Posted: August 8 2009 International Forecaster Weekly
Were the bailouts even constitutional? looming threats upon USA credibility, bond values, interest rates and hyperinflation,TARP should have bailed out the people, Swap arrangements are smoke and mirrors, markets will devalue the dollar, Moral Hazard has already deeply damaged the nation
The starting point for all analysis of the ongoing bailout orgy that is currently being used in crony capitalist fashion to transfer wealth from our middle class to the Illuminati and their transnational conglomerates is whether these bailouts are authorized by the US Constitution. The answer is a resounding NO!!! Nothing in the Constitution could ever be interpreted in any manner that would in any way allow the conversion of our quasi-capitalist republic into a Marxist-fascistic police state, which is the last thing our Founding Fathers had in mind. How can our government simply hand over fiat money created out of thin air, which in itself totally violates the provisions in our Constitution dealing with the issuance of money, to whoever they deem to be too-big-to-fail? The very idea of such targeted bailouts violates every precept upon which our nation was founded, and our Constitution in no way allows the bailout of any private person or business entity, especially where this creates special privileges to be given to a chosen few "anointed" entities at the expense of our citizens in general. Regulation of interstate commerce does not mean doling out crony capitalist bailouts, which amount to nothing short of the implementation of feudalism under the Puppet Master oligarchs of our Shadow Government. Regulation would mean fining and jailing these criminals and allowing them to fail so better run companies can acquire their assets via liquidation to be supervised by regulators. You reap what you sow in this nation. You do not reap profits for yourself and have everyone else pay for your losses. That is pure poppycock detritus. Read more Link:
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