Round Them Up--Rawhide!

The Republicans state that they will give us Bush, Bernanke, and Paulson, and Raise with McCain. The Democrats say they will accept Bernanke and Paulson, but reject the worst of Bush; all the while Spending as much in Deficits on idiot Cabbages and Kings. No One suggests that the federal government spends less Money. No One proposes that the Tax Code be reorganized and simplified. No One presents any type of Sunset law for other federal laws. No One produces a Fraud Initiative law which would place a legislative constraint on the provisional context of Derivatives and other financial contracts, especially Description of potential Surrenders upon filings for Bankruptcy, and authorship definition to identify Those responsible. No One sets a limit for squandering Investor assets to preserve a bad business format; none to be robbed of over 80% of their initial Purchase price, without a mandatory Bankruptcy filing. Everyone talks about Reform to stop previous practices which brought Us to the Bailout Crisis, but No One calls for any definite Change.

I know that there will be little Notice made, But the latest Paulson Bailout is not what Congress did Vote upon and Approve, costs some 3 times as much, and meets neither Congressional Expectations or Banking desires. It is actually not even a good fit as a conjunction with European designs. One cannot define exactly what it is at this early Stage, though it has some smell of an alternative form of Taxation to replace lost revenues from the Tax Code, all at the Cost of payment through higher Interest rates paid by Borrowers. This program has not be approved by Congress, and the Present and Future administrations will probably allege that challenging this policy will be violating Treaty obligations never stipulated in the actual Treaties. The upshot will be that Taxes will be paid by Those who need to borrow, to allow Escape from Taxation for Those who make Money off of running the system.

Meanwhile, the Economy continues to tank as Everyone maintains focus on the Stock Markets. Remember the good ole Days when Presidents and Congress assured that giving Households up to $1200 would cure all economic ills? Nowadays, We have great Deals to protect–Who?–Why? No one quite knows Who is being protected from What; it reminds of Rustlers complaining that the stolen herds have incidence of ‘Mad Cow’ disease. Sorry about That, I come from Farm and Ranch country. Is it going to get better?–Doubtful when Those who need the Cash are expected to pay for the Bill out of repayments of their debt. lgl