Someone passed on this email to me a couple days ago from the AFA.Dear ******,
Washington has just put every member of your family deeper in debt. Washington added $700 billion to what we owe, making our debt $11.3 trillion. That amounts to $37,667 for every man, woman and child in America. Several hundred million of this $700 billion bailout went for "pork barrel" spending which is unrelated to the financial crisis.
The financial crisis is the result of power-hungry politicians telling Fannie Mae and Freddie Mac to make loans to people who could not afford them, and then Fannie and Freddie forced the banks they serve to do the same. Those who lived inside their means and bought what they could afford are seeing their retirement funds going down the drain while the responsible parties pocket their millions.
The financial crisis is the result of power-hungry politicians telling Fannie Mae and Freddie Mac to make loans to people who could not afford them, and then Fannie and Freddie forced the banks they serve to do the same. Those who lived inside their means and bought what they could afford are seeing their retirement funds going down the drain while the responsible parties pocket their millions.
We are fed up!
We demand open congressional hearings to investigate this matter. If we don't act now, the politicians will sweep this under the rug.
• We want to know who did what, when and why that caused this crisis.• We are fed up with you mismanaging our money. • We are fed up with you "taking care of your buddies" in smoke-filled back rooms. • We are sick and tired of having our money taken from us and squandered by Washington for political gain.• We are tired of individuals doing a shoddy job of running a quasi-governmental operation and being paid $90,000,000 with our tax dollars. • We demand an explanation of how this crisis happened and who was responsible for it. • If laws were broken, we want those responsible prosecuted. • For those who acted unethically, we want to know who they are and what they did. • We want hearings on this matter, and we demand that they be open, not behind closed doors. • We hold Congress responsible to get to the bottom of this matter so that it will never happen again.
My response:
I am glad that you sent this to me. Christians often focus on abortion and gay rights/gay marriage because these are two issues in which government encourages to people to commit sin. But when the government uses taxpayer’s money to bail out financial institutions with unethical business practices, this is theft, which just as much of a sin as murdering babies or sodomy.
• We want to know who did what, when and why that caused this crisis.• We are fed up with you mismanaging our money. • We are fed up with you "taking care of your buddies" in smoke-filled back rooms. • We are sick and tired of having our money taken from us and squandered by Washington for political gain.• We are tired of individuals doing a shoddy job of running a quasi-governmental operation and being paid $90,000,000 with our tax dollars. • We demand an explanation of how this crisis happened and who was responsible for it. • If laws were broken, we want those responsible prosecuted. • For those who acted unethically, we want to know who they are and what they did. • We want hearings on this matter, and we demand that they be open, not behind closed doors. • We hold Congress responsible to get to the bottom of this matter so that it will never happen again.
My response:
I am glad that you sent this to me. Christians often focus on abortion and gay rights/gay marriage because these are two issues in which government encourages to people to commit sin. But when the government uses taxpayer’s money to bail out financial institutions with unethical business practices, this is theft, which just as much of a sin as murdering babies or sodomy.
“Fed” up is right. If it wasn’t for the Federal Reserve we wouldn’t be in this mess. A privileged group of bankers (members of the Central Bank) get filthy rich collecting interest on loans of money which is not theirs. This money, which is created out of thin air by the Fed, is not only loaned to private citizens and corporations but also to the Federal Government itself. This causes the value of the dollar to drop and prices to go up, which is effectively the same as a tax. The Fed is not a government institution, but it is a private organization, controlled by the Central Bank, and it has never been audited by the government. Economists argue that the Fed is necessary in order to boost the economy, so that money can be loaned out at artificially low interest rates.
But they shouldn’t be allowed to just create money out thin out air. Whether the national debt is increased, taxes are increased, or whether the federal government simply creates more money to pay for this is irrelevant. It is still theft. This recent bailout is just another band-aid which does not treat the root cause of the problem, but is effectively like giving a drug addict more of the drug he is addicted to.
You can find out who voted for the $700 billion bailout and send them a real pink slip that says, “You’re fired!” at this website:
Matt
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