BAILOUT = SOCIALISM
September 29, 2008 | Bradenton, Florida | Vetting explained
We are working families who did not sign up for this.
Any elected official that considers socializing private companies losses with taxpayer dollars is NOT interested in protecting the taxpayer!
The "correction" will happen regardless if this unAmerican, Unconstitutional transfer of wealth of a bailout bill is passed. 700 billion is a drop in the bucket compared to the TRILLIONS of mtg debt out in the market. 700 billion is chicken feed, a drop in the bucket. Prices need to deflate on their own, we should not allow our government to artificially prop up values of these worthless securities with OUR TAX DOLLARS.
I would also like my receipt please, because if our hundreds of billions of taxpayer dollars that have already been limitlessly committed to bailing out FANNIE MAE & FREDDIE MAC are still not enough to keep these banks running, & they fail, & the paper I'm paying on is worthless & it's owned by a Foreign bank....and our home prices continue to decline....and our tax dollars are being used to bail out my mortgage holder by buying my mortgage back from him?..... Then our homes should be free & clear.
WHY WOULD ANYONE CONTINUE TO PAY THEIR MORTGAGE PAYMENTS?
If our tax dollars are being used, all we need in return is a receipt, to show our mortgage company that our home is now free and clear.
SOLUTION:
If We The People are going to be accountable by means of cost, the only way to prevent this from happening again is for THE PEOPLE by means of the congress to control the issuance & coin of our own currency, not the FED.
Free Markets do work, our market lost it's freedom in 1913.
Please write in Ron Paul on Nov. 4
- Posted in Assignment:
- Bailout outrage
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