The Bush 700 Billion Bail Out

Most American politicians are terribly stupid, superficial minds. At first glance it seems that they are simply conspiring with Wall Street Big Wigs to steal from the Treasury before Bush leaves office. You know. Remember how Bush authorized Dick Cheny to work with the oil companies in order to jack up prices before they left office so they could get rewarded once out of office? Well, its pretty clear that the Republicans in general, and Bush in particular are trying to cover up the biggest economic blunder in American history made by any president and their party. They truly believe that Americans are either dumb enough to not recognize that they are being riped off, or they believe that we simply will be powerless in taking strong action.

Every day Americans are losing their homes, jobs and excessive amounts of money from their savings. There is roughly 13% of Americans who are actually generating billions of dollars off of the sufferings of most. Common Americans do not commit time to evaluating the corruptions of the government precisely because the government, through industry, creates enough distractions to keep us all preoccupied. Whether through crisis, entertainment or miseducation, they repeatedly achieve in getting us to believe pink is white and that brown is black.

The greatest flaw in American Democracy is that those who vote into office obvious incompetent imbeciles like Bush are not the only ones who must suffer the ills. Why should the rest of us who know that he was a thief–illustrated by his stealing his first term–have to be subject to his criminal acts? This is what causes smart people to want to start a Revolution or to succeed from the Union. I have to say that it is a big disappointment to find no actual leaders in this populous nation who would give voice to what is actually going on. Deception is killing us.

I will not break this down as an economist would, but in laypersons terms its simple. The 700 Billion Dollar Bail Out is the greatest attempt by politicians to hold up the American Peoples Bank. No Bank Robber ever had this much nerve. For 700 Billion, we could actually start a totally new banking system to provide credit to legitimate businesses and homeowners who meet adequate requirements. Then let Wall Street work out its own problems on its own. Sure, many billionaires and millionaires who are Americans and NOT Americans would lose much money and possibly go broke; however, those who are actually the majority would still be able to survive and thrive.

Furthermore, companies who have in fact been stealing from Americans would fail and more honest institutions would take their places. This would mean that the “Free Market Forces” would be allowed to get rid of the bad stuff to make room for what is sounder and good. The absolute irony is that now all of this is being thrown out the window. I am ashamed to be American right now. There are many of us who see what’s going on, but what shames me is that just as many support what is going on and its greatest culprits as McCain. Obama is not standing up neither, so I certainly wish we had a viable Ralph Nadar like candidate. But the less of two evils is Obama.

The bottom line is that just as Bush, Cheny and the Oil companies jacked up the gas prices so high so when they reduce them back to something less then we will be greatful and accept the reduce yet higher gas prices, they are now calling for an outrageous 700 Billion, knowing full well that 700 billion is totally an amount not needed, but they hope that they will get at least half or more of this. The Republicans wish to get their last big lick in before the elections, not being sure that they shall have another 4 years to rape the People some more. They know that Americans are very passive and have no inclination to strike a revolution.

My family and I are very blessed not to be suffering as many throughout the country are. We are in Silicon Valley in a million dollar home that has not taken any hit in this market downturn. For me it boils down to common sense: Do we act out of fear or wisdom? Bush is a bona fide idiot. I do not say this disparagingly, but based on reality and a matter of record. We know that Bush and the Republicans are masters of deception. That they have lied about Iraq, Al Qida, Oil Companies, Communications Industry et cetera. Albert Einstein famously stated that a sign of insanity is doing the same thing over and over again expecting a different result. Why can’t this “crisis” wait for the next president? Bush shall be gone.

Let’s get a trillion dollars or 2 and start an entirely new financial institution which has none of the current corrupt players. Have University Economist Professors run it and let the current corrupt system to swim for itself as every home owner has to. This will provide the liquidity into the market for small and mid size businesses and individuals. Let the current home mortgage industry shake itself up and settle where it may. Anything else will only be feeding a corrupt incompetent Pig of a Machine which rewards its players.

God help us all.