Sunday, October 12, 2008

THE $700,000,000,000 CON GAME

It almost seems as if the only way the general public will understand our government $700 Billion dollar bail out package, is for it to be explained by Jon Stewart of the Daily Show or Steven Colbert of the Colbert Report. Ever wondered why with the majority of the American people against the bail out package, the people we voted for passed a bill to bail out millionaires and billionaires anyway?

Remember when Henry “Hank” Paulson the United States Treasury Secretary and George Bush a few weeks ago introduced a three page bill telling us if we don’t act immediately, there will be people in food lines worst than the Great Depression when the Stock Market crashed in 1929? Turns out we the taxpayers were lied to, the urgency was to keep the rich guys rich. The expediency was really because the fat cats knew the American people became aware of the $700 Billion bail out package had nothing to do with them.

Just think if the people we voted for would have listened to their constituents and passed a bill to bail the taxpayers out. It definitely couldn't have done worse, since the bail out of the financial institutions the Stock Market has lost more in the history of the Stock Market. But instead the people we took time off from work to vote for said amongst themselves, we just don’t understand. So since our Congress and Senate representatives assumed we just don’t get it, they gave the $700 Billion bail out to the people who got us in this economic crisis in the first place.

The bail out package for the taxpayers would have enabled people to pay their bills and have some kind of leverage to negotiate with financial institutions on their mortgage. I know some people would have spent the money on things like drugs and other stupid things, but the majority would have spent the money responsibly. The banks and businesses would've had money flowing which would have led to liquidity of cash within the financial community, everybody would've benefited.

Here’s the real reason why the taxpayers were ignored by the politicians, even those who say we should get away from the trickle down effect. Financial institutions make their money on the distribution of money, so when money is distributed the interest rates kick in. For those of you who are fortunate enough to be able to pay cash for big ticket items, ever noticed how financial institutions always tried to talk you out of paying cash and go on a payment plan. When we go on a payment plan, we usually wind up paying three times as much for the listed price of the item.

This is insanity, take a look at the North American Free Trade Agreement (NAFTA) notice the word fair is nowhere to be found. The agreement was never meant to be fair, because if you’re fair exploitation is off the table. This means you can’t exploit slave labor from countries like China. My biggest surprise is how the American population is not outraged about how the middle class has been destroyed by the exploiters. In reality there is no more middle class in America today; you’re either rich or poor.

Hitler’s Germany Holocaust wouldn't have been successful if the people would have spoken up about what was happening right in front of their eyes. The Slave Trade in America wouldn't have been successful if people would have spoken up about what was happening right in front of their eyes. And lastly, over 4,000 of our brave troops wouldn't be dead if people would have questioned our experts about what they were telling us. How long are we to accept the words of supposedly experts before we wake up?

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