A Slow Suicide

So here it is. The big socialist bailout. The beginning of the communist takeover. The proof I never thought existed that Wall Street corporations and Washington insiders were one in the same. (Chris Dodd is leading this bailout, and he received the most money out of the long, long list of congressmen who the companies who are getting bailed out donated to. Oh, and the last three, I think, head of the federal reserve all come from what companies now? Google it, why don't you.) They say we will have a recession, nay, a depression, if we don't act and act now! Hurry, act, do anything, because anything is better than nothing, even if its the wrong thing! You believe this? I'm not so sure, while a recession may be coming, a depression? People on the streets begging like in the '30s? Really? The free market can't fix this? Are you sure? No, I have the solution! The doubling or tripling or more- don't think they'll stop at 700 billion, when has the government ever quoted something and not gone over? more on that later- of our debt to places like Dubai and China. That's the solution? And so many of you think it's a good idea?

Allow me to illustrate why it isn't by first pretending that it even could be. Let's pretend we said, okay, there's no other way, let's bail 'em out! Here are five contingencies that MUST be in the bailout bill, unconstitutional as it is, so to preserve any amount of freedom and integrity left in our broken, bastardized system.

1- All moneys within the bill must go to and only to the bail out. No pork barrels, pet projects, or pocket lining of any sort... Every dollar must be accounted for.

2- If, IF the federal government ends up making a profit off of the deal (buying the mortgages low, selling them high), ALL profits MUST be distributed- evenly according to tax bracket (meaning if you pay more taxes, you get more back, not the communist opposite that was the Chinese Funded Welfare Bribe)- back to the people immediately. Giving them back flat across the board would be a lousy compromise.

3- The government must be forced to sell once they would make a 10% profit (arbitrary number) on the mortgages, so to put them back in the free market, where they belong, rather than holding onto control like Chavez of Venezuela does.

4- Regulations that were once in place must be put back, and strictly enforced, so to prevent this from ever happening again. Regulations on what kind of mortgages are legal and not. More importantly, regulations must be put on government itself so to prevent them from PRESSURING mortgage giants into giving out loans they didn't even want to, because that (thanks, Bubba Clinton!) is at the foundation of all this mess.

5- All borrowed money must first come from American citizens then preferred allies, rather than the Chinese, Dubai, etc.

I bring up these five simple requirements that aren't for a reason. You know as well as I do that they will NOT be in the package. Congress will line their pockets like never before, on Chinese and terrorist-sympathizing money that you and I will pay back with interest. Moreover, and possibly worse of all, this sets a precedent. It sets a precedent for socialist, communist behavior, in which the government sticks its nose into the free market, screws it up completely (pressuring mortgage lenders to lend to people who should never get loans), then uses its screwing up of the market as an excuse to meddle further. And for profit, even! I'd prefer the government LOSE money on the deal rather than make it, and I'll tell you why:

Consider this: if they DO make a profit, do you think we will see that money? NO! There is no way in hell we will, I guarantee you. They will spend it all, and then some! More money in their coffers, they more they spend, that's just how it is. Only they always, always, ALWAYS, spend even more money than they have. Let's consider a best case scenario: they only spend 700 billion, when all is said and done- which would make my jaw hit the floor. They make a 10% profit, seeling the mortgages back to free market investers, so they make 70 billion dollars. They pay off the debt (don't laugh, it's just a hypothetical), and have the 70 billion left over. That's a 70 billion dollar spending increase, I promise you. You must know I'm right. But still, I will explain.

The following year, with the one-time 70 billion spent, they will want to do so again. Those socialists will NEED to do it again. No, actually, they will want to expand on that to 100 billion or more! "We can do better" will be the campaign slogan you hear. You watch. And since their one-time profit bonus is gone, the 70 billion spent so quickly, where will they get it next year? From YOU, of course! The tax payer. Government never rolls back what they do, they only let it grow. I will site social security and medicare as my examples, which are currently the biggest chunk of the budget, including Iraq.

Social security was supposed to be a separate, secure account for working Americans to pay in to (albeit forcibly) for their own retirement benefits. That was when it was created in the 1940s. Now you can emigrate here from anywhere in the world at the age of 65 and receive full benefits, having never given it a penny. Thank you, Carter! I wish that were the end of it, but there is actually a strong movement to actually give it to illegal invaders from down South. Can you believe it? Of course you can. This is all on top of the fact that, despite its supposed separation from the rest of the budget, congress has repeatedly dipped into it without paying it back, prematurely bankrupting the entire system. I say prematurely, of course, because it is the ultimate pyramid scheme. Literally. It is based on having more people paying into it than taking out of it. While true pyramid schemes are illegal in the USA, the USA federal government actually perpetuates the biggest one ever, forcing virtually all its working citizens into it. Ironic? No, just politic.

Don't forget the expansion into something called medicare, as well, especially the recent expansion to cover all these prescription drugs that we can't afford. Thank you, Bush! But maybe I'm wrong about it. Just ask anyone with an HMO, medicare is great...

Oh, by the way, those regulations coming back that would prevent this from happening... Do you think they will actually be there, and be enforced, and stay that way, what with so many poor minorities- who happen to have God-awful credit- can't get a house? Sure, yea, uh huh. And maybe people will actually study the founding fathers in detail in high school, too.

Quite frankly, I'd rather go ahead and have a full blown depression over this.

This bailout is such a disaster I don't even know where to start. That's why, if you noticed, I just jumped right in. It will result in more spending than ever. It will result in more corruption than ever. It will result in more debt than ever. It will result in our enemies having more power and more power over us than ever. It will result in a more socialist/communist stance taken by our government than ever. It will ultimately result in a weaker American than ever. If you buy the line that we have to or we'll hit a great depression, you probably would have bought Hitler's lines that the Nazies had to unleash the brownshirts or Germany would never be strong. Why do you think they're rushing so hard over the weekend to do it? People are busy with their lives in this country, but if they found the time to catch on to what the megalomaniacs in Washington are doing, they just might throw a fit! They might see through the media induced hysteria if given long enough. And then they would realize what I already know: this so-called "bailout" is slow national suicide.