Where Will We Stand?

An email we sent just before posting here:

Dear Friends and Family,

The Constitution is eroding before our eyes. Where will we stand? There is now a bail-out plan pending in Congress that we need to give careful attention to. There is panic about the direction our economy is going in. Individually and as a nation we have increasingly used debt to fund our consumption. We have been borrowing from other countries to finance our spending. In a word, we have maxed out all of our credit cards, cannot make the minimum payments, and there are less and less people wanting to lend us money, and for good reason.

Much of the media, and many of our government leaders in essence say that we cannot survive without increasing the amount of debt we carry. They argue that the amount of money we owe to the world does not matter because we are the economic force that makes the world go round. What? What makes our country any different than its individual citizens? None of us can say that the amount we owe the bank doesn't matter because without us the bank would go out of business! Ludicrous! Our nation is so addicted to debt that our leaders are now going to take our money and "lend" it to the fat cats in Wall Street because somehow it will "trickle down" to us so that we can still have easy access to more debt that will pull us out of this recession. The thinking that got us in this position is supposed to get us out?

The scary thing about this bill is that it will put all of this money into the hands of one person, Treasury Secretary Paulson, to do as he sees fit. And even scarier, he will be above the law for how he spends it -- no congressional oversight, no judicial review, nada. He will have dictatorial power! Many Americans see that this is no good and are writing their representatives in Congress to oppose the deal. We urge you to do the same! THIS IS A BAD DEAL! It is unconstitutional.

The President, The Fed and The Treasury all warn us that there will be dire consequences to our economy if this bill does not pass, but they cannot guarantee us that it will even work. In fact, hundreds of top economists have stated that it will not work! The truth is that we are headed into a deep recession, and rightly so. We need to decrease our spending and save. Our credit cards are maxed out! Does it make sense to sink deeper into debt even as we shred the Constitution to pieces?! There are a lot of economic principles and concepts to understand how all of this works. Read the Constitution. Remember why the United State of America came to be. Remember that basic principles work the same for a country as for an individual. We need to stay out of debt. Also remember that we become a slave to whoever we are in debt to. Remember to learn from history. Why did Germany let Hitler take over-- because of desperation! Do not look to someone or some government to save you! We are citizens of the United States of America! We are FREE! Free to choose for ourselves, free to accept the consequences of our successes and our failures and become better for it all. We should not sell our freedom because of fear and desperation. Of all people, we can learn and recover because we are free to do it! Where will we stand?

Please participate by voicing your opinion to your representatives in Congress - Senate and House. Also, please visit our blog at http://beylernomics.blogspot.com/. We would like to know what you think.

In Freedom,

Nathan and Trina

"Give me control of a nation's money and I care not who makes her laws." Mayer Amschel Rothschild