US Congress rejects flawed bailout: think outside the 'box!' - International Social/Political

The rejection of the Bill cannot solely be attributed to the prospect of some House Representatives losing their seats if they are seen to openly support a hugely unpopular Bill! The people are aware that this knee-jerk ‘quick fix’ is flawed – ‘you do not offer more food to someone suffering from a compulsive eating disorder’ or as a colleague expressed it, ‘you don’t cure junkies by administering large doses of heroin!’ These are ACCURATE common sense assessments; the government has used all its ‘LIE vouchers’ so they are trying something different, give the public a taste of hell -- not forgetting that ‘hell’ would come gift wrapped by the same people who brought you the economic crisis in the first instance!

For the first time in a long time the mostly faceless powers actually look like being dragged out of their backrooms and crystal towers and adorned on road signs and other elevated locations – you have no idea how frightened these people are at the prospect! Creative thinking is called for and one should never underestimate an opponent/enemy – most of the contributors to this site have compulsive eating disorders and huge heroin habits!

The neocons are without doubt the most destructive force that has ever stolen power in the United States (we love it); however, with the exception of ‘Scooter’ Liddy, their openly criminal pursuits remain largely unpunished for the following reasons; they are MASTER crowd manipulators/controllers, spin doctors, ad men and marketing strategists! The world remains in awe of the fact that Cheney-Bush and their entire administration are not before the Hague or other criminal jurisdiction facing charges for their MANY recorded HEINOUS CRIMES – proof of manipulative genius or an extremely retarded public!

Another area where neocons dominate is social discourse. Control the dominant or primary social discourse and you control the public and the direction of EVENTS! Have you noticed the dominant discourse since the neocons ‘took’ Washington – it’s ALL war and terrorism!

There’s an almost infinite range of topics and permutations to choose from in a world suffering ecological and other crises but the public’s attention is CAPTURED (and harnessed) by WAR – neocon criminals are good at their job make no mistake! Every other discourse is relegated to obscurity by displacement.

The current primary discourse is of course WAR with the addition of the related ‘CREDIT CRISIS.’ No one is pursuing the criminals RESPONSIBLE FOR BOTH, as the discourse focuses on symptoms NOT CAUSES – how convenient (for some!)

Of course the solution is simple, remove the ‘causative factors’ and return to sound principles of representative, DEMOCRATIC government. Returning to an innovative PRODUCTION based economy as opposed to the prevailing credit/consumption, paper shuffling, robbery model would cure a multitude of economic woes. But the (guilty) masters of spin have hijacked our focus and attention!

When the public is distracted by ‘crises,’ fear the worst but do not forget whatever event is planned in the background, it would have been orchestrated by the same powers that love to keep you distracted and enslaved. Meanwhile the PROVEN criminals in government and the financial sector remain secure!

It may be time to THINK OUTSIDE THE prescribed ‘BOX!’ But if that’s too difficult just arrest Cheney-Bush and surrender them to an INTERNATIONAL CRIMINAL COURT that upholds the many laws and conventions contravened by the criminally adept neocons.

Kucinich on the Bailout
by Dennis Kucinich via reed - The Progressive Tuesday, Sep 30 2008, 8:10pm

"The $700 billion bailout for Wall Street, is driven by fear not fact. This is too much money in too a short a time going to too few people while too many questions remain unanswered. Why aren't we having hearings on the plan we have just received? Why aren't we questioning the underlying premise of the need for a bailout with taxpayers' money? Why have we not considered any alternatives other than to give $700 billion to Wall Street? Why aren't we asking Wall Street to clean up its own mess? Why aren't we passing new laws to stop the speculation, which triggered this? Why aren't we putting up new regulatory structures to protect investors? How do we even value the $700 billion in toxic assets?

Why aren't we helping homeowners directly with their debt burden? Why aren't we helping American families faced with bankruptcy? Why aren't we reducing debt for Main Street instead of Wall Street? Isn't it time for fundamental change in our debt based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the United States Congress or the board of directors of Goldman Sachs? Wall Street is a place of bears and bulls. It is not smart to force taxpayers to dance with bears or to follow closely behind the bulls."

"Professor Nouriel Roubini, chairman of Roubini Global Economics, summed it up like this, "You're not resolving the two fundamental issues: You still have to recapitalize the banking system, and household debt is going to stay high". A large number of economists believe Roubini is right. The bill will not solve the underlying problems."

"The system is deleveraging and nothing can stop it. Paulson has yet to accept the new reality... there's no guarantee that the banks will use the money in the way that Paulson imagines. As one Wall Street veteran explained to me, "I don't see one penny of that $700 billion ending up helping the broader economy. I see it being used to prop up share prices so the insiders can salvage as much as possible when dumping their shares.

Indeed, the $700 billion is just part of a massive "pump and dump" scheme engineered with the tacit approval of the US Treasury and the Federal Reserve. Once the banksters have offloaded their fraudulent securities and crappy paper on Uncle Sam, they will do whatever they need to do pad the bottom line and drive their stocks up. That means they will shovel capital into hard assets, foreign currencies, gold, interest rate swaps, carry trade swindles, and Swiss bank accounts. The notion that they will recapitalize so they can provide loans to US consumers and businesses in a slumping economy is a pipedream. The US is headed into its worst recession in 60 years. The housing market is crashing, securitzation is kaput, and the broader economy is drifting towards the reef. The banks are not going to waste their time trying to revive a moribund US market where consumers and businesses are already tapped out. No way; it's on to greener pastures. They'll move their capital wherever they think they can maximize their profits. In fact, a sizable portion of the $700 billion will likely be invested in commodities, which means that we'll see another round of hyperbolic speculation in food and energy futures pushing food and fuel prices back into the stratosphere. Ironically, the taxpayers largess will be used against him, making a bad situation even worse."

Rep. Marcy Kaptur: "The normal legislative process that should accompany a monumental proposal to bail out Wall Street has been shelved. Yes, shelved! Only a few insiders are doing the dealing. These criminals have so much power they can shut down the normal legislative process of the highest lawmaking body in this land. All the committees that should be scanning every word that is being negotiated have been benched. And that means the American people have been benched. We are constitutionally sworn to protect this country against all enemies foreign and domestic, and yes, my friends, there are enemies....The people who are pushing this bill are the very same one's who are responsible for the implosion on Wall Street. They were fraudulent then; and they are fraudulent now.We should say No to this deal". ( https://www.youtube.com/watch?v=oAADyc6t4nY )

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A real CONSTRUCTIVE, Constitutional solution in the current crisis is plain to see. Arrest the Cheney-Bush crime syndicate, pursue BIG business interests (bankers/racketeers) that created the credit crisis and control the Bush regime and establish a caretaker government to address real solutions for the nation until such time as FREE AND FAIR elections can be conducted. And I am not referring to the rigged two party circus currently underway. Obama and McCain CLEARLY serve the same interests! Wake up America!

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