The low-IQ socialist scumbags in the House of Representatives in Washington, DC
among other legislative horrors have raised the debt limit of the US by another
US$800 billion, taking the limit to a staggering $10.6 trillion, so that they
could continue to act like the mental defective lowlife collectivist scumbags
that they truly, truly are, which is destroying our money and our country,
which is why I hate them, and which explains why I intend to vote against every
incumbent as often as I can, and urge everyone else to do so, too, (except for
the people in Texas who elect Ron Paul), unless I can successfully get the
American people stirred up into an unruly mob so that I can take over the
country and give myself
a nice, big salary, a generous retirement package, and the awesome, unlimited
powers of an emperor!
In the meantime, Thomas Sowell had an interesting perspective on these
Congressional commie losers, too, in that he says that the housing crisis is a
direct result of these selfsame Congressional morons passing laws requiring
banks to loan to poor people so that they could buy houses that they could not
afford, and in areas where nobody in their right mind would lend a dime because
people who live there default on loans a lot, which is exactly what happened.
Now we know why nobody wanted to loan money to these "red-lined" areas! Ergo,
too many loans, as required by Congress under penalty of law, were made to too
many people that couldn't pay them back, and didn't, which the lenders knew
beforehand, but were forced to do it! Hahaha! Thanks, Mr Sowell! I never put
that two and two together before!
Now that I think about it, it's the same thing that happened to healthcare; the
cost has run to back-breaking levels because the government demanded that
healthcare providers provide first-class services to anybody who asked for
them, whether they could (or would) pay for them or not, and the providers just
added it to the bill of those who paid for their healthcare! Hahaha!
I am ashamed to have laughed at such incompetence and government bungling that
is destroying America and, putting a serious look on my face, I say that the
lesson to be learned here is that we have been betrayed by Congress, again and
again, as it screws up everything it touches, which is what government
routinely does, which is why it is obvious that the constitution never meant
for them to be doing this.
In fact, the nation was supposed to be basking in liberty and free enterprise,
with minimal government interference, and the Founding Fathers obviously
thought that there would be no need for the Congress to ever even meet! This is
why they thought it was important to include Article 1, Section 4 in the
Constitution, which requires that "The Congress shall assemble at least once in
every year." Hahahaha! Meet at least one day a year! Hahahaha!
Instead we have, courtesy of Gary North of garynorth.com bringing it up, The
Federal Register, which "is published every weekday, and it usually is 200
pages long. Each page has three columns of fine print. These are new
regulations imposed by the Federal government on the American economy."
Published every weekday!
And while we are here, Mr North has an article titled "The Senate's 700-Page
Housing Bailout Bill: No Discussion, No Opposition", with the subhead that wins
this week's coveted Mogambo Brevity Is Wit Award (MBIWA); "It's going to pass.
It will not work."
And the loathsome, ruinous, nation-destroying activities of Congress could not
be possible without an unlimited supply of fiat currency, instead of the
strictures of Article 1, Section 10 which requires that only gold and silver
shall be money, a requirement discarded by the despicable, corrupt Supreme
Court, a folly for which we are now paying with inflation in prices and will
continue paying for the next decade.
Now you know why we are so screwed, and who is directly responsible, which
means that the voters who elected these losers are also directly responsible,
and as such are going to get exactly what they deserve. And in the words of H L
Mencken, "get it good and hard".
There are, I am aware, pornographic films that successfully exploit this "get
it good and hard" theme in a very entertaining way, but trust me, there is no
similarity. If only there were.
Richard Daughty is general partner and COO for Smith Consultant Group,
serving the financial and medical communities, and the editor of The Mogambo
Guru economic newsletter - an avocational exercise to heap disrespect on those
who desperately deserve it.
(Republished with permission from
The Daily Reckoning. Copyright 2008, The Daily Reckoning.)
Head
Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East,
Central, Hong Kong Thailand Bureau:
11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110
