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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (12175)	10/2/2008 5:55:30 AM
From: Liberty Eagle	5 Recommendations Read Replies (3) \| Respond to of 50072

“DO NOT give up the fight”? How do you fight hubris? My congressman, Shays, pops up on the one eyed monster and proudly proclaims he has received calls and emails from us peons 30 to 1 against the legislation and yet he votes Yea! No wonder there’s a run on guns! When does the million man march begin?

To: SliderOnTheBlack who wrote (12175)	10/2/2008 8:15:18 AM
From: herenow_2	5 Recommendations Respond to of 50072

Slider, My husband has spent the past year mumbling to himself about Bush's ranch in Paraguay, usually followed by "that SOB". Paraguay. That says it all. I've never seen anyone else pick up that little fact. The problem with the current crisis is that our financial system is a black box. I don't have any idea what is true and what is not and I'm much more well informed and current than most people I know. It's all a confidence game and when confidence goes, the jig is up. A little gold, more cash, and I pray I can feed my kids when this is all over. This experience should be humbling for us all but I don't think Main Street gets it.

To: SliderOnTheBlack who wrote (12175)	10/2/2008 10:00:25 AM
From: Crimson Ghost	6 Recommendations Respond to of 50072

$700 Billion Debacle: It's Obama, Dummy! Once again it appears that in a matter of days Treasury Secretary Paulson will have the effectively unfettered authority to dole out billions to those who shouldn’t get it while doing little or nothing to aid the current credit crunch. Journalist Chris Floyd puts the Democrats’ position succinctly: Nothing -- absolutely nothing -- could be politically safer than opposing George W. Bush. And yet the entire Democratic leadership, Barack Obama included, lined up to support a cockamamie plan proposed by this scorned and shriveled figure, a plan that was transparently nothing more than an audacious raid on the Treasury by Big Money hoods and yet another authoritarian power grab by a gang of murderous, torturing, warmongering toadies. This was the plan and these were the people that the Democrats decided to fight for. (Thanks to Xymphora for the pointer.) Once again, the question: why is this happening? Why are the Democrats voting for Bush/Cheney/Paulson’s plan which will have the effect of further destabilizing the national and international economy when all their constituents (200-1, I've heard) are telling them not to bail out Wall Street? Thanks to Dennis Kucinich on Democracy Now (9/29) we have the answer: It’s Obama. It almost makes you wish Hillary won. We would have expected it from her. The only question is whether FISA was a bigger betrayal. On the bright side we’re learning something. We’re learning the depths to which Obama will go to please and reassure his corporate sponsors. Here’s the relevant exchange on Democracy Now: AMY GOODMAN: Congressman Kucinich, can you explain how it is that the Democrats are in charge, yet the Democrats back down on their demand to give bankruptcy judges authority to alter the terms of mortgages for homeowners facing foreclosure, that Democrats also failed in their attempt to steer a portion of any government profits from the package to affordable housing programs? REP. DENNIS KUCINICH: Well, I mean, those are two of the most glaring deficiencies in this bill. And I would maintain there was never any intention to—you know, well, many members of Congress had the intention of helping people who were in foreclosure. You know, this—Wall Street doesn’t want to do that. Wall Street wants to grab whatever change they can and equity that’s left in these properties. So— AMY GOODMAN: Right, but the Democrats are in charge of this. REP. DENNIS KUCINICH: Right. You know, I’ll tell you something that we were told in our caucus. We were told that our presidential candidate, when the negotiations started at the White House, said that he didn’t want this in this bill. Now, that’s what we were told. AMY GOODMAN: You were told that Barack Obama did not want this in the bill? REP. DENNIS KUCINICH: That he didn’t want the bankruptcy provisions in the bill. Now, you know, that’s what we were told. And I don’t understand why he would say that, if he did say that. And I think that there is a—the fact that we didn’t put bankruptcy provisions in, that actually we removed any hope for judges to do any loan modifications or any forbearance. There’s no moratorium on mortgage foreclosures in here. So, who’s getting—who’s really getting helped by this bill? This is a bailout, pure and simple, of Wall Street interests who have been involved in speculation. And I don’t, for the life of me, understand why this is going to do anything to address the underlying problems in the economy, which actually had to do with the recklessness. This is what the president of the Federal Reserve Bank in Dallas said, that—and, you know, I might have the actual quote here. Listen to this quote: he said, “The seizures and convulsions we’ve experienced in the debt and equity markets have been the consequences of a sustained orgy of excess and reckless behavior, not a too tight monetary policy.” This is the Dallas Federal Reserve Bank president, Richard Fisher. So, you know, we’re getting stampeded here to vote for something that doesn’t help homeowners, that doesn’t do anything about foreclosures, that doesn’t help those people who have been in bankruptcy and are looking for a way out. As a matter of fact, it made sure they can’t get out. So, who’s this for? It’s for speculators. It’s to play a game that provides some temporary help in the market, and, you know, you might see an uptick today if this passes the House. On the other hand, if it doesn’t, we need to be ready to find a way for Wall Street to address its problems without having to tap the increasingly diminishing resources of the federal taxpayers.

To: SliderOnTheBlack who wrote (12175)	10/2/2008 10:31:02 AM
From: Proud Deplorable	1 Recommendation Respond to of 50072

youtube.com

To: SliderOnTheBlack who wrote (12175)	10/2/2008 11:24:46 AM
From: wildandwonderful	8 Recommendations Read Replies (1) \| Respond to of 50072

<<Why do you think Bush bought a ranch the size of Texas in Paraguay, and Cheney an exile retreat in Dubai?>> Talking about Paraguay , South America is where the Nazi's and other criminals after World War II took shelter.

To: SliderOnTheBlack who wrote (12175)	10/2/2008 5:00:55 PM
From: colburg	5 Recommendations Respond to of 50072

My letter to my congressman or woman. I will fax it on my way home from work. Anyone is free to copy this, or to advise me of changes that need to be made. Slider, hope you don't mind that I borrowed some quotes. Mr. Congressman, I am writing to tell you that I do not support the $700 billion bailout. No matter what bill it is attached to, it is not worth the cost. It will not fix the underlying problem. The only way to fix the mortgage mess is to allow housing prices to correct themselves by tightening credit, increasing interest rates and enforcing the lending laws of previous decades. The banks must learn a lesson. If the mortgage backed securities and collateral debt obligations that Paulson will buy were profitable, Banks would not sell them. Also, there is no statement in this bill limiting Paulson to buying packages from American banks. He will have the power to buy them from any bank in the world. Why do you think he wants immunity from prosecution? The real culprit for this mess is Alan Greenspan. He artificially lowered interest rates and allowed predatory lending by banks. There are $4 Trillion Tax Payer Dollars missing and unaccounted for according to the GAO . And the books of the New York Fed (the depository for the US Government) remain unaudited, as does the US gold supply. In the long run, allowing the Fed and banks to struggle, or go under will be beneficial to all Americans not directly involved. The US Financial System will survive just fine, but the Private Bank of the Wall Street Insiders & The Military Industrial Defense Complex will not. Sincerely,