President Bush warns of ‘Long and Painful Recession’ unless Congress gives him a Blank Check

President Bush has warned Americans and lawmakers reluctant to pass a historic $700 billion financial rescue plan that failing to act fast risks wiping out retirement savings, rising foreclosures, lost jobs, closed business and “a long and painful recession.”

He’s just bluffing, trying to scare the lawmakers into submission. But the US lawmakers should hold their ground. We will not budge under threat or fear.

Such wide ranging, unchallenged powers cannot and should not be given to the same cabal that have wrecked the economy. We cannot trust them anymore. They should not get a blank check.

The bailout is not $700 Billion. Its just a beginning, upto $700 billion at a time. This bailout may cost upward of $3.3 Trillion to the US taxpayers. We cannot let this happen.

It is time the Neocons are taught a lesson. All Americans must rise up and say “No, we will no longer be fooled by you. We will not tolerate this rip-off any more”

This is the biggest socialist bailout in history. The United States of America is now “The United States Socialist Republic” or USSR. The only difference between the communist Hugo Chavez and George Bush is that Hugo Chavez of Venezuela does not Nationalize companies using Tax dollars.

This is the limit. If people don’t rise up now, all will be lost. People should read more about Ludwig Von Mises, Murray Rothbard and Lew Rockwell. This is a Revolution…

read more | digg story