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Our Money - Their Mistake

 

Americans have met “the battle of the bulge” and it isn't any fun!  The “fat cats” in Washington just love to play monopoly with our tax dollars and we’re the ones who end up in jail without a free card.

Our government remains in the same robotic mode of same ole, same ole! We are shaking in our shoes and totally confused; should we remove what’s left of our savings and bury our money in the back yard or should we change our portfolio before Washington makes another blunder?

Don Young (R – from Alaska) voted “NO” on the bailout bill calling it a mere slippery slope to Socialism. Keep your eye on Don, he’s the kind of man we need leading our country. Here’s another Maverick who isn’t afraid to stand toe to toe with either party.

Chuck Norris reminded us that the House of Representatives and Senate don’t have a clue what’s in the 500 page bailout bill and mentions that Republicans and Democrats fell for the bull - - - -  of the bad boys and girls, Pelosi, Paulsen, Frank and Dodd. 

Let’s remember McCain and Obama gave the bill a big “Yes” as they merrily went on their way campaigning.  Neither one objected loudly or with any real sincerity! 

In order to get this bill passed by the majority, Pelosi and gang tossed more than their share of carrots into the bill. Here’s but a few of the earmarks that are snuggled deep within the confines of this bill: (1) $192 million in tax breaks for rum producers in Puerto Rico and the Virgin Islands, $128 million in tax breaks for the manufacturers of car-racing tracks, $148 million in tax breaks for wool-producing companies.and these almighty carrots just keep growing. 

They just don’t get it – we want a government without their hands in the “Piggy Bank.” Government isn’t changing, even though they’ve jeopardize our country and our families! Pelosi remains the same stoic Speaker of the House and every time she dips in our till – she has someone else to blame. 

Now get this Nancy and Reid appointed an Oversight Panel to report to them, the panel will deliver a report January 20th, 2009 after she’s spent all of our bail out money.  Technically, she’s covering her - - - so neither Republicans or Democrats can accuse her of negligence. 

Look at the free market and ask yourself why the taxpayers’ were voted responsible for the bailout Freddie and Fannie. Why are we the ones to pick up the slack for a government that has acted irresponsibly; no one seems to be held accountable at this time!?   It’s like letting a bunch of lions loose at a smorgasbord – they come with a ravenous appetite and just keep gorging and gorging.

Jay Leno as usual gives us a dose of truth embellished by his uncanny wit; when talking about the bail out, he said our economic crisis has now affected our children. Jay said,  “Like, when kids play monopoly, the dumbest kid can be the banker.” He expresses his concern about our predicament via a dash of humor. Jay Leno, New York Times, September 30, 2008, 12:08 pm. 

Here’s several sites that offer up to the minute news on the bailout discussing the repercussions and hardships placed on Americans. The first one is http://loudobbs.tv.cnn.com/   Lou Dobs, although from CNN speaks honestly about the lack of oversight by our government and Paulson (Treasury Secretary.)  

Lou doesn’t waste words, nor will he take up much of your time; he’s a bottom line man and irate that two trillion dollars of our bail out money has been disbursed without proper supervision or restrictions.

Another informative man is Brit Hume | Special Report - FOXNews.com Brits has the highest rated political program on cable TV. Brit doesn’t pull any punches and brings up all sides of the story.

FOX is yet another that site keeps up to date and unlike many news media, FOX tries to present all of the facts.  The World Newser: November 2008 or try FOX.com.   

The latest rumors around town whisper that several trillion dollars of our money has disappeared without any real oversight or restrictions. Consequently some of the lending institutions are doing a little personal investing with our money and have plumb forgotten that we, the consumer are sitting here with legs crossed waiting for some credit lines to be freed up.

“May God Bless America.” If you’re mad – call or email your government representatives. Get your voice back, America; it’s your money and your dime so have your say!

As Always, Annie                 Catch me @ http://www.yourannie.com

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Americans - Stop Pelosi, Frank, Dodd & Reid

 

Thanks to Lou Dobbs, you’re only a mouse click away from finding out the truth about the “Bail Out.” Don’t become complacent, throw up your arms and walk away, because the next time the Democrats play around with our money – we may well go into a “Depression.”

Could all of these men and women be wrong about the bail out plan? They know that at this very minute Pelosi, Frank, Dodd and Reid are preparing special bills to continue with the bail out. Funny thing is, they don’t even bother to ask the American people – they cockily go about their merry business covering up their previous tracks that caused this recession.  

Americans need to contact their federal representatives and insist on seeing any bill drawn up by Pelosi and crew before it is passed. All of these economists sent a letter to Washington noting 3 major concerns about the bailout: (1) The fairness, (2) The ambiguity, and (3) This one is terrifying – Long term effects. 

America, this is your country, your dollars and your future welfare we’re talking about – have any of you read the letter written by these professional men and women? If not go to http://loudobbs.tv.cnn.com/ then surf to the right until you reach “Bailout” and click on the letter. 

This is the Obama philosophy – remember “Spread the Wealth, but First Cover Your Butt.” Get on you computer, phone or go to Washington and stop America’s bleeding – band aids are no longer in style.

The list below are economists who place country first – why not let them form a group to represent us at the White House. Put a freeze on the “Bail Out” until people who are qualified to make these economic decisions are in place. Please, don’t let America goe through round 2 and than round 3 with Pelosi, Frank, Dodd and Reid. 

If nothing else, email Lou and have him help us – he’s an honest man and very, very knowledgeable.  As Always, Annie
 

Signed (updated at 9/27/2008 6:00PM CT)

Acemoglu Daron (Massachussets Institute of Technology)
Ackerberg Daniel (UCLA)
Adler Michael (Columbia University)
Admati Anat R. (Stanford University)
Ales Laurence (Carnegie Mellon University)
Alexis Marcus (Northwestern University)
Alvarez Fernando (University of Chicago)
Andersen Torben (Northwestern University)
Baliga Sandeep (Northwestern University)
Banerjee Abhijit V. (Massachussets Institute of Technology)
Barankay Iwan (University of Pennsylvania)
Barry Brian (University of Chicago)
Bartkus James R. (Xavier University of Louisiana)
Becker Charles M. (Duke University)
Becker Robert A. (Indiana University)
Beim David (Columbia University)
Berk Jonathan (Stanford University)
Bisin Alberto (New York University)
Bittlingmayer George (University of Kansas)
Blank Emily (Howard University)
Boldrin Michele (Washington University)
Bollinger, Christopher R. (University of Kentucky)
Bossi, Luca (University of Miami)
Brooks Taggert J. (University of Wisconsin)
Brynjolfsson Erik (Massachusetts Institute of Technology)
Buera Francisco J.(UCLA)
Cabral Luis (New York University)
Camp Mary Elizabeth (Indiana University)
Carmel Jonathan (University of Michigan)
Carroll Christopher (Johns Hopkins University)
Cassar Gavin (University of Pennsylvania)
Chaney Thomas (University of Chicago)
Chari Varadarajan V. (University of Minnesota)
Chauvin Keith W. (University of Kansas)
Chintagunta Pradeep K. (University of Chicago)
Christiano Lawrence J. (Northwestern University)
Clementi, Gian Luca (New York University)
Cochrane John (University of Chicago)
Coleman John (Duke University)
Constantinides George M. (University of Chicago)
Cooley, Thomas (New York University)
Crain Robert (UC Berkeley)
Culp Christopher (University of Chicago)
Da Zhi (University of Notre Dame)
Darity, William (Duke University)
Davis Morris (University of Wisconsin)
De Marzo Peter (Stanford University)
Dubé Jean-Pierre H. (University of Chicago)
Edlin Aaron (UC Berkeley)
Eichenbaum Martin (Northwestern University)
Ely Jeffrey (Northwestern University)
Eraslan Hülya K. K.(Johns Hopkins University)
Fair Ray (Yale University)
Faulhaber Gerald (University of Pennsylvania)
Feldmann Sven (University of Melbourne)
Fernandez, Raquel (New York University)
Fernandez-Villaverde Jesus (University of Pennsylvania)
Fohlin Caroline (Johns Hopkins University)
Fox Jeremy T. (University of Chicago)
Frank Murray Z.(University of Minnesota)
Frenzen Jonathan (University of Chicago)
Fuchs William (University of Chicago)
Fudenberg Drew (Harvard University)
Gabaix Xavier (New York University)
Gao Paul (Notre Dame University)
Garicano Luis (University of Chicago)
Gerakos Joseph J. (University of Chicago)
Gibbs Michael (University of Chicago)
Glomm Gerhard (Indiana University)
Goettler Ron (University of Chicago)
Goldin Claudia (Harvard University)
Gordon Robert J. (Northwestern University)
Greenstone Michael (Massachusetts Institute of Technology)
Gregory, Karl D. (Oakland University)
Guadalupe Maria (Columbia University)
Guerrieri Veronica (University of Chicago)
Hagerty Kathleen (Northwestern University)
Hamada Robert S. (University of Chicago)
Hansen Lars (University of Chicago)
Harris Milton (University of Chicago)
Hart Oliver (Harvard University)
Hazlett Thomas W. (George Mason University)
Heaton John (University of Chicago)
Heckman James (University of Chicago - Nobel Laureate)
Henderson David R. (Hoover Institution)
Henisz, Witold (University of Pennsylvania)
Hertzberg Andrew (Columbia University)
Hite Gailen (Columbia University)
Hitsch Günter J. (University of Chicago)
Hodrick Robert J. (Columbia University)
Hollifield Burton (Carnegie Mellon University)
Hopenhayn Hugo (UCLA)
Hurst Erik (University of Chicago)
Imrohoroglu Ayse (University of Southern California)
Isakson Hans (University of Northern Iowa)
Israel Ronen (London Business School)
Jaffee Dwight M. (UC Berkeley)
Jagannathan Ravi (Northwestern University)
Jenter Dirk (Stanford University)
Jones Charles M. (Columbia Business School)
Jovanovic Boyan (New York University)
Kaboski Joseph P. (Ohio State University)
Kahn Matthew (UCLA)
Kaplan Ethan (Stockholm University)
Karaivanov Alexander (Simon Fraser University)
Karolyi, Andrew (Ohio State University)
Kashyap Anil (University of Chicago)
Keim Donald B (University of Pennsylvania)
Ketkar Suhas L (Vanderbilt University)
Kiesling Lynne (Northwestern University)
Klenow Pete (Stanford University)
Koch Paul (University of Kansas)
Kocherlakota Narayana (University of Minnesota)
Koijen Ralph S.J. (University of Chicago)
Kondo Jiro (Northwestern University)
Korteweg Arthur (Stanford University)
Kortum Samuel (University of Chicago)
Krueger Dirk (University of Pennsylvania)
Ledesma Patricia (Northwestern University)
Lee Lung-fei (Ohio State University)
Leeper Eric M. (Indiana University)
Letson David (University of Miami)
Leuz Christian (University of Chicago)
Levine David I.(UC Berkeley)
Levine David K.(Washington University)
Levy David M. (George Mason University)
Linnainmaa Juhani (University of Chicago)
Lucas Robert (University of Chicago - Nobel Laureate)
Ludvigson, Sydney C. (New York University)
Luttmer Erzo G.J. (University of Minnesota)
Manski Charles F. (Northwestern University)
Martin Ian (Stanford University)
Mayer Christopher (Columbia University)
Mazzeo Michael (Northwestern University)
McDonald Robert (Northwestern University)
Meadow Scott F. (University of Chicago)
Meeropol, Michael (Western New England College)
Mehra Rajnish (UC Santa Barbara)
Mian Atif (University of Chicago)
Middlebrook Art (University of Chicago)
Miguel Edward (UC Berkeley)
Miravete Eugenio J. (University of Texas at Austin)
Miron Jeffrey (Harvard University)
Moeller, Thomas (Texas Christian University)
Moretti Enrico (UC Berkeley)
Moriguchi Chiaki (Northwestern University)
Moro Andrea (Vanderbilt University)
Morse Adair (University of Chicago)
Mortensen Dale T. (Northwestern University)
Mortimer Julie Holland (Harvard University)
Moskowitz, Tobias J. (University of Chicago)
Munger Michael C. (Duke University)
Muralidharan Karthik (UC San Diego)
Nair Harikesh (Stanford University)
Nanda Dhananjay  (University of Miami)
Nevo Aviv (Northwestern University)
Ohanian Lee (UCLA)
Pagliari Joseph (University of Chicago)
Papanikolaou Dimitris (Northwestern University)
Parker Jonathan (Northwestern University)
Paul Evans (Ohio State University)
Pearce David (New York University)
Pejovich Svetozar (Steve) (Texas A&M University)
Peltzman Sam (University of Chicago)
Perri Fabrizio (University of Minnesota)
Phelan Christopher (University of Minnesota)
Piazzesi Monika (Stanford University)
Pippenger, Michael K. (University of Alaska)
Piskorski Tomasz (Columbia University)
Platt Brennan C. (Brigham Young University)
Rampini Adriano (Duke University)
Ray, Debraj (New York University)
Reagan Patricia (Ohio State University)
Reich Michael (UC Berkeley)
Reuben Ernesto (Northwestern University)
Rizzo, Mario (New York University)
Roberts Michael (University of Pennsylvania)
Robinson David (Duke University)
Rogers Michele (Northwestern University)
Rotella Elyce (Indiana University)
Roussanov Nikolai (University of Pennsylvania)
Routledge Bryan R. (Carnegie Mellon University)
Ruud Paul (Vassar College)
Safford Sean (University of Chicago)
Samaniego Roberto (George Washington University)
Sandbu Martin E. (University of Pennsylvania)
Sapienza Paola (Northwestern University)
Savor Pavel (University of Pennsylvania)
Schaniel William C. (University of West Georgia)
Scharfstein David (Harvard University)
Seim Katja (University of Pennsylvania)
Seru Amit (University of Chicago)
Shang-Jin Wei (Columbia University)
Shimer Robert (University of Chicago)
Shore Stephen H. (Johns Hopkins University)
Siegel Ron (Northwestern University)
Smith David C. (University of Virginia)
Smith Vernon L.(Chapman University- Nobel Laureate)
Sorensen Morten (Columbia University)
Spatt Chester (Carnegie Mellon University)
Spear Stephen (Carnegie Mellon University)
Stevenson Betsey (University of Pennsylvania)
Stokey Nancy (University of Chicago)
Strahan Philip (Boston College)
Strebulaev Ilya (Stanford University)
Sufi Amir (University of Chicago)
Tabarrok Alex (George Mason University)
Taylor Alan M. (UC Davis)
Thompson Tim (Northwestern University)
Troske Kenneth (University of Kentucky)
Tschoegl Adrian E. (University of Pennsylvania)
Uhlig Harald (University of Chicago)
Ulrich, Maxim (Columbia University)
Van Buskirk Andrew (University of Chicago)
Vargas Hernan (University of Phoenix)
Veronesi Pietro (University of Chicago)
Vissing-Jorgensen Annette (Northwestern University)
Wacziarg Romain (UCLA)
Walker Douglas O. (Regent University)
Walker, Todd (Indiana University)
Weill Pierre-Olivier (UCLA)
Williamson Samuel H. (Miami University)
Witte Mark (Northwestern University)
Wolfenzon, Daniel (Columbia University)
Wolfers Justin (University of Pennsylvania)
Woutersen Tiemen (Johns Hopkins University)
Wu Yangru (Rutgers University)
Yue Vivian Z. (New York University)
Zingales Luigi (University of Chicago)
Zitzewitz Eric (Dartmouth College)

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