over bailout.

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Here it is in a nutshell:

 

  • We can’t have universal healthcare because that would be socialism.  Better to let those who are not here illegally suffer, or maybe die, all for the sake of semantics.

 

The concept of insurance seems to have outlived its usefulness and its original purpose.  AIG was a perfect example of a supposed insurance company that was doing anything but providing the coverage it was selling.  Bad investments using premiums as capital, AIG manipulated its books, failed to file the required annual federal documents, and its taxes. Insurance as we know and think of it no longer exists and has not for ten years or so.  Insurance now means that these corporations can be assured that the premiums they have collected and mismanaged will continue to finance everything but claims.

 

  • We can’t help out the 1.7 million who have gone into foreclosure just this year…they should have known better, its their own faults…that would be socialism too.

 

Even that joker Paulson admitted that the securities used to back up loans, mortgages and investments were so complex that he could not fully understand them.  The sub-prime loans to consumers were just as complex and not fully understood by those selling them.  This is fascism.

 

  • We can’t extend unemployment benefits to those who lost employment due to off shoring of jobs and business closings, or due to the illegal hiring of illegal aliens.

 

The same companies and corporations now screaming that we have to bail them out were many of the same companies that closed businesses here and moved overseas for cheap labor.  Why don’t they go to those markets and banks and get their bailout?

 

  • We cannot regulate or perpetrate any kind of oversight over the conduct and ethics of free market capitalists as that would again be socialism.

 

Michelle Bachmann of Minnesota when interviewed CNN claimed that regulation and oversight would be, socialism.  No regulation and no oversight is fascism!  I like socialism better.

 

  • We can’t confiscate the unethically or illegally acquired wealth of those who manipulated the system and are now blackmailing the public into bailing them out.  

 

The same people who bankrupted and profited from the markets that are now collapsing for some reason are not being required to anti-up.  In fact, many are walking away with millions in unearned severance bonuses and salaries.  AND!  Many of these same corrupt CEO’s are being considered for positions in managing the stolen billions confiscated from taxpayers.  This is FASCISM.

 

 

  • We can’t repeal the special tax cuts to the upper 3% who benefited directly from this manipulated “free market”.  That’s an unfair distribution of wealth.  It’s unfair for the wealthy to be taxed regressively as the middle and poor classes are. You guessed it…that’s socialism or even worse communism.

 

But, for some reason redistribution of wealth is of no concern when you take from the poor and middle class and use that money to finance the wealthy who even during this calamity are unwilling to contribute and who will forfeit nothing!  No one applies the term socialism to this redistribution.  And they shouldn’t.  The proper term is FASCISM!!

 

The same people who ran these businesses into the ground, their investors who condoned the practices that lead to this downfall, are unwilling to even talk about pooling their own collected resources and bailing themselves out. 

 

These people have far more money than we do.  Why are they not being held accountable for shoring up their own disaster? 

 

While American citizens have been enraged over this bailout, the pro-corporate, business as usual terms of the bailout, congress plugs its ears and pretends not to hear.  If ordinary people can look at this situation and see that not only is it not necessary, but totally unwarranted….what’s wrong with congress? 

 

© 2008 Marti Oakley

 

READ THE BILLS ACT (RTBA)

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READ THE BILLS ACT (RTBA)

http://www.downsizedc.org/page/read_the_laws

excerpted from the site:

Part 1: What RTBA does and why

Most Congressmen are lawyers, and many others are businessmen. They know what “fiduciary responsibility” is. For Members of Congress, fiduciary responsibility means reading each word of every bill before they vote.

But Congress has not met this duty for a long time. Instead . . .

To this end we have created the “Read the Bills Act (RTBA).” RTBA requires that . . .

·                           Each bill, and every amendment, must be read in its entirety before a quorum in both the House and Senate.

·                           Every member of the House and Senate must sign a sworn affidavit, under penalty of perjury, that he or she has attentively either personally read, or heard read, the complete bill to be voted on.

·                           Every old law coming up for renewal under the sunset provisions must also be read according to the same rules that apply to new bills.

·                           Every bill to be voted on must be published on the Internet at least 7 days before a vote, and Congress must give public notice of the date when a vote will be held on that bill.

·                           Passage of a bill that does not abide by these provisions will render the measure null and void, and establish grounds for the law to be challenged in court.

·                           Congress cannot waive these requirements.

The effects of these provisions will be profound….

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

“Never has the need to end “business as usual” been more important than at this time as congress prepares to confiscate the people’s money to bailout corrupt corporations in what is nothing less than economic blackmail.”     Marti

Click the link and join  http://www.downsizedc.org/page/read_the_laws

Or use the button on your right; “READ THE BILLS ACT” (RTBA)

 

LaRaza and others included in bailout plan. MINSIR fights back!

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Commentary by Ruthie

Within the current talks in Washington on how to deal with the mismanagement of our financial system by the very people who created the problem, there is one issue that is NOT being discussed – sub prime mortgages to illegal aliens. Nor do I believe without our voices being heard loud and clear by those elected to oversee these regulations, that there will be no discussion to address and correct the issue.

 

Many of those that discuss this current bailout day in and day out admit that sub prime housing loans escalated where we are today. And, the stories of, fraudulent activities and housing mortgages to illegal aliens is available.

 

Why are American homeowners and taxpayers being subject to pay for the activities of an administration, politicians and government agencies that demanded mortgage companies fund these loans?

 

THESE ACTIONS ARE ILLEGAL –

It is illegal to aid and abet illegal aliens

US Code Section 8 sub sections 1324 and 1325.

 

It is illegal to change or ignore qualifications for home ownership.

 

And consider this – those illegally in the country have nothing to loose they can simply walk away from this debt leaving the American citizen holding the bag.

 

CONTACT ANY, MANY OR THOSE WHO YOU WOULD LIKE and D E M A N D the return to law and order and absolutely ….

 

No bail out to those who broke the law and aided and abetted illegal alien activity.

 

No funds to SPECIAL INTERESTS and LOBBYISTS that do not put the interests of the AMERICAN CITIZENS FIRST.

 

No bailout or funding to those not legally in this Country.

 

They are not discussing this issue because within the current negotiations they would rather slip the issue into the talks WITHOUT educating the American people.

 

NOW IS THE TIME TO BRING OUR MESSAGE HOME

Please make the calls – if you cannot call – search out the person you would like to contact and email them – REPEATEDLY

 

No amnesty

Secure our borders

Enforce the LAW!!!!

 

If we do not stop the never ending financial drain of Americans and legal residents in this country to those who have done nothing more than break the law and enter this country illegally, we will be paying – as will our children and grandchildren – for generations to come – COMMON SENSE, LAW AND ORDER and the INTERESTS OF AMERICANS FUTURE must be address NOW.

Ruthie

 

Minnesotans Seeking Immigration Reform minnsir@yahoo.com

 

MINSIR has a complete list of House and Senate members phone numbers.  Contact Ruthie for the members in your state minnsir@yahoo.com 

 

 

http://www.constitutionforum.us/

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New to PPJ is the Constitution Forum, a website dedicated to constitutional government put together by a gentleman named Alan Adaschik.  Alan has waged a one man war against the illegal and nefarious GATT treaty and has gone so far as to file suit against the federal government regarding GATT.  His site includes Essay’s and Articles, causes of action and some really astute constitutional observations. 

Check out http://www.constitutionforum.us/  here, or click on the links in our blogroll. 

Some of what you’ll find on http://www.constitutionforum.us/ 

PPJ will be crossposting articles from Constitution Forum regularly.  We’ll be looking forward to your input, your observations and opinions.

Marti

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