Tuesday, February 24, 2009

$top the bailout$

I received an email today from Americans for Limited Government. If you think, as I do, that what President Barry Soetoro (a/k/a Barack Obama) is doing, through the stimulus and bailout handouts, is the wrong thing, and if you think, as I do , that by trying to spend taxpayers money and indenture our children with an even more expansive deficit, then please sign the following petition.
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However, if you want to sit back and watch this inexperienced, two-bit political hack from Chicago continue to destroy this nation, then turn off your computer and turn your TV back on and enjoy American Idol or As the World Turns or Lost. . .
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Petition to the
111th Congress of the United States


Whereas, the United States Congress has otherwise appropriated, committed, borrowed, and printed some $10 trillion throughout 2008 and into 2009 over and above the regular budget, and

Whereas the bulk of these funds have been used to “bailout” or otherwise subsidize banks, financial firms, delinquent homeowners, and other institutions, and

Whereas, all of this record-setting expenditure has been borrowed funds not otherwise available to the Treasury of the United States, and

Where, the conditions leading to the current financial crisis were created by government and are a direct result of 15 years of flawed fiscal, monetary and social policy,

Now therefore, we the undersigned citizens of the United States do hereby call on Congress to take the following immediate actions:

1. Insist that all funds expended or committed by any agency or authorized agent of the United States be subject to a public vote of the elected Congress.

2. Undertake an immediate investigation of exactly how all funds have been spent, to whom the Federal Reserve has issued loans and the terms of such loans, and otherwise make the entire process of the financial bailout completely transparent.

3. Block all moves by the Obama Administration to hand homeowners of mortgages in default or near default a reduction in principle of the amount of the mortgage.

4. Bring an immediate end to the bailout and subsidies for firms and individuals who have made bad decisions and allow market forces to find the appropriate price level of housing and securities to enable the market to again function.



Click here to sign the petition!


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