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It appears to be a certainty that you and I will be bailing out unscrupulous banks to the tune of ANOTHER $700 Billion dollars. That, added to the previous bailouts of 2008, will amount to an over One Trillion Dollar bailout of the wealthiest and most unscrupulous of this nation. One Trillion dollars, of course, if you believe George Bush in spite of his propensity to be not so quite honest to the American people. It could be and will likely be a lot more when it's over with. And, this bailout isn't just for American banks, since Treasury Secretary Henry Paulson confirmed on ABC's "This Week" that foreign banks will be included in the bailout.

Not only does this stink, the whole sordid situation is criminal at its best, and NO ONE in Washington is even discussing possible criminal actions. Not at all a surprise, however, since Henry Paulson is just another Good Old Boy to the bankers. When looking at this situation, we all need to remember that Henry Paulson was Wall Street's highest-paid executive in 2005, reportedly raking in more than $38 million.

Secretary Paulson has been doing everything possible to avoid any consequences being tied to the bailout. Indeed, in interviews, he has expressed concern that "such limits would discourage participation in the program." Hold the phone for a moment ... If these banks are in a position to balk at participating in the bailout, whatever the reason, then we can safely assume that they can survive without being bailed out. Why is there such an urgency in bailing out banks who are in a position to refuse to participate if we apply terms and consequences to the help?

My friends, unfortunately, I believe this dangerous giveaway to the banks will indeed be done in the near future. I believe the rush to get it implemented is in the hope that most voters will not longer remember Washington's actions by November 4th. Indeed, more time passing increases the likelihood that it will be all but forgotten. The evidence is clear that there is no real urgency, considering that the banks are in a position to not "participate" if they don't like the terms.

Another thing that should all make us question the motives behind this action, is, why were they claiming just days before that our economy was doing fine and that the banks were doing fine? Are our leaders so incompetent that the difference between national prosperity and economic collapse is separated by only days? If the barks are in such dire straits, then why didn't they know it days before? Would they have us believe that this supposed massive failure took place in just a matter of days? The reality here is simple, our leaders in Washington are either totally incompetent, or they were lying to us previously, or they are lying to us now. Whichever you pick out of the three, we certainly need a change in leadership.

If the banks are in need of reviving, then the final answer is simple. Restore TRUST. Trust will never be restored by simply giving another $700 Billion dollars to the same people who got us into this situation .Certainly, we have a huge problem right now. I would never propose that we do nothing, but what is being offered by Bush, Bernanke, Paulson and almost half of the house of representatives (as of 29-Sep-2008) is pure drivel and will do more to destroy our economy than fixing it. Bush and his cronies are trying to use fear mongering to achieve the absurd, and the voters need to return their favor by shouting from the rooftops, "YOU'RE FIRED!"

There are many viable options out there, but Congress isn't considering these options. For the most part, they are making this out to be a partisan boxing match and nothing more. We should all be pleased that 1/3 of the Democrats and 2/3 of the Republicans said NO on Sept 29, but I can assure you that the majority are only trying to save their cush jobs, and are not trying to protect you. This bill will be revisited within a day or so and will be revisited again and again till Bush gets his way. I truly believe your current representative, Charles Boustany, notwithstanding his vote on Sep 29, will ultimately follow the piper's music to the taxpayer's demise.

As for Peter Vidrine, you now know where I stand, and how I will vote as your Representative. Peter Vidrine WILL SAY NO to the Federal Reserve stealing from the poor and working class and giving to the rich. Peter Vidrine WILL SAY NO to your tax dollars propping up private businesses. Peter Vidrine WILL SAY NO to printing more unbacked dollars (for ANY reason.) Peter Vidrine WILL SAY YES to a true free market economy. Peter Vidrine WILL SAY YES to serving YOU, the voters, instead of Wall Street and the world's financiers. Sure, it's "Other People's Money," it's yours, and Peter Vidrine knows it is better spent on you and your family.


Bernanke Proved Paulson Plan Bankrupt by Karl Denninger

How To Fix Our Banking System- The "Genesis" Plan by Karl Denninger

FED UP USA! You're Being Lied to

Campaign for Liberty Action Alert

The Austrian School and the Meltdown by Ron Paul

Ron Paul’s Joint Economic Committee Statement

I'm not sure they understand…


Lou Dobbs: Hooray for those who defeated bailout (Text)


"Whenever the people are well-informed, they can be trusted with their own government;... whenever things get so far wrong as to attract their notice, they may be relied on to set them to rights."
Thomas Jefferson

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Thomas Jefferson

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Ronald Reagan

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."
Woodrow Wilson

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