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Vague Change we can believe in...

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Printed Date: Dec 22 2024 at 10:09pm


Topic: Vague Change we can believe in...
Posted By: Middletown News
Subject: Vague Change we can believe in...
Date Posted: Oct 23 2008 at 11:02am

Dear Friends:  

           My name is Joe Porter. I live in   Champaign ,  Illinois .  I'm 46 years old, a born-again Christian, a husband, a father, a small business owner, a veteran, and a homeowner. I don't consider myself to be either conservative or liberal, and I vote for the person,  not Republican or Democrat. I don't believe there are  'two Americas ' but that every person in this country can be whomever and  whatever they want to be if they'll just work to get there and nowhere else on earth can they find such opportunities. I believe our government should help those who are legitimately downtrodden, and should  always put the interests of  America  first.  

    The purpose of this message is that I'm concerned about the future of this great nation. I'm worried that the silent majority of honest, hard-working, tax-paying people in this country have been passive for too long. Most folks I know choose not to involve themselves in politics. They go about their daily lives, paying their bills, raising  their kids, and doing what they can to maintain the good life. They vote and consider doing so to be a sacred trust. They shake their heads at the political pundits and so-called 'news', thinking that what they hear is always spun by whomever is reporting it. They can't understand how elected officials can regularly violate the public trust with pork barrel  spending. They don't want government handouts. They want the government to protect them, not raise their taxes for more government programs.  

        We are in the unique position in this country of electing our leaders. It's a privilege to do so. I've never found a candidate in any election with whom I agreed on everything. I'll wager that most of us don't even agree with our families or spouses 100% of the  time. So when I step into that voting booth, I always try to look at the big picture and cast my vote for the man or woman who is best qualified for the job.   I've hired a lot of people in my lifetime, and essentially that's what an election is - a hiring process. Who has the credentials? Whom do I want working for me? Whom can I trust to do the job right?

       I'm concerned that a growing number of voters in this country simply don't get it. They are caught up in a fervor they can't explain, and calling it 'change'.  

    'Change what?', I ask.  

    'Well, we're going to change  America ', they say.  

     'In what way?', I query.  

     'We want someone new and fresh in the White House', they exclaim.

   'So,  someone who's not a politician?', I say.  

      'Uh, well, no, we just want a lot of stuff changed, so we're voting for Obama', they state.  

      'So  the current system, the system of freedom and democracy that has enabled a man to grow up in this great country, get a fine education, raise incredible amounts of money and dominate the news, and win his party's nomination for the White House that system's all wrong?'

    'No, no, that part of the system's okay we just need a lot of change.'

   And so it goes. 'Change we can believe in.'  

   Quite frankly, I don't believe that vague proclamations of change hold any promise for me. In recent months, I've been asking virtually everyone I encounter how they're voting. I live in  Illinois , so most folks tell me they're voting for Barack Obama.   But no one can really tell me why only that he's going to change a lot of stuff 'Change, change, change.' I have yet to find one single person who can tell me distinctly and convincingly why this man is qualified to be President and Commander-in-Chief of the most powerful nation on earth other than the fact that he claims he's going to implement a lot of change.  

 We've all seen the emails about Obama's genealogy, his upbringing, his Muslim background, and his church affiliations. Let's ignore this for a moment. Put it all aside. Then ask yourself, 'What qualifies this man to be my president?  That he's a brilliant orator and talks about change?'   

   CHANGE WHAT?  

    Friends, I'll be forthright with you I believe the American voters who are supporting Barack Obama don't have a clue what they're doing, as evidenced by the fact that not one of them - NOT ONE of them I've spoken to can spell out his qualifications. Not even the most liberal media can explain why he should be elected.  Political experience? Negligible. Foreign relations? Non-existent. Achievements?  Name one.  Someone who wants to unite the country?  If you haven't read his wife's thesis from   Princeton , look it up on the web. This is who's lining up to be our next First Lady?  The only thing I can glean from Obama's constant harping about change is that we're in for a lot of new taxes.  

   For me, the choice is clear. I've looked carefully at the two leading applicants for the job, and I've made  my choice.  

    Here's a question - 'Where were you five and a half years ago? Around Christmas, 2002.  You've had five or six birthdays in that time. My son has grown from a sixth grade child to a high school graduate.   Five and a half years is a good chunk of time. About 2,000 days.  2,000 nights of sleep.  6,000 meals, give or take.'  

    John McCain spent that amount of time, from 1967 to 1973, in a North Vietnamese prisoner-of-war camp.  

   When offered early release, he refused it.  He considered this offer to be a public relations stunt by his captors, and insisted that those held longer than he should be released first.  Did you get that part?  He was offered his freedom, and he turned it down.  A regimen of beatings and torture began.  

   Do you possess such strength of character?  Locked in a filthy cell in a foreign country, would you turn down your own freedom in favor of your fellow man?  I submit that's a quality of character that is rarely found, and for me, this singular act defines John McCain.  

  Unlike several presidential candidates in recent years whose military service is questionable or non-existent, you will not find anyone to denigrate the integrity and moral courage of this man.  A graduate of Annapolis, during his Naval service he received the Silver Star, Bronze Star, Purple Heart and Distinguished Flying Cross.  His own son is now serving in the Marine Corps in  Iraq .  Barack Obama is fond of saying 'We honor John McCain's service...BUT...', which to me is condescending and offensive - because what I hear is, 'Let's forget this man's sacrifice for his country, and his proven leadership abilities, and talk some more about change.'  

  I don't agree with John McCain on everything - but I am utterly convinced that he is qualified to be our next President, and I trust him to do what's right.  I know in my heart that he has the best interests of our country in mind.  He doesn't simply want to be President - he wants to lead  America ,  and there's a huge difference.  Factually, there is simply no comparison between the two candidates.  A man of questionable background and motives who prattles on  about change, can't hold a candle to a man who has devoted his life in public service to this nation, retiring from the Navy in1981 and elected to the Senate in1982.  

   Perhaps Obama's supporters are taking a stance between old and new. Maybe they don't care about McCain's service or his strength of character, or his unblemished qualifications to be President.  Maybe  'likeability' is a higher priority for them than 'trust'.  Being a prisoner of war is not what qualifies John McCain to be President of the United States of America    - but his demonstrated leadership certainly DOES.  

    Dear friends, it is time for us to stand.  It is time for thinking Americans to say, 'Enough.' It is time for people of all parties to stop following the party line.  It is time for anyone who wants to keep   America    first, who wants the right man leading their nation, to start a dialogue with all their friends and neighbors and ask who they're voting for, and why.  

  There's a lot of evil in this world. That should be readily apparent to all of us by now.  And when faced with that evil as we are now, I want a man who knows the cost of war on his troops and on his citizens.  I want a man who puts my family's interests before any foreign country.   
    I want a President who's qualified to lead.   

    I want my country back, and I'm voting for John McCain.
 
Signed,
Joe Porter

          E-mail:   mailto:ronald.hess@alumni.purdue.edu - ronald.hess@alumni.purdue.edu  




Replies:
Posted By: VietVet
Date Posted: Oct 23 2008 at 11:50am
Ok Jonathan- did you post this because you want a response or did you post this just to inform us of one man's opinion among thousands? Response: If Joe Porter doesn't know by now what changes are being proposed, he hasn't paid much attention to any news or articles that have been presented. Some of the changes that have been proposed are as follows: The Iraq War- Obama wants some timeline to end this futile attempt to control terrorism in the Middle east. After 5 plus years, we have made only baby steps in securing the country and we should know that this type of war(like Vietnam)can not be won, no matter how long we stay. As soon as we leave, whether it be one year from now or many years from now(as McCain is proposing) the terrorists will return and dismantle all that we have accomplished. It happened with the North Vietnamese Army/Viet Cong in 1975. This is a guerilla(spelling) war(like Vietnam) and history has taught us that when we leave, the people will not resist, returning the country to terrorist control. Taxation to benefit the middle class people/businesses making less than $250,000 per year. No additional taxes for this group.Finally, PERHAPS, the middle class will see some benefits that have been enjoyed by the upper crust all these years. Examining existing programs to verify whether they are viable or a waste of taxpayer money INCLUDING social programs (made famous by the Democrats)- essentially an audit of government programs. A different direction from the path that George W. Bush has taken us. IE- repairing the damage done in the negative perception that Europe, Asia and the world have of us. A perception of pushing people around and pushing the Bush program of "our way or the highway" on our own citizens as well as the world's governments. The egotistical/elistist attitude of the Bush administration must change. It has damaged us in the world's standing. Since everyone refers to a global world nowadays, to compete, we need to present this country as being more cooperative with other nations.Talk and negotiation attempts hurt nothing for starters. There's some topics for Joe Porter to start with. He can take it from there. As for McCain's character in his military life, there is no question- he is a hero and an honorable man. However, you need to examine his personal life also, to get a picture of the entire man. I would suggest ole Joe Porter take time to read about McCain's private side of his life also. He has as many skeletons in his closet as Obama. Since we are in Republican Conservative land here, I'm severely outnumbered, but that's alright- it creates debate and offers varied opinions. Hopefully, we can keep this civil--- Pacman.Ok, conservatives- have at it.


Posted By: Pacman
Date Posted: Oct 23 2008 at 11:56am
".......we can keep this civil--- Pacman."
 
Please elaborate when I haven't been civil on here.


Posted By: VietVet
Date Posted: Oct 23 2008 at 12:11pm
You have always been civil, Pacman. I just mentioned that because few topics create open "heated" discussions like politics. I was just anticipating a barrage. It was mentioned in light hearted fashion and was not meant to attack you. I enjoy your comments and learn from your posts. I enjoy your conservative viewpoints on this site. No harm intended.


Posted By: Middletown News
Date Posted: Oct 23 2008 at 12:53pm
Vet said, "As for McCain's character in his military life, there is no question- he is a hero and an honorable man."
 
I agree - See we can agree on some things.
 
Do you agree that someone with vast military experience would be better suited to be commander in cheif during time of war?


Posted By: VietVet
Date Posted: Oct 23 2008 at 1:37pm
Jonathan- as a military veteran of the same war that McCain was in, I don't care whether the commander in chief is a military veteran or not. What I do care about is that the commander in chief have some common sense and logic coupled with confirmed data in making his decisions. I would prefer not to be in a time of war period, particularly in a war like we are currently in, with no winnable solutions in sight.I see 58,000 names on a black granite wall(including some friends) in Washington and no one can tell me why they died. Tends to turn me off needlessly killing off young men to satisfy the whims of politicians wants. If indeed, we are in a war, I want to see the damn politicians keep their nose out of it and let the military people make the decisions. Political intervention is one reason we lost in Vietnam.Another is the stubborn continuation of futility and lying to the public about it being winnable by Johnson,followed by Nixon, who finally ended it in 1975. Sound familiar?


Posted By: Middletown News
Date Posted: Oct 23 2008 at 2:14pm
Vet Said, "What I do care about is that the commander in chief have some common sense and logic coupled with confirmed data in making his decisions."
 
I agree, if you remember, McCain was against the half assed way we went into this war. That's common sense to me. McCain was for the surge and the surge worked.
 
McCain equals Military Power, Obama wants to reduce the military spending.
 
Not now, that would be like raising taxes on the job makers. Another oops for Obama.


Posted By: arwendt
Date Posted: Oct 23 2008 at 2:18pm

"Political intervention is one reason we lost in Vietnam"

 

Total agreement.

 

So why let politicians, or the political agenda of a new president, put us in that same position again?

 


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: VietVet
Date Posted: Oct 23 2008 at 3:08pm
Jonathan- we don't know if the surge has worked because everything is so muddled over there. We won't know until this war is over and done whether anything has truely worked or not. Did McCain vote against this war? I assume he did based on your statement that he was totally against the way we went into it. Are you sure Obama wants to reduce military spending? He wants to divert the effort from Iraq back into Afganistan where it all started.If he is allowed to do that, he won't be able to cut the military budget,even if he wanted to. How does being in the military equate to having "military power". It means he has been acclimated to the military more than Obama, but hardly guarantees a hard core military stance. Some militarily acclimated people aren't as hard line on the total power thing. As for job makers and raising taxes-just because you give tax breaks to employers for the purpose of creating jobs, doesn't guarantee they will do so, unless you apply that stipulation to the deal. Some companies aren't and haven't paid their fair share of taxes for years. Those are the ones that need to be looked at.Corporate tax loopholes and political "buddies" looking the other way have contributed to issues being questioned today.


Posted By: VietVet
Date Posted: Oct 23 2008 at 3:20pm
arwendt-Same position again?You're too late. We are already in that position. Have been for 5 + years. G.W. Bush, your president and politician, directed the country to war, strong arming using executive priviledge on almost everything he did. This war was started by a politician(s), just like Vietnam was. We learned nothing from Nam both politically and militarily. No, the new president, whoever it may be, must live with and clean up this cluster started by the current administration. (Same with the economy with shared blame placed on both the Repub controlled and Dem controlled Congress.)


Posted By: Middletown News
Date Posted: Oct 23 2008 at 3:39pm
I want to go on record as saying that GW was worse than BC on economic policy.
And his biggest falure is helping the fed to ram rod all these bailouts thru congress.
 
Obama or McCain we are in for alot of pain. Sitll I would rather see a more fiscally responsible country, Obama leans the wrong way. Sorry. I have to vote for McCain.


Posted By: .308
Date Posted: Oct 23 2008 at 3:56pm

Just to jump in here:

I Disagree with it being too late because it’s never too late to stop making bad decisions. Obama wants to impose a politician’s agenda on the war. McCain wants to leave it to the generals. One of these is a bad decision.
 

Disagree with the Bush taking total responsibility for the war. He did not ask Hussein to bar UN inspectors. He did not ask Hussein to make countless threats against us. He did not cast the votes on behalf of Congress authorizing the use of force.

 

I have no problem with disagreeing with how the war is being fought, but I sincerely believe the war in Iraq and Afghanistan must be fought.

 

And of course I also disagree that we learned nothing from Vietnam. But since I doubt VieVet meant it in a literal sense I’ll give him a pass on that one. LOL



Posted By: Pacman
Date Posted: Oct 23 2008 at 4:04pm
 
 
Nope Surge hasn't done a thing has it?  Personally I don't think the surge was designed to solve all of Iraqs problems.  It was designed to make Iraq a more secure country for the Coalition forces and so that the Iraqi's could organize themselves Politically, Security wise and rebuild their infrastructure with our assistance.  Vet even you have to admit that Iraq is a safer place now than 18-24 months ago........come on, be realistic.
 
War is not an exact science it doesn't operate on a time line.  You can not predict with any certainty when this will end.  All a publized time line does is give the enemy your plan and objective and they will just wait you out.  Which is exactly what they will do to Obama if he wins and pulls out of Iraq.


Posted By: Pacman
Date Posted: Oct 23 2008 at 4:06pm


Posted By: arwendt
Date Posted: Oct 23 2008 at 4:43pm
To quote von Clausewitz “War is a continuation of politics by other means.” In German the word is actually “Politik”, but politics is close enough.

But of course as leaders of The State it is always politicians who start wars, unless I imagine if you live in a state ruled by a military dictatorship.

So then we could say that the war in Iraq and Afghanistan are potentially the results of political failures to resolve the matters by non military means. But the last time I looked there were lots of politicians in Washington and you have to admit our problems in the Middle East go back decades. So as someone here said of the economy, I would say here too, and that is there is plenty of blame to go around.

But if anyone thinks Obama will win the hearts and minds of all of our enemies they are sadly mistaken. Many of enemies have beliefs that cannot be reconciled with, or even exist in the same world, as our own. One will prevail and one will fail.
I agree that we must fight the war.


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: Pacman
Date Posted: Oct 23 2008 at 4:47pm


Posted By: arwendt
Date Posted: Oct 23 2008 at 4:59pm
Obama is so likeable it kills me.

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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: spiderjohn
Date Posted: Oct 23 2008 at 7:51pm
Similar to Clinton and GW---I like Obama, however I despise all that surrounds him.
I really have grown to dislike McCain surprisingly.
 
Obama and McCain both sat silently through the bailout vote crisis, refused to directly/specifically answer ?s about what they would do or change because of this crisis, then both voted quietly FOR the bailout once the big pork sandwich was added.
 
I have no use for either of them.
Crapped on by the left or crapped on by the right--you still end up covered with dung.
 
Biden has been part of the problem for over 30 years, while Palin is just face time.
 
Ron Paul was the correct choice imo.


Posted By: Pacman
Date Posted: Oct 23 2008 at 9:36pm
Ron Paul???????????


Posted By: VietVet
Date Posted: Oct 24 2008 at 7:01am
Pacman- yes, I agree that Iraq is a safer place than before-in certain areas of the country. Given that acknowledgement, the point I'm trying to make here is that whether we do it McCain's way and stay until we are able to "come home honorably" (as he says) or we leave in 16 months as Obama wants to do, the situation in Iraq will be the same. I predict that after the US presence is gone(whenever that is), there will be war between the Sunnis, sh*tes and Kurds with a dose of Taliban thrown in for good measure. There will be mass chaos and the country will be in turmoil until the winning faction gains control.The US backed Iraqui government will fold like an accordian and all of our efforts will have been wasted. Again, based on fact and history, when we left Vietnam in 1975, it didn't take long for the NVA and the Viet Cong to sweep down on Saigon, break through the embassy gates, remove the South Vietnamese flag and replace it with the North's flag. While that was occuring, the South's police and soldiers, trained by the US, peeled their uniforms off, left them in the streets and attempted to "blend" back in with the populace. So much for the money spent, effort wasted and lives lost on a people that after all we did for them, refused to defend themselves when it became crunch time. I see a similar scenario happening when we leave Iraq. So, IMO, why stay and kill more soldiers for a people who couldn't care less and for a country that we will never be able to stabilize permanently while wasting millions of dollars per month that are urgently needed here at home? This is not logical to me.As to your charts- did you ever think that it could be possible that the enemy would like the US to think the surge is working and are waiting for the right moment (9/11) to mount a counter guerilla plan to destabilize this "surge"? The enemy is not stupid, knows the country, conducts a "hide,seek, kill" type war involving a blown up Humvee here and a car there, taking out small groups. They strike and they run and hide.We look for their hiding places in the area we suspect they are in and they strike somewhere else. They're sneaky, they're deadly and they are good at the game of quick strike tactics. Hard to beat an enemy who conducts that type of warfare.JUST LIKE VIETNAM. IMO- many similarities.


Posted By: arwendt
Date Posted: Oct 24 2008 at 8:38am
So VieVet to help us understand your views on Iraq.... which was the bigger mistake:
 
To have left Vietnam the way we did or to have gone there in the first place?


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: spiderjohn
Date Posted: Oct 24 2008 at 8:53am
Not Vet, however I see Viet Nam as the larger error.
Govt. was maybe more headstrong back then than the Bush admin.
Still--I defer to Vet's judgement since he is slightly older and was there. I had a student deferment at that time(still have my draft card).
 
Yes Pacman, I liked Ron Paul.
I thought he was totally different and sensible.
I couldn't tell any difference between the others(in either party).
 
My daughter/soninlaw/inlaws all live in Ron Paul's district in Texas, and they all consider him a total lunatic and love Bush. Go figure.


Posted By: arwendt
Date Posted: Oct 24 2008 at 9:14am
All this "Army" talk made me look this up:
 


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: VietVet
Date Posted: Oct 24 2008 at 9:51am
arwendt- IMO the worst mistake was to have gone there in the first place under the guise of stopping the spread of communism back then by our government. We ended up killing 58,000+ 18, 19, 20 year old men, losing an unwinnable guerilla war and seeing all the money, training of the South Vietnamese military and police, equipment left over there in the 1975 evacuation of the country all lost for no good reason. Couple that with the war being run by the damn politicians with little to no authority given to the military leaders to do their jobs. We would go out, kill, get a body count to report on the evening news so that the news channels could report how "successful" we were that day toward winning the war. It was all a shame and a lie to the public. What they didn't tell the public was that the US would pull back on territory captured and hand it back to the enemy, just to go out later and re-capture the same territory the next day incuring more casualties. The way the war was run was a joke. The NVA and Viet Cong were very good at what they did. They were on their home turf. It was difficult fighting a jungle war.They would play hide and then seek and kill. Farmers by day- killers by night.As in Iraq, you couldn't tell who the enemy was. The landscape was as big an enemy as the actual enemy was. The big wigs really didn't think about the consequences of that war before launching into it full bore.Again, I see similar things occuring now.


Posted By: arwendt
Date Posted: Oct 24 2008 at 10:23am
"IMO the worst mistake was to have gone there in the first place"
 
I would say the same thing and if there is one or even two overwhelming similarities between Vietnam and Iraq I would say it is the lack of a clear exit strategy and perhaps the lack of political or popular support to win at any cost.

Though I cannot find it on the internet I remember an interview with a NVA officer who was asked how the north could continue the war after losing every major engagement. The officer responded that they may be the case but that it was irrelevant.
And that is the problem in Iraq.
 
But the withdrawal of US forces from South East Asia and the cutting of funds for ARVN operations ensured nothing short of the Catastrophic loss of life that followed. 

I would prefer that we not repeat that mistake.


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: John Beagle
Date Posted: Oct 24 2008 at 11:06am
Ron Paul would indeed be the best for our economy. Stocks are falling due to uncertainty. Many believe the new administration will impose taxes on capital gains, plus move up the marginal tax rate.
 
I think both McCain and Obama will raise taxes. We don't have a good candidate in the race in my opinion.
 
Regarding the war, there is only one way to fight. Just like the first Bush, with overwhelming support. Get in, do the job, get out. Or don't go at all.


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http://www.johnbeagle.com/" rel="nofollow - John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.


Posted By: Pacman
Date Posted: Oct 24 2008 at 11:15am

Statement on the Emergency Economic Stabilization Act of 2008

Ron Paul Speech to Congress

September 29, 2008

 

Madam Speaker, I rise in strong opposition to this bill. This is only going to make the problem that much worse. The problem came about because we spent too much; we borrowed too much, and we printed too much money; we inflated too much, and we overregulated. This is all that this bill is about is more of the same.

So you can't solve the problem. We are looking at a symptom. We are looking at the collapsing of a market that was unstable. It was unstable because of the way it came about. It came about because of a monopoly control of money and credit by the Federal Reserve System, and that is a natural consequence of what happens when a Federal Reserve System creates too much credit.

Now, there have been a fair number of free market economists around who have predicted this would happen. Yet do we look to them for advice? No. We totally exclude them. We don't listen to them. We don't look at them. We look to the people who created the problem, and then we perpetuate the problem.

The most serious mistake that could be made here today is to blame free market capitalism for this problem. This has nothing to do with free market capitalism. This has to do with a managed economy, with an inflationary system, with corporatism, and with a special interest system. It has nothing to do with the failure of free markets and capitalism. Yet we're resorting now, once again, to promoting more and more government.

Long term, this is disastrous because of everything we're doing here and because of everything we've done for 6 months. We've already pumped in $700 billion. Here is another $700 billion. This is going to destroy the dollar. That's what you should be concerned about. Yes, Wall Street is in trouble. There are a lot of problems, and if we don't vote for this, there are going to be problems. Believe me: If you destroy the dollar, you're going to destroy a worldwide economy, and that's what we're on the verge of doing, and it is inevitable, if we continue this, that that's what's going to happen. It's going to be a lot more serious than what we're dealing with today.

We need to get our house in order. We need more oversight--that is a certainty--but we need oversight of the Federal Reserve System, of the Exchange Stabilization Fund and of the President's Working Group on Financial Markets. Find out what they're doing. How much have they been meddling in the market?

What we're doing today is going to make things much worse.

The process of this bailout reminds me of a panic-stricken swimmer thrashing in the water only making his situation worse. Even a "bipartisan deal''--whatever that is supposed to mean--will not stop the Congress from thrashing about.

The beneficiaries of the corrupt monetary system of the last 3 decades are now desperately looking for victims to stick with the bill after they have reaped decades of profit and privilege.

The difficulties in our economy will continue because the legislative and the executive branches have not yet begun to address the real problems. The housing bubble's collapse, as was the dot corn bubble's collapse, was predictable and is merely a symptom of the monetary system that brought us to this point.

Indeed, we do face a major crisis, but it is much bigger than the freezing up of Wall Street and dealing with worthless assets on the books of major banks. The true crisis is the pending collapse of the fiat dollar system that emerged after the breakdown of the Bretton Woods agreement in 1971.

For 37 years the world built a financial system based on the dollar as the reserve currency of the world in an attempt to make the dollar serve as the new standard of value. However since 1971, the dollar has had no intrinsic value, as it is not tied to gold. The dollar is simply a fiat currency, which has fluctuated in value on a daily, if not hourly, bias. This worked to some degree until the market realized that too much debt and malinvestment existed and a correction was required.

Because of our economic and military strength, compared to other countries, trust in America's currency lasted longer than deserved. This resulted in the biggest worldwide economic distortion in all of history. The problem is much bigger than the fears of a temporary decline on Wall Street if the bailout is not agreed to.

Money's most important function is to serve as a means of exchange--a measurement of value. If this crucial yardstick is not stable, it becomes impossible for investors, entrepreneurs, savers, and consumers to make correct decisions; these mistakes create the bubble that must eventually be corrected.

Just imagine the results if a construction company was forced to use a yardstick whose measures changed daily to construct a skyscraper. The result would be a very unstable and dangerous building. No doubt the construction company would try to cover up their fundamental problem with patchwork repairs, but no amount of patchwork can fix a building with an unstable inner structure. Eventually, the skyscraper will collapse, forcing the construction company to rebuild--hopefully this time with a stable yardstick. This $700 billion package is more patchwork repair and will prove to be money down a rat hole and will only make the dollar crisis that much worse.

But what politicians are willing to say that the financial "skyscraper''--the global financial and monetary system-is a house of cards. It is not going to happen at this juncture. They're not even talking about this. They talk only of bailouts, more monetary inflation, more special interest spending, more debt, and more regulations. There is almost no talk of the relationship of the Community Reinvestment Act, HUD, and government assisted loans to the housing bubble. And there is no talk of the oversight that is desperately needed for the Federal Reserve, the Exchange Stabilization Fund, and all the activities of the President's Working Group on financial markets. When these actions are taken we will at last know that Congress is serious about the reforms that are really needed.

In conclusion, there are three good reasons why Congress should reject this legislation:

It is immoral--Dumping bad debt on the innocent taxpayers is an act of theft and is wrong.

It is unconstitutional--There is no constitutional authority to use government power to serve special interests.

It is bad economic policy--By refusing to address the monetary system while continuing to place the burdens of the bailout on the dollar, we can be certain that in time, we will be faced with another, more severe crisis when the market figures out that there is no magic government bailout or regulation that can make a fraudulent monetary system work.

Monetary reform will eventually come, but, unfortunately, Congress' actions this week make it more likely the reform will come under dire circumstances, such as the midst of a worldwide collapse of the dollar. The question then will be how much of our liberties will be sacrificed in the process. Just remember what we lost in the aftermath of 9-11.

The best result we can hope for is that the economic necessity of getting our fiscal house in order will, at last, force us to give up our world empire. Without the empire we can then concentrate on rebuilding the Republic.

 



Posted By: Middletown News
Date Posted: Oct 24 2008 at 12:00pm
http://drslogan.wordpress.com/2008/10/22/kenya-barack-obamas-other-change/ -


Posted By: Middletown News
Date Posted: Oct 24 2008 at 12:06pm


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Posted By: Pacman
Date Posted: Oct 24 2008 at 1:22pm


Posted By: arwendt
Date Posted: Oct 24 2008 at 1:54pm
Good work Pacman.
Jonathan you may want to read this post:
http://www.middletownusa.com/view_news.asp?a=3800


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.


Posted By: John Beagle
Date Posted: Oct 24 2008 at 2:00pm
http://www.middletownusa.com/view_news.asp?a=3800 - http://www.middletownusa.com/view_news.asp?a=3800
 
Looks like Jonathan got the tip! Thanks Andy. But you need work on your link, lol:


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http://www.johnbeagle.com/" rel="nofollow - John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.


Posted By: John Beagle
Date Posted: Oct 24 2008 at 2:02pm
Thats a bit Scary coming from Obama's running mate.

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http://www.johnbeagle.com/" rel="nofollow - John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.


Posted By: arwendt
Date Posted: Oct 24 2008 at 2:02pm
Yep.. one tap on the "enter key" or lack there of, can cost you.
 
 


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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my http://wordsoffreedom.wordpress.com/ - Words of Freedom website.



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