StockFetcher Forums · General Discussion · 545 PEOPLE vs. 300,000,000 By Charlie Reese<< 1 2 >>Post Follow-up
6,371 posts
msg #71842
Ignore TheRumpledOne
3/2/2009 8:42:12 AM

545 PEOPLE vs. 300,000,000
By Charlie Reese

Orlando Sentinel

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don't propose a federal budget. The President does.

You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don't write the tax code, Congress does.

You and I don't set fiscal policy, Congress does.

You and I don't control monetary policy, the Federal Reserve Bank does.

One hundred senators, 435 congressmen, one President, and nine Supreme Court justices 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a president to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash.

The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The President can only propose a budget. He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House? Nancy Pelosi. She is the leader of the majority party.

She and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million can not replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it's because they want it unfair.

If the budget is in the red, it's because they want it in the red .

If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.

They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses.

Provided the voters have the gumption to manage their own employees.

We should vote all of them out of office and clean up their mess!

Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.

174 posts
msg #72093
Ignore ham1198
3/5/2009 5:30:22 PM

TRO, you just made me MORE depressed. Thid country is going to pot. I'm more convinced now that the Dow is on its way to 4000. GM, Citi, BoA, AIG and a whole lot more are history. Get used to not seeing GM around any more, they are toast. This whole bailout was a total waste of money. This is all going to make the Great Depression seem like a tea party. Good luck to all. I sold everything today. Wish I sold months ago. At least I saved myself another 50% haircut.

622 posts
msg #72095
Ignore luc1grunt
3/5/2009 6:44:00 PM

Best of luck to you's a pretty sour time in these here United States....the only thing really of any value is your soul, so take of it.

6,371 posts
msg #72122
Ignore TheRumpledOne
3/6/2009 7:59:24 AM

There's always opportunity for those who look and are prepared.

622 posts
msg #72123
Ignore luc1grunt
3/6/2009 8:18:26 AM


5 posts
msg #72132
Ignore clputnam
3/6/2009 9:44:03 AM

TRO, thank you for posting that article. I would like to add one more to that number and it is the Chairman of the SEC who after 70 years of having an uptick rule, removed it about one year ago. That was the end of the trading for me, not to mention the rule that was in place when there was a halt on trading after the Dow dropped significantly (was it 100 points?). Our government has been run for many years by white collar thugs in my opinion., I just do not see how we can ever recoup.

6,371 posts
msg #72202
Ignore TheRumpledOne
3/6/2009 8:18:21 PM

The economies around the world are collapsing.

What better scenario for the NEW WORLD ORDER to step in?

People looking to government for answers instead of being SELF RELIANT.

While the masses are losing their @$$e$, a few people are making money when opportunity knocks.

If you're looking for problems, that's what you'll find.

If you're looking for opportunity, that's what you'll find.


5 posts
msg #72219
Ignore clputnam
3/7/2009 9:55:54 AM

Think I found it over in the Filter Exchange with the TRO BLACK BELT TRADING TECHNIQUE. A real "breath of fresh air" - thank you so much for your contributions here.

10 posts
msg #87718
Ignore stoxrox
2/2/2010 10:56:00 PM

Ham sold everything just a few days before the bottom.

922 posts
msg #87721
Ignore miketranz
2/2/2010 11:18:07 PM

I really feel for guys like Ham.I know,I've been there.I always said the markets a good place to lose money.Its set up to take the money out of your pockets,in a game of smoke & mirrors.Ham,its time to take a break from the action,and come back hungry with another plan,reduced size,different perspective,better money management.Good luck..........

StockFetcher Forums · General Discussion · 545 PEOPLE vs. 300,000,000 By Charlie Reese<< 1 2 >>Post Follow-up

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