No credibility in the evil Bailout Plan! throw it out!

They are threatening that we will lose our jobs and won't be able to borrow money from lenders who suffer from the credit crunch. If the threat becomes true, we will need the USD700 billion to be paid to us, NOT the devils in Wall Street! Pay the victims in the streets, NOT the devils in Wall Street.

Please give us something intelligent so that there is at least an arguable case to support the evil Bailout Plan! What is clear and certain:

• No one is panicking due to the rejection of the evil Bailout Plan except the devils in Wall Street and their friends
• No devils in Wall Street dares to come out and tell the world and Congress what they have done wrong, what exactly cause the failures of the devils in Wall Street, how much money is to be paid for swallowing the toxic debts and dirts in Wall Street, etc.
• The stock and bond markets are up till now pretty stable and encouraging. The DOW is neither worse nor better than it was a couple of months and a number of financial stocks are actually performing exceedingly well! Of course, many financial stocks are falling and rightly so.
• Apart from the financials, many stocks in other sectors are being dragged down for no fundamental reasons. When the devils in Wall Street need money and de-leveraging, they have to sell assets including stocks at whatever price they can get. Some devils in Wall Street are abusing the use of short selling to make profits by creating panic, fear and rumors. Well, do they help to explain why the DOW is so volatile? When these devils are wiped out, I am sure the markets will become normal.
• Oil price falls when there is no evil Bailout Plan but it rises once the evil Plan has any chance of being passed!
• No one from the financial sector in Wall Street dares to claim that by using public money from the government to swallow the toxic debts and dirts, the government will solve the problems of the unprecedented financial, credit and housing crises.
• No one in the Treasury or the Fed dares to such claim too.
• If the DOW really plunges further, everyone in the world will be happy to buy low. This is self-explanatory. Look at the fantastic purchases and investments in financials by JPM, BoA, Warren Buffett, the sovereign wealth funds from Middle-East, China, Singapore, and the latest Japan.

To threaten us that we will lose our jobs, the lenders will refuse to lend money to consumers, etc., will only reinforce the desperate need for the government to bailout the victims and consumers who will suffer from such crises and NOT the devils in Wall Street.

On the other hand, the risk of losing all the money paid to Wall Street to swallow the toxic debts and dirts is very obvious. They are unmarketable and unsaleable and have been so for a considerable period since the explosion of the housing bubble!

By throwing away at least USD700 billion to swallow the toxic debts and dirts of Wall Street, foreign and domestic investors will inevitably lose confidence in the financial strength of the US government and the value of the US dollar. The problems with the government deficits and the trade deficits will become so big, so big that no one can imagine how to solve them.

Once we realize the truth and the horror that the US dollar is no more than papers printed by the Fed, we can't avoid a global selloff of USD assets and investments including the bonds of the US government. When such a day comes, the whole world will be in chaos. Fortunately, so far China, Japan, Russia and other countries holding USD assets as reserves have not yet raised their open concerns and official objections to the evil Bailout Plan but God knows what each nation is thinking! If I am holding a majority of my reserves in USD assets, I won't tell anyone before I start to sell off such paper assets. I won't say so even after I have sold them all!

Wake up! We are no fools, though we may be innocent!