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Despite our phone calls, emails and letters, and despite the fact that most of them are up for reelection next year, the House passed the bailout of Wall Street totaling $850 Billion. If you are not enraged, then you should be. We still haven’t heard where this money is going to come from, could be Russia, could be China, it could be outright issued by  the FED; none of these are good options.

Remember what our founding father, Ben Franklin, said about debt in regards to war, “you’ll get the bill after the war is over.” That being said, we still haven’t received the bill for the $3 Trillion criminal war that King George II got us into. As Nobel Laureate Stiglitz expressed on Democracy Now! yesterday “the Fed engineered a bubble … the housing bubble facilitated people taking money out of their mortgages; … in one year, there were more than $900 billion of mortgage equity withdrawals. And so, we had a consumption boom that was so strong that even though we were spending so much money abroad, we could keep the economy going.”  Thus our plan to pay for the expenses during the war has failed and resulted in $850 Billion in losses, meanwhile the war which is the reason for this crisis has yet to be paid. [ Of course we are still there and it costs $12 Billion a month. And no matter whether it’s Obama or McCain in January, we’re not leaving anytime soon.]

While watching the House give their speeches about whether they favored the Senate’s changes to the bill, I noticed that a lot of them spoke as though this would be their last vote. Some of their term limits have expired, while quite possibly, some of them may have believed that they wouldn’t be voted into Congress again.

When I look at the rationality behind voting for this terrible piece of legislation, I think about the telecom immunity bill that was passed earlier this year. The Bush administration told them to spy and the Bush administration decreed that the corporations shouldn’t be held accountable for their decisions. Congress went along with it and passed the immunity bill. I’m convinced that the same thing has happened here,  the opinion of Congress was that it was the government who created this housing bubble, thus it should be the government who takes the fall. Wall Street was only operating under the framework set forth by the government.

Regardless whether my sentiments are correct, this is what Congress’s vote means: we the people are taking the responsibility for the failures on Wall Street. Our government set it up. Wall Street obeyed. Knowingly Paulson playing the role of the double agent in this game, Chairman of Goldman Sacs and Secretary of the Treasury, knew how it all would end. Thus this bailout was planned. Does it surprise you that it arrives on the last day before congress adjourns for the 2008 elections?

What we have is a case of the greater evil bailing lout out the lesser evil and the people suffer as a result. We needed that bill to fail and these crooks along with it. That is a reminiscent of the 2008 Election, where many voters are suckered into voting for the lesser of two evils; or as presidential candidate Chuck Baldwin said “the evil of two lessers.” The four 3rd party presidential candidates ( that are capable of winning the election) were aligned with the majority of Americans and against this bailout from the start.  Independent candidate Ralph Nader asked the most important question, “Is a bailout even needed?” But we don’t hear their voices on the debates now do we?

Opposition was nullified.  A debate wasn’t wanted. The bill has passed. Now Congress is adjourned.

As a Side Note:

We need to get these debates open. We need to get the people’s voices heard. The door keeps slamming on us, when will we kick it down?
Here is what we can do: Go to ThirdPartyTicket.com and pledge your support. We need to get a lot of support for this video (and others like it) on YouTube.com: http://breakthematrix.com/BreakTheMatrix/Why-not-include-them

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