Ntionalizing the banks, Anarcissie is different from corporatizing the govenrement, the opposite in fact.  It is a question of who is to be master, what communists call “Who Whom.”  Who is in control.  The state capitalism of the Chinese, and even the Europeans, is more efficient than unregulated corporatism.

but you are probably right, corporate rule is most likely what we will get.

NATIONALIZE THE BANKS!  TORTURE THE BANKERS, THEN HANG THEM!  Conceivable these threats don’t do much good, but they make me feel better.

Folktruther: ‘That’s just it, Anarcissie, This bailout is the first in a series of ripoffs that is turning hte US into a third world country.  All done in the same way, hurry up and pass legislation before anyone reads it and discovers its implications.

NATIONALIZE THE BANKS!  HANG THE BANKERS! ...’

Actually, I think they are going to nationalize the banks, so to speak, or rather, corporatize the government.  Paulson was quite annoyed when the $700B he had ordered up wasn’t delivered immediately and fumed about the inefficiencies of the political process, that is, what passes for democracy in the United States.  No doubt this will be fixed in the future by handing a book of blank checks over to our lords and masters.

I don’t know why people put up with this, but they do.

That’s just it, Anarcissie, This bailout is the first in a series of ripoffs that is turning hte US into a third world country.  All done in the same way, hurry up and pass legislation before anyone reads it and discovers its implications.

      NATIONALIZE THE BANKS!  HANG THE BANKERS!

Alright, I am willing to compromise.  Don’t hang the bankers.

Face it, the Democratic leadership are not Democrats. True Democrats still exist but they are nearly always ignored by these corporate lackeys, including their Presidential ticket. Consider Joseph Biden. His great contribution to this current economic mess was his MBNA sponsorship of “bankruptcy reform”. An odious designation for a law that makes citizens even more beholden to corporate. Put that up along side his war on drugs legislation, his pro Zionist “expert” foreign policy credentials, and no one has the nerve to ask why Biden is considered liberal.
This economic nine eleven (John McCain’s designation not mine) provides a convenient smoke screen for all the other robberies and frauds. The Democratic Leadership chooses to ignore the philosophical vision that defines what a Democrat is suppose to be, and instead chooses to whip the mule team and drive the wagon further into right wing, Republican mud.

There is no way a Republican is going to be elected in New York’s 14th Congressional District.  I did write to my Congresswoman, however, and told her why the Bailout is evil.  Who knows?  Anyway, I don’t think it’s going to make a lot of difference.  The U.S. government has already manufactured many hundreds of billions of dollars of funny money and it’s going to take a while for them to realize that the solution to problems caused by funny money is not more funny money.

You’re proably again right, Anarcissie.  What is astonishing is that the Dem leaders are going to the RIGHT in their next attaempt, to gain votes of the Gops, while counting on the servility of the Dems.  They are giving more tax breaks to business owners.

They are triangulating, using Gop votes to pass Dem leader legislation, as Clinton did to gut welfare, the unions, and pass Nafta.  There is obviously no end to it.

Stan Goff, who has gone to the right the past few years, suggests voting for the Gop or Dem opposition of incombants who vote for this ripoff.

I doubt if their resolve will last, unfortunately.  There was apparently mass public anger and revulsion at Paulson’s bailout proposal and I think the Republicans have less of a feeling of being entitled to high office than establishment Democrats, especially this year, so they are a bit more sensitive to the feelings of the voters. 

A better-decorated fix will now be put in, I imagine.

It turns out you were right, Anarcissie, it was the Gops that rejected it.  so far.

I’m rather impressed that Congress got up on its hind legs and showed its teeth for once.  No thanks to its leadership.

Monday’s defeat of the “rescue package” is remarkable in that the leadership of the “two” parties could not control their members from voting for themselves. As Marcy Kaptur so aptly put it, in Congress, the only oracle is the Constitution.
A very important event. Congress refused to do what they were told to do.

As the late Fela Kuti said: “I must look and laugh.” The bailout goes down to defeat in the house, and now the leaders of the sausage factory have to “regroup” to figure out some way to get this dog to hunt. The craven Republican leadership, unable to convince their own party’s brethren to go along with this financial obscenity, now choose to throw blame on the House Speaker for her partisan speech. What a crock of nothing. Here was a $700 billion giveaway that 70% of the people are opposed to and these bastards claim they are doing the work of the people. As Dennis Kucinich observed, stating his objections to this legislation, that this all about helping Wall Street at the expense of everyone else. And what was also remarkable, was that a quite a few conservative Republicans noticed the same thing.

i agree, Anarcissie, the Dems have been utterly shameless.  Pelosi throwing herself in the front of the pack leading the bailout sellouts is a new low is a sequence of lows.  A display of utter contempt for the American people.  And right before a primary election as well as a general election.

Seeing that the rich have their wants met is very American.

Folktruther:
Do you think, Anarcissie, that the Gops are really against the bill, or just making noises before they vote for it.  Gingrich said that if he were still in the House, he would vote for it.  Of course it is true that they don’t gleefully support Bush like the Dems do.

The only big-ticket politicians I have observed to be in overt opposition to the bailout swindle have been Republicans.  Maybe they are faking, but they are at least giving us some respect by making the right noises before they roll over.

There are plenty of Democrats, liberals, leftists, etc. in vigorous opposition but apparently they have, once again, been sold out lock, stock and barrel by their smirking leadership.  I shouldn’t be, but I am amazed yet again by the cynicism and impudence of this performance.

“Faced by failure of credit they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored confidence. They know only the rules of a generation of self seekers. They have no vision, and when there is no vision the people perish.”
Franklin Delano Roosevelt, March 4, 1933

http://www.streetalker.com/

For Newt to come out opposed to this welfare plan for Wall Street shows how much of a scheming, conniving, no good SOB Newt is.

He’s only barking to help his fellow Republicans do well come November.

He was in the House when the laws were changed to benefit commodity speculators and Wall Street banks, but now he’s singing a different tune.

Don’t wake up America.

Keep watching FUX SPEWS channel and “Dancing with the Stars.”

And we’ll get danced into our own financial grave.

My grandmother would say we keep throwing bad money after bad money.

Oh wait! It doesn’t really count, because it’s not REAL money we the people are sending to wall street. We put it on our credit card! You know, the one with no limit and a 29% interest rate.

Remember the 1929 crash. It was caused by private investors and companies who bought stock ON CREDIT!
They leveraged their homes, properties, and future assets to try and make fast money on the market.
Is that not exactly what we are doing right now by extending our already huge goddamn national debt on some stock sceme?

And now this morning Citigroup is buying up the faultering Wakovia. When this is all said and done there will be only a few banks left, and they will have the federal reserve and the treasury dept by the balls. The new mantra of the banking industry is a simple one, “you have to save us, or we’ll take you down with us!”

Overnight, on BBC world radio, I heard investor Jim Rodgers calling in from Asia. A man who tried to warn this country that Bernanke and Paulson were incompetent, but no one listened then, and no one is listening now. Anyway, Rodgers said last night that the $700 billion bailout, uh rescue package, is like putting a band-aide on a cancerous wound. He predicted that within 2 years, the entire shit house will come down.

http://www.alternet.org/workplace/100700/

The eye of Newt can an opportunistic bastard, as long as anyone actually takes him seriously. The gravy train known as Cobb County Georgia, is the greatest recipient of federal aid. So the eye of Newt, who represented that district, knows something about the American way of sucking up the butter.
Putting this idiot aside, when it comes to the bailout, that is now being called the rescue package, take a look on page 45-13 (B) DEBATE:
“Debate on the joint resolution, and or all debatable motions and appeals in connection therewith, shall be limited to not more than 10 hours, which shall be divided equally between the majority and minority leaders or their designess. A motion further to limit debate is in order and not debatable.”
Such language reveals the obvious: this bloody ugly sausage is about to be rammed through.

Dollars on the burning dollar…

“Gingrich: Bailout Plan ‘Un-American’”

I find it really hard to swallow that Gingrich, one of the most un-American creatures that ever darkened the halls of Congress has the putz to call ANYTHING un-American!

Geez! What does it take to make these vile, old, Constitution shredding, bile spewing slugs GO AWAY?

Yuk and double yuk!
Somebody poor salt on him!

Anarcissie, do you really believe that?

Do you think, Anarcissie, that the Gops are really against the bill, or just making noises before they vote for it.  Gingrich said that if he were still in the House, he would vote for it.  Of course it is true that they don’t gleefully support Bush like the Dems do.

Apparently only Republicans are capable of resisting the bailout swindle.