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 »
Posts Tagged ‘bailout’
Housing Advocates Call to “Bail Out Main St., Not Wall St.!” at Federal Reserve Protest
Posted by smeddum on September 26, 2008
Posted in Financial crisis | Tagged: bailout, bailout protest, housing crisis, no bailout, No cash for trash, stop the bailout | Leave a Comment »
Is McCain trying to blow up Paulson’s plan?
Posted by smeddum on September 26, 2008
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 »
Posted in Financial crisis | Tagged: bailout, bailout protest, financial collapse, McCain, Paulson plan, Webster Tarpley | Leave a Comment »
A bailout and a new world
Posted by smeddum on September 25, 2008
A bailout and a new world AsianTimes
By Pepe Escobar
WASHINGTON and SAO PAULO – The George W Bush administration’s US$700 billion no-accountability scheme, globally, informally dubbed “cash for trash”, is making all the headlines. Simultaneously, there’s the small matter of the United Nations General Assembly sanctioning the troubled birth of a new, multipolar world. As a 21st-century counterpart to the Dadaist Manifesto, this chain of events is priceless. Read the rest of this entry »
Posted in Iraq, Multipolar world | Tagged: Afghanistan, bailout, Iraq | Leave a Comment »
Paulson’s whopper
Posted by smeddum on September 24, 2008
Good ideas and lies New York Times
Daniel Davies, in one of the great blog posts of this era, laid down a key principle:
Good ideas do not need lots of lies told about them in order to gain public acceptance.
He was talking about the selling of the Iraq war, but it applies more generally.
So, this morning Hank Paulson told a whopper: Read the rest of this entry »
Posted in Financial crisis | Tagged: bailout, economy, failing banks, financial fraud, Paulson, wall street | Leave a Comment »
In These New Times 