Subject: Institutions of GREED (Feel free to use these arguments if you so choose in correspondence with your own Senator or Congressman - hint: don't let the ones who voted for this get off the hook!).

Dear Senator Martinez,
By voting to pass HR1424 on Oct 7th, you showed your true colors. I took note that Senator Nelson and Representative Bilirakis voted "NAY". I applaud their courage to do what was right. You, on the other hand, are not for the people, but simply a paid lobbyist for the financial market racketeers. I do not care how many bridges you've built in the past, this was your defining moment, and you FAILED. I don’t care who runs against you, I will be waving their flag! This vote will NOT be forgotten.

As a Republican, a voter, a taxpayer, a veteran, I am appalled by the flagrant disregard for logic and loyalty to the people of Florida and America as a whole. There has been NO greater outcry from the people that you pretend to represent than over this bailout bill.
"NO, NO, NO!" we said. And now, $700,000,000,000.00 dollars is being signed over? No, wait. That wasn't enough, let’s make it $850,000,000,000.00! Why not make it a cool TRILLION, or QUADRILLION?

When will Americans stand up and DEMAND representation? This is TAXATION WITHOUT REPRESENTATION! This and the bailouts of Bear Sterns, Morgan Stanley, AIG, and the rest of the Wall Street criminals is the WORST kind of socialism for the rich at the expense of the working population EVER committed against mankind in the history of time! This is Wall Street's "Golden Parachute". They should all be going to JAIL! Phil Gramm, Robert Ruben, Henry Paulson, Alan Greenspan, and Ben Bernacke should be GOING TO JAIL over this.
If you want to make REAL change that will serve the interests of ALL mankind, you’ll stop listening to the BOUGHT-AND-PAID-FOR “experts” on Capitol Hill (like Bernacke, Gramm, Paulson, etc), start doing your own personal research and listening to guys like Robert Johnson, Jim Rogers, Peter Schiff and a host of other honest economists. They will tell you the FEDERAL RESERVE and the Central Banking/Fractional Reserve Banking systems are COMPLETELY at fault.

Your letter to Floridians in "quotes" - my responses after:

October 7, 2008 -

“Recently, members of Congress acted to address the worst financial crisis America has faced in generations. “ – This is shock doctrine propaganda. Just like after 9/11 we now have the financial version of the “Patriot ACT”, which is another criminal act against the Constitution by violating the 4th Amendment seven ways to Sunday! If honest representatives with any credible advisors would have had a chance to act on this situation, it would never have come to this. The solution you so brazenly voted for only serves to transfer the wealth of the entire nation into the hands of the few already filthy rich financial moguls on Wall Street! Thank you for your resolve to stop this bill, Bill and Gus.

“While the decision may not have been popular, I felt it was necessary to help stabilize the economy and prevent the crisis from acutely affecting American families.” – As I said before, you FAILED! YOU REPRESENT US. YOU ARE NOT PAID TO THINK FOR US! WE TOLD YOU “NO!”

“If Congress had failed to act, the financial liquidity that allows our economy to function would have completely seized up, grinding our already shaky economy to a halt.” – Prove it! I submit it is pure conjecture. A real leader would have inspired this nation with sweeping reform, real changes, accountability for criminal financial actions, and protection of the real America, not Wall Street. Instead of, “We have nothing to fear but fear itself.” we got “Be afraid, very afraid.”

“Experts warned that businesses would not be able to make payroll, students would not be able to secure loans to pay for college, consumers would not be able to access credit, the rate of foreclosures would continue to increase, and unemployment would dramatically increase.” – More of the same, “the sky is falling” shock doctrine that they (Paulson and Bernacke) used to manipulate you into voting for this bill. Let me ask you this, why do students need loans to pay for college? Why do consumers NEED credit? We used to have this four letter word in our language and everybody knew it, “SAVE”. Then when you have enough buying-power “saved” you can go out and purchase what you need or want.

“Not all experts are right, and these predictions may be wrong.”– There’s a revelation. Define “Expert” Senator. Obviously the guys who most of Congress has been listening to are not so “expert” as they pretend. Let me just be one of the first to say, the “expert” predictions you used to base your decisions on are WRONG. They’re based on a flawed system that needs to be completely overhauled.
“But even if this were the case, putting Americans' financial security in jeopardy was a risk I was not willing to take.” – Too late. You already sold ALL Americans’ financial security to the hedge fund bankers and Wall Street criminals.
“After days of meetings with my colleagues and officials from the Treasury Department and Federal Reserve, I was convinced that inaction would be irresponsible and that this plan, although not perfect, was the best option available to protect our economy.” – I wonder, can you sleep at night knowing that you were either duped into, or complicit in the largest robbery at pen-point ever?

“Some have said that this plan benefits the titans of Wall Street who helped to create the crisis, but I believe it was designed with the interests of Main Street in mind.” - Are you kidding me? How does this bill address Main Street? Does it put a moratorium on foreclosures? Does it provide mortgage relief? Does it do anything other than line the pockets of criminal Wall Streeter’s with tax-payers money? You are WRONG.
“The plan provides strong congressional and independent oversight, a system of checks and balances, and stability to the credit markets at a time when the availability of credit is uncertain.” – Oversight that doesn’t penalize or have teeth to regulate is just that, oversight. So enjoy the show as the fat-cat Wall Street criminals continue to steal the wealth of our nation. If I haven’t said so before, CREDIT begets GREED. It is a flawed system. Let’s get rid of it once and for all. If everything wasn’t so artificially expensive, we wouldn’t need credit. And then again, the only reason things are so artificially expensive (inflated) is BECAUSE of credit.

“It offers solutions to Floridians facing foreclosure by directing federal agencies to work with servicers to encourage loan modifications for troubled homeowners.” – Show me? Where? Encourage loan modifications? How? “Should” does not mean “Shall”. Giving a starving man a hamburger and asking him to feed ten other starving men with it would probably work just as well. The banks will save themselves first. The $700,000,000,000.00 is only 5% of the junk debt out there. That means the real bill is $14,000,000,000,000.00 (yep 14 TRILLION). Also, all those Adjustable Rate Mortgages, Balloon and negative amortization loans from 2006 are getting ready to come due… you think the “crisis” is bad now, wait until that hits.
“Until we stem the tide of foreclosures and find a floor for housing prices, we will not overcome the housing crisis.” – True, but that’s only part of the problem. As long as the Federal Reserve exists, as long as fractional reserve banking (usury) exists, as long as the markets, energy, health care, credit, etc… remain unregulated and privatized, we as a country are doomed to failure.

“The package also includes tax extensions, including the sales tax deduction, property tax deduction, child tax credits and a fix for the Alternative Minimum Tax - an adjustment to the tax code that protects 20 million Americans from seeing their taxes rise by an average $2,000 and one that ensures Americans are able to keep more of their hard-earned money.” – I have lost over half of what I owned on paper. You can take the $2000.00 handout and stick it in Ben Bernacke’s back pocket or other posterior location. That is barely a handout even when spread across 300 million people, besides money doesn’t grow on trees so all that does is make the debt worse! At this point, I could care less about the money. These corrupt politicians, “leaders”, lobbyists and “experts” need to go to JAIL and the system needs to be completely OVERHAULED. NOW!

“Finally, the plan includes safeguards so there's no "golden parachutes" or abuses in executive pay and allows the government to recoup any losses to taxpayers resulting from the program.” – I’ll have to look for this language, but the way I figure it, I should be getting prospectuses from about 10 financial institutions as a new stockholder, but wait, we the tax payers didn’t even get that! Where are our shares in these companies? Leaving these businesses in the hands of the private corporations is tantamount to the fox guarding the henhouse all over again. This will never end until someone stands up to the Institutions of Greed and slays the viper once and for all.

“The financial rescue plan offered Congress the best chance to protect Americans from the kind of financial collapse that would have devastated millions of families. This crisis is the kind of difficult moment that brings our country together, when the American people find the resolve to overcome adversity, anxiety and partisanship to support what is right. All Americans ought to have their own claim to the American dream; this plan supports that spirit.” – You know you failed, and there’s no spinning that.

“Mel Martinez is a U.S. senator for Florida, a member of the Senate Committee on Banking, Housing and Urban Affairs and a former secretary of Housing and Urban Development.” With all that experience, I would have expected you to be an “expert”, or maybe you are one of Wall Street’s experts. Scare tactics are being used by the administration to support the wall street power brokers (to whom Paulson and Bernake belong) and this bailout is merely a symptom created by the Federal Reserve system to cycle more wealth into the hands of the rich at the expense of the American Taxpayer.

How to start to fix this problem:
1. REPEAL the following laws:
a. Federal Reserve Act 1913
b. National Bank Act 1864
c. Gramm-Leach-Bliley Act 1999
d. Commodity Futures Modernization Act 2002
e. 16th Amendment - Fed Gov should have to go to the States and a sales tax should be used instead of income tax to raise revenue.

2. Nationalize the Federal Reserve and all its member banks.
3. Outlaw Fractional Reserve Banking - require all financial institutions have a 100% reserve ratio through Constitutional Amendment.
4. Outlaw charging interest on loans (and credit cards) - with very few exceptions that would be capped at 8% through Constitutional Amendment.
5. Congress exercises its Constitutional right to print currency for the country replacing the Federal Reserve Note with a U.S. Dollar based on the President Lincoln era concept of the "Greenback" or under John F Kennedy’s plan for U.S. Notes.
6. Divest our interest permanently from the World Bank, International Monetary Fund, BIS, World Trade Organization and related organizations with the intent of disestablishing the World Bank system permanently.
Treat the disease. Treat the cancer of the Federal Reserve, Central Banks and fractional reserve banking and the symptoms will disappear.

Sincerely,

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