Let's cut to the chase on the bailout plan

[BlueCollar]

Bush and Cheney sent their boy Powell out to tell the world that Iraq posed a danger and had WMD...We were supposed to assume he was telling the truth. Congress bought it. They LIED


Now he and Cheney send Hank Paulson out to deliver the message that the current situation is a financial equivalent of WMD. We're supposed to believe that. Congress is being asked to buy it. They're lying again.

We're being asked to buy this bullshit? For a second time?

Where is the Administration?

If this was so fucking urgent...Why haven't the entire White House lined up and gone on the record?

I'm not buying this crap folks....these guys have a track record.

[rzemanfl]

1. Kicked, recommended and wholeheartedly agreed with. What

part of "The Boy Who Cried Wolf" did they think we didn't understand?

[BlueCollar]

4. Thanks

I'm not buying this bullshit...I'm sure that some kind of intervention is probably needed but I'm not buying the situation is as they present it.

Legislation that makes the Treasury Secretary immune from oversight?

Fuck that...

Seen this Bullshit before with the fucking DOD and the VP and their Goddamn secret meetings over energy policy.

BULLSHIT...I want fucking accountability.

[tama]

7. The part

when the wolf really came.

[sendero]

2. There IS a wolf at the door..

... it's just that the bailout is not going to make it go away.

[BlueCollar]

6. Help me understand...n/t

[unblock]

3. well, it IS pretty damn urgent.

the real question is why did they wait until now to do anything other than react to companies failing?

there markets have been effed up since last august!

[BlueCollar]

5. I'm no financial wizard...

and I'm emotional right now. I'm willing to listen to you though.

[tama]

12. Market

has been allways effed up. Especially so during Reagan, Clinton and Bush. The bottom line is that US is busted and the rest of the global capitalism with it (hint: greed is NOT good).

TPTB (who believe greed really is good, at least for the powers that be) are of course in varying states of denial and feeling totally helpless and lost with the first hits of Real Reality(TM) while trying show a cheery face (FIAT economy is by definition make believe economy, a Potemkin economy) as is their job, first and foremost, make believe.

The collapse is just happening in slow motion so understandin what is happening is difficult especially if getting lost in minor details. I've been educating myself about this collapse happening now (and worse to come) and its underlying causes since 2000, so I have some understanding of the big picture and none of this is coming as surprise (but rather, bit later that I've been expecting).

[Eric J in MN]

8. No more money for Bush.

Everything he touches goes bad.

Congress should wait until we have a new president and carefully consider the new president's economic proposals.

[Individualist]

9. Neocons and their DLC pals sold IWR

The same vermin are selling the bailout.

[BlueCollar]

10. agreed...and it's so obvious..n/t

[xiamiam]

11. i believe it has ALL been manufactured and created including the housing bubble

and the blame on the homeowners who could not afford the over priced homes they bought...while believing that the economy and housing markets were strong..I haven't believed any of it..oh yes , it is happening...but it has been part of an ideological plan..imho