US bailout fuels protests in streets, online
28 Sep, 2008, 1300 hrs IST, IANS Economic Times
NEW YORK: Even as lawmakers laboured to break the impasse on Bush administration’s $700 bn plan to rescue giant Wall Street firms to solve the financial crisis, the bailout has spontaneously inspired street protests in the US and outrage gone viral across the web. Read the rest of this entry »
State reps. flooded with bailout protest calls
BY TODD SPANGLER • FREE PRESS WASHINGTON STAFF • SEPTEMBER 26, 2008 Freep
WASHINGTON – Some Michigan representatives in Congress are being swamped with calls and e-mails on the $700 billion bailout proposal being debated on Capitol Hill – with a lot of constituents clearly against taxpayers being on the hook for propping up failing financial institutions. Read the rest of this entry »
Housing Advocates Call to “Bail Out Main St., Not Wall St.!” at Federal Reserve Protest
by Jason Pramas (Independent), Sep-26-08 Housing Leather District openmediaboston
BOSTON/Leather District – As an immediate response to the growing financial crisis and the sub-prime mortgage scandal which was its major trigger, 30 people from local housing advocacy organizations and unions gathered in front of the Federal Reserve Bank of Boston on Tuesday to demand a federal bailout for working families instead of financial services companies. The event was organized by the Boston Chapter of the Association of Community Organizations for Community Reform Now and the Massachusetts Alliance Against Predatory Lending. Read the rest of this entry »
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 »
Groups of activists are organizing a pair of local protests in downtown Rochester and Palmyra to decry the proposed $700 billion federal bailout of troubled Wall Street financial firms. Read the rest of this entry »
“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 »
Bailout Outrage Races Across the Web
The Internet is flooded with angst about Treasury Secretary Paulson’s proposed $700 billion bailout—and inspiring old-fashioned street protests
Arun Gupta was enraged as he learned the details of Treasury Secretary Henry Paulson’s plan to fix the U.S. banking system with $700 billion in taxpayer funds. The 43-year-old copy editor and freelance journalist, who publishes his own alternative newspaper, The Indypendent, needed to channel his angst but couldn’t find a live protest to attend. So on Sept. 22, he sent an e-mail to some politically active friends in New York. Within days, they’d planned a protest against the bailout in New York and at 80 other locations in the U.S. on Sept. 25. Read the rest of this entry »
House Republicans Undercut Bush on Rescue, Slow Talks
By Alison Vekshin and James Rowley
Sept. 26 (Bloomberg) — Negotiations on the $700 billion rescue of the U.S. financial system stalled as House Republicans undercut the Bush administration and left it to congressional leaders to hammer out a compromise to calm markets. Read the rest of this entry »
Tell McCain – Oppose Derivatives Rense
Bailout Or Drop Out
Of White House Bid
By Webster G. Tarpley
9-25-8
WASHNGTON, DC — Supporters of John McCain should tell their man right away and in no uncertain terms that he needs to take the lead in opposing the insane and futile derivatives bailout demanded by the Wall Street financial parasites through their spokesmen Hanky-Panky Paulson and Helicopter Ben Bernanke. Obama, a wholly owned subsidiary of the Rockefellers, Soros, and Goldman Sachs, is a sure vote in favor of whatever monstrosity Paulson is able to extort. If McCain were to join Barky in voting to flay the American people alive for the sake of Wall Street’s derivatives casino, he might as well give up the race for the White House and go home. If McCain were to accept Obama’s weasel demand for a joint statement in support of the bailout, the Arizona senator might as well drop out. Two thirds of the American people are not supporting the $700 billion bailout. A growing anti-elitist and anti-oligarchical rage is abroad in the land. If Obama and McCain are in a united front to support Wall Street blackmail, voters will conclude that Obama is a plausible candidate, and he will emerge victorious. Read the rest of this entry »