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Insight Watch 10/01: It's the Economy, Stupid!




Quick! Without cutting and pasting the whole quote into Ask.com, who said this?


"Just imagine the results if a construction company was forced to use a
yardstick whose measures changed daily to construct a skyscraper. The
result would be a very unstable and dangerous building. No doubt the
construction company would try to cover up their fundamental problem
with patchwork repairs, but no amount of patchwork can fix a building
with an unstable inner structure. Eventually, the skyscraper will
collapse, forcing the construction company to rebuild - hopefully this
time with a stable yardstick. This 700 billion package is more
patchwork repair and will prove to be money down a rat hole and will
only make the dollar crisis that much worse.

There are three good reasons why Congress should reject this (bailout) legislation:

a. It is immoral - Dumping bad debt on the innocent taxpayers is an act of theft and is wrong.

b. It is unconstitutional - There is no constitutional authority to use government power to serve special interests.

c.
It is bad economic policy - By refusing to address the monetary system
while continuing to place the burdens of the bailout on the dollar, we
can be certain that in time, we will be faced with another, more severe
crisis when the market figures out that there is no magic government
bailout or regulation that can make a fraudulent monetary system work."

PS.... Idiot Watch 10/01

"Gotcha Journalism"....?? Oh, right John. Like you haven't done a "gotcha" every single day of your campaign.

And
Sarah and John: marching on as if you both haven't been making fools of
yourself?? Especially with Mr. McSmith Going to Washington last week (I know: clunky) and resolving nothing. Forget allusions to Dubya. Anybody here remember a guy named G.W. Bush
and another bloke named Quayle?


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