(For those who have trouble with YouTube, such as those at work who are behind a firewall that blocks it, or if you want a copy you can save to disk- you can download a "Mac friendly"or"PC Friendly" copy -both are of higher quality and larger size than the YouTube version.)
You know what the deal is.
But here's the punchline - apparently,last night, The US House and Senate reached at least a "soft" agreement on the Housing Bailout Bill, aka HR 3221, and TODAY, The House PASSED it.
THIS BILL MUST NOT PASS THE SENATE.
There is only one way it will not.
You must get on the phone, right now, and call BOTH Senators, then FAX THEM BOTH.
You must tell them that THEY MUST NOT VOTE FOR THIS BILL, and if they do, you will do everything in your power to remove them from office.
Folks, I am not given to hyperbole. This is not a joke, it is not funny, and if this bill passes itcannot be un-done.
Henry Paulson is about to be given an $800 BILLION dollar blank check in the form of an increased Federal Debt Ceiling which he can spend on Fannie Mae and Freddie Mac IN ANY WAY HE CHOOSES, INCLUDING BUYING THE CRAPPIEST LOANS THEY HAVE AND STICKING A ONE HUNDRED PERCENT LOSS, $800 BILLION WORTH, ON YOUR TAX BILL.
A huge percentage of the debt issued by Freddie and Fannie - about $1.5 trillion worth - is held by foreign central banks. Paulson is proposing to bail out the Chinese and Japanese governments withour tax money!
Paulson SAYS he will "protect the taxpayer."
THE BILL ALLOWS HIM TO SCREW YOU WITH ABSOLUTELY NO RECOURSE.
THIS BILL MUST NOT PASS.
If you do not act TODAY, you will not have the opportunity to act in the future. The Senate will take it up eithertoday or Saturday.
Within the next two days it will be too late and we, the people, our children and grandchildrenwill be stuck with the consequences.
Your option to choose expires in less than 48 hours.
The only hope we have of defeating this is to CALL AND FAX both your Senators AND PRESIDENT BUSH, urging him to VETO the legislation.
It is down to the wire folks.
Do or (your children's) financial future dies.
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
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