Weigh In: Another Unnecessary Government Intervention

Joe a poor sinner writes: . Americans to stupid, to scared, to weak, to enforce the Laws to stop Financial Disaster. CEOs Fed Congress make statements they conspired took bribes and unjustly enrich them self. Corruption believe the few American that will demand Justice can be over looked or payed off. To many violation to count. Here Are 2. From CEOs Fed and Congress own mouth . 1] " Many parties are to blame" Law Dictionary; A conspiracy exist when the parties use legal means to accomplish an illegal result 2] "The Bail Out is Bribery" Encyclopedia; Any item of value to influence the actions of an official in discharge of a public or legal duty Solution ; Unjust Enrichment Knowledge is immaterial under the law of unjust enrichment Wed, 4 Jan 2006 17:23:00 -0500 Re: Unjustly enriched executive "Former HealthSouth Corp. chief executive officer Richard Scrushy has been ordered by a judge to repay his former company more than $47.8 million in bonuses, according to published reports. ... Judge Allwin E. Horn III of Jefferson County Circuit Court in Birmingham, who made the ruling as part of a summary judgment in a shareholder lawsuit, determined that Scrushy is not entitled to the payments whether or not he participated in the fraud or knew about the scheme." Prosecution evidence Fed lowers Interest to prop Fannie and Freddie 2001 to mid 2003 the Federal Reserve lowered its interest rates 13 times, from 6.25 to 1.00% overnight rate averaged 0.68% June 2004, the Federal Reserve System target interest rate continued to do so 17 straight times In March 2006, the Federal Reserve ceased to make public M3, arguably the most reliable means of measuring the money supply. Fed declared that the costs of collecting this data outweighed the benefits Here's the kicker The Fed needed to increase rates not lower them Quote". overnight overdrafts (more than three occurrences in any 12-month period), the overnight overdraft rate increases by one percentage point for each additional occurrence." American Demand Law Enforcement and Remove ,the Corrupt CEOs, Fed, Congress .Recover $500+B, Honor and make corruption look stupid. American have no choice but to take the Law in there own Hands or the corrupt have take control of America Rem; Congress did not fail they scammed, Rem; Congress had many red flags about the credit problem Use the war to decoy American focus Congress , Falsely accused, made statements of treason and stopped much funding to protect our Military. Congress disrespected the position they held to the point of treason. The rule ; one is judged on how they have judged then they need to go to prison for life and hell for eternity. Rem; Corrupt CEOs, Fed and Congress believe they are above the law and Americans to stupid, to scared, to weak to enforce the law.. article by Poor Sinner

The economy runs on perception. If we talk against the 'holy trinity' we are racist. So here's an idea. If the dems STEAL this election, and that's what they are indeed doing, pull your money out of the banks. Yep, make a run on the banks and let's take back our country. The constitution instructs us to do so. They want to play.........Let's play

Government! Please go away!!!

The fundamental problem is not a lack of money (liquidity) but too much money. Credit cards are a prime example. By making such easy money available, the apparent value of items is raised beyond its intrinsic or real value. In this way the money is devalued, i.e. too much money is paid for those goods/services. When the apparent value of goods/services drops to the real or intrinsic value, the financial system will stabilise. Until that time, it's going to be a long and bumpy ride.

I totally disagree with the comments on this post. You people are a bunch of losers. Government intervention is good. We need beaurocrats in Washington to structure our economy. I can't wait for my first customer service experience in one of the new federally owned banks. What a treat to be told, after waiting several hours in long, welfare-like lines, that I don't have the proper forms or identification to get my monthly allotment. Power to the Prolitariat!

Yup! Government at work at it's finest. Just get out of the way government...you can't run anything right, starting with education. Yes, let's give the Washington elites more $Billions for the next bailout (your money), they certainly did wonders with the first go round. Socialism is upon America because a certain percent of stupid Americans that apparently love wanting to be taken care of from cradle to grave without any responsibility on their part. Well, I personnally have responsibility and don't ever want to lose my personal freedoms. It's about time all the people in this country rise and throw another Boston Tea Party! If you don't, you shall live under King and not a Representative Republic in your future. If people do not go to the polls and vote all incumbents out of office, they will deserve their socialism fate. But I for one will become a victim not of my choice, but because of sad Americans that are to lazy to vote! If you want a King of Socialism (you know, like Hitler) vote Obama. I will personnally vote NcClain and Palin because I have and educated brain!

Let the (blue) chips fall where they may. Government "had" to override the people and vote $850 BILLION in debt on the taxpayers now We, the People, pull out of the markets to hang on to our cash. Yet NOBODY can figure it out? Come on. My dog got it. Money means treats. Take my money...I BITE!

Every time elections come around everyone thinks it's the senaters and congressman from all the other states to blame not theirs. Look how the group has acted. If they voted yes for the bail out vote them out. If they have been there more than 2 terms vote them out. If the people don't take back our government now it can only get worse.

The so-called "experts" have no clue what's driving all of this, yet they are determined to "lead" us out of it. Every time the politicians open their mouths (including McCain, Obama, Paulsen, etc)....we see a complete meltdown. Perhaps, they should take the hint and leave to capitalism to sort it out.....NOT socialism!

OMG! AIG is getting ANOTHER BAILOUT! $85 BILLION first $440,000 retreat $37.5 BILLION second cancelled retreat at Ritz Carlton NOW ANOTHER APPLICATION FOR MORE MONEY! LET IT DIE!!!!!

Nationalize the Banks! No, can't do that, that would be socialism. I know, let the government buy them, that's capitalism, the free market at it's best. Yeah................RIGHT

What I sent.. "Please vote NO on bailout bill. People and firms should suffer the consequences of what they do and the decisions they make. We'll get by as we always have. Thru Hard work and responsibility. I will vote NO on you if you vote otherwise." Why: I am really frustrated and angry that the Government is "lying" and not being candid with "US". You really don't care if the "wall- street" folks suffer, Commercial Banks and Investment Houses...Or Fannie Mae/Freddie MAC. What YOU are trying to protect is the worlds largest banker -- The US Treasury. $8+ trillion in paper debt. You are trying to prevent a run on that Bank... Solution: QUIT SPENDING!!!

Better question...do you really think our new Socialist government cares about what the people of this country think? Answer...no, and if you were not paying attention your new Socialist leaders (Team Paulson, Bernanke, & Pelosi) just took your country and your freedoms away from you. Did you get a chance to vote on any of this? No...and why? The democracy is gone. Welcome to the United Corporations of America. Start mailing your unpaid bills to your new "Wealth Control Officer" for payment and submit a request for your own personal bailout!

We are marching towards socialism. All of this under the watch of a conservative republican president who is a mental pygmy. I certain hope Senator McCain stands up and fights against this further socialization of the financial system. Look at how AIG spent the taxpayer's money at a luxury resort and spa. No one is being held accountable for their actions. The Bush Administration and Congress lied about how small businesses need credit to finance their payrolls. As a practicing CPA involved with small businesses, none of my clients finance their payroll. All make sure they have the money in the bank so that they can pay their employees. This bailout rewards the fat cats and the unresponsible taxpayers who have lived beyond their means. Now all of the responsible taxapayers are expected to dig deeper to bail them out. Someone should tell President Bush that his bailout programs are going to label him as the next Cal Coolidge. It was honest Cal's poor financial management that led to the crash of 29 and the Great Depression. Bush is following the same path. Sadly, his path is the path to socialism. Can socialized medicine be far behind?

Wouldn't it be easier to just go ahead and give the banks "the keys" and tell them to turn out the lights and lock up when they're finished?

What I would like to know is who are the people (international) pulling out trillions of dollars from these banks and also the stock markets and why at this time - before elections.

We are rushing headlong into Marxisim. Not a lot the ordinary citizen can do. One Person that will set everything in order is Jesus Christ, when he comes back to set up His Kingdom. This is the only sure thing that will occur in the future. Woe to those who know Him not?

I am a Bush supporter, but the administration's reaction to the financial issues the country has been facing has me totally loosing support for him and the Republicans in general. If the Republicans are this left in thinking, I can only wonder what the Democrats will do in the White House. Socialized medicine, housing, banking..what is left? Where did this country loose it? Unfortunately I think we are going to go the same route as other countries before us, fear will push the masses into relinquishing their rights. Goodbye capitalism, it was a nice experiment, but I believe we have become too weak to practice it anymore. Wish I was born in the 20's, I have no faith in this country's future anymore.

"the government is considering taking ownership stakes in troubled banks" This is frightening in more ways than most Americans are capable of imagining at this point. A recent, personal email from one of my Senators indicated that if the government can't make a profit after 6 months with the acquired debt, steps will be taken to divest the government of those debts. This is, again, very frightening. First off, the government has no business "trying to make a profit" - anytime you read, hear or see that concept stated, promoted or proprosed, you should flinch - it is part of the underlying structure of fascism, socialism and communism - dictatorships all. We are not to have government ownership of private business according to the very premises which were used to create this nation. To even suggest that our government should attempt to profit from any PRIVATE business which the government has purchased is ludicrous. To think that we can "divest" government held, private industry debt to anyone except foreign governments is folly. Here is the recipe: 1. buy the bad debt and pay off the businesses for keeping their mouths shut about the impending unification of the global economy. 2. declare a loss on the bad debt purchased by the government and seek buyers overseas. 3. foreign governments buy the bad debt, thus repaying the American treasury, however since we are selling government owned private debts, we now have China and Abu Dahbi determining the fluidity of our currency. We now have them setting our interest rates. We now have them as parties with legimate business claims on the fiscal policy of OUR COUNTRY. How much further would it be to have the U.N. purchase the bad debt with the backing of the middle-east and far-east governments and then declare that we need to stabilize our currency to cover our debt to them. You don't like the Euro?.... Prepare yourself for global currency - THAT is where this is heading. Cancel national sovereignty - let the U.N. determine how much of our government's budget is spent on military, infrastructure, etc. All done in the name of keeping the world economy from suffering the normal ups and downs of the business cycle. Are you afraid yet? Are you afraid enough?

Dear Congressman __________, I am deeply concerned over the actions of Treasury Secretary Paulson's decision to use the bailout law to buy into banks, both healthy and troubled. This is Socialism and can not be allowed to continue. The nationalization of any industry must be stopped. I urge you to take action to stop this grab for power!

Are you as tied of the liars in Washington as I am? How about giving all us respondees today control of the pension fund pot set aside for our senators and reps. Bet we can have a really really good time!

Hey Paulson/Bernanke, I just let my Fourbucks coffee go cold while reading about the lastest in the long line of stupid things you guys have done over the past few weeks... can I get a bailout to pay for that? And Pelosi... we all know why you want another "stimulus" package.

If the government has so much of our money just sitting around waiting for a government declared crisis - I want it back - NOW!

No way! No how! The bailout was enough to stomach...and it hasn't seemed to do any good.! What are we, China?

This continued government intervention has me thinking we are all "on the road to Abilene".

Gosh, the government's last intervention worked out so well for us that I think we should let them work their magic again! I WANT OUR $700 BILLION BACK!!!!!

The bailout and further "intervention" are just another part of the Left's relentless march toward socialism. Our government seems bent on creating a system where the individual is overpowered by the state. One glance at the non-existant recovery of the market should be enough to convince anyone that a capitalist free market cannot be run successfully through government control and intervention.