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Democrats.com: Thursday - March Against Paulson's Plunder (Emergency Protests)

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Hissyspit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 11:34 PM
Original message
Democrats.com: Thursday - March Against Paulson's Plunder (Emergency Protests)
Via Email:

TODAY: March Against Paulson's Plunder

On Wednesday, George Bush went on TV to sweet-talk Americans into letting him steal $700 billion of our tax dollars - $2,333 for every man, woman, and child - to bail out his greedy rich friends on Wall Street.

Today (Thursday) Bush will meet with Democratic and Republican leaders to finalize a deal that gives Bush nearly everything he wants, but nothing America needs:

The people who caused the problem or profited most should pay for it
- Re-regulate to prevent this from happening again
- Include Main Street in the bailout and invest in a new productive economy

Worst of all, it's another massive fraud. Bush lied to our faces when he promised to buy toxic securities "at their current low prices... and we expect that much, if not all, of the tax dollars we invest will be paid back."

Bull. This is the same administration that promised the invasion of Iraq would pay for itself through lower oil prices. The cost of that disaster is now $3 trillion and climbing, not to mention millions dead, maimed, or exiled.

So make no mistake: every penny we give Bush now will be used to greatly overpay for securities that will lose most of their value. We will pay the price for decades, which is why dozens of economists oppose Bush's fraud.

Democrats.com members have sent nearly 100,000 emails to our Senators and Representatives opposing Paulson's Plunder. But Congress is moving fast, so we must too.

Today (Thursday) there will be emergency afternoon street protests across the country. Please find the nearest protest and bring a sign and a friend:

http://tinyurl.com/3sh2cb

And call your Senators and Representative right now to say "No $700 Billion Bailout for Wall Street" - dial the Capitol switchboard at 800-473-6711 or 202-224-3121 or dial direct using the instant phone lookup on the right side of http://usalone.com

And if you have not emailed your Senators and Representative, please do it now:

http://www.democrats.com/stop-paulsons-plunder

Thanks for all you do!

________________

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________________

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#####

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Mojorabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 12:18 AM
Response to Original message
1. The bill will pass
China cut up our credit card today.
From Marketwatch

China asks local lenders not to lend to U.S. banks:report
By V. Phani Kumar
Last update: 10:28 p.m. EDT Sept. 24, 2008
Comments: 63
HONG KONG (MarketWatch) -- Chinese regulators have asked domestic banks to stop lending to U.S. financial institutions in the interbank money markets to prevent possible losses during the financial crisis, the South China Morning Post reported Thursday. The China Banking Regulatory Commission's ban on interbank lending of all currencies applied to U.S. banks, but not to lenders from other countries, the report added, citing a source. End of Story
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Hissyspit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 01:09 AM
Response to Reply #1
2. Holy shit. nt
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 08:34 AM
Response to Original message
3. Now THIS is a true MUST READ. Get in the streets tonight.
..
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