Basically the Federal Reserve (A group of bankers, NOT part of the US Government) wants a blank check with the tax payers footing the bill, for at least $700,000,000,000.00
Now get this, with NO Judicial Review, which means no Judge can question any aspect of what the Federal Reserve will do with your tax payer dollars.
"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."
If that's not bad enough, Ben Bernake wants to give the CEO's millions of dollars just to fire them. Lehman Brothers has a $2.5 Billion, yes Billion package for displaced employees. With the highest percentage going to the top brass, of course.
This guide is time sensitive
There is an organization already that is taking signatures to petition your congressman/senator. They are called
Votenobailout
MY GUIDE TO BAILING OUT THE FINANCIAL INDUSTRY. (an attempt at humor during these frightening times)
1) Don't bail them out, let the bankers untangle their woven mess.
2) Make the CEO's and other high paid managment repay millions of dollars that they made while greedy.
3) Disband the Federal Reserve and start a new currency that is backed by something of value.
4) All old debts paid in US Dollars, all new debt paid in new currency.
My projection - Gold and Silver will soar when the stock market realizes what a mess we're in.
Some specifics
"Congress has no right to give the White House and its Secretary of the Treasury the power to transfer the people's money to the richest bankers in the country. Vote No to the Bailout legislation. The Bailout legislation is being rammed through Congress in a matter of days. This is an illegal power grab by the White House and their richest friends on Wall Street. The Legislation allows the Treasury Department to appoint the same bankers who created the crisis to administer and dictate the use of TRILLIONS of our tax dollars. It is also one of the biggest transfers of wealth from working families to the ultra-rich in the history of the United States.
These financial institutions with their reckless lending practices and corporate GREED put the American economy in the RECESSION it is in today. This bailout is a way of "rewarding" them for their mistakes. Every Senior Level Manager of a corporation that receives a bailout should immediately be terminated from their position and the managers should be brought to trial for risking the untold number of jobs of hard working employees for approving loans that should have never seen the light of day.
Let the FREE Economy run it's own course and STOP intervening with the markets. It has done nothing but devalue our currency, run up the national debt, and put the burden on our future, our children's future and soon to be our childrens children's future."


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