AndyM
Charter Member
"The Public Square" is a two minute radio commentary on some radio stations in Ohio, Pennsylvania, and Florida hosted by David Zanotti, president of the American Policy Roundtable.
Today's program was entitled "Two Questions Congress Never Asked". Note my emphasis in bold below. Every voter needs to ask themselves these questions and realize this money that is being printed isn't worth the paper it's printed on. Anyone remember how the Confederate States financed the Civil War?
Today's program was entitled "Two Questions Congress Never Asked". Note my emphasis in bold below. Every voter needs to ask themselves these questions and realize this money that is being printed isn't worth the paper it's printed on. Anyone remember how the Confederate States financed the Civil War?
Congress is bailing out Wall Street but there were two questions that never got asked. Here they are in short order. The two questions we never heard asked in the Congressional Wall Street bailout debate.
First – Is this action Constitutional?
Does Congress have specific authority under the Constitution to become an investment bank? Anybody remember that oath of office every member has to take? The one that talks about upholding the U.S. Constitution?
Second – Where does the $700 Billion come from?
We are running a large federal deficit. We have a federal debt – that is money the government owes to the public and foreign governments of roughly six trillion dollars. Did you hear that right – we the people owe six trillion dollars in the national debt. Our budget is broken and our nation is mired in debt. So where is Congress going to get the $700 billion for the Wall Street Bailout?
The answer of course, is they are going to just print the money – out of paper and ink. There is no savings book or Fund to go to. No cookie jar on Capitol Hill. They are just making up the numbers and the money.
Feeling a little queasy? Any honest person has to start sweating when we look down the rabbit hole that the U.S. Congress pretends is reality. They have been so upside down so long that a dozen zeros back to back mean absolutely nothing.
Maybe it's time America finds new leaders. People who think carrying trillions in debt is fundamentally wrong. And making up money from thin air is just not honest.
My guess is we’ll not find them on Wall Street – maybe not even on Main Street. Might they be found on your street?