straight talk

They Legalized What Was Illegal and Walked Away Clean.



Posted: Sunday, October 26, 2008

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On The Bet that Blew Up Wall Street, 60 Minutes, they explain how on the very last day of the 2001 Senate session they, our leaders, legalized what was illegal and which was banned and almost blew the system back in 1907. At that time they said it will never happen again, yeah, right.

It is alleged Bill Clinton was a major player in it all according to them and Alan Greenspan and the entire Senate , how surprising? Yes and people blame Bush. Now anyone who knows my writing understands I am no Republican, yet you Liberal Democrats, Clinton lovers, still do not understand that he and they are no different then Bush. It really is unbelievable. Yes and you really believe, really, that Obama will make change, really you do, really.

" An excerpt from the article quotes Warren Buffet, who called these "the weapons of mass destruction" and we the people got to bail them out for what is a alleged crime. Yes crime according to a number of very well known people noted in the program. They said it I didn't.

So just what am I talking about as they stated is what they call an illegal side bet called Credit Derivatives or Credit Default Swaps . It is like a bet between two fans on who wins the World Series. A bet beween two private parties and a crime if placed with any "illegal" parties. Yet our so called leaders made it all legal, or is it?

So the Bailout was also to cover the bets with our tax dollars becausewhen these big companies had to pay off and they couldn't. They didn't have the cash. Just like in 1930. It is similar to when you place a side bet with a bookie off to the side. Lose and you better pay. A bookie when found out goes to jail, in this case like I said, they made it legal and covered the bet with your money. And YOU love it and You love them. And get this YOU ALLOW IT, NO PROBLEM.

So go out to 60 minutes and watch the show, you Democratic lovers and believers in change. And by the way don't leave out those Republicans because it was a unanimous vote . Like they said, it passed on the last day, of the last session, at the end of the year, right before they closed it all down. Yes, and you still like them. Well let me say this kindly and without being rude b__d over and say thank you because we all got it real good.

One might ask why haven't the entire bunch gone before a grand jury? They literally destroyed our nation along with everything else they have done and YET YOU WILL IN MY OPINION ELECT THEM AGAIN. My God why? Yes because you evidently trust them, hope in them, believe in them. It just cannot be comprehended nor defended by moral people but it is as it is.

Hey, I have said enough and no amount of words will do anything at all to get you consider making a real change by voting them all out. So why would they make real change? Perfectly ok with you all they do. Only this time we really all got the shaft and the laugh is on us, once again.

Robert T. Melaccio Sr. 2008 Copyright 2008 Robert Melaccio Sr.



Robert Melaccio Sr. has worked in the computer industry for 40 plus years in a diversified business and managerial environments. He enjoys freelance writing, giving seminars for young adults and teen groups as well as being an accomplished award winning poet of published poetry. He has worked teaching and as a youth minister. He is married and has three children and three grandchildren.

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