Comments on: Bailing Out the Predators http://dissidentvoice.org/2008/09/bailing-out-the-predators/ a radical newsletter in the struggle for peace and social justice Thu, 08 Dec 2011 15:07:30 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Andres Kargar http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28812 Andres Kargar Thu, 25 Sep 2008 06:01:48 +0000 http://www.dissidentvoice.org/?p=3318#comment-28812 This is exactly why the government and the owning classes are desperate to be eavesdropping and spying on American citizens to make sure they keep everyone in check. America's corporate practices are making paupers out of the majority of the population, and our rulers are terrified to death of the possibility of what they call mob rule, i.e. the collapse of the capitalist system and the empowerment of common, poor people. Is the capitalist system digging its own grave, Mr. Paulson? This is exactly why the government and the owning classes are desperate to be eavesdropping and spying on American citizens to make sure they keep everyone in check. America’s corporate practices are making paupers out of the majority of the population, and our rulers are terrified to death of the possibility of what they call mob rule, i.e. the collapse of the capitalist system and the empowerment of common, poor people.

Is the capitalist system digging its own grave, Mr. Paulson?

]]> By: Deadbeat http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28807 Deadbeat Thu, 25 Sep 2008 02:47:55 +0000 http://www.dissidentvoice.org/?p=3318#comment-28807 The American people alone provides an enormous risk pool therefore there is absolutely no need for private banking and insurance. What is needed is a restoration of postal accounts that were repealed during the Eisenhower years when the Republican were in control of the Congress during the 1950's. But before that happens the Post Office needs to be restored as a real public agency. It is clear that the private sector cannot manage the collective accounts of the people and uses it for their own gain and produce nothing. Social Security show how efficient it can operate and that level of efficiency is need for banking. Rather than bailing out these crooks we need to use the 700 billion dollars (really 1 trillion dollars) to set up a system of PUBLIC financing and savings. The American people alone provides an enormous risk pool therefore there is absolutely no need for private banking and insurance. What is needed is a restoration of postal accounts that were repealed during the Eisenhower years when the Republican were in control of the Congress during the 1950′s. But before that happens the Post Office needs to be restored as a real public agency.

It is clear that the private sector cannot manage the collective accounts of the people and uses it for their own gain and produce nothing. Social Security show how efficient it can operate and that level of efficiency is need for banking.

Rather than bailing out these crooks we need to use the 700 billion dollars (really 1 trillion dollars) to set up a system of PUBLIC financing and savings.

]]> By: Ron Jacobs http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28801 Ron Jacobs Thu, 25 Sep 2008 00:29:00 +0000 http://www.dissidentvoice.org/?p=3318#comment-28801 I resent the message against immigrants being attached to my commentary. As the author of the piece on the Predators of Wall Street and Washington, let it be clear that I completely and totally reject this essentially racist post calling for deportation of immigrants. I hope the editors of Dissident Voice remove it post haste! ron jacobs I resent the message against immigrants being attached to my commentary. As the author of the piece on the Predators of Wall Street and Washington, let it be clear that I completely and totally reject this essentially racist post calling for deportation of immigrants. I hope the editors of Dissident Voice remove it post haste!
ron jacobs

]]> By: Poilu http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28799 Poilu Wed, 24 Sep 2008 23:55:35 +0000 http://www.dissidentvoice.org/?p=3318#comment-28799 Ron: Well said and exceptionally well-elaborated! It truly appears that the ONLY people afforded a significant "safety net" anymore in this country are those who LEAST need it. In a just society -- certainly not THIS one! -- it would be the FOUNDERS of this financial fiasco (and their government accomplices) we'd see living homeless on the streets and standing in "bread lines", NOT veterans, among others, who merely did what they perceived as the "right thing" once upon a time. It galls me to NO end to ponder the fact that these unelected sleazebags in our White House will be permitted to feast at the public trough for the duration of their miserable, felonious lives. Same for the denizens of "our" Congress, with a few -- sadly, DAMN few -- notable exceptions. I keep wondering every now and then: the "Smith Act" prohibits any solicitation to violently overthrow our form of government; what would it say regarding violent efforts to RESTORE that form of government? (With our Constitution currently in shreds and our vote a meaningless joke, it would be difficult to perceive a popular uprising at this point as anything else. Fascism is clearly NOT what the Founding Fathers prescribed.) "[W]hat country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. ... The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure." - Thomas Jefferson (Letter to William Stevens Smith, November 13, 1787) Ron: Well said and exceptionally well-elaborated! It truly appears that the ONLY people afforded a significant “safety net” anymore in this country are those who LEAST need it.

In a just society — certainly not THIS one! — it would be the FOUNDERS of this financial fiasco (and their government accomplices) we’d see living homeless on the streets and standing in “bread lines”, NOT veterans, among others, who merely did what they perceived as the “right thing” once upon a time.

It galls me to NO end to ponder the fact that these unelected sleazebags in our White House will be permitted to feast at the public trough for the duration of their miserable, felonious lives. Same for the denizens of “our” Congress, with a few — sadly, DAMN few — notable exceptions.

I keep wondering every now and then: the “Smith Act” prohibits any solicitation to violently overthrow our form of government; what would it say regarding violent efforts to RESTORE that form of government? (With our Constitution currently in shreds and our vote a meaningless joke, it would be difficult to perceive a popular uprising at this point as anything else. Fascism is clearly NOT what the Founding Fathers prescribed.)

“[W]hat country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. … The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure.”
- Thomas Jefferson (Letter to William Stevens Smith, November 13, 1787)

]]> By: Gliscameria http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28785 Gliscameria Wed, 24 Sep 2008 19:34:39 +0000 http://www.dissidentvoice.org/?p=3318#comment-28785 They say we need to bail them out or the market is going to crash. The only reason they give for anyone giving a shit if the market crashes is that people's retirements are tied to it. Like anyone is going to retire in the next few decades anyway. The fact that massive amounts of our money is thrown into 401Ks and then given to wall street in bulk totally defeats the purpose of the stock market. The bulk of trading is trend based and has nothing to do with performance. Someone needs to hit the reset button. Gripe-You can buy your credit card debt for what they would sell it to a collector for, but you can't do the same thing with a mortgage, it's not allowed. Causes forclosures, depressed home values and poor people. The borrower should have exclusive first dibs on their own debt if it's being sold! They say we need to bail them out or the market is going to crash. The only reason they give for anyone giving a shit if the market crashes is that people’s retirements are tied to it. Like anyone is going to retire in the next few decades anyway.

The fact that massive amounts of our money is thrown into 401Ks and then given to wall street in bulk totally defeats the purpose of the stock market. The bulk of trading is trend based and has nothing to do with performance. Someone needs to hit the reset button.

Gripe-You can buy your credit card debt for what they would sell it to a collector for, but you can’t do the same thing with a mortgage, it’s not allowed. Causes forclosures, depressed home values and poor people. The borrower should have exclusive first dibs on their own debt if it’s being sold!

]]> By: brs http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28783 brs Wed, 24 Sep 2008 19:33:31 +0000 http://www.dissidentvoice.org/?p=3318#comment-28783 >>Naturally, those businesses will most certainly be better off than when these men and women left them to work in what I loosely term public service. After all, I’m not convinced that there is much servicing the public going on in DC any more. It’s more like servicing the wealthy and their bank accounts.<< I think the public is being serviced. The late Johny Carson once said about this kind of service that he grew up in a rural area and understood what the term service meant. >>Naturally, those businesses will most certainly be better off than when these men and women left them to work in what I loosely term public service. After all, I’m not convinced that there is much servicing the public going on in DC any more. It’s more like servicing the wealthy and their bank accounts.<<
I think the public is being serviced. The late Johny Carson once said about this kind of service that he grew up in a rural area and understood what the term service meant.

]]> By: johndoraemi http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28779 johndoraemi Wed, 24 Sep 2008 18:46:45 +0000 http://www.dissidentvoice.org/?p=3318#comment-28779 BETTER THAN ANY BAILOUT Let's Play the "Blame Game" Instead Crimes of the State Taxpayers, Americans, rational people, I have a modest proposal. Instead of spending $700 Billion to buy bad debt from the bank shark fraudsters, let us spend merely 1/2 of $1 Billion to build a new SuperDuper Prison(TM), and round up all the organized crime figures who are attempting to defraud the People of the United States of multiple generations' worth of wealth. Start with Phil Gramm and Robert Rubin (a bipartisan effort!), who were most instrumental in this crime, by abusing their offices and the trust of the nation, and engaging in gross malfeasance. Malfeasance at this level should not be ignored. It only encourages more criminal activity. I know, I know, we're not allowed to play the "blame game" because White House press secretaries have forbidden it. (Odd how they cash in on the blame in their memoirs after they leave the post... but, I digress.) From 9/11, to WMDs, to flushing untold billions of dollars down the toilet, no one should be blamed, we are told. Shit happens. Maybe they're just "incompetent" stealing all that money -- or would that make them "competent?" Tough call. But, just for a minute let us consider actually blaming someone in the government for doing a bad job? Certainly this must have happened before? There must be some precedent where a government official was held accountable for something? Perhaps that's too absurd to consider here in Amerika 2.0. Maybe in fiction, someone will create a magical far away land where criminal high officials get caught and punished. Maybe even a musical with catchy tunes (Evita?). Yeah, let's watch musicals instead, and let the hard working backroom boys get back to their statecraft and to restoring "dignity" to the nation. Or, let's call a crime a crime, and start demanding justice in no uncertain terms. As Obama is tied to Rubin and McCain is tied to Gramm, I see an ongoing criminal conspiracy, something the RICO statutes were designed to prosecute. ('RICO, RICO, off to jail we go...' It's got musical potential, too!) # BETTER THAN ANY BAILOUT

Let’s Play the “Blame Game” Instead

Crimes of the State

Taxpayers, Americans, rational people, I have a modest proposal. Instead of spending $700 Billion to buy bad debt from the bank shark fraudsters, let us spend merely 1/2 of $1 Billion to build a new SuperDuper Prison(TM), and round up all the organized crime figures who are attempting to defraud the People of the United States of multiple generations’ worth of wealth.

Start with Phil Gramm and Robert Rubin (a bipartisan effort!), who were most instrumental in this crime, by abusing their offices and the trust of the nation, and engaging in gross malfeasance.

Malfeasance at this level should not be ignored. It only encourages more criminal activity.

I know, I know, we’re not allowed to play the “blame game” because White House press secretaries have forbidden it. (Odd how they cash in on the blame in their memoirs after they leave the post… but, I digress.)

From 9/11, to WMDs, to flushing untold billions of dollars down the toilet, no one should be blamed, we are told. Shit happens. Maybe they’re just “incompetent” stealing all that money — or would that make them “competent?” Tough call.

But, just for a minute let us consider actually blaming someone in the government for doing a bad job? Certainly this must have happened before? There must be some precedent where a government official was held accountable for something?

Perhaps that’s too absurd to consider here in Amerika 2.0.

Maybe in fiction, someone will create a magical far away land where criminal high officials get caught and punished. Maybe even a musical with catchy tunes (Evita?). Yeah, let’s watch musicals instead, and let the hard working backroom boys get back to their statecraft and to restoring “dignity” to the nation.

Or, let’s call a crime a crime, and start demanding justice in no uncertain terms.

As Obama is tied to Rubin and McCain is tied to Gramm, I see an ongoing criminal conspiracy, something the RICO statutes were designed to prosecute.

(‘RICO, RICO, off to jail we go…’ It’s got musical potential, too!)

#

]]> By: Donald Hawkins http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28767 Donald Hawkins Wed, 24 Sep 2008 16:09:27 +0000 http://www.dissidentvoice.org/?p=3318#comment-28767 Predator ( ) n. An organism that lives by preying on other organisms. One that victimizes, plunders, or destroys, especially for one's own gain. And let me add on a grand scale under the law sort of. Predator ( ) n. An organism that lives by preying on other organisms. One that victimizes, plunders, or destroys, especially for one’s own gain. And let me add on a grand scale under the law sort of.

]]> By: Brittanicus http://dissidentvoice.org/2008/09/bailing-out-the-predators/#comment-28764 Brittanicus Wed, 24 Sep 2008 15:32:57 +0000 http://www.dissidentvoice.org/?p=3318#comment-28764 Keep Pressure on Senate to Pass E-Verify Reauthorization; No House Vote Held on Foreign-Worker Bills Tuesday, September 23, 2008, 5:25 PM Please contact your Senator through the Capitol Switchboard (202-224-3121) and ask him/her to pressure Senate Majority Leader Harry Reid (D-Nev.) to allow a vote this week on H.R. 6633, the House-passed E-Verify reauthorization bill. The E-Verify program will die in November if Congress does not reauthorize it before Members leave for the election recess on Friday. There are two ways in which Majority Leader Reid could facilitate a vote on the E-Verify reauthorization bill: 1. Ignore the hold Sen. Robert Menendez (D-N.J.) has placed on H.R. 6633, and allow a cloture vote on the Senate floor. If he does this, there easily will enough votes necessary to stop Menendez' filibuster and enable passage H.R. 6633; or 2. Avoid a vote altogether by talking to Menendez privately, persuading him that what he is doing is threatening the reputation of the Democratic Party just before elections and get him to withdraw his "hold" on H.R. 6633. Reid could then bring H.R. 6633 to the floor for a unanimous consent vote. Either way, the American worker and public wins. It is particularly important to put pressure on Democratic Senators to put an end to Menendez' grandstanding. If you call Republican Senators, please thank them for standing firm and ask them to not flinch. Good news from the House. The Judiciary Committee today did not take up H.R. 5882, which would add an additional 550,000 permanent green cards next year, and H.R. 5924, which would add 20,000 additional foreign nurses per year for three years (plus their families). It is not known if the Committee will still consider the bills before recess, or if the bill’s proponents will attempt to attach the measures to another bill destined for passage. IT'S YOUR FAMILIES FUTURE. DEPORTATION OR OVERPOPULATION. IF WE DON'T STOP IT NOW, THEY WILL KEEP COMING.. JOIN 756.000 other American patriots at www.numbersusa.com , to stop the travesty of our immigration laws. Learn about Immigration governmental corruption at www.judicialwatch.org Keep Pressure on Senate to Pass E-Verify Reauthorization; No House Vote Held on Foreign-Worker Bills

Tuesday, September 23, 2008, 5:25 PM

Please contact your Senator through the Capitol Switchboard (202-224-3121) and ask him/her to pressure Senate Majority Leader Harry Reid (D-Nev.) to allow a vote this week on H.R. 6633, the House-passed E-Verify reauthorization bill. The E-Verify program will die in November if Congress does not reauthorize it before Members leave for the election recess on Friday.

There are two ways in which Majority Leader Reid could facilitate a vote on the E-Verify reauthorization bill:

1. Ignore the hold Sen. Robert Menendez (D-N.J.) has placed on H.R. 6633, and allow a cloture vote on the Senate floor. If he does this, there easily will enough votes necessary to stop Menendez’ filibuster and enable passage H.R. 6633; or

2. Avoid a vote altogether by talking to Menendez privately, persuading him that what he is doing is threatening the reputation of the Democratic Party just before elections and get him to withdraw his “hold” on H.R. 6633. Reid could then bring H.R. 6633 to the floor for a unanimous consent vote.

Either way, the American worker and public wins.

It is particularly important to put pressure on Democratic Senators to put an end to Menendez’ grandstanding. If you call Republican Senators, please thank them for standing firm and ask them to not flinch.

Good news from the House. The Judiciary Committee today did not take up H.R. 5882, which would add an additional 550,000 permanent green cards next year, and H.R. 5924, which would add 20,000 additional foreign nurses per year for three years (plus their families). It is not known if the Committee will still consider the bills before recess, or if the bill’s proponents will attempt to attach the measures to another bill destined for passage.

IT’S YOUR FAMILIES FUTURE. DEPORTATION OR OVERPOPULATION. IF WE DON’T STOP IT NOW, THEY WILL KEEP COMING..

JOIN 756.000 other American patriots at http://www.numbersusa.com , to stop the travesty of our immigration laws. Learn about Immigration governmental corruption at http://www.judicialwatch.org

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