Thursday, October 02, 2008
Bailout?
I am very sceptical of this Wall St. bailout--even with all its sweeteners, it is only sweet for those who got us into this mess. We, the taxpayers are going to be paying for years for their follies. The new bailout does not even have us owning the companies we are saving. Nor, does the figure $700billion have any basis that I can find.
Barney Sanders wrote this : http://www.alternet.org/workplace/101224/bailout_passes_senate%3B_9_reasons_that%27s_bad_news_for_you/
and, my Congressman Maurice Hinchey wrote this:
WHY HINCHEY VOTED NO.... September 29, 2008 Hinchey Statement on Failure of Financial Bailout Bill Washington, DC - Congressman Maurice Hinchey (D-NY) today released the following statement after the House defeated a $700 billion financial bailout bill. The congressman voted against the measure. "While I recognize the need for some kind of a financial rescue package to free up the credit markets and restore stability to the entire financial system, I could not in good conscience vote for a bill that gives away $700 billion to the presidential administration that got us in this mess in the first place and doesn't make any sound economic investments in working and middle class Americans who are the ones in need of real financial assistance. Even Federal Reserve Chairman Bernanke and others have acknowledged that only $150 billion or so will be needed over the next five or six months. There is no legitimate argument for putting a $700 billion bailout on the shoulders of the American people when we can pass a rescue package with a much smaller dollar figure and reassess the situation next year under a new administration that is not the same administration as the one that got us in this mess. As we now have to go back to the drawing board, I expect that we'll see a much smaller package come forward that will effectively address the situation without placing an enormous new financial burden on American taxpayers. "I appreciate the urgency with which this bill was dealt. However, I wish my colleagues in Congress would have worked around the clock and through the weekend to reach an agreement on an economic stimulus bill that builds up the working and middle class and creates jobs. In fact, had they done so, I think a better bill would have passed today. We desperately need dramatic investments in our infrastructure -- with a particular focus on renewable energy projects, our education system, and our health care system. We also must provide real tax relief for working and middle class Americans who are the ones who could use some extra cash in their pockets as they face rising food, gas, and housing prices amidst uncertain employment circumstances. Last week, the House passed an economic stimulus bill that focuses on the right priorities that benefit the working and middle class, but President Bush threatened to veto the bill and his allies in the Senate blocked passage of the bill. I think it is critical that an economic stimulus bill be added as a component of any financial rescue measure because that's what will really stimulate growth in our economy. "The American economy is going through a very difficult time with many great challenges. It is imperative that our focus be on building up our economy with investments in the working and middle class. This bill ignores that component and instead focuses entirely on the Wall Street powerbrokers who were greedy and took advantage of the system. America was built on the shoulders of the working and middle class and our focus must be on rebuilding our economy through them as well."
Barney Sanders wrote this : http://www.alternet.org/workplace/101224/bailout_passes_senate%3B_9_reasons_that%27s_bad_news_for_you/
and, my Congressman Maurice Hinchey wrote this:
WHY HINCHEY VOTED NO.... September 29, 2008 Hinchey Statement on Failure of Financial Bailout Bill Washington, DC - Congressman Maurice Hinchey (D-NY) today released the following statement after the House defeated a $700 billion financial bailout bill. The congressman voted against the measure. "While I recognize the need for some kind of a financial rescue package to free up the credit markets and restore stability to the entire financial system, I could not in good conscience vote for a bill that gives away $700 billion to the presidential administration that got us in this mess in the first place and doesn't make any sound economic investments in working and middle class Americans who are the ones in need of real financial assistance. Even Federal Reserve Chairman Bernanke and others have acknowledged that only $150 billion or so will be needed over the next five or six months. There is no legitimate argument for putting a $700 billion bailout on the shoulders of the American people when we can pass a rescue package with a much smaller dollar figure and reassess the situation next year under a new administration that is not the same administration as the one that got us in this mess. As we now have to go back to the drawing board, I expect that we'll see a much smaller package come forward that will effectively address the situation without placing an enormous new financial burden on American taxpayers. "I appreciate the urgency with which this bill was dealt. However, I wish my colleagues in Congress would have worked around the clock and through the weekend to reach an agreement on an economic stimulus bill that builds up the working and middle class and creates jobs. In fact, had they done so, I think a better bill would have passed today. We desperately need dramatic investments in our infrastructure -- with a particular focus on renewable energy projects, our education system, and our health care system. We also must provide real tax relief for working and middle class Americans who are the ones who could use some extra cash in their pockets as they face rising food, gas, and housing prices amidst uncertain employment circumstances. Last week, the House passed an economic stimulus bill that focuses on the right priorities that benefit the working and middle class, but President Bush threatened to veto the bill and his allies in the Senate blocked passage of the bill. I think it is critical that an economic stimulus bill be added as a component of any financial rescue measure because that's what will really stimulate growth in our economy. "The American economy is going through a very difficult time with many great challenges. It is imperative that our focus be on building up our economy with investments in the working and middle class. This bill ignores that component and instead focuses entirely on the Wall Street powerbrokers who were greedy and took advantage of the system. America was built on the shoulders of the working and middle class and our focus must be on rebuilding our economy through them as well."
Labels: Economy, Maurice Hinchey, Sanders, wall st. bailout
Tuesday, June 24, 2008
Impeach!
From Joel Tyner:
H.RES.1258 Title: Impeaching George W. Bush, President of the United States, of high crimes and misdemeanors. Sponsor: Rep Kucinich, Dennis J. [OH-10] (introduced 6/10/2008 Cosponsors (5) Latest Major Action: 6/11/2008 House floor actions. Status: On motion to refer the resolution Agreed to by the Yeas and Nays: 251 - 166 (Roll No. 401). COSPONSORS(5), BY DATE [order is left to right] Rep Wexler, Robert [FL-19] - 6/11/2008 , Rep Woolsey, Lynn C. [CA-6] - 6/11/, Rep Lee, Barbara [CA-9] - 6/11/, Rep Hinchey, Maurice D. [NY-22] - 6/18/2008 , Rep Baldwin, Tammy [WI-2] - 6/18/2008
[time to call rest of Congress on this-- at (800) 828-0498!...(pass it on)]
In fact...did you know that literally five major polls over the last few years (from Zogby, Newsweek, Ipsos, and American Research Group) have proven repeatedly that the vast majority of us across the U.S. do, in fact, favor Bush/Cheney impeachment?...(media blackout of national sentiment censored for years):
-- July 2007 American Research Group national poll of 1,100 Americans;
-- January 2006 Zogby national poll of 1,216 Americans;
-- October 2005 Ipsos Public Affairs national poll of 1,001 Americans;
-- October 2005 Zogby national poll of 1,200 Americans;
-- October 2006 Newsweek national poll of Americans.
[ http://rawstory.com/news/2007/Threepart_case_for_Cheneys_impeachment_ made_0706.html ;
http://www.democrats.com/bush-impeachment-poll-2 ;
http://www.afterdowningstreet.org/?q=node/3528 ;
http://www.impeachpac.org/?q=node/6 ;
http://www.afterdowningstreet.org/node/14897 ]
Also-- well over 100 Dutchess residents have signed on the petition started by yours truly to impeach Mr. Bush (including many prominent Dems from across the county; click on "View Signatures"); join us http://www.PetitionOnline.com/ImpeachW and http://www.WexlerWantsHearings.com !...(pass it on)...
Twelve Reasons to Impeach Bush/Cheney for High Crimes and Misdemeanors Against Constitution
[from David Swanson; click on http://www.afterdowningstreet.org/node/9171 for much more]
Memo from a January 2003 White House meeting of Bush and Blair at which Bush made clear that the U.S. would go to war with or without the United Nations and proposed various strategems to try to create a justification for war, a report that the CIA had strong evidence before the war that Iraq possessed no weapons of mass destruction, a January, 2003, State Department memo showing awareness that Niger documents were forgeries, a report that Bush was personally informed that the aluminum tubes claims were not supported by the State Department or the Department of Energy and that Iraq was very unlikely to attack the United States, testimony that Bush and Cheney were involved in the leaking of misleading classified information and in a campaign of retribution against Joseph Wilson, Paul Pillar, who was the CIA's national intelligence officer for the Middle East and South Asia from 2000 to 2005, report that facts were fixed to support going to war, top aide to Secretary of State says facts were fixed to support going to war, an Amnesty International report on ongoing torture and unlawful detention. reports that almost 100 prisoners have died in US custody, "State of War" report by James Risen reveals illegal spying and reports on meeting between MI6 and CIA that preceded the Downing Street Meeting in July 2002, "Constitution in Crisis" report by John Conyers summarizing evidence of illegal activities, and Henry Waxman report on 237 Bush administration lies in searchable database...
H.RES.1258 Title: Impeaching George W. Bush, President of the United States, of high crimes and misdemeanors. Sponsor: Rep Kucinich, Dennis J. [OH-10] (introduced 6/10/2008 Cosponsors (5) Latest Major Action: 6/11/2008 House floor actions. Status: On motion to refer the resolution Agreed to by the Yeas and Nays: 251 - 166 (Roll No. 401). COSPONSORS(5), BY DATE [order is left to right] Rep Wexler, Robert [FL-19] - 6/11/2008 , Rep Woolsey, Lynn C. [CA-6] - 6/11/, Rep Lee, Barbara [CA-9] - 6/11/, Rep Hinchey, Maurice D. [NY-22] - 6/18/2008 , Rep Baldwin, Tammy [WI-2] - 6/18/2008
[time to call rest of Congress on this-- at (800) 828-0498!...(pass it on)]
In fact...did you know that literally five major polls over the last few years (from Zogby, Newsweek, Ipsos, and American Research Group) have proven repeatedly that the vast majority of us across the U.S. do, in fact, favor Bush/Cheney impeachment?...(media blackout of national sentiment censored for years):
-- July 2007 American Research Group national poll of 1,100 Americans;
-- January 2006 Zogby national poll of 1,216 Americans;
-- October 2005 Ipsos Public Affairs national poll of 1,001 Americans;
-- October 2005 Zogby national poll of 1,200 Americans;
-- October 2006 Newsweek national poll of Americans.
[ http://rawstory.com/news/2007/Threepart_case_for_Cheneys_impeachment_ made_0706.html ;
http://www.democrats.com/bush-impeachment-poll-2 ;
http://www.afterdowningstreet.org/?q=node/3528 ;
http://www.impeachpac.org/?q=node/6 ;
http://www.afterdowningstreet.org/node/14897 ]
Also-- well over 100 Dutchess residents have signed on the petition started by yours truly to impeach Mr. Bush (including many prominent Dems from across the county; click on "View Signatures"); join us http://www.PetitionOnline.com/ImpeachW and http://www.WexlerWantsHearings.com !...(pass it on)...
Twelve Reasons to Impeach Bush/Cheney for High Crimes and Misdemeanors Against Constitution
[from David Swanson; click on http://www.afterdowningstreet.org/node/9171 for much more]
Memo from a January 2003 White House meeting of Bush and Blair at which Bush made clear that the U.S. would go to war with or without the United Nations and proposed various strategems to try to create a justification for war, a report that the CIA had strong evidence before the war that Iraq possessed no weapons of mass destruction, a January, 2003, State Department memo showing awareness that Niger documents were forgeries, a report that Bush was personally informed that the aluminum tubes claims were not supported by the State Department or the Department of Energy and that Iraq was very unlikely to attack the United States, testimony that Bush and Cheney were involved in the leaking of misleading classified information and in a campaign of retribution against Joseph Wilson, Paul Pillar, who was the CIA's national intelligence officer for the Middle East and South Asia from 2000 to 2005, report that facts were fixed to support going to war, top aide to Secretary of State says facts were fixed to support going to war, an Amnesty International report on ongoing torture and unlawful detention. reports that almost 100 prisoners have died in US custody, "State of War" report by James Risen reveals illegal spying and reports on meeting between MI6 and CIA that preceded the Downing Street Meeting in July 2002, "Constitution in Crisis" report by John Conyers summarizing evidence of illegal activities, and Henry Waxman report on 237 Bush administration lies in searchable database...
Labels: impeachment resolution, Maurice Hinchey
