The American Revolution II ? Can it happen?

We all know that our country is in very bad straights. The Financial Crisis is a mass of weak branches, while the trunk is splintering and in grave danger of crashing to the ground. Our current state of affairs took many years to develop into it's present dyer condition. Whatever the rescue plan our leadership employs, it is clear that it will take a long time for a full recovery. At best, we need to be smarter than we have ever been about using our resources in this most challenging crisis, which in many ways is more serious that the Great Depression. At worst, our way of life will collapse. Rome fell, as did many other great empires, we could too. Not that I foresee that happening in the near future but it is a possibility.

I support massive Federal intervention. I am for the United States Congress as well as all branches of our government coordinating as they never have before, an aggressive and expensive long term program or programs to "bail out" America. America would necessarily include American companies and American Institutions but most of all American citizens.

Regrettably,I am witnessing our government squandering Billions and yes Trillions of tax dollars. If this continues, I fear there will be another Revolution in North America. I am frightened by the size and scope of the bail outs and the shockingly inappropriate way our leaders are indiscriminately wasting time and money in a haphazard mindless way. I fear they are contributing to the worst case scenario.

Why?
Executives of corporations that are asking for public funds, have for the most part mismanaged their companies and in some cases committed criminal offenses. Without exception or excuses ALL should be terminated immediately before a dollar of public monies is given to their companies. Part of Capitalism is failures and yes, bankruptcies. A committee of our best business minds could be formed to advise our government leaders in selecting replacement executives. These replacements aught to be compensated in part with government funds (possibly TARP money) and would therefore be directly responsible in part to the PEOPLE who are providing the money to bail out these public corporations who would FAIL without the Peoples tax money! The ousted executives who committed crimes should be prosecuted!

Large public corporations such as GM or Ford Motors and private companies such as Chrysler, could be broken into smaller, more manageable pieces in order that other healthier companies with capital available for growth and opportunities could and take them over, or allow parts that are total failures to go bankrupt. The government could still assist with bail out money of sorts but in various creative ways that suit each individual case. Pouring Billions of tax dollars down an endless sink hole with a hope and a prayer is ludicrous.

To date, Billions have been inappropriate spent. The fault falls squarely on the current administration and the current congress. Soon another congress and another administration will take control. Sadly, the coffers have been massively depleted. Any further disastrous errors could be the straws that break the Nations back. I fear that more of same poor actions that have NOT worked could mark the beginning of the end of America as we love it. Remember "Taxation without representation? What the hell is this? How are the American people being represented if they are taxed to death while their tax money is squandered or given to criminals?

I'd prefer to see accountability. Criminal Executives should be punished and the all executives who must now beg the government for bail outs must be dismissed. We are paying for both mistakes and criminal behavior. While corporate leaders have lined their pockets for years with mega compensation, many Americans are now suffering MAJOR financial losses...$1,500-$3,000 a year in Capital Loss Carry Forward tax relief is not going to help them. 401K's of aging Americans that now are 201K's will probably never recover in time to afford the retirement income that was planned. Ordinary Americans have lost their jobs, their homes and their health over this Crisis. Yes we are all responsible to some degree but why should weakest of us, who benefited the least suffer the most. Corruption, flagrant manipulation and degradation of our Financial system should cause more than a little red face or embarrassment to the culprits in corporate America, while ordinary taxpayers (the overwhelming majority) pay for the errors of the elite and suffer the most!

It is NOT too late to enforce fairness. The banks for example have stolen our tax dollars. Give it back or do the right thing and or go to jail.

Politically, the Republicans and the Democrats are both at fault. The politics of this mess is ownership of blame. Both parties are pointing fingers, so as to look better and score points for the next election. Are Americans that stupid that they will starve to death---literally, before they revolt? I think NOT.