Fianlly - our representatives are voting our will!
If you’re here in Colorado there are mixed results from our Congressional Representatives.
Republicans Tom Tancredo (Yes), Doug Lamborn (NO) and Marilyn Musgrave (NO) and democrats Mark Udall (NO), John Salazar (NO), Diana DeGette (Yes) and Ed Perlmutter (Yes).
On a National level, our two liberal Presidential Candidates both voted FOR (Yes) on the $700,000,000,000.00 (billion) Bail Out.
We’re being told that the votes which crossed Party Lines were cast because they were listening to their Constituents (imagine that!) and not because they were worried about their jobs.
I’m good with either motivation.
LOL
The House voted 228 - 205 against the measure.
So what now?
Nothing really, we go on living our lives.
This won’t affect the average American.
This is simply the lenders crashing as a result of their piss poor business practices.
They should not be rewarded for their bad behaviour by being given even more of our money!
I’m willing to bet that if you took all the monies that all the banking CEOs have and all the Boards of these huge companies, you’d come somewhere in the neighborhood of $700 Billion dollars.
They don’t need to steal our money.
If they were really worried about their businesses they wouldn’t have run them into the ground nor would they have set back and let them go to rot like they have.
You and I, the Average American, what can we expect?
Since you and I use our debit cards and don’t have ten maxed out credit cards - since you and I didn’t fall prey to the SubPrime scams of these maliscious lenders and since you and I currently have enough income to cover our expenditures, you and I won’t feel a thing.
The Markets will recover in a few years to within the decade.
Our retirement funds, 401ks, investments will all recover and in time the lending companies that have made an honest living out of honest practices will rise up and fill the vacuum left by the failure of these felonious companies we are seeing now.
In ten years or so we’ll ba able to buy homes and cars again at reasonable rates.
The sky is not falling!
And just in case any of you are hearing these comparisons to the Great Depression just keep in mind that unlike then, we’re in a global economy and our current economy is strong and stable.
In spite of what the naysayers and liberals are trying to cram down your throats, the economy is fine.
It’s these subprime lenders who are failing, not the economy.
Remember that Clinton repealled the Glass-Steagall Act which was enacted during the Great Depression.
The banks he made fat with Chinese cash were taking advantage of that move by Clinton.
Hey, also note that while you see the “Markets” falling, in the last couple of weeks we’ve not come anywhere close to the top ten drops in indexes.
And if you’ll notice, other banks are buying up the failing banks.
CitiCorp just bought Wachovia.
Once the gov’t steps back - now that the “Bail Out” failed - the wound will close up, heal itself and the market will recover.
Have Faith in God as your Provider.
The Word of God promises us that He will provide for us, that only a foolish man invests against and bets on a future he does not know.
Contact your Representatives and thank them for listening to us and voting against this measure.
Contact your other Representatives and ask them why they voted against our wishes and best interests!
—> CLICK HERE < --- to find your Representative's contact information.
|