'Loss of American Principles'

Star Parker:

"...What's bothering me today, and what I think should bother you, is not only don't we understand exactly what these guys are doing as they play with our economic engine, but few are asking what authority they have to be playing around in there in the first place.

Talking about Secretary of the Treasury Henry Paulson, the Wall Street Journal reports "Today he finds himself in a position of power unmatched by his predecessors. He decides whether Wall Street firms live or die, picking winners and losers with the power of the federal purse."

Somehow the idea of our Treasury Secretary sitting like a Roman emperor, giving a thumbs up or down whether firm A or firm B will live or die, just doesn't wash with the basic principles of how I believe this country is supposed to work.

The "power of the federal purse" is a nice abstract way of saying there is open season on citizens and taxpayers. We are the federal purse.

Somehow we have gotten to the point where we citizens have been written out of the equation of our own country and Constitution. Paulson can decide to commit billions of our money -- you know, what we work for every day, save, and assume we own -- to play lifeguard and we don't even get a courtesy call asking if its okay.

So I ask, is this the disease pretending to be the cure?..."

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