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Posts Tagged ‘No cash for trash’

Explanation of Geithner ‘s Bailout

Posted by smeddum on March 27, 2009

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Bailout Protest videos on Google

Posted by smeddum on October 1, 2008

Google has a pretty good coverage of bailout protest videos.
Click here

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The Very Real Danger of Wall Street Blackmailing Us Back Into a Bad Bill

Posted by smeddum on September 30, 2008

The Danger of Wall Street Blackmailing Us Back Into a Bad Bill
By Ian Welsh Khabrein

The Western media are upping up the volume and markets are rallying (and disregarding market fundamentals) to blackmail congress into voting for the bailout. A battle has been won but the war is not over. There is a danger that we have been lulled into a false sense of security. Protests should continue

What was causing the panicked “must pass bill now” gasps from Senators and the Treasury was not the various bank failures. They have been pretty orderly and no one who failed wasn’t expected to fail. Instead the problem was that banks aren’t lending to each other. This isn’t because they fear that other banks won’t repay if they fail, in every case when a bank has failed, the Fed has made sure that banks with outstanding interbank loans got their money back. So this isn’t a question of systemic risk causing fear. Read the rest of this entry »

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Video: Jail not Bailout for billionaire bankers

Posted by smeddum on September 28, 2008

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Housing Advocates Call to “Bail Out Main St., Not Wall St.!” at Federal Reserve Protest

Posted by smeddum on September 26, 2008

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 »

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Video:No cash for trash

Posted by smeddum on September 26, 2008

More at Godlikeproductions

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