it remains deeply flawed.........-Senator Russ Feingold, October 1, 2008

[a kennedy]

e-mail I received from Trevor Miller
Progressive Patriots Fund


"I will oppose the Wall Street bailout plan because though well intentioned, and certainly much improved over the administration’s original proposal, it remains deeply flawed. It fails to offset the cost of the plan, leaving taxpayers to bear the burden of serious lapses of judgment by private financial institutions, their regulators, and the enablers in Washington who paved the way for this catastrophe by removing the safeguards that had protected consumers and the economy since the great depression. The bailout legislation also fails to reform the flawed regulatory structure that permitted this crisis to arise in the first place. And it doesn’t do enough to address the root cause of the credit market collapse, namely the housing crisis. Taxpayers deserve a plan that puts their concerns ahead of those who got us into this mess."

-Senator Russ Feingold, October 1, 2008

:patriot:

[annabanana]

1. I am glad to see he opposed it, as did Kucinich.

I was sorry to see Obama on board. I do believe he will get to the root of the problem when he gets in power. The Congress is vital.

[BridgeTheGap]

2. Thank you Senator Feingold - standing up for the truth - AGAIN!!! n.t

[RUMMYisFROSTED]

3. Feingold and Sanders.

The only two Senators that I completely trust, get it right again.

[katty]

8. yes, my heroes-and it doesn't look like the house w/pass this

talk about lipstick on a pig with the current 'dressed up' bill 'with more pork'

[Greybnk48]

4. K&R for Russ. Someone we can take guidance from with confidence. n/t

[slipslidingaway]

5. Thanks Senator Feingold n/t

[Gregorian]

6. Aha. Someone's talking about regulation.

I'm the last to hear about it, but now I see that McCain's guy, Gramm, wrote the bill that eliminated that regulation in the first place.

Without the regulation we're right back in the same boat with greedy speculators.

[katty]

7. thank you Russ

[judasdisney]

9. Feingold kicks Biden's ass.

Biden oughta be ashamed of himself.