Riots & Ruined Dollar?

General Motors hit a road bump by the name of the U.S. Senate on their way to collecting a few BILLION from you and I. It seems that a couple of Senators have the sham figured out. It’s the UNIONS! The unions want the bailout bucks so they can keep their position and power. Bankruptcy wouldn’t be the end of GM, but it would sure hurt the unions. It seems some are figuring out that bankruptcy is better than riots which is just what might happen if GM and auto industry is bailed out while others are not.  

Pesky presidential candidates and Congressman Ron Paul says that bailouts of U.S. corporations are “bad morally” — and that current federal economic policies “will literally destroy the dollar.”  Paul also insists that the use of “counterfeit” paper money instead of a gold-backed currency is “insane,” and declares it is “foolhardy” for Barack Obama to propose national health care under the present economic conditions.

Meanwhile, prospects for passage of a $14 billion auto industry rescue package dimmed Thursday amid strong Republican opposition, despite urgent appeals by both President-elect Barack Obama and the Bush White House. Senate Republican Leader Mitch McConnell came out against the legislation – the product of a hard-fought behind-the-scenes compromise between the majority Democrats and the White House. And not even the White House’s argument that it was crucial at a time of rising joblessness seemed to restore lost momentum for enactment.

Who believes Congress or the president anyway?  :-(

In an interview following a Dec. 10 press conference where he and four other senators aired their opposition to the oposed bailout deal struck by congressional leaders and the White House (and approved by the U.S. House of Representatives 237-170 that evening), Sen. Jim DeMint, R-S.C., warned that the perception that some industries are being bailed out and some aren’t could lead to violence.

Violence? 

“We’re going to have riots. There are already people rioting because they’re losing their jobs when everybody else is being bailed out. The fairness of it becomes more and more evident as we go along. The auto companies may be hurting,” he said, but “there are very few companies that aren’t hurting and they’re going to hurt. We don’t have enough money to bail everyone out.”

Can you  relate?

By bailing out institutions and industries with hundreds of billions of dollars, we’re creating another hell call hyper-inflation just two years down the road. But of course, we keep those who have literally one bankrupt in business. Does than make sense or resonate with you?

Ernie Fitzpatrick
http://www.articlesbase.com/economics-articles/riots-ruined-dollar-680335.html


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15 Responses to “Riots & Ruined Dollar?”

  1. bicballpoint Says:

    Is it time to call a National Strike over a Referendum on Europe?
    The EU Plan to ‘Destroy Britain’
    Within seven-years you will need a permit to cook a meal or to take a bath.
    Watching TV will be limited by rota. Employment will reach 45% of the population and al our power and food will be imported from Europe

    The reason:
    By order of the EU Britain must close 17 power stations – 40% of our electricity generating capacity. We will be force to go cap in hand to our ‘Partners’ in Europe, to by power at whatever price they demand.

    Without electricity our entire economy will collapse – why?

    Outraged by Britain’s continued resistance to a Federal State of Europe, and aided and abetted by British traitors who deride our history and have nothing but contempt for its traditions, the decision to divide Britain into three separate regions each dominated by fiercely pro-EU federalists has been made. Britons are to be denied the right to vote.

    However, aware that these plans will result in a massive surge of support for UKIP, the BNP and other nationalist parties, with the distinct possibility that they could win enough support to overturn and even withdraw from the EU completely, the plotters developed a policy to destroy Britain’s self-sufficing ability in, agriculture and energy creation.

    According to the Stalinists handbook to disenfranchise a nation you must remove or decry those elements recognised as being identified as national traits. In our case: Post Offices, Red telephone Boxes, Bobby’s on the Beat, Equality under the Law, Freedom of thought and speech. You then impose restrictions of freedom of action in the name of public safety; disciplining the public for minor transgressions and flooding the nation with immigrants in an attempt to cause the destabisation of the very infrastructure of the nation. Hopefully this will lead to riots and thus justify the introduction of military law.

    You must also recruit civilian spies to report minor transgressions and as we now know, ‘essential legislation to combat terrorism’, was in reality introduced to give local councils the powers to delve into the private lives of the electorate.

    Farmers are being paid not to grow crops or to grow crops for alternative fuels like bio-diesel, which are less environmental friendly than diesel oil. The whole scam of climate change has been shamelessly promoted to justify draconian government control over us.

    Recently, the Minister of Agriculture, Hilary Benn, decided to test public reaction to energy permits by advocated issuing carbon trading permits to all of us wishing to buy fuel. This scam is being actively promoted in the USA as a means of gaining control over American’s lifestyles. Foolish because it will cost billions of dollars to implement, make trillions of dollars for governments and speculators, like the liar Al Gore, and not make one iota of difference to climate change.

    Correction, that’s not quite true, man-made CO2 does add to global temperatures by two or three trillionth’s of a degree centigrade. And to obtain this prize of glittering absurdity, economies will be ruined and millions of people will starve to death, which fits nicely with the green zealots ideal solution to global warming the reduction of the human population.

    How much longer must we tolerate this blatant abuse of power by our own government acting against the public interest?

    Is there nothing we can do? Yes, I do believe that you and I can put an end to this treachery by demonstrating our anger.

    It’s time to show our politicians that we are in charge of our destiny and not them. I therefore propose; ‘A Right To Vote On Europe’ – National two-hour strike between the hours of 8.00 a.m. and 10.00.a.m. on Monday 7th July 2008.

    With the threat of repeatedly bringing the country to a standstill until Gordon Brown gives us our right to vote in a referendum on Europe.

    Either we assert our right to be self- governing – or we lose it for ever.

    Tonyb.

  2. Absolutely! but I don’t think anyone would do it.
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  3. emeraldisle2222 Says:

    No.
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  4. or…..we will develop renewable power sources and the new nuclear power stations that have been given the go-ahead already by htis government.

    Which do you think is more likely?
    Although I think your mind is already made up.
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  5. Jonathan L Says:

    I am not sure what to think about the EU. Byt
    I can’t see how using less energy is bad for any one so what if the UK has to lose 16 power stations if the rest of the world lived like the UK. We would need 3 earths!!! please think about your future Childrens future.
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  6. The Bruce spawn of Korky Says:

    If Ireland don’t bail us out then yes I’m right beside you,
    force these reneging liars to give us at least the chance to have a say in weather we hand all of the British way of life over to the German lead Brussel sprouts
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  7. yep, i’m with you, it’s high time we looked after ourselves!!!!
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  8. A referendum is a great idea but in France we voted "No" for the european constitution but european Administration hasn’t taken into consideration our vote. The pressure on our parliament was terrible (stalinian).

    Conclusion: European administration beats the civil rights of french citizens.
    oups!!!!! It’s really amazing!
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  9. More interesting would be if we did what they said and stopped using so much oil till the petrol profits were badly hurt. And also stop buying non essentials to a large degree. Then what is basically a greedy and selfish form of capitalism would be squeezed very badly, and hurt the Govt who endorse it so heartily.
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  10. Wow. I admit, I haven’t looked at Yahoo answers for a while but this question is one of the most uninformed I have seen in a long time.

    One of the biggest weaknesses of UKIP (and other similar parties) is that they believe this kind of nonsense. They see conspiracy, where there clearly is none. They accept any anti-EU rumour story without question, no matter how incredulous. And they wrap themselves in overly nationalistic language, which scares off any middle-ground.

    There are many, many legitimate reasons to be sceptical about the EU, (the current Lisbon Treaty, CAP), but if people want a referendum on withdrawing, they need to present their case in the political mainstream.
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  11. a very good ( and long ) idea.
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  12. gdess59@btinternet.com Says:

    Exactly what world do you live in? The rubbish you anti EU lot spout is laughable. We will never leave the EU, just accept it.
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  13. Yes!!
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  14. Robert Holland Says:

    bang on rommel, the irish are only voting for self gain ,check my question,they proved it.we do NOT live a democracy
    something else is at work here, QUEENS MESSAGE .
    SHE NEW IT. they are all stamping on the english,
    whats your take on ALEX JONES. he knows it,nwo scares the shi…te out of me.
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    info wars
    ps someone is going to make the muslims and christians fight … three guesses

  15. WOW!!! A free book!!!
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