Wednesday, January 14, 2009

Is There NO Shame? The Preamble...

Is There No Shame?
President George W. Bush notified Congress Jan. 12 of the intent to use the next $350 billion of the TARP money, triggering a 15-day period in which lawmakers can object. I would highly recommend that all readers notify their Congressmen (HOUSE SENATE about the MISUSE of the original TARP... The Executive Branch and Treasury old blatant lies as to how the funds would be used... While there was a general sense of shock and disgust from the public, Congress went about with the $700 Billion bailout. Congressman ignored constituents...the same people they are supposed to represent. The good news is that Bush and friends will not see any of TARP part II. Obama could well be setting the tone of his Presidency by threatening to veto any requests, amendments, or add-ons to the TARP. So much for the spirit of cooperation. I remind readers that both McCain and Obama would have done the same thing to Congress. (1) Gullible maybe, but shell-shocked for sure Congressional representatives are will wearing the ears and tail of a jackass Bush and friends made out of them after the original TARP was pushed through. Congress is only looking at a damage control measure... the question is "Who can you trust to do the right thing with TARP?"
*Please note that approval of the second half of TARP is imminent... also know that financials continued to plunge for weeks even after funds were distributed!!!


The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

I wanted to leave readers with the wisdom of our Founding Fathers. The U.S. Constitution never promised a perfect country. It said that government would serve basic functions. Also, it would protect the blessings of liberty to themselves and the generations that came after. I hope that our nations leaders read the Preamble everyday before they take care of the nation's affairs.

1 comment:

DCNorth said...

Wow. It's like throwing dynamite into a hole to try to fix it...but the only thing that you have done is make it bigger!...haha. Now the retailers are asking for a tax holiday! Give me a break. The only thing that will do is make people wait until it is declared, buy more stuff they don't need and then continue in their clamp down mode.

Why were the numbers such a shock? People don't want to spend money to fill their car to get to work, (if they still have a job) why on earth would they want to go out and buy continue a life of conspicuous consumption?

On the upside, SRS is starting to pick up a bit more steam! Here's looking to more retail bankruptcies!

DCNorth