Sober Opposition to Financial "Rescue" Plan

[LeftHander]

We need to take a deep breath.

One thing we know this administration is good at and that is taking advantage of fear.

When all looks dark the Republicans rush in with smiling warm faces, pretending to be exactly what the country needs. All while hiding a big knife that eviscerates the very core of our great nation.

911 caught everyone by surprise, except for the Republicans who had a plan already written up to gut the Constitution and plans to invade Iraq. things that had nothing to do with planes crashing into buildings.

Now as our markets and every sector of our economy has been pillaged by regulation hacking, "have-mores" the Bush recognized political base, we are again being lead to slaughter.


It is our purpose as free Americans to force this government to stop, slowdown and smell the coffee for a change. Smell it.

It stinks!

The machinations that financiers have gone through continue and one thing the rich are good at is taking advantage of any market condition to make money by using vast sums to manipulate our federal government and markets.

They expect America to eat their shit without question. But we are going to question it.

We are going to have to ask the question: "Who is really going to pay for this trillion dollar handout to bad and corrupt financial leaders?"

Bailout the bad banks and make Bush tax cuts permanent will 100% guarantee the creation of a new "dark age" of feudalism.

The simple fact is America is broken now and we are broke.

This nation cannot afford anymore bailouts. We cannot afford anymore wars or investment vehicles designed to make the rich richer and leave the poor to rot.

If we are to spend money that we don't have then it is time to let the rotten wealth fester...and use the money we have and to build America again.

If we do this bailout, America will never recover and achieve the dream of a free Nation of the people for the people.

America is not about maintaining the mansions and wealth of the sickly rich. It is about schools, healthcare, jobs, innovation and leadership.

We don't need miles of McMansions. We don't need massively complex financial markets. We need to slow down, stop and think about the future of the people. Not the future of a bank or the money that defines it.

Let the bad fail. Let the McMansions rot on the edges of our cities. If we lose jobs...then lets use the money to create new ones by investing in our own people not in a handful of people who are at risk to lose billions.

We need to stop this.

[NC_Nurse]

1. Agreed. K&R

This is just another device to keep the redistribution of wealth to the top 1% going.
Repubs love to say that Dems want to redistribute wealth, when they've actually been DOING
it for years!

[Loge23]

2. We're on life support

It should be known by all that this week's financial crisis is far from over.
The Fed acted in a unprecedented emergency bailout to restore some measure of liquidity to the markets.
Without this action this week, we would now be re-living 1932. Many businesses would be insolvent, mass layoffs would occur, the dollar would be rendered worthless, stores would empty, gas would dry up, and there would be panic in the streets. That's how close we came.
The patient may be life support, but the patient is still deathly ill. If this action doesn't take, we can face the above scenario in the days or weeks to come.
It is interesting to note that no one in DC is talking about the still unresolved cost of the Iraq fiasco which has been almost totally financed by the Chinese. Estimated at anywhere from a half to one trillion dollars, this cost has not been included in the budget, therefore not tallied as part of the current deficit.
Iraq, as we all know, has been a catastrophe for our country. It may prove to be the final straw for our country as well.

[MissWaverly]

3. This has all the earmarks of Bush special brand of leadership

you know the one that brought us fiasco, rush to do a massive action that is a real game changer, demand everyone agree and march lockstep along with him, scare us into acting faster and do it w/o the buy-in or agreement of most of the country, 2/3 of which despise him and don't trust him, oh, and reward cronies and ask for no accountability,
in fact, reward the evil doers.

[femrap]

4. WASF

We Are So F*cked. Many willfully ignorant Americans don't even know they're getting screwed...it's just pathetic.

We are going to give these financial a-holes $700 billion for Meaningless Paper...derivatives. There are no assets behind this bailout.

WASF.

Next comes the October Surprise.

WASF.

[LeftHander]

5. like having a homeless person offer to buy your Galvaston Beach house.

....being 9 trillion in debt....I'm just sayin...

[dgibby]

6. Believe it!

I smell the stench of martial law, followed by cancellation of elections, suspension of congress. Welcome to the Dictatorship of Amerikka.:grr: Bush and Cheney aren't going anywhere, imo!

[femrap]

12. This nightmare could last longer than

I can stand. October could be a horrid month.

Take care.

[Tierra_y_Libertad]

7. It's a bailout for the banks and the politicians who can pretend their doing something.

"Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen."

Woody Guthrie

[Sam Ervin jret]

8. This is the October Surprise, with a twist.

[Wiley50]

9. I think this Bailout is the Mirror Image of the New Deal

Think about it. We are basically in the same mess as we were in 1931. And for much the same reasons: Corporate Greed.

So we are about to elect Obama who has the potential to be our generations FDR.
and if there's anything we need right now it's another New Deal

But this time the crooks turned the tables on us pre-emptively
They come up with this bailout to:

This time instead of bailing out the people with WPA and other public works programs
and restructuring and regulations to prevent the abuses again
If we do this bailout there will be no money left for Obama's promises.
No Money for Green Jobs and the like

This time we spend even more money BAILING OUT THE CROOKS!

and putting us in hock to them for generations

They are heading our New New Deal off at the pass

I SMELL A BIG OLD STINKY RAT!

[Kazak]

10. I've rarely rec'd as enthusiastcally!!

:thumbsup:

[wildbilln864]

11. somehow this reminds me of Mr. Suskind's book..

a quote:
"The aide said that guys like me were ''in what we call the reality-based community,'' which he defined as people who ''believe that solutions emerge from your judicious study of discernible reality.'' I nodded and murmured something about enlightenment principles and empiricism. He cut me off. ''That's not the way the world really works anymore,'' he continued. ''We're an empire now, and when we act, we create our own reality. And while you're studying that reality -- judiciously, as you will -- we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors . . . and you, all of you, will be left to just study what we do.'' "