14 October 2008

No Grite. Now I must...

Stocks fall and stocks rise, banks fail and banks merge, so why did the government violate our consitution by giving our money to corporations?

President Cleveland stated:

"I find no warrant for such an appropriation in the Constitution, and I do
not believe that the power and the duty of the General Government ought to be
extended to the relief of individual suffering which is in no manner properly
related to the public service or benefit."


They do not have the authority to give our money to a corporation. It is not their money, it's ours. We are on fast track to socialism. Today the bailout, tomorrow? Today a Treasury Czar, tomorrow? We cannot allow the constitution to be violated simply due to an emergency. This is where prudence comes in, patience, fidelity.

It has been said that Pelosi and Reid plan a special session of congress, maybe the conservatives can get the bailout repealed and pass a true plan for growth and confidence. One that encourages the market to take risks again and buy these bad stocks and institutions, reform them, and put us back on the road to prosperity.

The Plan should:

Strengthen the dollar:
  1. Cut corporate and personal taxes to no more then 10%
  2. Cut spending back to 1995 levels with more cuts planned
  3. Eliminate the death tax, capital gains tax, completely
  4. Pay down the debt
  5. Congress take back the power to print money from the FED since it has totally failed at maintaining the dollar's value

Build confidence in the future:

  1. Open up all of the United States and territories to oil and gas exploration
  2. License the building of nuclear and coal plants

Strengthen business:

  1. Eliminate tarriffs on sugar to help the rum and food companies
  2. Eliminate the subsiding of corn to ethanol

I am sure there is more that can be done which does not give any money from the people to corporations.

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