TART. --- On Mon, 9/29/08, Myra <[EMAIL PROTECTED]> wrote:
From: Myra <[EMAIL PROTECTED]> Subject: [APFN] Re: Emergency Economic Stabilization Act Gives Congress Absolute Control over Your Property and Finances To: [email protected] Date: Monday, September 29, 2008, 8:16 PM Tart. --- On Mon, 9/29/08, Deon M. <[EMAIL PROTECTED]> wrote: From: Deon M. <[EMAIL PROTECTED]> Subject: [APFN] Emergency Economic Stabilization Act Gives Congress Absolute Control over Your Property and Finances To: [EMAIL PROTECTED] Date: Monday, September 29, 2008, 7:18 PM This bailout proposal is pure TREASON!!!! Deon ----- Original Message ----- From: Jim Hollingsworth To: [EMAIL PROTECTED] Sent: Monday, September 29, 2008 8:05 AM Subject: [ronpaul-763] Emergency Economic Stabilization Act Gives Congress Absolute Control over Your Property and Finances Dear Friends, This is one of the most concise and best expose articles I have seen on the bailout. Please share it with your friends. Thanks so much. Jim Hollingsworth [EMAIL PROTECTED] Check out our web site: Share it with your friends. www.IdahoansForHollingsworth.com =========================== From: The Daily Jot <[EMAIL PROTECTED]> Date: September 29, 2008 7:35:23 AM PDT To: [EMAIL PROTECTED] Subject: Emergency Economic Stabilization Act Gives Congress Absolute Control over Your Property and Finances Reply-To: [EMAIL PROTECTED] The Daily Jot Daily reporting and analysis of current events from a biblical perspective. Monday, September 29, 2008 Greetings in the Name of Him Who Is Truth! Congress is putting its finishing touches on the precedent-setting "Emergency Economic Stabilization Act of 2008," where the Federal government will take ownership of "any bank, savings association, credit union, security broker or dealer or insurance company" that has "troubled assets." The bill gives wide-sweeping unprecedented and absolute power to the Treasury Secretary who will designate financial institutions as "financial agents of the federal government," and will take control of real estate, retirement plans and any financial institution with troubled assets at a price determined solely by the Treasury Secretary. In other words, the Federal government is taking over the economy and nationalizing its assets. The 110 page bill obtained by the Daily Jot shows that absolutely no elected official will hold oversight on the policies implemented by the Treasury Secretary and courts have extremely limited authority. A Financial Stability Oversight Board consisting of the Federal Reserve Chairman, the Treasury Secretary, the Director of the Federal Home Finance Agency, the Chairman of the Securities Exchange Commission and the Secretary of Housing and Urban Development oversee the actions of the Treasury Secretary and make reports to Congress. The Treasury Secretary is protected from any court jurisdiction as long as he implements the Act in accordance with its provisions and does not violate the US Constitution. The Act requires the President to appoint an Inspector General to investigate the actions of the Treasury Secretary and gives him a $50 million budget to do it. There is a Congressional Oversight Panel created of Congressmen and Senators that gives them extra pay to read the reports submitted by the Financial Stability Oversight Board. The Act creates a massive federal bureaucracy to manage the economy and allows the same people who created the current economic crisis to manage the bail out. The nationalization of the economy is supposed to end when the last troubled asset is sold by the government or after extension of the Act is justified by the Treasury Secretary. Homeowners impacted by the Act are subject to the current Federal programs and will be foreclosed on under current regulations, unless they are minorities or are living in Section 8 housing, where in those cases there will be unspecified leniency. The government will take ownership of the property and collect the rent. In short, your property and bank assets are being seized by the Federal government and you have no legal redress. The bill even limits Congressional authority over any disapproval of the Treasury Secretary's plan. Galatians 5:1 urges, "Stand fast therefore in the liberty wherewith Christ has made us free and be not entangled again with the yoke of bondage." The yoke of bondage is fast coming. Have a Blessed and Powerful Day! Bill Wilson Word of Life Ministry www.dailyjot.com Ps. Read the bill for yourself at http://www.politico.com/pdf/PPM110_bailoutbillfinal.pdf Click here to Click here to support the Daily Jot via secure online donations View our ARCHIVE Forward email This email was sent to [EMAIL PROTECTED] by [EMAIL PROTECTED] Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | Privacy Policy. Email Marketing by The Daily Jot | PO Box 1606 | Frederick | MD | 21702 -- Please Note: If you hit "REPLY", your message will be sent to everyone on this mailing list ([EMAIL PROTECTED]) This message was sent by Jim Hollingsworth ([EMAIL PROTECTED]) from North Idaho Campaign for Liberty. To learn more about Jim Hollingsworth, visit his/her member profile To unsubscribe or to update your mailing list settings, click here Meetup Support: [EMAIL PROTECTED] 632 Broadway, New York, NY 10012 USA --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "APFN" group. 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