[CitizensTruth] $700Bn for a temporary fix??? NOT!!!

[Mike Kirk]

Didn't BushCrew promise to give Billions to the victims of the Asian Tsunami a few years ago but never wrote the check?

Maybe this will be the same thing, empty promises to pay.

-Mike

--- On Thu, 9/25/08, Daniel Stafford <aqmstaffo at mailbag.com> wrote:
From: Daniel Stafford <aqmstaffo at mailbag.com>
Subject: [CitizensTruth] $700Bn for a temporary fix??? NOT!!!
To: "IL Progressive Dems" <PDI at illinoisprogressives.org>, "AB_Progressives" <AB_Progressives at yahoogroups.com>, "Progressive" <progressive at yahoogroups.com>, DiehardDems at yahoogroups.com, "Citizen's Truth" <CitizensTruth at six.pairlist.net>
Date: Thursday, September 25, 2008, 11:34 AM




  
  
If we do what Bushcrew is proposing, this problem will just come back
to haunt us all again in a few months and be even WORSE.



The real problem with the economy is that its primary driver - the
middle class - is out of money to squeeze.



Everyone has been sqeezing and squeezing until the middle class has
been bled dry - it's just that many haven't figured that out yet. They
still have a little room on the credit cards, or they bought their
house 15 or 20 years ago - but done the way Bushcrew wants, this will
get them in the next round.



Raise property taxes every year - squeeze!



Bank fees for every little microservice the banks can think of -
squeeze!



Pay more and more for every form of insurance - squeeze!



Pay for more of the medical expenses and prescriptions insurance won't
cover - squeeze!



Higher - deregulated - utility bills - squeeze!



Higher gasoline taxes and income taxes and sales taxes - squeeze!



School registration fees in addition to property taxes - squeeze!



Higher college tuition fees and higher interest rates on them - squeeze!



These are just the biggest things, there are myriad littler things
pinching money off the middle class. The list goes on and on and on and
on.



The problem is, the middle class probably uses 4/5 or so of all the
goods and services purchased every year - until this one. There's
nothing left to squeeze - in fact, they've squeezed SO much that the
middle class can no longer even meet obligations in addition to extras.
Why do you think credit card use and debt is so high? People are buying
food and gas or paying bills with them. It isn't luxury vacations or
bling, its basic necessities.



4/5 of the economy can no longer afford to participate in the economy.
They simply don't have the money left!



But wait! Bushcrew wants to add a little less than $3,000.00 to the
bills of every man, woman, and child in the country - squeeze! -
squeeze! - squeeze! - squeeze! They are going to press the body until
there's not even any red moisture left in it!



Who is going to buy ANYTHING?? RICH GUYS?? Puuuuhlease!



If you have a guy with 20 cars and ten houses, guess what? he can only
drive one car at a time! He can only live in one house at a time! Even
if he goes to a different house every night, he will still only spend a
fraction in the local economies he lives in as what 10 families in 10
houses and 20 cars would spend. The families will spend money for gas
and groceries and utilities and etc. every day almost in each of the 10
houses - but the rich guy might buy gas at one house one day, groceries
at the next house, toys for the kids at the next, and so on.



If the middle class isn't made middle class again, the economy will
continue to tank until it stops. The middle class economic engine is
out of gas. If you suck on the tank inlet until there's a huge vacuum,
which is what this bailout does, you'll make the problems WORSE!



Kiss my hiney, Bush & Paulson & Wall Street. You have no
economy left to bail out because you don't have a real middle class
anymore. You squuezed to much, and there's nothing left. If you want to
fix the economy, get the middle class truly breathing again. Otherwise
that money you're slipping out of the corpse's pockets will be totally
worthless in a very short while.



Dan Stafford



Democrats.com wrote:

  
  
    
      
        
        
         
        TODAY: March Against Paulson's Plunder
        On Wednesday, George Bush went on
TV to sweet-talk Americans into letting him steal $700 billion
of our tax dollars - $2,333 for every man, woman, and child -
to bail out his greedy rich friends on Wall Street.
        Today (Thursday) Bush will meet with
Democratic and Republican leaders to finalize a deal that gives Bush
nearly everything he wants, but nothing America needs:
        
          The people who caused the problem or
profited most should pay for it 
          
          Re-regulate to prevent this from happening
again 
          
          Include Main Street in the bailout and
invest in a new productive economy 
        
        Worst of all, it's another massive fraud.
Bush lied to our faces when he promised to buy toxic securities "at
their current low prices... and we expect that much, if not all, of the
tax dollars we invest will be paid back."
        Bull. This is the same administration that
promised the invasion of Iraq would pay for itself through lower oil
prices. The cost of that disaster is now $3 trillion
and climbing, not to mention millions dead, maimed, or exiled. 
        So make no mistake: every penny we give Bush
now will be used to greatly overpay for securities that will lose most
of their value. We will pay the price for decades, which is why dozens of
economists oppose Bush's fraud.
        Democrats.com members have sent nearly
100,000 emails to our Senators and Representatives opposing Paulson's
Plunder. But Congress is moving fast, so we must too.
        Today (Thursday) there will
be emergency afternoon street protests across the
country. Please find the nearest protest and bring a sign and a friend:

        http://tinyurl.com/3sh2cb
        And call your Senators and
Representative right now to say "No $700 Billion Bailout for
Wall Street" - dial the Capitol switchboard at 800-473-6711 or
202-224-3121 or dial direct using the instant phone lookup on the right
side of http://usalone.com
        
        And if you have not emailed your Senators and Representative,
please do it now: 

        http://www.democrats.com/stop-paulsons-plunder
        
        
        
        Thanks for all you do!
        ________________ 
        Be a "Pollworker for Democracy" 
         
        This year, you have an amazing opportunity to
ensure a fair election, protect the right to vote, and get paid for
doing so. How? By becoming a pollworker. 
        That's why CREDO Action is proud to sponsor
the "Pollworkers for Democracy" project - a nonpartisan effort to get
more people involved in protecting our elections - in order to support
our democracy. We'll provide you with information to supplement your
pollworker training, and also a system to report and track any problems
on and before Election Day. 
        Your county still needs pollworkers for the
November 4th general election. By signing up as a pollworker, you can
support our democratic system...and get paid! 
        Click here to sign up to become a
pollworker. 

        http://tinyurl.com/6jaujd
        
        ________________ 
        Are You Registered to Vote? Are You Sure?
        
        Republicans are working quietly to steal
another election by disenfranchising Democratic voters, just as they
did in 2000 and 2004. So please make sure you are registered to vote! 
        Login to Democrats.com and click: 

        http://www.democrats.com/voter_registration
        
        ##### 
        Forward this message to everyone you know! 
        To subscribe, create a free Democrats.com
account here: 

        http://www.democrats.com/user/register
        
        
      
      
        

        
      
    
  

 
_______________________________________________
CitizensTruth mailing list
CitizensTruth at six.pairlist.net
http://six.pairlist.net/mailman/listinfo/citizenstruth
website: http://citizenstruth.info
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://six.pairlist.net/pipermail/citizenstruth/attachments/20080925/4ad6180f/attachment-0001.html>