This robbery is the direct result of the rich owning puppet politicians, we aught to hang the whole stinking crowd for treason.
This is the last desperate act of the rich robbing the poor and middle class. They want Class Warfare, their about to see it in the Tune of the French Revolution times One Hundred Million! I say OFF with all these corrupt thieving bastards' Heads. Let them know the true wrath of the majority of citizens who's lives are being utterly destroyed by the wholesale robbery of the Treasury and the massive devaluation of the Dollar that goes with this Bailout. Be ready to start bartering because your money will be worthless after this Bailout. President George W. Bush owns this Major Depression and shall go down in History as the worst most corrupt elitist puppet President in U.S. History along with his De-Regulating Clone John McCain who's talk doesn't even begin to agree with his voting record. (Don't be fooled he is still one of the corrupt Keating 5 and will stab all common citizens in the back just like G.W. Bush did, if he is elected - his wife is worth 100 million dollars he is so out of touch he can't begin to understand the common man's plight). Follow the money on these Bailouts, Who's Receiving more than what the FDIC gaurantees to the common citizen. (maximum of $100,000 return) for any investment of $100,000 or greater. That means if they had invested more than $100,000 the maximum they could get back from the bailout would be $100,000 no matter what! We don't owe them anything! At least we should set limits! Why should we make retro-active an insurance policy to bad, incompetent, and corrupt management and on top of that allow the perpetrators to walk away scott-free? This only helps rich political insider elites at the expense of the common taxpaying citizens, why in the world should we agree to this outright illegal robbery our taxes were never meant to protect greedy rich investors but only to run our country and Congress has no right to spend it for other purposes. The Boston Tea Party was a direct result of taxation without representation! This Bailout is a Taxation without common taxpaying citizen representation! We are the Majority! If we allow Congress to commit this robbery we are just as accountable for the destruction of the United States as they are! Demand no Bailout without a FDIC type of max Limit, we own no-rich investor a greater benefit than we are alloted by their banks, anything more than that is a misuse of Taxpayer funds and We must not allow it. If we do, we are Idiots and deserve what we get for these wasted tax dollars! Email and / or call your US Senators and US Congress person and demand they limit Investor benefits to less then what the FDIC provides! Its your money their giving to the bad investing rich. Demand limits. Please Contact your U.S. Senators and U.S. House Representative Today, definately before Wednesday the 24th. CONTACT INFORMATION for U.S. SENATE & HOUSE http://www.alipac.us/ftopic-63874-0-days0-orderasc-.html Email Congressional Staff members to make your voice heard http://www.outsourcecongress.org/outsource/congress/schstaffers.html On Sep 22, 4:00 am, "mike532 [ Republicans for Obama ]" <[EMAIL PROTECTED]> wrote: > Democrats Set Bailout Conditions as Treasury Chief Rallies > Supporthttp://www.nytimes.com/2008/09/22/business/22paulson.html?_r=1&th&emc... > »WASHINGTON — Congressional Democrats began to set their own terms on > Sunday for a plan to rescue the nation’s financial institutions, > including greater legislative oversight of the Treasury Department, > more direct assistance for homeowners and limits on the pay of top > executives whose firms seek help. > > The Democrats’ demands came as Treasury Secretary Henry M. Paulson Jr. > blanketed the Sunday talk shows to promote the Bush administration’s > $700 billion bailout package, emphasizing that it was needed not just > for Wall Street, but for all Americans. He urged Congress to move > swiftly to approve a “clean” rescue plan without tacking on extra > programs. > > “I hate the fact that we have to do it, but it’s better than the > alternative,” Mr. Paulson said on “Fox News Sunday.” > > The Bush administration proposal could be the largest government > bailout of private industry in the nation’s history, and it calls for > nearly unfettered powers to the Treasury secretary. There is intense > pressure to pass a rescue measure quickly because the markets remain > jittery. > > Still, competing interests were already complicating the negotiations, > as Democrats pushed for assistance for distressed homeowners and for > oversight authority of the bailout program. Some lawmakers also said > they did not want to be rushed into approving extraordinary new powers > for the Treasury secretary and the government without full > consideration of the consequences. > > Both presidential nominees, who face the prospect of inheriting an > enormous new program, said there had to be more oversight of the > Treasury Department than the Bush administration had proposed. > > Financial companies were already lobbying to broaden the plan. And the > Bush administration did indeed widen the scope by allowing the > government to buy out assets other than mortgage-related securities as > well as making foreign companies eligible for government assistance. > > Banks and traders also braced themselves for another tumultuous week > in the markets. But early signs indicate that investors in Asia were > reacting positively to the developments in Washington. Shares in Asia > jumped in early trading on Monday morning, as investors took their > cues from a rally on Wall Street on Friday. The Nikkei 225 index > climbed 2 percent in early trading in Tokyo, and the Kospi index rose > 3 percent in Seoul, South Korea. > > The Standard & Poor’s/Australia Stock Exchange 200 index increased 3.6 > percent after markets there opened a half-hour late. The opening was > delayed to allow time for further details to be issued regarding a > monthlong ban imposed by Australian regulators on all short selling of > shares traded on the exchange. > > Meanwhile, top Democrats and Republicans on Capitol Hill said on > Sunday that they would act swiftly on the administration’s request, > but not without setting their own conditions. > > “Congress will respond to the financial markets crisis by taking > action this week in a bipartisan manner that will protect the > taxpayers’ interests,” House Speaker Nancy Pelosi said. She added that > the administration’s proposal did “not include the necessary > safeguards. Democrats believe a responsible solution should include > independent oversight, protections for homeowners and constraints on > excessive executive compensation.” > > “We will not simply hand over a $700 billion blank check to Wall > Street and hope for a better outcome,” she said. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
