Monday, August 25, 2008

Saut: “The 545 People Responsible for America’s Woes”

Raymond James | Investment Strategy by Jeffrey Saut

I urge you to consider the following prose from syndicated columnist Charley Reese:

“Politicians are the only people in the world who create problems
and then campaign against them. Have you ever wondered why, if both the
Democrats and the Republicans are against deficits, we have deficits?
Have you ever wondered why, if all the politicians are against
inflation and high taxes, 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.

read it all here

Perfect for the Throw the bums out effort. Vote against all incumbents of both parties. Send a message to Washington.

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