Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Friday, November 27, 2009

"We the People..." are we being represented?



What is this administration up to now? What is congress up too other than doing precisely the opposite of what the American people don't want? An overwhelming majority of Americas do not support the health care bill that the Senate recently voted on pursuant to having a debate about it. Dear Senator Reid: Why are you insisting to push this legislation through the Senate when the American people simply and clearly don't want it?
Just 38% of voters now favor the health care plan proposed by President Obama and congressional Democrats. That’s the lowest level of support measured for the plan in nearly two dozen tracking polls conducted since June. (Rasmussen Reports, click here.)
And ladies and gentlemen what is up with this 'war tax' that is isolating the rich to pay for a war? Goodness people wake up – and that goes for representatives and senators in Congress as well as every member in the Obama administration. It's even got a name: "Share the Sacrifice Act of 2010."
Here's one for Rush, O'Reilly, Oprah, Buffet, Gates, Bloomberg, Perot, Murdoch, and all of the lesser known wealthy Americans: If we were in your income category the first thing we'd do is inform the current no-brainer administration that you are already paying approximately 80% or more of federal income taxes. Secondly, we would file for equal protection under the 14th amendment and the Equal Protection Clause.
For just a refresher – the Equal Protection Clause is that clause engineered by the writers of the 14th amendment in post-Civil War America. This is the clause that every group this side of normal goes with into court to receive "Protected status" and any criticism of that class is of course referred to as being discriminated against. This is the true path to making money; or at least for special interest groups who whine over the slightest bit.
So what makes the rich any different? There are far more Arab-Americans, Muslim-Americans, Hispanic-Americans, African-Americans, LGBT-Americans than there are truly wealthy people in this country. So why not claim your protection status before this government who has already hit you up for health care, income taxes, and redistribution of your wealth – the heck with them – get your protection!
This current spend-thrift Congress will surely take down America as we once knew it. They don't care if we own General Motors, or AIG, or Chrysler, or large portions of Bank of America or any number of things we've already purchased and legally own.
"We the People..." is who you are supposed to be representing. Therefore how could anyone with a reasonable mind even entertain the notion of having a civilian trial in New York when the majority of the nation is against it; furthermore, the people of the great state of New York don't want terrorists tried in their state either (55%).
When was the last time you contacted your "duly elected congressional officials office"?






Saturday, December 20, 2008

And every form of greediness...

C'mon, we've all heard the expressions and the ugly part about it is that they are true. Another expression or cliché heard quite often is this one: "Oh everybody does it...but he was the one who got caught (Nixon immediately comes to mind here).

Folks the reality of the matter is that if there exist human nature, and many argue that there is no such thing as 'human nature' however; if it does exist it would have to be greed.

We have a short, simple, to the point exposé illustrating just how the love of money can indeed collapse an empire.

Individual(s)--Bernard Madoff, the former NASDAQ Stock Market chairman faced charges of organizing a ponzi scheme that biked away $50 billion from the investors and consequently he was arrested.

Organizations--Bear Stearns, Merrill Lynch, Smith Barney, Lehman Bros, Goldman Sachs, and several major banks have been the recipients of enormous sums of money not belonging to them.

U.S. Government--"700 Billion Dollar Bailout Fund To Meet Financial Turmoil Urges Congress To Make Fast Decision" was the headline; and here's what followed: The government of the United States has proposed for a 700 billion dollar bailout fund to meet the financial turmoil in the country. The U.S. President had urged the Congress for endorsing the plan without making much delay.

There remains one industry whose sole mission is to perform internal control audits allegedly under the strictest of procedures referred to as 'trust is bust' and 'if you say it's there...go get it because I need to touch it..." and so goes the mantra for these auditing giants.

This leads us to the forth category: The Big Four--Formally known as the 'Big 8', then the 'Big 6' and now through mergers and acquisitions, ah that's too polite...in the wake of the Enron scandal one of the Big 8 was charged with obstruction of justice when federal agents caught members of this huge company literally shredding documents.

The Big 4 are auditors with one mission in life: Make sure that no one gets away with anything, especially money! If you've ever been privy to, or endured one of these audits as long as the pennies and nickels line up there's nothing whatsoever to worry about right? However, if it's a penny out of line, these firms could be on premises for as long as it takes to find that penny or in most cases months after everything gets disclosed. But who is watching the auditors?

The sums of money being tossed here and there these last 2 years are just about inconceivable as counting the sands on the beaches! Most people cannot comprehend what a million dollars really is, so now it's hundreds of millions, billions, and anywhere between 5 to 10 trillion dollars.

A long, very long time ago a guy was writing to his friend and above all else he stressed this point about understanding humankind stating,

" Hey, we came into the world butt naked and when we leave the world it will be with nothing; just remember that those who want to get rich fall into traps like hookers, lusts, greed, and trouble beyond imagination that will plunge men into ruin and destruction...

My friend as far as I'm concerned, the love of money is the root of all evil."
(1Tim. 6: 9-10)


Just a little post script: Anyone connect with this true story? Think of Governor Eliot Spitzer, Senator Smith, Senator Vitter, and their sexual appetites with boys and women prostitutes. Think of Bank of America and Merrill Lynch: The largest bank in America and the largest investment banking firm needing billions of dollars to stay afloat. Yet, this Bernard Madoff, absconding with 50 billion dollars of other peoples money (blatant theft) getting an ankle bracelet and house arrest is unthinkable!