bail-out = fail-out
i think that we have reached a real make or break point in the USA. what happens with our economy in this hour will determine the direction and fate the next few years. i wrote my congressman today to urge him to not vote in favor of the bush-paulson plan and to think about his constituents in front of the investors. we are dawning on scary times (politically, anyways) and need a push now to show that we know what ‘they’ are trying to do. let our voices be heard as this economic predicament becomes a catalyst for the awakening of the american public.
the senate has just passed a new version of the bill that adds some insurance incentives, but it still takes the tax payer to the cleaners. this friday the house will vote, email your rep by entering zip code on this page. the congressional server went down a few days ago after a huge, unprecedented surge of emails around this issue… so things are happening. if you enter your zip and then select an issue, you will be heard. anything is better than nothing in this case.
if we bail-out wall street, economy fails, if we don’t, economy still fails, but at least we will keep the scum who greedly brought the system down accountable in their pocketbooks. i say let the whole thing burn, but burn the shady fuckers along with it all…. lets build the system better next time. kucinich for president, or at least obama…
oneshowatatime are discussing. 
oneshowatatime 6:50 pm on October 2, 2008 Permalink
i definitely haven’t heard a single solid reason why we need to rush this fucking masterplan bailout vote, and this video certainly helps explain why. what a crock of shit they’re trying to feed the american taxpayers! thanks phil…
tallbridge 4:42 pm on October 3, 2008 Permalink
start teaching english in korea or china….it’ll be tight
tallbridge 4:42 pm on October 3, 2008 Permalink
Via: Baltimore Sun:
The Senate voted reluctantly but solidly in favor of a modified $700 billion Wall Street rescue plan last night, but it remained uncertain whether the legislation – even with a carefully designed package of tax breaks – would withstand the fierce crosswinds of liberal and conservative resistance in the House later this week.
The measure passed the Senate 74-25, with a majority of Democrats and Republicans voting in favor – among them presidential nominees Barack Obama and John McCain. The centerpiece of the legislation gives the government the authority to buy up billions of dollars of the toxic assets, primarily mortgage-backed securities, that have poisoned financial markets and threaten to contaminate the rest of the economy.
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The tax breaks and accounting rule changes for Hollywood were seen as aimed at two Southern California Democrats – Reps. Adam Schiff and Brad Sherman – who voted against the plan. Sherman, who led the defection of a group of Democratic skeptics, insisted he would not be enticed to vote for the rescue plan.
“The one thing that’s been proven is the absolute fear-mongering that’s being used to drive us is false,” Sherman said. “I’ve seen members turn to each other and say if we don’t pass this bill, we’re going to have martial law in the United States.”
perpetuallyphil 9:00 pm on October 3, 2008 Permalink
i hate how they just add more stuff on to make a bad plan more palatable to the members of congress. they don’t investigate new ideas, but just add incentives that are hard as crack to pass up.
i wish that obama had made a stand on this but it seems that the time of politicians is on the way out….
the american people have lost faith in government. many are waking to this notion on a large scale. i think we are finally gonna inspire change from within. the time is now. peace.