Meltdown of the Economy

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citizenbfk

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Sep 16, 2008, 9:16:32 PM9/16/08
to American Citizens Together
Bush's handling of the economy has been as bad as FEMA in New Orleans.

The nation is going down the tubes, with inflations, losing jobs,
losing industries -- and with a war started for false reasons costing
at least $12 Billions dollars a month!

websmith

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Sep 21, 2008, 6:51:39 PM9/21/08
to American Citizens Together
The people that allowed these loans to take place have been in the
banking industry for generations. They absolutely knew that the people
taking out these loans were not going to be able to pay them. There is
no doubt. They now have sacrificed some of their own to close the
deal. Now that they have taken all of the money that these Americans
had, they want us to just let them walk away and resume business as
usual. They are now trying to act like victims and frighten us into
giving away our children's money before we have time to think about
it.

This is the same SOP that has been used throughout this
administration. After we shut a few more banks down, they might
realize that we’re not going to take it anymore.

It's time to call their bluff. Don’t panic, but go to the bank, get
your money, and refuse to redeposit it until Congress and the banks
work out a deal that takes the taxpayers into consideration and
penalizes the people who did this. Then, in November, vote the people
out of office who enabled this to happen with their legislation.

http://ewebsmith.com/bus/taxpayers.html

citizenbfk

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Sep 22, 2008, 6:51:04 AM9/22/08
to American Citizens Together
I couldn't agree with you more.

Your idea about taking our money out of the banks and not depositing
it until things are changed and people held accountable is impressive
- Not many issues or ideas give us much to say or do to change things
with solid and real-world direct action (non-violent and legal
direction action).

Taking our money away from the banks would be quite some impressive
direct action.

It might be difficult to reach enough people to pull this off but who
knows? It's a good line of thinking.

A draft proposal of this proposed bailout plan wants to avoid all
court review!!
(See: http://www.scotusblog.com/wp/analysis-no-role-for-court-in-bailout-plan/
)

That's a tip off right there that even bigger scams wait behind the
scenes AND the principle of court review is a core idea in our
Constitution: Checks & Balances. So this bailout deal is going to try
to avoid that, just as Bush has done before.

QUOTE: (From link, above)
"...according to the draft, “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.”



On Sep 21, 3:51 pm, websmith <websmit...@gmail.com> wrote:
...go to the bank, get your money, and refuse to redeposit it until

SergeantPepper/ACT

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Sep 22, 2008, 10:58:31 AM9/22/08
to American Citizens Together
Absolutely.
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