‘Put the bailout on the ballot’

‘Put the bailout on the ballot’

Posted: Tuesday, September 30, 2008 3:50 pm
By: By Gerald Celente, Trends Research Director

The $700 billion rescue package being rammed through Congress should be voted on by the people, not Congress, advises Trends Research Director, Gerald Celente. “The bailout plan will only bail out CEOs and preferred stakeholders of failing financial firms while sinking the American people deeper in debt,” said Celente. “If America is truly a democracy, then let the people decide. Put the bailout on the November ballot.” Celente said it’s a conflict of interest for Congress to decide the people’s fate since virtually all of them, including the presidential candidates, have been generously enriched by the very firms they want the taxpayers to bail out. President Bush warned that “a long and painful recession” could occur if Congress does not act quickly. Yet just a few weeks ago President Bush declared that “the fundamentals of the economy are sound.” “Bush is wrong on both counts,” said Celente. “While there may be urgency to act, the proposed bailout isn’t the answer and a few weeks won’t make the difference. And, America will not go into recession, it will go into depression. The rescue plan will only save ‘the too big to fail.’ It will do nothing to avert depression or save the ‘too small to save’ working Americans who will forced to foot the bill.” Celente pointed out that President Bush had also warned that Saddam Hussein possessed weapons of mass destruction and ties to Al Qaeda, and said we “…cannot wait for the final proof – the smoking gun that could come in the form of a mushroom cloud.” “It is a crime against humanity and contrary to any spiritual teachings to kill innocent people because we ‘… cannot wait for the final proof,’” said Celente. “In the case of the Wall Street bailout, it would be a crime to rob the American people. We don’t have to wait for ‘proof,’ we have it. Just as were right about Iraq, the Panic of ‘08, and an Economic 9/11, we’re right about this,” said Gerald Celente. Back in the USSR And beyond the bailout bill an even larger issue looms. Once the beacon of free market capitalism, America is now turning communist. The United Soviet States of America (USSA) now owns and operates the world’s largest mortgage and insurance companies. And more acquisitions are on the way. In the former Soviet Union, commissars ran the state-owned monopolies. They were Communist Party members. In the USSA, Treasury Czar Paulson said “private advisors” will run the newly acquired state-owned banking and insurance divisions. They will be Wall Street Party members. In Communist Russia, one party controlled everything. In America, one party, masquerading as two, controls everything. In Russia, the people had no voice. Party members told them what to do. In America, the people have no voice. Party members tell them what to do. “Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph,” said Thomas Paine. The Tyranny is before us. The Wall Street Gang has hijacked Washington. The future of our nation is at stake. Use your imagination and innovation to make sure your voice is heard. At the very least, call your Senators and Congressional representatives. Remind them that they work for you … not the other way around. Tell them you want to put the bailout on the November ballot. The future is in your hands; don’t drop it. Or, if you’d rather sail into the future under the command of the President, Congress and the Federal Reserve, then jump aboard their sinking ship. Apart from enriching themselves, there is nothing in their combined track records to suggest anything other than incompetence and failure. WCP 9.30.08

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