Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2009 In Review)
Seeing huge swings in your account value? On margin? Read my "Come to Jesus" Ticker? If not, please do. Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
See The Federationists on their new web site and forum.
Donate to obtain GOLD ACCESS for enhanced privileges. Interested in T-Shirts, caps and coffee mugs? Click here.
RSS available
MarketTicker Forums Read Message in Presentations User: Not logged on

Top Forum Top Login Control Panel FAQ Register Logout

Showing Page 1 of 2  First12Last
User Info [b]Enabling Act of 2008[/b], The Rise of the Fourth Reich in forum [Presentations]
Eleua
Posts: 9907
Incept: 2007-07-05
A True American Patriot!
N 47.72/ W 122.55
Report This As A Bad Post Add To Your Ignored User List Ignore this thread
Here is the letter that I am sending to every Congressman.

=========================

Enabling Act of 2008

Dear Member of Congress:

You are being asked to assign unprecedented powers to an unelected, and unaccountable former Wall Street banker, under the guise of bringing stability to the markets and solvency to our banking system. With one hastily thrown together vote, you are going to create the most powerful human being in world history – Henry Paulson.

This is being done for the purposes of fixing a “crisis” that has suddenly, in the last hour, been presented to Congressional leaders. This act would remove the constitutionally mandated powers of regulation of the money supply, and the value thereof, from Congress and give it to an unelected member of the President’s cabinet. According to the act, this person would be above judicial review, and be allowed a $700,000,000,000 revolving line of credit to print money on behalf of the United States government. That is more power than anyone has ever had – anyone. Caesar did not have this power.

This should sound eerily familiar.

In March of 1933, after the “crisis” of the Reichstag Fire, newly named Chancellor of Germany, Adolf Hitler, petitioned the German Reichstag to give him plenary powers over the affairs of German government. The Reichstag transferred its power, on an emergency basis, to the Cabinet of Germany for a period of four years, and this was called “The Enabling Act”. This was to deal with the perceived “crisis” of Communists within the German government, when the “crisis” was never fully substantiated. It is believed by most historians that the Reichstag Fire was a deliberate act to coax the Reichstag into giving up its power.

That history did not end well.

You are being goaded into giving Henry Paulson plenary powers over the economy and government spending, money supply, and value of that money. Those powers belong to you, held in trust for the citizens of the United States. Our Founders gave you those powers TO PREVENT THE VERY SCENARIO THAT SECRETARY PAULSON HAS PRESENTED TO YOU.

You are being manipulated.

For the past 13 months, Paulson, and Federal Reserve Chairman, Bernanke have repeatedly given public statements through the various media, and have testified to Congress on the soundess of our banking system. As that time has worn on, they have repeatedly come to Congress for various bailouts (Bear Stearns, AIG, Fannie/Freddie), as well as acted to install confidence through the manipulation of the Federal Reserve Monatary Policy, and announcing various liquidity programs to keep money in the banking system (TAF, TSLF). While they have been taking extraordinary measures to shore-up the banking system, they have always maintained that the system is sound and just needs a little time to get through a “soft spot,” or a “contained” problem (Subprime).

You now know that they were lying the entire time. There is no way to sugar coat this. They have been lying to you since March of 2007. They are lying now. This was plainly known to many in the professional and amateur investment communities, recently smeared as “short sellers.” It turns out that the cynics were right all along. This is why we have a free press.

Ask yourself, why didn’t they come to you for this unprecedented bailout last October, when Paulson attempted the same thing with various Wall Street banks? Surely, the problem was known last fall when Paulson attempted to create his “super SIV.”

Had he come to you at that time, there would have been at least 11 months to debate the issue, open it for public review, and deal with it while the stock market was trading at an all-time high. Why did he wait until the weekend before the Congressional recess for the bi-annual election cycle, and present the plan over a weekend where the public could not comment? Why did he have to wait until the stock market teetered on collapse, and the credit markets were frozen solid?

He needs a “crisis” so you will not oppose him.

Ask yourself, why did the Senate Majority Leader and Speaker of the House, as late as September 16, attempt to leave the issue in Washington and head back to their districts, leaving the Administration to clean up the mess, then suddenly have a change of heart less than 36 hours later? What was said? Why are the details of the briefing given to Congressional leaders not available for public review? Why are you being asked to vote for something so hastily and without proper briefing or public review? Does Democracy flourish in the dark, or does tyranny and fraud?

We know the following:

Paulson and Bernanke have lied for the duration of the credit crisis.
Every bailout has been bigger, more frequent, and has resulted in a much bigger “crisis.”

Now, Paulson and Bernanke are telling you that they really are telling you the truth and this bailout will work.

You are being played.

They are framing the issue in terms of Congress voting to rescue the banks and the markets. Let me be clear on this point: YOU ARE NOT VOTING ON THE HEALTH OF THE BANKS OR THE MARKETS. YOU ARE DECIDING WHO GETS WHAT MONEY IS LEFT OVER AFTER THEY FAIL. The markets (equity and credit) are going to experience a large dislocation, or in the common lexicon, “a crash.” That is an absolute certainty. You are merely deciding if the US citizens are going to keep their money, or give it to Wall Street bankers. You are deciding if the US government is going to survive or collapse. Giving Paulson unlimited spending powers will ensure that the government collapses. That is a certainty.

Paulson and Bernanke need to be removed from office for malfeasance. For 18 months, the health of the banking system has been very suspect. They have known all along what is happening and have failed to act. Their actions have been limited to lying to Congress and the American people and manipulating the accounting to cover the insolvency of the US banking system.

You are being asked to abdicate. The American people want their Constitution and their government to survive. We will rebuild what Wall Street has destroyed, but we need to keep our money in order to do it.

Vote against this unprecedented power grab. History shows the folly of such endeavors.

Very truly yours,

Per Karlsen
XXXXX Agate Rd.
Bainbridge Isl., WA 98110

//phone number//
//email//


----------

http://clearcutbainbridge.blogspot.com/

Last modified: 2008-09-21 19:48:43 by eleua

2008-09-21 19:48:16
Permalink
Etz3l
Posts: 9103
Incept: 2007-06-26
Report This As A Bad Post Add To Your Ignored User List
Excellent!

----------
Treating the symptoms of financial corruption isn’t the same as removing the causes.

2008-09-21 19:54:51
Permalink
Pika-steph
Posts: 39200
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
Report This As A Bad Post Add To Your Ignored User List





----------
Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2008-09-21 19:55:34
Permalink
Weezie
Posts: 3601
Incept: 2008-05-19
A True American Patriot!
Obama's personal message to the American people...
Report This As A Bad Post Add To Your Ignored User List
I believe you are channeling Karl. Well Done!

----------
----------------------------
Do not write below this line.
2008-09-21 20:01:55
Permalink
Vegasradar
Posts: 3956
Incept: 2007-07-11
A True American Patriot!
CA
Report This As A Bad Post Add To Your Ignored User List
AWESOME ELEUA!

----------
Remember, all Bennie has is dollars. He destroys the currency, he destroys himself. —Karl
Filling in the Pieces- an economic overview:
http://storage.denninger.net/ppt/teapart....
2008-09-21 20:01:59
Permalink
Geckogm
Posts: 1661
Incept: 2007-06-26

Canyon Lake
Report This As A Bad Post Add To Your Ignored User List
Made me tear up... wow!

2008-09-21 20:02:31
Permalink
Timessquare
Posts: 362
Incept: 2007-08-29

New York, NY
Report This As A Bad Post Add To Your Ignored User List
WOW!!! Very moving indeed.

----------
The world is my country, all mankind are my brethren, and to do good is my religion.
Thomas Paine
2008-09-21 20:08:43
Permalink
Theone
Posts: 6865
Incept: 2007-08-07
They crucified the only PERFECT one
Banned
Report This As A Bad Post Add To Your Ignored User List
I'm gonna break my silence for this one El.....

THAT is one of the most compelling things I've ever read.

If that doesn't sum up the CLEAR and PRESENT danger nothing will.

EXCELLENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

back to my nebula.

Lc

----------
Let me know when the DENIAL of who runs everything is over. Until then enjoy the circle jerk. I'm going fishing.

State of the Union --->
http://www.mindspring.com/~lcruiser/Stat....
2008-09-21 20:13:29
Permalink
Fourredfish
Posts: 3324
Incept: 2007-06-26

Seattle - Where Spencer Elden's penis became famous.
Report This As A Bad Post Add To Your Ignored User List
Wowwwwww.

2008-09-21 20:23:28
Permalink
Pd
Posts: 1813
Incept: 2007-07-24
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Fantastic!

2008-09-21 20:23:52
Permalink
Prospektor
Posts: 2448
Incept: 2007-07-19

Stockholm, Sweden
Report This As A Bad Post Add To Your Ignored User List
Bravo!

----------
Mongo like
2008-09-21 20:31:08
Permalink
Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
Online
Report This As A Bad Post Add To Your Ignored User List
El, grrrreeeaaattttt!!

(hey lc!!!)

----------
I say it's spinach, and I say the hell with it.
2008-09-21 20:32:35
Permalink
Stormsailor1981
Posts: 8449
Incept: 2007-06-26
Report This As A Bad Post Add To Your Ignored User List
standing ovation.

2008-09-21 20:34:12
Permalink
Ailujailuj
Posts: 9904
Incept: 2007-08-22

NYC --->LA
Report This As A Bad Post Add To Your Ignored User List
thank you E.

----------
"my god, the little bitch has gone to see the wizard."
2008-09-21 20:47:48
Permalink
Geterdone
Posts: 151
Incept: 2007-07-14

N. E. Indiana
Online
Report This As A Bad Post Add To Your Ignored User List
awsome!

----------
If there was a "FREE HANGING" and you kept the rope, there would be a line.
2008-09-21 20:49:02
Permalink
Pensicostreet
Posts: 719
Incept: 2007-06-26
Report This As A Bad Post Add To Your Ignored User List
Excellent, thank you a thousand times, will copy and keep in my personal arsenal for reference.

2008-09-21 20:55:47
Permalink
Rjazz117
Posts: 12420
Incept: 2007-09-11 A True American Patriot!
Actually, the future is pretty bright after all.
Online
Report This As A Bad Post Add To Your Ignored User List
That was great, El!

----------

"Liberty cannot be preserved without general knowledge among the people." John Adams
2008-09-21 21:00:30
Permalink
Snooze
Posts: 1652
Incept: 2007-07-09

florida
Report This As A Bad Post Add To Your Ignored User List
Great Job El

----------
We're on a journey - and we don't know it - back to a nation of communities where your character really matters, and where character rests on whether your deeds comport with truthfulness......KUNSTLER
2008-09-21 21:04:26
Permalink
Early_retirement
Posts: 1843
Incept: 2007-06-26

Burlington, Vermont
Report This As A Bad Post Add To Your Ignored User List
AMAZING!

----------
"You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else."
2008-09-21 21:07:13
Permalink
Fatso
Posts: 1764
Incept: 2008-02-03
A True American Patriot!
Roll on up, gonna roll back down
Report This As A Bad Post Add To Your Ignored User List
E, can I forward this to my address book?

----------
The most defining theme, and overriding purpose, of the U.S. Constitution is to limit the power of the federal government. Over that, there can be no historical, or textual, debate.
- Tickerfan
2008-09-21 21:12:10
Permalink
Jjkp777
Posts: 45
Incept: 2008-09-20
Report This As A Bad Post Add To Your Ignored User List
This letter is awesome E. I'm going to email my senators and congressmen. Heck, I'll even call them and read it to them.

2008-09-21 21:15:55
Permalink
Gwesten
Posts: 496
Incept: 2007-07-04

Gulf Coast, AL
Report This As A Bad Post Add To Your Ignored User List
Excellent!

2008-09-21 21:16:45
Permalink
Eleua
Posts: 9907
Incept: 2007-07-05
A True American Patriot!
N 47.72/ W 122.55
Report This As A Bad Post Add To Your Ignored User List
Guys,

The reason it is here is not for my personal accolades. I want you to shove this down the throat of every elected official in the USA - George Bush to the local dog catcher.

I appreciate the comments. Start faxing.

I am limited to a VOIP and the faxing software that is on my laptop. I need you to get the word out. You are my brothers and sisters and I thank you in advance for your efforts.

Do you think that in 1945, what was left of the German people had wished they could have a "do over" for 1933?

Me too. We are not better than they were. Know this. We are all flawed people with real human emotions.

This can go sideways in a manner we can not even fathom.

Pile on.

----------

http://clearcutbainbridge.blogspot.com/
2008-09-21 21:20:37
Permalink
Widgeon
Posts: 6530
Incept: 2007-08-30

OK
Online
Report This As A Bad Post Add To Your Ignored User List
Here is what I've Sent Tonight.



Sir,

I'm pleased to hear of your opposition to the Unconstitutional threat to our nation; the proposal to bailout every failed investment (er. Wager/Gamble) by Wall Street on the backs of the American People that profited not from their malfeasant activities and who have maintained a conservative saving posture with regards to their own Family through these many years.

I view the "proposal" from Treasury as Treasonous ... I view what occurred last Thursday and Friday as a Coup. With such threats upon us it is time for those in the positions of representation to do their utmost to stop, remove, and ultimately arrest the perpetrators of this action.

Our Nation is in profound danger ... tonight. Only the actions of Patriotic People close to the levers of power will be able to stop them. I ask you Sir to Stand Up.

For an affirmative, positive proposal on how to proceed please go to the attached link.

http://www.denninger.net/letters/paulson....

As you are aware, we have live excessively for the past years. The cure will not be painless but the American nation will be stronger.



Last modified: 2008-09-21 21:23:31 by widgeon

2008-09-21 21:23:13
Permalink
Killersdad
Posts: 352
Incept: 2008-03-27

upstate NY
Online
Report This As A Bad Post Add To Your Ignored User List
Thanks for that! It gives another bullit to fire. Well thought out and easy to understand.

----------
They just traded all of America to save a few greedy bastards on Wall Street.
Coolhandluke
It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Andrew Jackson
2008-09-21 21:28:12
Permalink
Top Forum Top Login Control Panel Logout
Showing Page 1 of 2  First12Last

AKCS V12.1 Copyright 1993-2010 Karl Denninger. All Rights Reserved
Email the AKCS Owner