The Missing Smoking Gun

Well it seems the powerful liberal mindset (yes, select Republicans too) will probably pass the TRILLION dollar corporate bailout, along with some inserts for other mega losers like the US auto industry.

It wasn't too long ago the only mortgages the government guaranteed were those that were part of the GI Bill, sometimes called a VA Home Loan. The core of the current financial problems are easily traced to government (liberal thinking politicians) extending these guarantees to any unqualified borrower - even without a job and even to illegal aliens. Now this same liberal thinking group (of which Barack Obama is a part) want you and I to pay up.

Missing in this grand theft from taxpayers is a few revised statements from big government, something like:

• The US Government will only guarantee home loans from veterans with only one per veteran at any given time
• No more guaranteed loans to illegal aliens
• No more guaranteed loans to anyone that filed bankruptcy within the past 7 years
• No more guaranteed loans to anyone without a means of income
• No more guaranteed loans to anyone with a record of excessive late payments on consumer loans
  

The very issues that caused their own created fiasco are not being terminated, and you better be concerned about that or you will be hit with continued bailouts, as will be your children.

The Great Liberal Failure

Let's just be blunt - the Liberal program to distribute home ownership to those that couldn't afford it while backing those bad loans with the tax payer's money has failed.

Their socialist experiment was simply one of their wealth distribution schemes - the type that Barack Obama strongly supports. It has fallen flat on it's face and into the wallets of the middle class of Americans.

Then we have 2-faced politicians like Barack Obama pretending he was against this housing for the disenfranchised scheme and blaming it on the Bush Administration, while all along he directly benefited from this scam as well as all the other lawyers and hoodlums in DC.

Barack Obama's "Change for America" will mean much more of this wealth distribution using the fist of BIG GOVERNMENT to shove it up the ass of America as a whole.

This proposed bailout is nothing more than an attempt to salvage the investments the hoodlums in DC have lost, and does absolutely nothing for America as a country (except to accelerate our ruin) nor the American people (except to the eventual massive tax increases).

Corporate welfare - plain and simple. $700 BILLION? That's just the start and don't think it won't grow because it will. How are these hoodlums going to pass this absurd fat-cat bail out? Use the good old FEAR FACTOR - it's worked in the past and can work again.

As Ron Paul has said:

The issue boils down to this: do we care about freedom?

Do we care about responsibility and accountability?

Do we care that our government and media have been bought and paid for?

Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government?

Do we care?

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CNNMoney.com:

Wall Street securities and investment firms have given over $35 million to Democratic candidates this election cycle. The amount they've given to the Clinton and Obama campaigns is nearly five times the amount they've given to McCain.

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