Here is a link to an article in the Wall St. Journal’s, Opinion Journal by Stuart Varney
The following from the article blew me away. So much of that in the article is happening on a smaller scale to a group I’m in. The coincidence of reading that article today has given me an epiphany. Those nurons were randomly crashing about without direction, suddenly all hooked up in a straight line and the light bulb came on. First however, the part of the article that started the neurons meshing.
Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He's been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with "adverse" consequences if its chairman persists. That's politics talking, not economics.
Even in the financial tough times and with the deficit soaring, that refusal is not only crazy but scary crazy.
A whole group of neurons were already gathering in line following the Tea Party, anti bailout route. Bingo! The whole point of the Tea Party was the idea of the injustice of taking money from taxpayers to bail out those who got us into this mess to start with. We can’t afford it. To have someone say we can and refuse to take in revenue freely offered. Neuronal shock.
When I read that article, I too realized my naivety . I like most realize that the bailout and TARP money was wasted for the most part; and the program was a mistake. In the beginning, I had like so many others thought that if this money could stop a major catastrophe then Maybe we should do it. Like so many of the other programs that started with good ideas, this on too became corrupted and mandatory and immutable in record time.
The article explains why it has become mandatory. Quite simply stated, it is the cornerstone of a program of President Obama’s to gain control of the financial system. The article explains that to me pretty well. Also the article tells of President Bush and the first bailout of the banks and how it was temporary just to help them get over the hump, a financial decision; while Obama’s TARP was to TRAP the banks into coming under his political agenda. Forcing them into helping fund his agenda.
Then another article about the motivations in general of President Obama set another whole string of neurons off and running. This article too was in the same publication, The Wall Street Journal in the, “Opinion Journal”. The Article was by Kimberly Strassel titled “Obama’s Attack Machine”.
The article did a great job of living up to its title. It chronicled the extent of how organized and widespread the Obama Attack Machine is. Better explaining the interconnections with media and White House. All Media.
I read in that article near the end. “Mr. Cantor is also where he is for a reason, and has so far weathered the onslaught. But the coordinated takedown attempt is yet more proof that the Obama-led Democrats aren't nearly as interested in changing the "tone" as they are in holding on to power.”
That set of Neurons about the holding on to power combined with the political nature I see in all that this administration is doing and the neurons connected with all the other ones. Then through an article I got off Drudge we learn about TARP funds and White House Aides making millions from it. The article was from Politico written by Kenneth P. Vogel.
The evidence is all around, you’ve seen it. How about that article about trying to take away the tax free donations to charities? Then follow that with the article about how this proliferation of Grant Monies is wrecking the integrity of the whole Non-Profit idea. He is turning it into another political arm for the administration; an appendage of Obama’s to weaken the power of private charity. A way for him to get control of that for again his political reasons. Obama just can’t out grow the shadow of Chicago politics.
Suddenly all those neurons aligned and like a whip in motion the snap at the end reached deep within my brain and connect far back into my childhood as I sat as a youngster in the theatre watching “Lawrence of Arabia”. For some reason I saw with perfect clarity the scene when the head of the British medical relief entered into the hospital being run by the Arabs and the situation was deplorable beyond his understanding or belief. He stood there looking around at what was foreign to him --- everywhere he looked; and then he for a moment lost that perpetual British “Cool” by letting out the words
“OUTRAGEOUS --- THIS IS SIMPLY OUTRAGEOUS.”
Of course he then simply rolled up his sleeves and started barking orders getting a handle on things.
That controlled British outburst summed up for me all the utter disbelief that I’ve had in the last few months with the national mess and trillion dollar deal and the corruption sprouting up all over due to the huge free money waiting to be used. I have been like that Englishman; like a deer in the headlights. Too stunned to do anything. America for the most part has felt the same way. These Tea Parties are becoming simply a way to show that feeling of shock we have had for a long time.
“OUTRAGEOUS --- THIS IS SIMPLY OUTRAGEOUS".
I too am going to roll up my sleeves and start barking orders and try in my own way to get things done.
Regards, Live Dangerously Be A Conservative
PS. Adding to that string of neurons there is a parallel string coming from a similar mini grant money thing I was involved in. We were offered X amount of money and when we were shocked by the amount and found out all the strings attached we walked out on it. Thankfully I say because if we hadn’t we too would have suffered untold troubles if we had tried backing out after we accepted it; much as the bank in the first article is suffering now with threats and probably personal attacks. God knows we were put through enough suffering as it was: just the idea that we thought the money was too much and we wanted to get less was reason enough for those control freaks to start to threaten us, and spread gossip.