Monday, September 29, 2008
Bipartisan Coalition Defeats Casino Socialism
The Wall Street Bailout bill failed to pass Congress. And the corporate media, Democrats, and President Bush are "shocked" that it happened. Bush said our economy would collapse within days. Democrats and Bush also wanted to ensure that their corporate donors get more of their money back. The corporate media said it was a "done deal." The American public were told it would pass, so don't bother try to call your Congressperson. The American people didn't capitulate as the so called leaders of our nation did. Now Wall Street is throwing a temper tantrum and dropping the values of stock they thought could be purchased with "free" taxpayer money.
Just a couple months before the election, the economy is looking in worse shape than ever. To buy our confidence, and our votes in November, the government wanted to bail out their long-term corporate donors. It appears that Americans are no longer fooled by such gimmicks. We defeated the biggest corporate handout of taxpayer money in world history! For once, the people of this country actually have had a say. It appears that for once, Americans are actually comfortable with change!
The Federal government has long felt its role was to end or prevent recessions. Unfortunately, by doing this they make future recessions harsher. After every energy spike, the US economy goes into recession. The Feds should have allowed it to run its course, assuming we believe in capitalism. But Democrats continually believe it is the taxpayer's job to "create jobs." And they were literally the party behind the bailout.
There were some leaders against the bailout. On the Republican side, our own Michelle Bachmann stated her opposition early on. The Democrat who best represents my own views is Representative Marcy Kaptur. Someone else the corporate media love to hate also took a stance against the bailout: Dennis Kucinich. Too bad the media determine who wins elections, because Kucinich could easily beat a insanely sad McCain-Palin.
In Minnesota, half of our elected representatives refused to give in to Pelosi's pleas to help out Bush's bailout. There were also many Republicans who enabled the American people to stop this corrupt handout of money that could be better spent elsewhere. In Minnesota, these representatives deserve great praise for their stance against George Bush and Nancy Pelosi:
Michelle Bachmann (R )
Jim Ramstad (R )
Collin Peterson ( DFL )
Tim Walz ( DFL )
This could be the issue that gains the Walz campaign some traction against the GOP. It is a very close race, and if he wanted to win he would vote with his constituents and not against them.
Call these supporters of the Wall Street Bailout today:
Keith Ellison --- 202-225-4755
Betty McCollum --- 202-225-6631
James Oberstar --- 202-225-6211
John Kline --- 202-225-2271
Tell them that the only Americans supportive of the bailout are the corporations that stand to profit and the politicians who stand to get more political contributions. Everyone else stands united against this abhorrent form of government policy that is appearing before us.
These un-leaders deserve to be called out for their pathetic stance in handling our economic situation. None of them have proposed weaning the American public off of oil. Skyrocking energy prices are the primary culprit of our economic doldrums. They refuse to deal with the reality of Peak Oil and global energy demand, but want a "deal" with Wall Street before our government can no longer sell its T-bills to China.
America needs long-term solutions, not short-term election gimmicks. A rescue package for Wall Street is a future tax-bill for the working class. Democrats need to get the message.