Liberty Maven

Yesterday on CNN’s the Situation Room one of the pundits who happens to be a member of the much distrusted (by many Ron Paul supporters) Council On Foreign Relations (CFR) lamented that Republicans “betrayed their own President and party” by voting against the big bad bailout bill. It is this mindset that we are railing against in large numbers as we continue to call, email, and write our representatives to tell them we don’t want our tax money to go toward any kind of bailout. It seems that lawmakers must now choose between betraying the status quo in Washington or betraying their own constituents. So far, the constituents are winning. That is as it should be, but there is another fight looming.

Now the Senate plans on voting for an “adjusted” bailout bill tonight. It includes tax breaks and higher FDIC insurance guarantees. The tax breaks are very targeted and will not affect a large number of people. The new FDIC limit provision does nothing for the economy other than send a false signal to people that the government has your bank account’s back. This notion is ridiculous. The U.S. government is insolvent. The national debt is headed north above $10 trillion. How can we trust the government will have the ability to “protect” us when the time comes? More importantly why should the government do so? It is time to disown Mommy and Daddy government.

John McCain bluntly stated the strategy for the bailout bill when he said, “The first thing I would do is say, ‘Let’s not call it a bailout. Let’s call it a rescue,’ Americans are frightened right now”.

Other supporters of the bailout began calling it a rescue around the time George Bush went on TV to plead his case for the bailout. If this is a rescue then it is the equivalent of sending a cold calculating serial killer to rescue a young woman from being robbed. Sure she’ll be saved from losing a bit of her money, but she’ll end up being killed in the end.

The media yesterday spoke how the stock market surged upwards because of the confidence some kind of bailout bill will be passed this week. It seems to me the market surged because there were good buys out there after the oversold panic from the day before. Indeed, the main stream media seems to have a bias toward supporting a bailout of some kind.

We now have the sitting Republican President, the two candidates vying for his job, and the media all in agreement that something must be done and that something is this horrid $700 billion heist right out of the U.S. citizen’s pockets. Please contact your Senators and urge them to vote against this new thievery of the American taxpayer. It is time we all started living within our means so we aren’t forced to live beneath the means we once had.