BRING IN FEDERAL INVESTIGATORS

This SENATE and HOUSE has my full faith and trust. Do what is right Today for the American people !!

Many on both sides of the isle in Congress want further hearings and un-biasted expert testimony from those that do NOT have a VESTED INTEREST in this issue.

Former FDIC Chairman Bill Isaacs, " This administration has not our trust without verification."

Rep Marcy Kaptor (D) from Ohio, "I talked to my bankers back home and they said: You should have one or more alternatives to consider..."

Representative Michelle Bachman, (R) from Minnesota and former Federal Tax Lawyer, "We don't need to put the tax payer on the hook for $700 billion."

CNN ALI VESHI: "The rates at which banks have to borrow money from each other on an overnight basis is now the highest its ever been. There is a Credit Freeze" ANDERSON COOPER: "So already we are seeing major Business not able to borrow money? ALI VELSHI: "Right now it's JUST the banks"

There is a very good reason for the high Interest Rates these banks are requiring in order to give each other loans. They know themselves to be BAD risks. They know they don't deserve the credit and want to dupe the American Public into bailing them out. If $700 billion will oil the wheels, then extend it directly to businesses and citizens that quilify. But ladies and gentlelmen of Congress, you would have to have to wrest that business away form the banks, because they will NOT give up their best source of income.

Will interest rates go up and Credit be more difficult to get? YES, it has to be. The easy loans given by these banks without doing proper cualification of buyers is to blame for this situation. So what.. Interest rates in the 1980's were 13% for home loans and the economy did Not fail and Americans continued to live and work. What use are low interest rate loans if the money you invest in your mortgage is then LOST, because you cannot afford the loan. We all know that slow-downs are part of the process.

Today the American people are NOT concerned with receiving further promises of increases in existing programs, but ARE instead interested in the assurance that the programs that do exist to protect them and have NOT been undermined and will continue to have the funds available to protect those savings and investments that have been assured protections, and that these moneys meant to protect and insure the public good, are not misspent and embezled through the mis-direction of fund by public officials, such as Treasury Secretary Paulson and Fed Chair Ben Bernanke.

Treasury Secretary Paulson in October 2007 said, "this is happenning against the backdrop of an economy that in other respects is very solid." He must live in la la land.

I vote NO CONFIDENCE in Mr. Paulson's ability to determine or even recognize the needs or financial situation of this market.

"Goldman will sell $5 billion of preferred stock to the insurance and investment giant, which will also receive warrants to purchase $5 billion of common stock with a strike price of $115 per share, the company said. Berkshire has five years to exercise the warrants. Buffett will be paid a 10% dividend on his shares." -("Buffett's Berkshire invests $5B in Goldman", By Tami Luhby, CNNMoney.com senior writer.Last Updated: September 24, 2008: 12:53 PM ET). So Warren Buffet demanded preferred stocks AND warrants AND to be paid 10% dividend in order to go through with this deal and inject enough confidence in Golman Sachs for to increase its common stock offering.

I call on CONGRESS to immediately procede to call in FEDERAL INVESTIGATORS to investigate Treasury Secretary Paulson and his activities on this issue. The Public Trust most be protected. No man can be allowed to embezzle both our FInancial Future and the confidence of our Citizens in its elected Government.

Restore the full faith and Trust of the American Electorate in it's Financial systems and Federal Protections, move in to fully investigate the Financial sector, so that transparency and accountability is restored and the true state of our problems are determined and analyzed by independent unbiased investigators and other Federal agencies.

Members of the US SENTATE and HOUSE, I urge you, and the citizens of this nation urge you, do not hand any money to this Treasury Secretary and the administration that selected him and which has already shown to hold Congress and the people of this Nation in Contempt. The Financial Institutions failed to carry out the promises they gave this Congress, that they could be trusted to regulate themselves! Today we cannot trust them to tell us the true state of their books nor of the economy. Today we cannot and must not extend them our trust and financial security again by handing them the funds meant to protect the "savings of the average Americans, the capital of small-businessmen, and the investments set aside for old age. (President Franklin D. Roosvelt's Speech to the Democratic National Convention June 27,1936)