Wait until the first new taxes are passed

Those of us who read way too much see where things are leaning, and from reports of declining Tax Revenues, I believe that we’re all adjusting our financial affairs accordingly.

I believe it won’t be until next April 15 that the masses will figure out that they’ve been “had”. When suddenly the folks who were promised and some of the given a windfall find themselves trying to figure out how to cover the 2009 Tax Bill…. then the stink is going to hit the fan!

“Constitutional Convention NOW!”

Sapwolf on June 4, 2009 at 5:08 PM

Absolutely NOT! I fear we’d be left with no individual liberties at all.

“Constitutional Convention NOW!”

Sapwolf on June 4, 2009 at 5:08 PM

Wait until the first new taxes are passed, or California is bailed out, etc.

It’s not time to actually go down the secessionist route just yet – the people aren’t outraged enough nor are they hopeless just yet – but they will get there soon thanks to the President of HOPE.

Personally, I favor a referendum in the States of TX, LA, MS, and AL first on whether a Constitutional Convention should be held by those states. If the referendum receives a plurality – then move to electing representatives to the Convention. They should not be currently sitting national office holders.

Other states can be added but we need three or four to kick off the process who have a reasonable chance of completing the job quickly.

Once people realize that their retirements, social security, medicare, etc – are up in smoke – they’ll leave the Union for sure. The only reason they put up with it now is because they have so much vested in the Union. But once they realize that it’s all gone (and it is) … they’ll make a switch for sure.

Seccession is sounding better by the day.

MarkTheGreat on June 4, 2009 at 1:05 PM

Yes it is.

However, we must move now while it can be done peacefully and we still have a certain amount of power left to pull it off.

If Obama and the Dems are allowed to move the country too far left and the size of the government gets past the point of no return, then you will see riots eventually over gasoline, food, and the plummeting standard of living, higher crime, more cases of extreme acts like the Tiller and Long killers, etc.

The time is now to begin the cry from the Tea Parties of:

“Constitutional Convention NOW!”

Now, Obama knocks them on their a*s.

Peas in the same pod.

Palinista’s rallying cry:

“No More Bush III!!”

This was reported the day after the meeting.

Or you can vote Constitution party.

If we admit this and point it out to liberals then they will have to admit it. THEN we can turn around and say, now Obama and liberal congress are taking Bush’s bad idea and multiplying it by 100.

Admit! Admit! Admit!

I don’t think the Congress critters are at all worried about being reelected. I think they’ve seen that there are enough people in this nation who only listen to the lying media that there is no way it even matters what they do.

Without the Constitutional checks and balances, America is going to tip over and fall into the sea.

From October. I’ve been making this point for months. Geesh.

The opposition suggested that the government may have to continue to press banks to participate in the plan. The first $125 billion will be divided among nine of the largest U.S. banks, which were forced to accept the investment to help destigmatize the program in the eyes of other institutions.

One of these days, people will listen to me.

lorien1973 on June 4, 2009 at 11:46 AM

Close, but you don’t quite have it.

There was only one bank that really needed a capital infusion, and the others were forced to take it so the one bank would not get shorted and bled to death by investors and depositors for being the only one that needed government intervention.

This entire $700 billion exercise has been about saving Citigroup.

TARP participation not voluntary?

The root cause of ALL of this financial garbage started with Jimmy Carter’s “1977 Community Reinvestment Act,” (CRA) and has ballooned ever since. The congress that enacted this mess, still haven’t stepped back and made any fixes. They’re hell bent on continuing to cover their butts with this folly, and in the end, the American taxpayer will get stuck all over again.

VOTE ALL THE DEMS OUT…

See, that’s the shape we’re in as a country. All it takes is crooked law enforcement/judiciary and the only power we have left is the ammo we keep with us at all times. Everything else – including fair elections – can be stolen with little effort and there is no legal means for us to do anything about it.

This entire nation needs to stand together for the rule of law, or else lawlessness will have its way over every one of us.

The AIG execs didn’t fight back any harder because they had busloads of ACORN folks circling their homes, their families.

It’s the law of the jungle, folks. The only way any of this is going to stop is when the rest of us unite and threaten something real. The tea parties carried no threat. We Constitutionalists are law-abiding people. We don’t riot like the ACORN folks would. Where is our bite? What do we have, short of rioting, that would MAKE these people listen?

Does Soros have enough money to be able to destroy America as he destroyed the Soviet bloc countries? Saudi Arabia? Something happened then that changed everything. Until then Bush and other Republicans were warning about the need for changes to the current system.

And it seemed like Obama was never concerned about the economy – then or now.

We do need to know what happened, but I don’t trust anybody in Washington to tell it to us straight.

A new report from CNS and Judicial Watch shows that then-Treasury Secretary Henry Paulson told these institutions that if they didn’t accept it voluntarily, the government would force them to take it…

Denninger was pretty hot about that:

President Obama’s Treasury Department attempted to prevent the disclosure of these documents, refusing to respond to an FOIA request. Judicial watch sued.

On February 4th The Obama Administration claimed it had no documents related to the meeting, but was forced to recant and release them.

In other words, THE PRESIDENT LIED AND ATTEMPTED TO COVER UP THE FACTS.

The Obama Administration also redacted Geithner’s edits to some of the documents.

These documents show that the banks in question were literally forced to accept the interference of the government in the form of equity investment under the direct threat that their primary regulator (the OTS or OCC, as the case may be) would force them to do so if they refused. Both OTS and OCC are run by Treasury.

The outrage here is not just that these CEOs were forced (literally) to take the money. It is also that they were forced to, at the same time, accept whatever FUTURE restrictions on activity, including compensation, Treasury or Congress desired to impose.

In short the banks were forcibly nationalized without a prior finding of insolvency; this is blatantly unconstitutional as a “taking” without compensation.
[...]
We are no longer a nation of laws; this is a bigger scandal, by far, than Watergate and it is 100% bipartisan.

If we the people allow any of this to stand we can consider our nation’s founding document to be nothing more than toilet paper.

We need a special prosecutor, we need indictments and impeachments, and we need them now.

Do any of you still doubt that Bush was a progressive?

SKYFOX on June 4, 2009 at 1:39 PM

He didn’t start out that way — his was a “living, breathing” political philosophy.

But what I want to know is …

Where are the brave capitalists who will say “NO!”

These institutions just rolled over … They didn’t say “NO!”

The AIG execs just rolled over and gave up their bonuses … They didn’t say “NO!”

The CEO of GM just rolled over and resigned … He didn’t say “NO!”

And it appears the Chrysler and GM bond holders just rolled over and gave up their money … They didn’t say “NO!”

**All it freaking takes here is some AMERICAN who values his FREEDOM, and say “NO!”

MAKE OBAMA TAKE THEM OUT BY FORCE.

But right now – with zero opposition – he looks more like problem solver than a usurper – which is what he really is.

Are there no CAPITALISTS who value FREEDOM? Are they so concerned for their millions that they’d sacrifice their liberty.

Because that is exactly what they are doing.

james23 on June 4, 2009 at 12:58 PM

2000 to 2006:

Worst attack on our soil. 3000 souls perish. Two wars prosecuted. National taxes returned to the people. Consumer spending spurs the economy. Unemployment brought down to 4.5% (lowest in two decades) deficit actually begins to drop. (all socialist policies according to St. James)

2006 to Present:

Democrats take-over Congress and begin a spending spree that continues to this day with no end in sight. Pelosi and Obama (in two years & six months) spend six trillion dollars in unsecured debt, (four times the amount of the entire eight years of the Bush admin) and planning on adding another six trillion on national healthcare, free higher education, and energy policies. Plunges this nation in eternal debt that may never be recovered. ( Attn: St. james—THIS IS GOVERNMENT SOCIALISM )

And we must surely remind Americans that Paulson did a no no forcing banks to accept government money. But where is our financial moral compass now! The days of a pathetic attempt to blame Booooosh for all this madness is over james. And it’s far from knee-jerk in your inclusive comparison of what Bush did and what Obama is doing now. I was very critical of many of Bush’s fiscal policies for years and wrote about it. But what Obama is doing currently to this country will put our government in control of our daily lives more that any other President EVER even envisioned. Creating debt at the pace of a trillion dollars a year for the next ten years is unsustainable. We are headed toward socialist slavery under Obama’s “leadership”. And it’s naive to think these policies even come close to what Bush “may” have started. If you can’t/refuse to see the difference, well, you’re still a ……….(insert what ever noun fits)