Out of the blue, Senate passes bailout!

[RadioRaheem84]

Without even a peep about our great politicians voting on this in the news, the Senate passes the bailout bill. Neglecting the wishes of the people and taking the hard earned money of the worker, they wrote a blank check to Wall Street. Now the US government is the biggest hedge fund in the world!

http://news.yahoo.com/s/ap/financial_meltdown

[RadioRaheem84]

http://www.youtube.com/watch?v=Lkqb1pQrCcg

The Orwellian double speak is ourageous! Look at this crypto-fascist and his careless remarks. First off he is arguing with Bernie Sanders (A GREAT POLITICO who voted down the bailout bill TWICE), and insists that government intervention to bailout the poor with healthcare and aid is wrong but to bailout the rich when they get greedy is just fine!

I am not kidding. Check out the video! It's boggles my mind who people aren't out in the streets rioting when people at the top are so blantantly anti-worker.

[chegitz guevara]

Without the House, it doesn't mean anything.

[spartan]

Without the House, it doesn't mean anything.
Exactly and the bill they approved was a revised version.

Though I imagine that there will now be alot of pressure on the HofR to pass the bill seeing as the upper house has.

[RadioRaheem84]

http://news.yahoo.com/s/ap/meltdown_stakes_analysis



Like the momentous 2002 decision authorizing the invasion of Iraq, Congress' vote on a $700 billion financial industry bailout figures to reverberate unpredictably, both for the economy and for the politicians vowing to protect it.


So the media and the politicians know that this is a very unpopular bill and they still promote it and want to pass it? It's almost as if we're an after thought to these people.

[Faux Real]

Without even a peep about our great politicians voting on this in the news, the Senate passes the bailout bill. Neglecting the wishes of the people and taking the hard earned money of the worker, they wrote a blank check to Wall Street. Now the US government is the biggest hedge fund in the world!

http://news.yahoo.com/s/ap/financial_meltdownThe reason this bill was accepted was that this one included tax cuts in addition to the aforementioned piece of extortion.

[DancingLarry]

http://news.yahoo.com/s/ap/meltdown_stakes_analysis



So the media and the politicians know that this is a very unpopular bill and they still promote it and want to pass it? It's almost as if we're an after thought to these people.


Almost? heh.

you hear the KPD get a lot of flack for "allowing the rise of Hitler" by "failing to work with the SPD". The problem is that by 1930, the German SPD was every bit as feckless as today's US Democrats. How can you work with them, when at every single fucking turn they sell you down the river? I'm sure that's what the KPD experienced, and why they adopted the doctrine of "social fascism" to understand the role of the SPD. There was no common ground because the SPD was much more interested in finding common ground with parties to their right. It's unfortunate that this needs to be reiterated here, but particularly for CPUSA members who since the fall of the CCCP have become essentially a wing of the Dems, this is a powerful reminder of why there is no purpose served, no value gained, by working in any way with the Dems.

The term Sinn Fein in Gaelic means "Ourselves Alone". That's where we of the actual Left are at this point. Now we have to find ways and means to use these exploding crises to build tunnels that drain the pissed off at the lower levels of society in our direction.

[BraneMatter]

Without the House, it doesn't mean anything.


And the arm twisting in the House has already begun in preparation for a Friday re-vote.

We are not even an afterthought to these people.

McCain and Obama were both all onboard with Bush and Paulson. It's sickening.

The fact is, the Congressmen and Senators got more phone calls and emails on this than any other issue ever, and it was overwhelming against the bill. One Congressman reported 92,000 phone calls, 85,000 of which were against the bailout using any taxpayer money.

It was hard even getting through to the Senate today, as the lines were jammed.

Not that it did any good to call, as they did what they wanted regardless of the will of the people.

Most people are unaware that Bush quietly signed into law a $300 billion dollar bailout bill (http://blogs.wsj.com/washwire/2008/07/25/bush-to-sign-housing-bill-quickly-but-quietly/)to deal with the housing and mortgage crisis back in July of this year (http://www.nakedcapitalism.com/2008/07/housing-bailout-bill-also-eased-having.html).

Apparently, it wasn't enough. The July bill was also negotiated through the House by Treasury Secretary Henry Paulson and Congressman Barney Frank.

[bayano]

We got the news that there was officially a Bush-McCain-Obama bail-out bill during a downtown anti-bail out rally organized by Jobs With Justice, who kept up the mildly pro-Obama stance and refused to say to the press or on the megaphone that Obama had gone directly against the demand of our rally (which was a national one in places where JwJ has offices)

[Yehuda Stern]

It's almost as if we're an after thought to these people.

Jesus, I thought bourgeois politicians are really taking care of us...

[Psy]

Jesus, I thought bourgeois politicians are really taking care of us...

Seriously though the difference is that now the bourgeois politicians are going against over two decades of bourgeoisie propaganda. According to the propaganda they been giving for over two decades this will lead to inflation and in that respect their old propaganda is right on that point this will lead to inflation.

[Yehuda Stern]

Possibly, but I was just pointing out that it was pretty ridiculous to believe that these bourgeois politicians give a damn about common Americans in the first place.

[Lynx]

No mention of the invisible hand, they're going for the old fashioned 'shake down'

[DancingLarry]

No mention of the invisible hand, they're going for the old fashioned 'shake down'

Absolutely, the old "Republic" is in an advanced state of decay and about to collapse, those with power, place and position are grabbing with both hands in an orgy of insider looting because they know there will be no consequences in the New Empire. I'd like to be able to view what's going on as a form of fascism, as state corporatism, but it's truly much cruder than that, mere sack and plunder of the most primitive kind on an enormous scale.

[cyu]

Most people are unaware that Bush quietly signed into law a $300 billion dollar bailout bill (http://www.anonym.to/?http://blogs.wsj.com/washwire/2008/07/25/bush-to-sign-housing-bill-quickly-but-quietly/)to deal with the housing and mortgage crisis back in July of this year (http://www.nakedcapitalism.com/2008/07/housing-bailout-bill-also-eased-having.html).

Thanks for the info!

[redarmyfaction38]

Without even a peep about our great politicians voting on this in the news, the Senate passes the bailout bill. Neglecting the wishes of the people and taking the hard earned money of the worker, they wrote a blank check to Wall Street. Now the US government is the biggest hedge fund in the world!

http://news.yahoo.com/s/ap/financial_meltdown
oh c'mon, you knew damn well the minute the politicians thought the voters were'nt looking they would pass the "save capitalism and our fat salaries" bill.
never mind, it won't save them in the long run, it just gives them some respite and us more time to build an alternative. imo.