Posted by smeddum on September 30, 2008
Steve Forbes: Economy In ‘Cardiac Arrest’ Washington Post
Former Republican presidential candidate and noted flat-taxer Steve Forbes appeared on CNBC moments ago with a grave diagnosis for the U.S. economy, likening it to a flatlining coronary patient.
“Right now there is fear in the marketplace,” said Forbes, also editor-in-chief of Forbes magazine. “Not since 1933 have we been as close to the abyss as we are now.” Read the rest of this entry »
Posted in Uncategorized | Tagged: bailout, Bailout charade, Bailout what next, bush, Poulson | Leave a Comment »
Posted by smeddum on September 29, 2008
Roll Call Vote for H.R. 3997, the ‘Bailout’ Bill
Democrats: 140 Ayes, 95 Noes
Republicans: 65 Ayes, 133 Noes, 1 Not Voting
Total: 205 Ayes, 228 Noes, 1 Not Voting
Click here for a detailed roll call, including breakdown by representative.
Posted in Uncategorized | Tagged: 'bailout' bill vote breakdown, bailout vote breakdown, economic crash, economy, Financial crisis, H. R. 3997 vote breakdown, politics | 1 Comment »
Posted by smeddum on September 29, 2008
Posted in Uncategorized | Tagged: bailout, bailout protest, democracy for America, Financial crisis, insider trading, kaptur, Paulson, Paulson plan | Leave a Comment »
Posted by alfied on September 29, 2008
Human Rights Watch in Venezuela
Lies, Crimes and Cover-ups
By James Petras
28/09/08 “ICH ” — – Human Rights Watch, a US-based group claiming to be a non-governmental organization, but which is in fact funded by government-linked quasi-private foundations and a Congressional funded political propaganda organization, the National Endowment for Democracy, has issued a report “A Decade Under Chavez: Political Intolerance and Lost Opportunities for Advancing Human Rights in Venezuela” (9/21/2008 hrw.org). The publication of the “Report” directed by Jose Miguel Vivanco and sub-director Daniel Walkinson led to their expulsion from Venezuela for repeated political-partisan intervention in the internal affairs of the country. Read the rest of this entry »
Posted in Uncategorized | Tagged: NGOs, Venezuela | Leave a Comment »
Posted by smeddum on September 29, 2008
Kucinich says bailout doesn’t have the votes
RAW STORY
Published: Sunday September 28, 2008
As the Wall Street bailout talks continue, a critical Congressman Dennis Kucinich (D-OH) is not confident that House will pass the legislation, as he told The Hill. “If the votes were there, this would be on the floor,” he said. “The votes aren’t there.” Read the rest of this entry »
Posted in Uncategorized | Tagged: bailout, Kucinich | Leave a Comment »
Posted by smeddum on September 29, 2008
Bush’s Economic 9/11 and the Rise of Big Brother Banking
By Roberto Lovato, New America Media
Posted on September 29, 2008, Printed on September 29, 2008
http://www.alternet.org/story/100682/
Editor’s Note: Behind the economic bailout is a looming specter of government as Big ‘Banker’ Brother, and activists are protesting for fear of further erosion of civil liberties, reports NAM contributor Roberto Lovato.
NEW YORK – Arun Gupta stood between the throngs of tourists and the small army of activists squeezing onto the narrow concrete island occupied largely by the 7,000 pound bronze Wall Street bull and declared, “We’re here to say no to the bailout.” Read the rest of this entry »
Posted in Uncategorized | Tagged: 9/11, bailout protest, civil liberties, Paulson plan | Leave a Comment »
Posted by smeddum on September 28, 2008
If unavailable click here http://www.youtube.com/watch?v=nkT6FR6IJZM
Posted in Uncategorized | Tagged: bailout, dangerous bailout, democracy for America, Tavakoli, undemocratic bailout | Leave a Comment »
Posted by alfied on September 26, 2008
For the first time ever, the US military is deploying an active duty regular Army combat unit for full-time use inside the United States to deal with emergencies, including potential civil unrest. Read the rest of this entry »
Posted in Uncategorized | Tagged: bailout protest, martial law | Leave a Comment »
Posted by seumasach on September 26, 2008
“It is not fair that we are doing this in good faith and are prepared to bear serious consequences and you are still labeling China this and that, accusing China of this and that”
More hints that economic support for ailing US economy comes with a political price – otherwise there might be “panic selling”.
By Kevin Hamlin
Sept. 25 (Bloomberg) — Japan, China and other holders of U.S. government debt must quickly reach an agreement to prevent panic sales leading to a global financial collapse, said Yu Yongding, a former adviser to the Chinese central bank.
“We are in the same boat, we must cooperate, Yu said in an interview in Beijing on Sept. 23.“If there’s no selling in a panicked way, then China willingly can continue to provide our financial support by continuing to hold U.S. assets.
Posted in Uncategorized | Tagged: financial collapse, international bailout of US | Leave a Comment »
Posted by smeddum on September 26, 2008
“Wall Street Should Be Looking for Bail, Not a Bailout”
LIUNA Opposes Any No-Strings Raid on Taxpayers; Calls for Congress to Seize the Opportunity to Build America So America Works Again Wall Street Journal Marketwatch
Last update: 3:42 p.m. EDT Sept. 25, 2008
WASHINGTON, Sep 25, 2008 (BUSINESS WIRE) — As the Bush Administration and Congress craft a $700 billion Wall Street bailout, LIUNA — the Laborers’ International Union of North America — is rejecting any no-strings raid on taxpayers and calling on Congress to seize the opportunity to build America. Read the rest of this entry »
Posted in Financial crisis, Uncategorized | Tagged: bailout protest, LIUNA, no bailout, Paulson | Leave a Comment »
In These New Times 