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To: Freedom'sWorthIt

“According to the ‘bad forecasts’ if this ‘bailout’ does not happen - EVERYTHING WILL CRASH - ECONOMICALLY. I just want to know if that is true....or not.”

The answer is yes. Without the bailout, we’ll have a global economic crash and a depression, probably in only a few weeks.

The problem is that the free market is run by humans. The humans lending the money and investing are too afraid to do so, because of the instability of the global financial system.

Since banks are too afraid to loan and investors are too afraid to invest, the entire world’s financial markets are in danger of freezing up.

Today we saw oil shoot up $25, which is the largest single-day increase ever. The Dow dropped almost 400 points.

This is due to the fear that the bailout won’t work, because Congress is screwing with it, and people are starting to demand that we sit down and talk about it for a few weeks.

We have two choices: bailout or depression. That’s reality.

Don’t take my word for it; watch what happens to the price of oil, the dollar, and the stock market.

This isn’t socialism, any more than Lincoln arresting treasonous congressmen was fascism. This is a real emergency.

Most of the people demanding that we not have a bailout are already wealthy. Michelle Malkin can afford to stand on principle.

I can’t. I don’t want to end up on the soup line at age 46.

This bailout will stabilize the markets, and then we can reform them by electing McCain and Palin, who both support the bailout, although reluctantly, like me. We’re not bailing out private companies; we’re saving the whole economy.

Just don’t kid yourself. Pence says we can pay for this with cuts in spending.

Do you really think we can cut the federal budget by a trillion dollars, especially if the Dems still control both houses of Congress?

It’s time to be brutally realistic. We’re up Crap Creek without a paddle. There’s no real alternative to the bailout.


47 posted on 09/22/2008 9:30:03 PM PDT by Thomas W.
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To: Thomas W.

Note to self: take stockpiled $100 bills and break them down everyday buying a Slurpee on the way to work.

Is this really real? Do I need to be in not just cash, but small cash?

Crazy.


50 posted on 09/22/2008 9:46:37 PM PDT by txhurl (Denali/Bolton)
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