I urge those of you who understand what you are in for if a bailout is done to write your congressmen and tell them that you will not stand for this kind of financial absurdity. We need to stop the bailout, allow the insolvent institutions to fail and return to sound money.
Here’s what I recently wrote to my congressmen via votenobailout.org.
It really infuriates me to see the Congress giving the White House and its Secretary of the Treasury the power to transfer the people’s money to wealthy bankers on Wall Street.
These are the same people who got us into this mess and bailing them out most certainly isn’t going to get us out.
As a citizen of the united States of America I demand that you vote No to the Bailout legislation.
The Bailout legislation is being rammed through Congress in a matter of days. And they are using fear tactics to try to get you to allow them any and all power to do what they wish with our money.
This is an illegal power grab by the White House and their richest friends on Wall Street. The Legislation allows the Treasury Department to appoint the same bankers who created the crisis to administer and dictate the use of trillions of our tax dollars. It is also one of the biggest transfers of wealth from working families to the ultra-rich in the history of the United States.
Congress should help families stay in their homes. Wealthy executives should be forced to disgorge their obscene profits, fees and bonuses that made them ultra-rich while they ran the economy into the ground.
What we really need to do is abolish the Federal Reserve system and return to a system of sound money. Until this is done, everything else is just smoke and mirrors.
- Open Letter To Senators Regarding S.604: Federal Reserve Sunshine Act of 2009
- Constitutional Amendment to Equalize Congress with the People in the Eyes of the Law
- Bill To Abolish the Federal Reserve Enters House of Representatives
- The Betrayal of the U.S. Government’s “Bailout” Plan
- Ron Paul: Presidential candidate who truly loves freedom and liberty.