Sunday, September 28, 2008

Obama on the debate, McCain/Bush & the GOP caused economic crisis


Buffett to Congress: Bail out economy or face 'meltdown'

‘You can’t phone something like this in.’

McCain Calls For Bipartisan Cooperation On Financial Bailout, But Refuses To Talk With Democrats

Sanders Discusses Legacy of Bush-McCain Economic Policies

Pelosi: Rescue is not a bailout but a `buy-in'
largest government intervention in financial markets since the Great Depression

Treasury Would Emerge With Vast New Power

After reading the above article I'm really uncomfortable with this whole thing. Sounds, too, much like the Patriot Act, Iraq War, VISA, Homeland Security, every war supplemental, Patriot Act II and now this. They want us to bail them out with how much money? 600 billion to a trillion? with no strings attached? to the people who pretended to oversee this mess?

Doom and gloom or we all die economic collapse. Haven't we all heard this before. Disaster! Disaster! You must act quick! You must give us control! Trust us, we mean you no harm. Disaster! Disaster!

I don't trust them at all but even more so when they play the fear card. My faith in the Democratic leadership isn't very high either because of all the many times they have caved to the Republicans.

Top 5 Reasons to Vote Against Paulson's $700 Billion Bailout

Krugman Offers Lukewarm Support For Plan, Rips "Frightening" McCain

Home Ownership and President Bush

1 Woe to those who enact unjust statutes and who write oppressive decrees,
2 Depriving the needy of judgment and robbing my people's poor of their rights, Making widows their plunder, and orphans their prey!
3 What will you do on the day of punishment, when ruin comes from afar? To whom will you flee for help? Where will you leave your wealth
Isaiah Chapter 10

Progressives from the time of Teddy Roosevelt have always known we work best when we pitch in as a nation to solve these problems together. That way the places in our nation of large areas of poverty are able to be helped. The radical conservative scheme would only mean a lot sicker under nourished people many of whom will end up on the street.

I suppose the conservatives would just end up passing laws to outlaw the poor homeless then put them in a jail-type setting so they are no longer visible. If they are not visible they will be able to claim success. Remember the truth doesn’t matter to this current bunch of conservatives. All that matters is creating a perception of success to placate their supporters and those under their thumb.

Thom Hartmann - Profits over Humanity?

The safety net is full of holes and requires better stewardship from our nation’s leaders. I suppose the best net menders have always been Democrats. The country needs quite a few more in the Senate and executive branch (Barack Obama) to begin that mending job.

We can do much better as a society in taking care of the most vulnerable among us. It’s a sinful crime the way the conservative Republican right would have the poor, sick and disabled of this nation treated. They are in dire straights and its getting worse.
Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger
The No Votes

John McCain: He admits he ‘didn’t change Republican minds’ on the bail out

Senate passes $700B rescue; House votes lured

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