September 28, 2008

The Government Bailout


"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
-Thomas Jefferson

I don't know about you, but I don't think that the Government bailout is going to fix anything. I think that the Government should back off, and let the financial institutions fix themselves, and things would work out in the long run. After all, Wall Street has been in pretty bad shape for several years, and things have gone along fairly well.

I think a lot of people would like for us all to panic, so that they can step in and purchase banks and institutions for a nickel on the dollar, just like in 1913, (when the entire country was in an economic collapse) which by-the-way, was the year that Article 1, Section 8, Paragraph 5 of the Constitution of the United States, was overlooked, and the Federal Reserve System was put into place.

Remember what happened when the Battle of Waterloo was falsified, and Nathan Rothschild, of London, using this knowledge, stepped in and purchased the entire banking system of England? Well, they pretty much have been in control ever since, with hundreds of companies, and varied businesses, all over the world. These companies do not carry the Rothschild name, however, you would probably recognize many of them. JP Morgan Chase, which bought out Washington Mutual, comes to mind.

To get a general idea of the Rothschilds' operations, this is a link to their home page.

There is much information to be found concerning the Rothschild Dynasty, and it is enlightening, to say the least. One needs all the information obtainable in order to understand the present fiasco.

Whether or not the bailout is going to accomplish anything good remains to be seen. Personally, I think Government bailouts are getting much too close to Socialism to suit me.

I think Andrew Jackson, when he was running for the Presidency (in 1826) put it pretty succinctly: "You are a den of vipers. I intend to wipe you out, and by the Eternal God I will rout you out...If people only understood the rank injustice of the money and banking system, there would be a revolution by morning."

So go ahead and stock those shelves and keep the gas tank filled..it might be a good idea.

5 comments:

The Hermit said...

Jan, word just coming in it did not pass.

Jan said...

Hermit..I know, I've been watching all day.

Now, they're up there, making excuses, and blaming each other...as usual.

sheoflittlebrain said...

Ha! I had trouble leaving a comment, but now I've got it!
I'm writing this on thurs am, and it still hasn't passed. The senate managed to pork it up a bit! Can you believe it? Of course you can!

Anonymous said...

Jan - I'm just reading this article. You show uncommon good sense, my friend. Please continue your blogs - we need to be aware of just what is going on, and it's great that you dig up all of these things from the past that we really need to heed.

Roll on!
Carol

Jan said...

Carol..thanks!

I really appreciate the encouragement!