Posting for anyone that might be interested.

from C4L (Campaign For Liberty)

http://www.campaignforliberty.com/bl...09/bailout.pdf

"We are mortgaging the future of our children and grandchildren at record rates, and that is not only an issue of fiscal irresponsibility, it's an issue of immorality."
- David Walker, former Comptroller General of the United States (Speech to Birmingham Rotary Club, Jan. 9, 2008)

Crisis on Wall Street

Massive fluctuations in the stock market are signaling economic unrest at home and around the globe. On September 15th, the stock market dropped over 500 points - the largest point drop since 9/11.

The Federal Reserve's recent bailouts of Fannie Mae, Freddie Mac, and AIG have already cost American taxpayers hundreds of billions of dollars, and the price may ultimately be in the trillions.

What's the Federal Reserve? It is an unelected, government-licensed monopoly that inflates the supply of dollars in our economy.

The mortgage crisis and the current economic turmoil is a direct result of the Federal Reserve's artificial lowering of interest rates - which spurred major banks and other corporations to back bad mortgages.
And the bills are now coming due. With each new bailout, you are forced to take on the liabilities of Wall Street, all while the value of your paycheck decreases due to the inflationary policies of the Federal Reserve.

What are our leaders in Congress doing about it?

"No one knows what to do...."
- Senate Majority Leader Harry Reid (Bloomberg.com, "Democratic Congress May Adjourn, Leave Crisis to Fed, Treasury,"
September 18, 2008)

Now, Treasury Secretary Henry Paulson (former CEO of Goldman Sachs) and Federal Reserve Chairman Ben Bernanke want American taxpayers to take on $700 billion in bad mortgage-related assets.

Is there a solution?

America became the greatest, most prosperous nation in history through low taxes, constitutionally-limited government, personal freedom, and a belief in sound money. The way out of this current financial crisis is to return to those timeless principles:

1.) End the Bailouts - The Federal Reserve's authority to use taxpayer money to bail out Wall Street must be revoked and the Fed must be held accountable.
2.) Stop Congress' Reckless 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.
3.) Cut Taxes - If Wall Street can be given your tax dollars, shouldn't you get some back? It's time to cut taxes and return your money to you. Combined with spending reform, this will increase the purchasing power of our dollars and help lessen the economic storm.
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.

What can I do?

Contact your representative and senator today and let them know that it is time to end the Federal Reserve's stranglehold on our economic future! Ask them to reject the Paulson and Bernanke plan to prop up reckless banks at your expense.

Capitol Hill switchboard - (202) 224-3121
Visit United States House of Representatives, 110th Congress, 2nd Session and U.S. Senate to find the websites of your representative and senator.

In time, we can turn our economy around and secure our children and grandchildren's economic futures. But we must take action now!
Please visit us at Ron Paul’s Campaign For Liberty

I agree with Ron Paul in some aspects.

I absolutely believe Bush bet the farm on us invading Iraq and expanding our economy there. Our wonderful soldiers are not fighting for our freedom in the truest sense. They are fighting for our economy. The whole terrorism thing of 9/11 played perfectly into their hands and they played it to the US citizenry perfectly. To keep this rouse going, we needed to expand our economy and the Middle East is ripe for us to take over. Bush lost the bet and this is the result. Please read the PNAC mission statement. I begged people in 2000 and again in 2004 to NOT vote for Bush. I knew this was happening ..... so sad.

I can't imagine being a service person and finally realizing I was asked to kill people so other people can make money. So sad to me. This was so evident years ago and we just walked like sheep right into it. Bush used religion to seal the deal, which makes it even more tragic to me.