| Another Federal Bailout Picks Americans' Pockets 
By Chuck Baldwin
That deer in the headlights look on the faces of
Obama, Biden, McCain, and Palin when discussing this crisis should tell Americans
everything they need to know about these candidates. Not one of them is letting
on that they know what's really happening, much less how to fix it.
In the last three years, the Federal Reserve has created
over $4 trillion in new money out of absolutely nothing. As these huge new
piles of phony money flood the banking system, the phony money already in
circulation becomes worth even less, which leads to higher prices. We accept
the vague term 'inflation' to describe this giant rip off, as if some immutable
force of nature is the cause of our shrinking paychecks. But, make no mistake –
this meltdown will ultimately spell disaster for every American.
The roller coaster ride began in earnest with the $60
billion Bear Stearns bailout, followed quickly by the $300 billion bailout of
government's big mortgage/banker buddies last month. September started with the
massive Freddie/Fannie bailout that will end up costing taxpayers somewhere
between $500 billion to $1 trillion. On Monday, the fed brokered the Bank of
America buyout of Merrill Lynch. Then just the other night, the fed announced
the $85 billion bailout of AIG insurance, an enormous global entity with over
$1.1 trillion in assets.
So far, the only solution
being talked about is more of the same failed monetary policies that got us
into this mess in the first place – more fake money, more debt, more usury. It
is time to demand a return to sound money. None of the other "Big
Box" candidates is even talking about the most obvious place to begin the
road to recovery, which is a return to the constitutional principal of sound
money.
Chuck Baldwin is the Constitution Party's presidential candidate. Visit his web site by clicking here.
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