BailOut! SoldOut!

Most of us recognize the current tactics of the Bush administrations approach to the financial crisis as one of familiarity. Calling on Congress and the Senate to pass a resolution for an immediate response without debate.

Now is not the time to play the blame game. There’s plenty of time to analyze the situation. But from our perspective, it’s time to solve the problem,~President Bush

“Now is not the time to play the blame game.”

Yet those advocating this massive bailout continually place blame on the American tax payer, Who’s struggle over the last seven years to afford the basics, due to extreme deregulation, government sponsored corporate protectionisms, administrative manipulation of foreign markets, no bid contracts, unfettered health care cost. rampant unemployment, and the continuation of a $3 Trillion dollar war, has not only left hole in our pockets, but our shoes as well!

“There’s plenty of time to analyze the situation.”

The last time this Administration came out to demand such rapid rabid action placed us in an 3 Trillion dollar war! Guess now is still not the time to analyze that situation either… The Economic rape and Destruction of this country should not only be investigated but indeed prosecuted. The idea that anybody would give this administration another $700 billion check without question in the eleventh hour should itself be considered criminal! Any bailout proposal should include a provisional amendment for the prosecution of any criminal lye-ability!

“But from our perspective, it’s time to solve the problem,”

This is the same rhetoric used months ago against those in congress who sought to reign in the Oil Cartels whose unprecedented profits , (which incidentally exceed $700 billion over the last 20 months, placing it at the apex of the mortgage crisis, thus directly contributing to the current economic melt down), when trying to give away more land and lift the ban on offshore drilling!

“It’s financial socialism, and it’s un-American,�~Senator Jim Bunning

Indeed it parallels the strategic nationalizing of energy resources currently seen in other SUDO-SOCIALIST states around the world, most notably Venezuela, Brazil, Bolivia, Russia. Seen in this context it is no trival coincidence that 83% of the worlds current energy resources are state owend, The key being that 99% of the worlds energy is ,speculatively, traded publicly in U.S. dollars.

Of note in 7 day’s of congressional debate on the bailout agreement, The House on 9/24 in a semi-closed session passed a $630 billion-plus spending bill which included $488 billion for the Pentagon, $25 billion for the Auto-makers, and $6.6 billion in 2,322 misc earmarks! But neglected to extend unemployment insurance , food stamp payments or to secure State Medicaid budgets. As concession the ban Offshore on drilling will be allowed to expire without further debate!

As to the bailout, one only needs to look at the Financial Markets of the last week, and the estimated 9 trillion dollars in loans, mortgage buyouts, stock exchanges and buybacks, and currency swaps to clarify that this In short is a land Grab! The largest in history Reminiscent of the great American cattle wars of the 1800’s. The losers, us the American public, the tax payer, the single mother, the handicaped, the student, the poor, the aging senior, black, white, all of U.S. most importantly My children , and Yours….

Money!!

How We Became the United States of France