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Bailout or $700 Billion Bandaid?
http://news.fayetteville.net/articles/251/1/Bailout-or-700-Billion-Bandaid/Page1.html
Duncan Edge
I'm just your average freedom loving old school conservative who understands that government is not the answer to America's problems.  
By Duncan Edge
Published on 10/5/2008
 
Let's see who the real servants are.

Bailout or $700 Billion Bandaid?

Let’s see who the true representatives are.

The congressional/senatorial oath of office reads as follows,

“I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God.” 

As America now enters this second week of the current economic meltdown, I feel compelled to address what I believe to be the true path to economic recovery.  As I ponder the where’s, when’s, how’s, and why’s, I cannot even begin to contemplate the magnitude of the latest Washington scam, the so-called $700 billion economic bailout.  Yes, that’s $700,000,000,000.00 of your taxpayer dollars going where?  I’m sure some of it will find its way into some scammer’s bank accounts.  But let me take a moment in order to put $700 billion in consumer terms for you.  $700,000,000,000.00 would purchase enough oil to run this entire country for 5 years.  According to the EIA, the daily oil consumption of the US is currently 390 million gallons per day.  At the current rate of $4 per gallon, $700 billion dollars would give us 1,794 days of “free” (I am obviously being facetious- there is no such thing as “free”, somebody has to pay for it) gasoline.  In 1803, the US purchased over 828,000 square miles of land (currently 15 states and 2 Canadian provinces occupy the land) for a little over $23,000,000, when you include the cancellation of debts.  Using these statistics, this $700 billion bailout would be enough money to buy the total surface area of the earth (196,950,711 square miles) over 131 times.  Grant it, several factors play into today’s economy compared to the economy of 1803, but seriously, regardless of inflation and the fact that the French sold us this land, I will, for the sake of economic factors, drop the 100 times and keep it at 31.  You get the point.  If you were to take $700 billion dollars and arrange each bill end to end the money trail would be long enough to travel from the earth to the moon and back over 86 times.  $700 billion is enough money to run the entire country of Iraq (GNP $16 billion per year) for 43 ¾ years.  You see, it’s not just a figure.  No wonder they want you to agree and agree QUICKLY!  They don’t want to give you, the one who will shoulder this burden, time to think about the consequences of such negligence in congressional oversight.  So my plan is simple.  Since our “representatives” allowed this “oversight”, let’s place the burden right back on them.  This being an election year, let the American citizens vote to suspend the salaries, benefits, and padded budgets of our officials for the next four years.  Let them experience what it is like to struggle from paycheck to paycheck to pay their taxes, buy gas for their cars (which they must purchase by the way), put food on their family’s table, etc…  The office was once a place of service, but now, I’m afraid, it has become a place of corruption.  Have you ever wondered who on earth would allow themselves and their families to be viciously attacked in campaign ads just to “serve” the people?  Come on, who falls for that?  I’m all for capitalism, but this is ridiculous.  So bring it to the people for a vote then we will see who wants to “serve”, but therein lies the problem, the people.  Due to the influence of secular historians, Americans have been duped into believing that their country is a democracy.  America is a republic, “If we can keep it!” quoting Ben Franklin.  We have corrupted our children by giving them what they want, and in turn they have responded with a need for instant gratification.  This current economic crisis did not necessarily start in Washington, it most likely started in the home.  Alexander Tyler once made the following statement in 1770 regarding the cycle of democracy:

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over lousy fiscal policy, always followed by a dictatorship. The average of the worlds great civilizations before they decline has been 200 years. These nations have progressed in this sequence: From bondage to spiritual faith; from faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.”

Need I say more?