Tuesday, September 30, 2008

Stop the Paulson Sovereign Wealth Fund Now!

Who would have dreamed that when socialism finally came to the U.S.A. it would be brought not by Bolsheviks in blue jeans but Wall Street bankers in Gucci loafers? Maureen Dowd, NY Times, Sept. 28

Bush was never a conservative. He's the guy responsible for blowing up the movement. Michael Tanner, Cato Institute, NY Times, Sept. 28

There is a bailout bill on the table. The American people can stop it by flooding DC with phone calls and emails. It is not inevitable that America becomes a socialist nation. I contacted my congressman, please contact yours. And forward this email to as many people as possible so it can be forwarded until a few million calls are made tonight and tomorrow so we can stop the coup that is in the works. If you don't know who your congressman is you can find out here: www.House.Gov.

We should have nothing but contempt for the Republicans that signed on to this bill and want to be "bipartisan." You know the definition of bipartisan...government gets bigger and bigger and bigger. Is that why we should vote for the Republicans? So they can be bipartisan?

Let's make history that would make the Founders proud and read my most recent article below about The Paulson Sovereign Wealth Fund.

In Liberty,
Murray

Murray Sabrin, Ph.D.
www.MurraySabrin.com

The Bailout by Murray Sabrin, Ph.D

Why do the political and financial elites want a federal government bailout--“rescue”--of failing financial institutions? They want to preserve fiat money and the fractional reserve banking system. Without government protection, the market would rid the system of paper money and a fractional reserve banking system. The market relies on freedom and property rights to function properly so prosperity can be created the old fashioned way, via savings and investment. Instead, the elites want the current financial and monetary system to perpetuate the welfare-warfare state, welfare for as many people as possible so they will continue to support big government. And of course the elites want as much military spending as possible to funnel money into the military-industrial complex, the welfare sector for the politically well connected companies, consulting firms and individuals.

Take away the federal government's ability to print money and the banking system's leveraging of newly created dollars which are injected into the economy to stimulate production and consumption, and society would have to rely on real savings and capital instead of the Fed's legalized counterfeiting.

The sides are drawn as clearly as possible, Main Street versus the elites. So far, we have not heard one billionaire criticize the planned bailout. They are all on board with the greatest scam in history. Main Street is showing its muscle. Whether it will be enough remains to be seen.

I urge you and everyone you know to call your congressman today to stop this scam.

I called my congressman, Democrat Steve Rothman, yesterday to discuss the bailout. I had sent an email to one of his staffers who replied Steve is against the bailout. A few hundred thousand emails, telephone calls, etc., can stop the bailout, and we can then begin to rebuild a free society. It's up to all of us to become the American Revolutionaries of the 21st century.

For an outstanding list of articles about the bailout, see The Bailout Reader, http://mises.org/story/3128.

The Presidential Debate

John McCain looked old, sounded boring and did not look he was the occupant of the Oval Office. In short, he looked and sounded like a political hack. Barack Obama was smooth, articulate and looked presidential. Not once during the debate did McCain or Obama mention the Federal Reserve, paper money, fractional banking. In short, their handlers have them on a very short leash.

On the issues Jim Ostrowski summed it up best last night on the www.lewrockwell.com blog:

McBama favors the Billionaire Bailout.

McBama won't say what programs have to be cut to pay for the Billionaire Bailout.

McBama thinks "we should never hesitate to use military force."

McBama wants to escalate the other unwinnable "land war in Asia" (Afghanistan).

McBama is not sure about whether to start a third unwinnable land war in Asia, against nuclear power Pakistan.

McBama would go to war against Iran for the sake of Israel if necessary. He is not sure if he wants to talk with the Iranians before bombing them.

McBama thinks that Russia is the villain in Georgia.

And the winner of the debate is: Ron Paul, who said recently that there's not a dime's worth of difference between the two parties.

For lovers of liberty, the election is a real bummer. The political and financial elites will win no matter who is elected president, because he will maintain the status quo--paper money, fractional reserve banking and the military-industrial complex. The guaranteed loser in November--the vast majority of the American people who earn their living 9-5 the old fashioned way, honestly.

Have a healthy and Happy Rosh Hashanah.

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