By : TheBrutalTruth (2009-06-14 20:44:31)

NY Times

Apparently, according to Obama and his Administration of Misfits, the massive squandering of public moneys for the benefit of private corporations is how we "protect" ourselves. In that regards can't we just ditch the regulation and run around figuratively in the nude?

First off, there's the small problem with the inflationary policies of the Federal Reserve, which loaned out trillions of dollars that it probably produced out of nothing. Something that Representative Ron Paul wants to verify for the public by auditing what is probably the central pivot in a large corrupt banking system.

A banking system that has banks that are apparently too big to fail. A description that would seem to indicate that these banks shouldn't be getting bailed out, but should be getting investigated for being monopolistic entities that are too big to exist as one unit.

It is clear that this is the case. The cost of the bail out was in the trillions. The key focus of the crisis was massive financial institutions that went out having financial intercourse with strange financial animals that the world had never seen before. Can it be any surprise then that they ended up with diseases such as Capitalitis, Ratingitis and Worthlessism?

These financial titans are counter-weighted by the smaller local financial institutions that quietly continued to function as banks, instead of cavorting with strange financial animals and the unknown Financial Intercourse Related Diseases that they contain.

No, the local community banks that had small market caps and were focused in a few communities, or a single state, did not play with those weird financial animals, nor did they bring down the financial markets creating this recession.

They are not lined up waiting for bail outs, nor are they showing any cause for them to be regulated more tightly. A capitalist view would dictate that the government had let the banks that had engaged in financial intercourse with those weird financial animals be left to suffer from the Financial Intercourse Related Diseases that they picked up.

Diseases that would have lead to their ends. It is only Fascism and Socialism that we see a government that insists on tightening regulation in an industry more tightly regulated than any other (despite clear evidence that regulation doesn't work, and politicians can be bribed, err, contributed, into loosening regulations, much like Dodd, Pelosi and Co. were.)

Instead of realizing that the typical response of saving imbeciles from themselves (the most beloved approach of socialists) is unnecessary and wasteful the politicians ignored the public and voted to bail out the banks, and the GSEs and Detroit. Once again demonstrating the power of bribery.

No, a rational person, would realize that not only was the vast majority of the country against the bail out of the banks, and other financial institutions, but the majority of the country would hardly have blinked had the government announced that it was dividing up the failing firms such as JP Morgan Chase, Bank of America, CitiGroup and others for being abusive monopolies in their dominant regions.

Matter in fact, one would imagine that had the government announced that it was forcing those firms to declare bankruptcy (instead of bailing them out) the majority of the country would have cheered. Glad to see the firms that routinely punish them for their flaws (over drafts) get their come-uppance.

The banks wanted forgiveness for their sins, but only on rare occassions (when giving it wont hurt their bottom line_ are they willing to give their customers any kind of indulgence.

Too big to fail, simple means too big to exist. Instead of protecting these banks from themselves the government should be protecting the citizens from these banks.

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

Its the federal reserve, it is made up of some of these same institutions. If they are undercapitalized they can just print up whatever amount they need to do business again. They have fancy acronyms for these " payments"..TARP, TALF and others. In my book its called fucking the citizens over by stealing from their future earnings. In just 6 months they have doubled the monetary base, once that money works its way through the system its going to buy you half as much as it does today. Right now we are in a deflationary downturn, as soon as it bottoms you are going to see big capitalized companies start buying smaller distressed companies for pennies on the dollar, they will get really good deals on all sorts of things, while the citizens hope the unemployment check puts enough food on the table cuz it sure as shit won't make the house payment. Yep prices arfe going to go up, paychecks will become less or cease to exist altogether and our world and the standard of living we enjoy is going to get knocked down a few notches for the majority of folks.

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It is far easier to ignorantly control others than it is to wisely control yourself.

yup

and if you look at the names of the top corrupt politicians involved, you'll find people like henry paulson- our last secretary of treasury, former top-guy for the largest insurance company, AIG

Or president of the federal reserve, timothy geithner, former president of the NY reserve

doesn't take a rocket scientist to see how overtly-corrupt these people are...and they'll stop at no end to rob Americans. this isn't "bailing out the too-big-to-fail, to avoid some 'ripple effect in the economy'"...this is nothing more than filthy politicians bailing out their wallstreet buddies.

We need a forceful revolution...i'm talking pissed-off people with sniper weapons taking out obama, pelosi, geithner, summers, etc.

+rep for nodrama

agreed

100% agree. Sign me up.

Dude not good. This talk is getting lunatics hyped up and ready to blast innocent people.

ARREST THE ADMIN FOR HIGH TREASON. We can do it. Grab a million or so people, arm all of them. March to the white house, and make our voices heard. Give them justice, bring them to a court that we control. Then throw the bastards in a prison we control, they'd hate that more than dieing.

No need to use the weapons, unless they give us a reason.

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"And those who resisted were dragged out from their homes. This necklace was fashioned out of their teeth and bones."

Definitely have to agree. It would be much more satisfying to see them rot in a prison...

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

Mr. president, the people are here. How many? Umm all of them sir.

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They may take our lights, but they will never take our freesun!

That would be hilarious...

How would some one go about organizing a rally that big. I mean, you'd need access to a lot of cash, as to guarantee its success you would need to provide transport.

Heck, you'd need to come up with the logistics

Material - Food, Water, Transportable Toilets, Transportation
Time - ??? unknown
Terrain - Urban
People - US Citizenry
Resources - ??? unknown
Obstacles - Government Interference, Irrational Fear Mongering by both the Left and Right media (Fox, CNN, MSNBC, etc.)
Goals - Complete Reformation of US Government at the Federal and possibly state levels.
- Complete and total dissolution of the Federal Reserve
- Break up of JP Morgan Chase, CitiGroup, Bank of America, WellsFargo, and a starvation of other banks.
- Dissolution of the GSEs, Fannie Mae and Freddie Mac with a full disclosure of how much money they've received from the tax payers.
- Replacement of the US Currency with a non-debt based monetary unit.

There anything else?

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

I think a good example would be to take a look at the Iranian population over the last couple of decades in America:

For instance, if the US stays on Israel's side, and Israel decides to set Fire to Iran... Iran already has enough people living in the US to put a bomb in every school in America. Point being: You organize something like that long before it becomes necessary.

When I went to college, most foreigners were paid by the US to go to school there. A Chinese man I knew was not only given the equivilent of free tuition, but was also paid to teach "primitive chinese agriculture" to his peers. His weekly salary he told me, was enough to "buy shoes for my entire village of 600 people" although that was around '92.

If you want a remarkable show of force to descend upon Washington, it should have been organized 2 decades ago. We could begin planning for a 2030 push, but they will have all of our guns long before that. Maybe we could develop our own weapons, mother of invention style. I'm seeing nunchuku's made from xbox controllers!!!, yeah and deadly whips made from plasma screen TV cords, and shuriken made from old, scratched cd's.

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Why Live in Pain?