How many times have your heard these same people tell you that "Our banking system is sound"?  Guess what, it's not.  You have been lied to, repeatedly.  Can you see it now, when the results of the lie are staring you in the face? 

House prices cannot go up forever, and they will not.  They are going to fall further.  Anyone with two brain cells to rub together and a basic understanding of mathematics can see that there are MASSIVE losses that are going to be taken because of the housing stupidity.  There is NO AVOIDING it.  Now all we're debating is who is going to take it.  As of right now, WE ARE.  This bill allows Hank Paulson to offload the losses from the banks, directly to US, the American Citizens.

If this legislation passes, you can forget about any kind of social security, let alone universal healthcare or any shiny new things you want from your sugar daddy.  Room at the government teat is about to get a lot smaller, you're giving the banks permission to take your spot.  The money is GONE.  The banks have it.

You are being promised bread and circuses at the expense of our democracy.  And there is no money for bread, and the circus tent is empty.

WAKE UP.

How long will you allow yourself to be scared into giving away your children's future?  Don't you realize that this is the exact same type of reactionary thinking that got us into Iraq?  Instead of being shown pictures of mushroom clouds, you're now being told that if we don't act RIGHT NOW we will see massive problems in our financial system.  Do you even know what that means?  99% of people do not, but they're willing to lower their standard of living based on nothing but PURE FEAR.

What kind of problems would it cause if this doesn't happen?  Do you even know?  Or are you only hearing "scary, the horror, must act now, bad things, be afraid" again?  (Here's a clue-by-four:  banks will fail, which still is going to happen at a record pace even after this legislation passes.)

DEMAND SOME TRUTH.

This legislation runs contrary to everything our country was founded on. Stop worrying about your 401(k) for just a few minutes and look at the bigger picture.  We are out of money.  There is no more.   We don't even have any money in the FDIC fund, it has been spent through accounting trickery.  Our country is completely broke, and we rely on other countries to fund our foolishness.  And they now have their own problems.

There are now two ways out of this: taxes will be raised through the roof and government spending chopped so fast it'll make your head spin, or there will be hyperinflation (actual printing of new dollars in massive amounts, something we have not seen in decades).  Pray for the former, because no government in history has survived hyperinflation.

Listen, this is THE issue in the election, because the future of our country literally depends on it.  Whether people decide to face up to it or not, this is going to shape the lives of YOUR CHILDREN.  Not your grandchildren, or your great grandchildren.  The can has been kicked as far as it can go.  YOUR CHILDREN.  We must DEMAND some common sense from the people we elect in November.  Demand ANSWERS, not rhetoric.  If somebody dodges this issue with fluff like "this is the reason I'm running for office" or "I served my country and I'm proud of it"--boo them off stage and throw rotten vegetables at them.  There is no dodging these issues any longer.  We deserve REAL ANSWERS to these questions and REAL SOLUTIONS to these problems, because otherwise we will all be very unhappy, very soon.

The full text of the bill is here.  Read it, and then read the Constitution.  One of these two documents is going to die.

P.S. This does exactly NOTHING to prevent a market crash, it only delays it until the euphoria wears off.  You cannot scare 2 + 2 into being 5.  Your 401(k) will still get creamed.