“Immoral, Unconstitutional and Bad Economic Policy”
I thought I’d wake up today and discover that he United States’ $700 billion bailout had already passed. Looks like it’s going to take at least until Wednesday for Congress to make a decision, according the CBC News.
I think Ron Paul summed up my viewpoints about the bailout…
“a. It is immoral - Dumping bad debt on the innocent taxpayers is an act of theft and is wrong.
“b. It is unconstitutional - There is no constitutional authority to use government power to serve special interests.
“c. It is bad economic policy - By refusing to address the monetary system while continuing to place the burdens of the bailout on the dollar, we can be certain that in time, we will be faced with another, more severe crisis…”
Personally, I do not fear this change - which will likely hit Canada hard (just like it did in the Great Depression).
I’d encourage you to head over the NaturalNews.com website. Mike Adams, a self-made CEO of a successful software company and creator of the web’s second largest source of natural health information, has begun hosting a series of seminars on how to prepare for a “worse-case scenario.”
I’ll be talking about some of his ideas as they apply to your copywriting business over the next few weeks. For now, check out his positive - yet highly practical - view of the future by clicking this link…
http://www.naturalnews.com/024221.html
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5 Responses to ““Immoral, Unconstitutional and Bad Economic Policy””
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September 29th, 2008 at 3:49 pm
Joh, thank you for this. I am greatly disturbed at what these “public servants” are doing to us. Laws don’t seem to matter–they make it up as they go merrily along, preening for the TV and thinking we are fooled. We’re not.
September 30th, 2008 at 10:13 am
I agree wholeheartedly with you and Ron Paul. I have said from the onset of all this. A few years ago when people that were behind in their rent payments were buying houses, I just shook my head and wished them the best.
Now most of those same people are heart broken and what happens on Wall Street are the least of their problems.
I was surprised to see Ron Paul on our primary ballot here in New Mexico, they tell me he won’t be on the General Election Ballot, I will have to write him in. And no, I don’t think I am wasting my vote, I am just doing what is right and what is best for the greatest good.
Another point I would like to make is when Bush got on TV with his scare tactics, the first thing I thought about was we should listen to this guy?
Has he ever been wrong? He had his rubber stamp followers following him to send us right down the drain, thank God enough of these idiots are running for re-election that they voted no for this 3 page piece of junk they call a bailout. Why don’t they call it what it is, a Wall Street handout. I say let them sink!
Darwin
October 3rd, 2008 at 3:23 pm
Barb,
The problem with laws is that they are passed by those in power; and more than enough times, regardless of the contrary desires of the public whom they “serve.”
Morals, principles, and ethics are much more longer-lasting and unchanging than laws, which can be so transitional and temporary that they can be reversed in a heartbeat.
October 3rd, 2008 at 3:28 pm
As I type this, I’ve just found out that the bailout passed on it’s second appeal. It looks like whatever scare tactics were used worked.
Before I type further, I should admit that I don’t know how this second appeal differs from the one that was originally voted down, but I have a feeling that it’s still not good for the American people.
At least this gives them less of an excuse for further worsening of the economy.
We The People can say, “Geez, you got your bailout, what else do you want?”
It’s going to be interesting watching how this will turn out.
October 3rd, 2008 at 5:14 pm
$10 for a dozen eggs. $5 for a litre of milk.
That’s what will happen.