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Now, we wait. Sigh.

I think their honesty is refreshing. They've laid off anyone who knows anything and really don't know what's going on. This is a very serious and complicated bill and they are telling us that we shouldn't turn to the media for answers. I better turn on CNN.

What happens now?

I stop getting the newspaper and I call Oberstar every morning telling him not to vote for it (because he did).

Please call Oberstar in the morning, at your lunch break, and again in the evening. I'm disappointed he voted for this crime. And if you're laid off, you've been givin plunty of time to call him all thoughout the day!

Check this out: (from 1999)

Fannie Mae Eases Credit Restrictions

"In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders."

"''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''"

Well, I see that the "blame the darkies" meme has finally arrived.

It's bullshit, of course:


I understand that they are starting to blame gay people now too:


I think characterizing the bailout as a "crime" is a bit ambitious. Try "policy that I have some reservations about" on for size. You may like it.

I'm not thrilled at the idea of rescuing the idiots who got rich while perpetrating this fiasco, but I'm increasingly persuaded that the potential consequences of doing nothing are Not Good for the rest of us.

Calling the dudes who recently rolled you for trillions of dollars "idiots" is a bit ambitious. Try dollar devaluation on for size. You may like it.

I'm increasingly persuaded you have no capacity to detect when your arm is being twisted behind your back. Maybe when it breaks?

Oh, and three cheers for the Washington Consensus. Chileans, South Africans, Russians, Milton Friedman's ghost and the Polish will just a happy few among those who shall be quite delighted to watch the 'structural adjustment' brand finally brought to Fatherland.

Ameros don't grow on trees.
They require the blood of fools. So, yeah, weed your opinion beds and SPEAK BOLDLY.

Time to hunt and gather, fools. Where's Dorothea Lange when you need her? This is good stuff.

I'm sorry, whats the problem with socialism?? Really now...Nice, scandahoovian democratic socialism ... perhaps even a figurehead monarch...really....I say a 17% national consumption tax, universal health care and state sponsored higher ed for community service...Tell me the problems with that...It's nice to see the gods of greed grovel...it's a shame that we donr make them spit shine our boots while they're bottom feeding

Be careful with "democratic socialism". Dr. King whispered that phrase to friends in the late sixties.

Had a dream. Had one.

so let me get this straight. the people who've been ripping off the american working people for years (and then, i guess, rolling around in it naked in their multi-million dollar second mansions) and then lending our money back to us are now threatening to ruin us all if we don't give them our money *again*?

hm. i don't think so.

i'm going out to mushroom hunt today, and perhaps make a lovely and delicate shaggy mane soup.

there you go, now we're talking. democratic soup.

universal health care? please. this is beyond democratic socialism. apples to apples.

each one of us should be allotted an out-of-work ex-millionaire financial manager we can keep in our respective basements.

"MARKOWITZ! Find a way for me to pay off my cell phone bill! No? No gruel for you!!"

Wow, does that sting. I'm going to go slit my wrists now, thanks.

also... i've seen the connection made about health care--if one of the leading causes of bankruptcy is catastrophic medical bills, and thus leading to people losing their homes... then there is yet another clear call for universal health care to solve this bullshit once and for all.

i can dream, right?

so no, it isn't because "minorities" got money/homes they didn't deserve... it's because it was a set-up from the get-go. there are a hell of a lot of us who are one bad luck turn from spiralling debt.

also... on that bit about the "gays" being at fault... that crazyperson who went on about cross-dressing teens made me laugh. here i thought it was actual queer kids going in drag to the homecoming dance. instead, it's the typical pep-rally stuff they've been doing since at LEAST the 1920s. funny how the townsfolk didn't get all wack-job on the kids at Denfeld for doing the same way back when.

Perhaps the connection to be made about health care is the fact that we have to have insurance to cover the bloated costs of the said health care in the first place. Giving everyone free health care isn't going to do shit until the entire health care system is overhauled which will never happen here. You can dream, sure.

the laws of economics: No government decree can make your broken toaster worth more than a broken toaster is worth.

Make the bastards pay for their mistakes. All the bastards, greedy homeowners, greedy bankers, greedy securities traders.

Row, you filthy slaves, so your masters can get to the other bank before the boat sinks.

A while back, This American Life did a great show on the greasy mortgage business. Found it:


Right now America is as addicted to empire as any inner-city crackhead to
cocaine. We support the world’s most bloated military, with troops and
bases in more than a hundred countries, in order to enforce a global
economic order that allows the 5% of the world’s people who live in the
United States to use roughly a third of the world’s resources. At the
same time, empires are costly pets, and ours – like every other empire in
history – is becoming an economic burden our nation can no longer
support; at the same time, the drastic decrease in US living standards that
would follow the end of American empire is a political time bomb nobody
wants to touch. Caught in that dilemma, the United States seems determined
to follow the usual course of past empires, allowing its imperial
commitments to drag it down.

A depression, however, would force the issue. In the midst of economic
collapse, the United States would be no more able to maintain a global
military presence than Russia was after its own collapse. The troops would
have to come home – not just from Iraq and Afghanistan, but from the
whole far-flung web of US military bases – and resources now being
drained by the incubus of empire would be available for more constructive
tasks, such as preparing for the onset of peak oil.


Where are the free ponies in Mr. Pollack's Socialist Action screed. The working man's children need free ponies! And ice cream! Won't someone think of the children!?

The populist stock market is a myth. 10% of Americans own 90% of stock wealth, so they have to find another gun to hold to people's heads. "Buy our bad debt or Main St gets it!" This is shock doctrine, disaster capitalism crap and many people have seen through it. Wall St couldn't privatize Social Security so they socialized Wall St. Brilliant!http://www.counterpunch.org/ Scroll down on the above link.

etruth: way to cite your sources, lummox.

adam, that's the funniest thing i've seen all day. people are so smart.

This whole mess was brought on by greed and bad calls throughout the last hundred years. The privatization of the central bank with the federal reserve act in 1913 is one of the main reasons we are in the place we are today. Keeping the economy dependent on the sways and swings of a bunch of people who are only in it to make money just doesn't make sense. They aren't going to think with your best interests in mind, only their own. They sit back and get rich of the backs of the middle class American who is already struggling because of the high costs of health care/lack thereof, rising gas prices, stagnating wages, fighting two wars, etc... We have seen this go on for far too long, and I for one was disappointed when I read that the second push by the senate actually went through. That pork-laden bill was just sweet enough for those cannibalistic oinkers. I would have to agree that things have to change, and letting them just go down the tubes and starting out fresh might be a way to do it (nice cite btw, etruth) but it may be something that we aren't able to pull through, sadly enough. There are huge pockets of money in the banksters pockets and they have the connections to be able to influence large masses of people. Take G.W. Bush for example; he was the perfect mold for those who wanted to drastically push the American further into their clutches. IF there is any chance we can pull through these times without completely slipping into a police state (st. paul, anyone), we need to act now. Telling your elected officials that you don't support the bailout is an excellent first step. If enough people stand up for something, we can't help but to be heard.

How'd that work out for you, erktheviking? Did you convince your representative to vote no on the bailout? No. Didn't think so.

You got sold down the river, slave.

You kids are hilarious. Let's all wait for the revolution, it'll be super.

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