I think that we just need to ask two questions about the Wall Street bailout. First, I want to ask who the people that we elect want to help; and second, do they even care who elected them?
I believe that you will find the answers to those questions in the following video that includes George W. Bush's weekly Radio Address to the nation on September 27, 2008. Watch the video and then you decide:
Henry Lamb, a weekly commentary writer for WorldNetDaily.com had some things to say about the financial industry bailout in his column on September 27, 2008, "Soviet-style Collapse in America's future?" (see link below):
But Joseph Farah, in one short paragraph from his column, "Fascism on ascendacy", reveals what this bailout is really all about:
The piper must be paid. The question is whether to do it now – and let the chips fall where they may, or, to kick the can down the road and pay the piper later. The answer, of course, is to kick the can into the next generation, with another leap toward socialism. The bailout plan – whatever the particulars – is nothing short of a government takeover of the financial industry. The next president will have to sort it out and build the road toward future recovery or final disaster.
Barack Obama's incessant drumbeat about the failure of the economic policies of the last eight years is either gross ignorance or, more likely, political blame shifting. The cause of the current meltdown is clearly the Democrat's insistence upon giving federally guaranteed mortgages to people who could not afford them. Even now, Democrats insist, not on the minimum government involvement possible, but on adding all sorts of give-away ornaments on the bailout Christmas tree. Obama is also promising to take over the energy industry, the health industry, and to give tax credits and even refunds to some people with money he shamelessly takes from others. This is redistribution of wealth – pure socialism.
The international bailouts of the banking class are a hint of what is coming soon – a new monetary system, an end to national sovereignty, the rule of law replaced by the rule of men and the will of the people simply a matter of manipulation.So, now you will understand just why the bailout package will come together, on the weekend - in the dead of night. They think that nobody will be watching.
Just keep the powder dry, if you know what I mean.
Related Stories and References:
Soviet-style collapse in America's future? - By Henry Lamb
Fascism on ascendancy - By Joseph Farah