Re: WaMu COLLAPSE: OPINIONS: IDEAS?
The bail out will not work! write your congressperson and tell them no! Below is what Ron Paul says about it.
AS far as hungry people well this is why I have already moved to the mountains and am growing my own foods raising chickens for eggs and have a milk cow.I plan on feeding the people who come here. Yes they will be hungry and may want to steal but I plan on opening the door feeding them and then having them help in the garden to grow more food to feed more people. Peace and love is the way. We are the ground crew who came to help and show the way.
1.) End the Bailouts - Congress must revoke the Federal Reserve's authority to bail out failed businesses at your expense.
2.) Cut Taxes and Curb Regulation - If we really want to stimulate businesses and revive the market, we need to cut corporate and capital gains taxes, spurring investors to come back to the market and making it easier to attract new workers and clients. It is also time to end failed legislation like Sarbanes-Oxley, which has crippled capital markets, diminished our competitiveness, and greatly harmed small businesses.
3.) Reduce Spending - We must freeze all non-entitlement spending by the federal government at current levels and eliminate wasteful spending both domestically and in our trillion-dollar overseas budget. Our debt has to come down, and it won't until we start living within our means.
4.) Reform the Monetary System - If we are to have long-term economic progress, we must end the system of printing money out of thin air. The current laws limiting the circulation of gold and silver-backed currency must be overturned. We can no longer base our money on the empty promises of bureaucrats that it is sound.
The federal government is trying to scare us into accepting more tyranny. Don't stand for it.
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