[CitizensTruth] It's time for All of us to weigh-in on global economic policy - NOW, before Bush grabs extreme powers over the economy
Daniel Stafford
aqmstaffo at mailbag.com
Mon Sep 22 01:56:08 EDT 2008
All - we need to speak loudly and clearly now, in the pivotal moments of
this artificially-induced economic melt-down.
I believe that the Fascists have engineered this crisis in order to
implement an unprecedented economic power grab.
The calls by Democrats and others for oversight and a plan that serves
and saves everyday people needs to be supported. If every voice is not
raised, there will be unprecedented human suffering as the rich seize
anything and everything they wish.
The powers that Bush and Paulson are asking to be granted to the
treasury, unchecked by the Judiciary, are supposed to be held by
Congress, NOT the Executive via a crony appointed by Bush. The risks are
grave. Some are even calling this a subtle attempted economic coup to
make Bush king for corporatist interests.
"*Bush administration seeks 'dictatorial power unreviewable by the third
branch of government, the courts'
<http://www.bloomberg.com/apps/news?pid=20601087&sid=a1hr1v2FUeAg> *20
Sep 2008 The Bush administration asked Congress for unchecked power to
buy $700 billion in bad mortgage investments from U.S. financial
companies in what would be an unprecedented government intrusion into
the markets. *The bill would bar courts from reviewing actions taken
under its authority*. "It sounds like [Treasury Secretary Henry]
*Paulson is asking to be a financial dictator*, for a limited period of
time,'' said historian John Steele Gordon, author... The *Bush
administration seeks "dictatorial power unreviewable by the third branch
of government, the courts*, to try to resolve the crisis,'' said Frank
Razzano, a former assistant chief trial attorney at the Securities and
Exchange Commission now at Pepper Hamilton LLP in Washington. [See:
*Brigade homeland tours start Oct. 1 for deployment during 'civil
unrest,' 'horrific scenarios'
<http://www.armytimes.com/news/2008/09/army_homeland_090708w/> *08 Sep
2008.]"
http://www.opednews.com/articles/A-Resounding-Bottom-Up-NO-by-Rob-Kall-080921-907.html
"William Greider | Paulson Bailout Plan a Historic Swindle
http://www.truthout.org/article/paulson-bailout-plan-a-historic-swindle
William Greider, The Nation: "Financial-market wise guys, who had been
seized with fear, are suddenly drunk with hope. They are rallying
explosively because they think they have successfully stampeded
Washington into accepting the Wall Street Journal solution to the
crisis: dump it all on the taxpayers. That is the meaning of the massive
bailout Treasury Secretary Henry Paulson has shopped around Congress. It
would relieve the major banks and investment firms of their mountainous
rotten assets and make the public swallow their losses - many hundreds
of billions, maybe much more. What's not to like if you are a financial
titan threatened with extinction?"
There are more, I couldn't begin to list them all.
We have all seen what Bush does when granted power. He mis-manages in
ways that harm and kill people he and his crowd do not like. He
disappears people that speak out against his methods and policies. He
threatens anyone and everyone that even hints at getting in his way. He
has a family history of supporting fascism going back to his grandfather
working with the Nazis. Note that the definition of fascism is corporate
control of the government. The U.S. is inches away from this. Do we want
the trans-national corporations to have control of the U.S. purse? I
think not. Nothing Bush and the people around him have done have been
for the common man, they have all been for various corporate interests
that stand to gain everything while the rest of us lose everything, even
our basic freedoms.
We would be far better off to see an independent commission - truly
independent of industry or political party - filled with experts in both
economics and social policy and overseen by Congress and the Courts
running any economic relief efforts, rather than handing such duties
over to a Bush appointee.
I would suggest an immediate call for submissions focussed upon this
issue, while there are a few moments left to speak up.
Petitions such as this one pasted below should be immediately
distributed to all US Citizens on all of our lists. If the People do not
speak now, they may never have another chance.
Regards,
Dan Stafford
Subject: No blank check for Wall Street.
Dear Friend,
Congress is on the brink of making a one-sided deal to give George W.
Bush a blank check to bail out his pals - offering nearly (or perhaps
more than) a trillion taxpayer dollars to Wall Street to cover its bad
debts. That works out to somewhere between $2000 and $5000 from every
American family. So what do the taxpayers get in return?
Nothing. No new regulation or oversight to help avoid this kind of
crisis in the future. No public interest givebacks to help people whose
homes are in the hands of the banks. Perhaps most shockingly of all, the
taxpayers get absolutely no share in the profits if and when these
finance giants bounce back, even though we are now assuming a great deal
of the risk.
*This is worse than a bad deal - this isn't a deal at all. This is a
blank check to some of the richest companies in the world.*
I just signed a petition calling on key members of Congress to impose a
few sensible conditions to this bailout in order to protect the American
people -- I hope you will too.
Please have a look and take action.
http://act.credoaction.com/campaign/no_blank_check/?r_by=-76391-IelSC.x&rc=paste
<http://act.credoaction.com/campaign/no_blank_check/?r_by=-76391-IelSC.x&rc=paste>
Thanks!
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