Why This Bailout Must Happen

No, not that bailout. I am talking a bailout of the American people.

Informal polls indicate that 80%-90% of the people, that is We the People, say no to the bailout of Wall St. It has been made very clear to both the House and the Senate as well as President Bush that the people have said NO! One Representative even quipped that his voicemail was 50% No and 50% Hell no.

Both McCain and Obama are very aware of the opinion of the people, yet they are both publicly pushing for the passing of the bill. Both are thought to be voting to approve it in the Senate.

Our free speech on the issue is being ignored by our elected officials whose very and only job is to represent our voices, not their opinions nor not their desires. So I say We the People need a bailout of our own from what can be called arrogant incompetence at the least, tyranny at the most. So in order to achieve this bailout we must appeal to the most powerful entity of our system…which is We the People. Simply put, we have to help ourselves.

In following the T&C I can not and will not organize a group to combat the Federal Government even though what actions I propose are both completely legal and are within the bounds of the US Constitution. What I can do is answer the question of what you can do.

You can petition directly to the Governor of your state individually or with a collection of friends, neighbors and relatives if you feel that the House Representative and Senator that is supposed to represent you is not adequately representing your stance in issues at hand. That you (all of the undersigned) are directly calling for a vote of no confidence due to misrepresentation. You demand that the Governor immediately issue a recall until such time that an election can occur within your represented district. Remind the Governor that failure to do so with utmost haste and expedition will result in a vote of no confidence in the Governor and that a recall will be issued and pending outcome could mean their replacement with a newly elected Governor.

This places both pressure and direct responsibility on your Governor in ways that end political careers abruptly. It sends a clear message that No means No. And that the people are not going to stand for these kinds of shenanigans any more.

Banks. Banks make money by investing deposits and making loans. If your bank refuses to issue credit in the form of a loan, inform them that you very familiar with how fractional reserve banking works. That you will close your accounts , you will encourage your friends, neighbors and relatives to do the same. You will also relate your treatment and experiences online so many people are aware of how they conduct business with long time customers. And together will all search for a bank that desires to remain in business to conduct financial matters with since they fail to understand how fluidity is essential to growth and combats economic stagnation that will only serve to drag out this crisis.

Leadership and diligence are the keys to getting through these tough times. The line in sand can be drawn now but it is only worth doing so if you are willing and ready to defend it with due vigilance. Roosevelt knew this well and summed it up with that great quote from his first inaugural address…

This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.

This deserves a star, maybe we should send some sort of warning to our reps letting them know that a lot of people care and know how to get them out if they keep ignoring their constituents. That's the message they need to hear, that we know how to hurt them if they ignore We the People and abuse their power-have you seen the campaign contributions from banks?!

S&F, I have already emailed my state rep, perhaps its time to email the govenor as well, before the next vote.

It's time the American people stood up and the government realized that we are a force to be reckoned with.

The freedom of speech has been revoked ever since congress came to play. People do not realize how congress makes all the decisions and we are left with the bill. If they made a mistake no one gets fired, arrested nor do they get verbal warnings. If we(the people) make a mistake then we get the full power of the gavel.

If you ask me, I would say let Wall St. fail. Sure people will go broke but I am sure you will not be worse off then people in Iraq, or Somalia. You will have to lower your standards of living but that is just a small price to pay for your health. There are people who live off 1-3 glasses of water (if they're lucky), and only rice.

Americans are tough and I am sure you can tough it out.

[edit on 2-10-2008 by Equinox99]

I extend a thank you to those that responded. Very shortly after posting this I recieved a U2U from a member and I feel that I would like to share my reply.

Note edited for flow and readablity to a wider audience...

My intention is not only to speak my mind but to let people know that they are not alone. That we are not powerless, that the phonecalls and emails are not the end. That there are far bigger and deeper things that they can do to make themselves heard and taken very seriously.

The issue here just isn't the robbing of the unwilling to reward the irresponsible and incompetent but to acknowledge that the message while heard was not heeded and the reprecussions of that arrogance must be clearly known and definded that what is about to be done is wrong and beyond their authority to do so without the consent of the people.

This single issue can correct the Us and Them separation that has, in effect, unconstitutionally created a title of nobility in America.

To that that I would like to add, that over the past few days I have read posts and threads that ask for solutions and calls for violence and revolt. I offer this as a solution that might work or at the very least garner serious yet respectable attention and a wake up call to the elected that feel they can act with impunity. To show and prove that that mentality is wrong, that they are being watched and that We the People can indeed respond.

The bailout can always be adjusted, but don't kid yourself, SOMETHING needs to be acted upon now in an attempt to restore confidence, no matter how temporarily flawed it is.

The alternative is a full blown, quiet, but thorough run on the US banking system, including a shut down on the payments system.

JK

Then instead of giving it to Wall St. make it available in the form of grants and loans to small businesses and industrial/manufacturing startups after submitting a workable business plan and a promise of creating local jobs to fortify the local economies. After all that mantra is bailout Wall St. to save Main St. Do we need a middle man that has already proven fiscally unsound?

But the issue here is despite overwelming word of the people, the elected acted on their own and did not represent the voice of the people.

I would love a job that paid very well, didn't care if I showed up for weeks and months at a time and when the largest bit of crunch time comes, I can freely do whatever the hell I want to do instead of doing exactly what I was paid to do in the first place. All this and a performance review in the single digits and have no worries of my 2 or 6 year contract ending soon because the boss is either too afraid or apathetic to call me on the carpet or fire me outright.