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Had me a good job, and a little house, for the first time in my life
But I lost the job, they shipped it over seas
I call up my banker, but he don't wanna hear from me
Ain't got no house, foreclosed
Ain't got no car, repossessed
Ain't got no 401K, stock market crash
Ain't got no pension, Chapter 11...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Testing a home made macro kit on a one dollar bill.
I put together a reverse lens macro kit which consisted of:
Canon 28-90 Zoom Lens (From a film Rebel G EOS)
Canon Body Cap
55mm UV Filter
I cut out the center of the body cap, glued the 55mm Filter onto it, then screwed on the lens.
I'd actually just finished gluing the filter to the bodycap. As soon as it was dry, I looked for the first thing at hand to test it out and pulled a dollar bill out of my pocket.
The bill was not flat it was kinda wavy which is why the eye is in focus but the nose is blurred. At full size, you can see the fibers in the bill.
There is no aperture control, only shutter spped and the DOF is minuscule but the macros are extreme!! More pics to follow.
Thanks to my friend Matt for all the help.
"New series of stock in the Fifth and York Building & Loan Association will be issued on the evening of Thursday, October 17th, 1929, at the office of Horace A. C. Kopp, 2405 N. Fifth St. It is not what you earn, but what you save that counts."
I wonder how the Fifth and York Building and Loan Association, located in Philadelphia, Pa., fared as it issued stock just before the Wall Street Crash of 1929. The date of its stock issuance was one week before October 24, "Black Thursday," which was the start of the stock market crash at the New York Stock Exchange.
New Yorkers Protest the US$850 BILLION (US$3 TRILLION) Wall Street BAILOUT: Wall Street, NYC - September 25, 2008
VOTE YOUR CONSCIENCE on 04 NOVEMBER 2008!
Photographer: a. golden, eyewash design - c. 2008.
Friends,
The richest 400 Americans -- that's right, just four-hundred people -- own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion -- the same amount that they were demanding We give to them for the "bailout." Why don't they just spend the money they made under Bush to bail themselves out? They'd still have nearly a trillion dollars left over to spread amongst themselves!
Of course, they are not going to do that -- at least not voluntarily. George W. Bush was handed a $127 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do -- spend it and never look back. Now we have a $9.5 trillion debt that will take seven generations from which to recover. Why -- on --earth – did -- our -- "representatives" -- give -- these -- robber -- barons -- $US850 BILLION -- of – OUR -- money?
Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE...IS...NO…FREE... LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their "No" Vote & said "Yes", in a rush version of a "bailout" bill vote. IN SPITE OF THE PEOPLE'S OVERWHELMING DISAPPROVAL OF THIS BAILOUT BILL... IN SPITE OF MILLIONS OF CALLS FROM THE PEOPLE CRASHING WASHINGTON "representatives'" PHONE LINES...IN SPITE OF CRASHING OUR POLITICIAN'S WEBSITES...IN SPITE OF HUNDREDS OF THOUSANDS OF PEOPLE PROTESTING AROUND THE COUNTRY... THEY VOTED FOR THIS BAILOUT! The People first succeeded on Monday with the House, but failed do it with the Senate and then THE HOUSE TURNED ON US TOO!
It is clear, though, we cannot simply continue protesting without proposing exactly what it is we think THESE IDIOTS should/'ve do/one. So, after consulting with a number of people smarter than Phil Gramm, here’s the proposal, now known as "Mike's Rescue Plan." (From Michael Moore's Bailout Plan) It has 10 simple, straightforward points. They are that you DIDN'T, BUT SHOULD'VE:
1. APPOINTED A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE. Before any new money was expended, Congress should have committed, by resolution, to CRIMINALLY PROSECUTE ANYONE who had ANYTHING to do with the attempted SACKING OF OUR ECONOMY. This means that anyone who committed insider trading, securities fraud or any action that helped bring about this collapse should have and MUST GO TO JAIL! This Congress SHOULD HAVE called for a Special Prosecutor who would vigorously go after everyone who created the mess, and anyone else who attempts to scam the public in future. (I like Elliot Spitzer ~ so, he played a little hanky-panky...Wall Street hates him & this is a GOOD thing.)
2. THE RICH SHOULD HAVE PAID FOR THEIR OWN BAILOUT! They may have to live in 5 houses instead of 7. They may have to drive 9 cars instead of 13. The chef for their mini-terriers may have to be reassigned. But there is no way in hell, after forcing family incomes to go down more than $2,000 dollars during the Bush years, that working people and the middle class should have to fork over one dime to underwrite the next yacht purchase.
If they truly needed the $850 billion they say they needed, well, here is an easy way they could have raised it:
a) Every couple makeing over a million dollars a year and every single taxpayer who makes over $500,000 a year should pay a 10% surcharge tax for five years. (It's the Senator Sanders plan. He's like Colonel Sanders, only he's out to fry the right chickens.) That means the rich would have still been paying less income tax than when Carter was president. That would have raise a total of $300 billion.
b) Like nearly every other democracy, they should have charged a 0.25% tax on every stock transaction. This would have raised more than $200 billion in a year.
c) Because every stockholder is a patriotic American, stockholders should have forgone receiving a dividend check for ONE quarter and instead this money would have gone the treasury to help pay for the bullsh*t bailout.
d) 25% of major U.S. corporations currently pay NO federal income tax. Federal corporate tax revenues currently amount to 1.7% of the GDP compared to 5% in the 1950s. If we raised the corporate income tax BACK to the levels of the 1950s, this would give us an extra $500 billion.
All of this combined should have been enough to end the calamity. The rich would have gotten to keep their mansions and their servants and our United States government ("COUNTRY FIRST!") would've have a little leftover to repair some roads, bridges and schools...
3. YOU SHOULD HAVE BAIL OUT THE PEOPLE LOSING THEIR HOMES, NOT THE PEOPLE WHO WILL BUILD AN EIGHTH HOME! There are 1.3 million homes in foreclosure right now. That is what is at the heart of this problem. So, instead of giving the money to the banks as a gift, they should have paid down each of these mortgages by $100,000. They should have forced the banks to renegotiate the mortgage so the homeowner could pay on its current value. To insure that this help wouldn't go to speculators and those who tried to making money by flipping houses, the bailout should have only been for people's primary residences. And, in return for the $100K pay-down on the existing mortgage, the government would have gotten to share in the holding of the mortgage so it could get some of its money back. Thus, the total initial cost of fixing the mortgage crisis at its roots (instead of with the greedy lenders) is $150 billion, not $850 BILLION.
And let's set the record straight. People who have defaulted on their mortgages are not "bad risks." They are our fellow Americans, and all they wanted was what we all want: a home to call their own. But, during the Bush years, millions of the People lost the decent paying jobs they had. SIX MILLION fell into poverty! SEVEN MILLION lost their health insurance! And, every one of them saw their real wages go DOWN by $2,000! Those who DARE look down on these Americans who got hit with one bad break after another should be ASHAMED.! We are a better, stronger, safer and happier society when all of our citizens can afford to live in a home they own.
4. THERE SHOULD HAVE BEEN A STIPULATION THAT IF YOUR BANK OR COMPANY GOT ANY OF OUR MONEY IN A "BAILOUT," THEN WE OWN YOU. Sorry, that's how it's done. If the bank gives me money so I can buy a house, the bank "owns" that house until I pay it all back -- with interest. Same deal for Wall Street. Whatever money you need to stay afloat, if our government considers you a safe risk -- and necessary for the good of the country -- then you can get a loan, but WE SHOULD OWN YOU. If you default, we will sell you. This is how the Swedish government did it and it worked.
5. ALL REGULATIONS SHOULD HAVE BEEN BE RESTORED. THE REAGAN REVOLUTION IS DEAD! This catastrophe happened because we let the fox have the keys to the hen-house. In 1999, Phil Gramm authored a bill to remove all the regulations that governed Wall Street and our banking system. The bill passed and Clinton signed it. Here's what Sen.Phil Gramm, McCain's chief economic advisor, said at the bill signing:
"In the 1930s ... it was believed that government was the answer. It was believed that stability and growth came from government overriding the functioning of free markets.
"We are here today to repeal [that] because we have learned that government is not the answer. We have learned that freedom and competition are the answers. We have learned that we promote economic growth and we promote stability by having competition and freedom.
"I am proud to be here because this is an important bill; it is a deregulatory bill. I believe that that is the wave of the future, and I am awfully proud to have been a part of making it a reality."
FOR THIS NOT TO REOCCUR, This BILL SHOULD HAVE BEEN REPEALED! Bill Clinton could have helped by leading the effort for the repeal of the Gramm bill and the reinstating of even tougher regulations regarding our financial institutions. And when they were done with that, they should have restored the regulations for the airlines, the inspection of our food, the oil industry, OSHA, and every other entity that affects our daily lives. All oversight provisions for any "bailout" should have had enforcement monies attached to them and criminal penalties for all offenders.
6. IF IT'S TOO BIG TO FAIL, THEN THAT MEANS IT'S TOO BIG TO EXIST! Allowing the creation of these mega-mergers and not enforcing the monopoly and anti-trust laws has allowed a number of financial institutions and corporations to become so large, the very thought of their collapse means an even bigger collapse across the entire economy. No ONE or TWO companies should EVER have this kind of power! The so-called "economic Pearl Harbor" can't happen when you have hundreds -- thousands -- of institutions where people have their money. When we have a dozen auto companies, if one goes belly-up, we DON'T FACE A NATIONAL DISASTER! If we have three separately-owned daily newspapers in your town, then one media company can't call all the shots (I know... What am I thinking?! Who reads a paper anymore? Sure glad all those mergers and buyouts left us with a STRONG and "FREE" press!). Laws Should have been enacted to prevent companies from being so large and dominant that with one slingshot to the eye, the GIANT FALLS and DIES. And no institution should be allowed to set up money schemes that NO ONE understands. If you can't explain it in two sentences, you shouldn't be taking anyone's money!
7. NO EXECUTIVE SHOULD EVER BE PAID MORE THAN 40 TIMES THEIR AVERAGE EMPLOYEE, AND NO EXECUTIVE SHOULD RECEIVE ANY KIND OF "PARACHUTE" OTHER THAN THE VERY GENEROUS SALARY HE OR SHE MADE WHILE WORKING FOR THE COMPANY. In 1980, the average American CEO made 45 times what their employees made. By 2003, they were making 254 times what their workers made. After 8 years of Bush, they now make over 400 times what their average employee makes. How We have allowed this to happen at publicly held companies is beyond reason. In Britain, the average CEO makes 28 times what their average employee makes. In Japan, it's only 17 times! The last I heard, the CEO of Toyota was living the high life in Tokyo. How does he do it on so little money? Seriously, this is an OUTRAGE! We have created the mess we're in by letting the people at the top become bloated beyond belief with millions of dollars. THIS HAS TO STOP! Not only should no executive who receives help out of this mess profit from it, but any executive who was in charge of running his company into the ground should be FIRED before the company receives ANY help.
8. CONGRESS SHOULD HAVE STRENGTHENED THE FDIC AND MADE IT A MODEL FOR PROTECTING NOT ONLY PEOPLE'S SAVINGS, BUT ALSO THEIR PENSIONS AND THEIR HOMES. Obama was correct to propose expanding FDIC protection of people's savings in their banks to $250,000. But, this same sort of government insurance must be given to our NEVER have to worry about whether or not the money they've put away for their old age will be there. This should have meant strict government oversight of companies who manage their employees' funds -- or perhaps it means the companies should have been forced to turn over those funds and their management to the government? People's private retirement funds must also be protected, but perhaps it's time to consider not having one's retirement invested in the casino known as the stock market??? Our government should have a solemn duty to guarantee that no one who grows old in this country has to worry about becoming destitute.
9. EVERYBODY NEEDS TO TAKE A DEEP BREATH, CALM DOWN, AND NOT LET FEAR RULE THE DAY. Turn off your TVs! We are NOT in the Second Great Depression. The sky is NOT falling, Chicken Little! Pundits and politicians have lied to us so FAST and FURIOUS it's hard not to be affected by all the fear mongering. Even I wrote to and repeated what I heard on the news last week, that the Dow had the biggest one day drop in its history. Well, that was true in terms of points, but its 7% drop came nowhere close to Black Monday in 1987 when the stock market in one day lost 23% of its value. In the '80s, 3,000 banks closed, but America didn't go out of business. These institutions have always had their ups and downs and eventually it works out. It has to, because the rich do not like their wealth being disrupted! They have a vested interest in calming things down and getting back into their Jacuzzis before they slip into their million thread-count sheets to drift off to a peaceful, Vodka tonic and Ambien-induced slumber.
As crazy as things are right now, tens of thousands of people got a car loan last week. Thousands went to the bank and got a mortgage to buy a home. Students just back to college found banks more than happy to put them into hock for the next 15 years with a student loan. I was even pre-approved for a US$5K personal loan. Yes, life has gone on with little-or-no-change (other than the whopping 6.1% umeployment rate, but that happened last month). Not a single person lost any of his/her monies in bank, or a treasury note, or in a CD. And, the perhaps the most amazing thing is that the American public FINALLY didn't buy the scare campaign. The citizens didn't blink, instead telling Congress to take that bailout and shove it. THAT was impressive. Why didn't the population succumb to the fright-filled warnings from their president and his cronies? Well, you can only say 'Saddam has the bomb' so many times before the people realize you're a lying sack of shit. After eight long years, the nation is worn out and simply can't take it any longer. The WORLD is fed up & I don't blame them.
10. THEY SHOULD HAVE CREATED A NATIONAL BANK, A "PEOPLE'S BANK." Since they're really itching to print up a trillion dollars, instead of giving it to a few rich people, why don't We give it to ourselves? Now that We own Freddie and Fannie, why not set up a People's bank? One that can provide low-interest loans for all sorts of people who want to own a home, start a small business, go to school, come up with the cure for cancer or create the next great invention. And, now that we own AIG - the country's largest insurance company - let's take the next step and PROVIDE HEALTH INSURANCE FOR EVERYONE. MEDICARE FOR ALL! It will SAVE us SO MUCH MONEY in the LONG RUN (not to mention bring peace of mind to all). And, America won't be 12th on the life expectancy list! We'll be able to have a longer lifespan, enjoying our government-protected pension and will live to see the day when the corporate criminals who caused this much misery are let out of prison so that We can help re-acclimate them to plain old ordinary, civilian life -- a life with ONE nice home and ONE gas-free car invented with help from the People's Bank.
P.S. Call your Senators NOW !!! ---> www.visi.com/juan/congress/
Since they voted against passing the extension of unemployment benefits and skipped out to "campaign" to us to be re-elected...call them and tell them you will vote for the other "guy" if they don't get their act together!
UPDATE:
The Bailout Is A Truly Evil Disaster And Enabler Pelosi Must Go
We are hearing more and more reports of how badly the ill-advised banker's bailout is being handled, multi-million dollar bonuses for Paulson's old cronies at Goldman Sachs, billions going to finance the takeover of rival banks, making the "too big to fail" even bigger, and the taxpayer getting an otherwise rotten deal for their investment. We even heard a Republic senator asking how fast they could blow the money.
NONE of this could have happened without the fawning complicity of Nancy Pelosi, who infamously said it was Bush's proposal, INSTEAD of coming forward with a robust alternative plan. Just like Bush, she believes she is immune, she believes she is unaccountable, and shame on us if we don't do everything we can to defeat her this Tuesday, and replace her with Cindy Sheehan.
Here is Cindy's last TV spot. Please make whatever donation you can to put this ad on the air in these critical final days.
Last Cindy TV Spot Action Page:
www.usalone.com/cindy/donations_tv2.php
There is still time for you to make a real difference. We thank all of our participants who have already donated so generously to make this campaign what it is. For those who cannot make a contribution, please consider helping with the phone banking, and there is a link for that also on the page above.
The one thing we know is that we must continue to speak out. We must continue to challenge. Surrendering is what our current so-called representatives in Congress are so prone to, NOT what we do. Ultimate victory is not only possible, it is assured if we work as hard as we can for real change, not just the rebranding of the same old boys'
network.
And we promise you, immediately after the election we will go right back to work on pure issue advocacy full time, to continue to build the base of action for the future.
Paid for by Cindy Sheehan for Congress
Donations to Cindy Sheehan for Congress are not tax-deductible
Please take action NOW, so we can win all victories that are supposed to be ours, and forward this alert as widely as possible.
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Photo of 2010 installation "A Sign in the Northwest Passage by artist Kevin Schmidt. Permission to post this cropped photo granted by the artist who boldly framed the warnings of the author of Revelation. His arrangement of different sized words enhances the severity of this biblical warning.
The "picture" "painted" by the author of the biblical book of Revelation is a troubling one. All the more so for our generation as we have already begun to see these scenarios beginning to happen globally with increase with global warming and human-created pollution.
Some religious people interpret these catastrophes as "acts of God". But the climax of Revelation, as with many biblical texts, is found in the middle of the work, not at the end: The 24 Elders sitting around God's Throne sing, "We give thanks, O [Creator] God, for you have [finally] taken your power & begun to reign...Now is the time to...destroy THOSE WHO DESTROY THE EARTH." (Rev. 11:17-18).
NB: according to this text, we humans are the destroyers of Earth, not the Creator who "so loves the world"!
While we've seen the warning signs for decades now, and have been slow to rectify the human-caused reasons for the destructive climate change that we are now experiencing big time, autocrats and wannabe dictators are starting wars-- whether geographical conflicts or trade wars--which distract the world from doing all we can to unite and act responsibly in cleaning up our mess--before it's too late! (It would seem we've already reached the tipping point.)
There are individuals and groups who are doing tremendous work to try to reverse some of the effects of climate change, but without political leadership to enact legislation to curb pollution through regulation, and corporations getting on board using their wealth to focus on green energy everywhere, it would appear we're about to create a disastrous apocalypse on our planet.
All the more reason to protest autocratic and idiocratic administrations!
Hands Off Protests in the USA & London, April 2, 2025. Check out handsoff2025.com for locations for non-violent demonstrations.
Brooklyn Daily Eagle headline: "Wall St. in Panic as Stocks Crash," October 24, 1929 (Black Thursday).
894.5
American Dream on the Rocks - © 2018 David Oppenheimer - Performance Impressions photography archives - www.performanceimpressions.com
These images were photographed in www.Brmlab.cz images taken by Jamison Young, the negatives were put onto a glass slide overhead projector by ATA (Petr from Brmlab) the brain man, these images are licensed under Creative Commons license, they are out of copyright and its not possible to know who the author is, if you have any information on the people in this slide or anything else, please contribute, or if you use please place the link to your blog here. Your welcome to use this image as you choose without attribution if possible, and remix as you want. www.jamyoung.net
BLOGGED: 20 Nov. 2008: www.counterspinyc.blogspot.com/
New Yorkers Protest the US$850 BILLION (US$3 TRILLION) Wall Street BAILOUT: Wall Street, NYC - September 25, 2008
VOTE YOUR CONSCIENCE on 04 NOVEMBER 2008!
Photographer: a. golden, eyewash design - c. 2008.
This boy was having a BALL. Bailout? Ok. I just want to raise my fist!
Friends,
The richest 400 Americans -- that's right, just four-hundred people -- own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion -- the same amount that they were demanding We give to them for the "bailout." Why don't they just spend the money they made under Bush to bail themselves out? They'd still have nearly a trillion dollars left over to spread amongst themselves!
Of course, they are not going to do that -- at least not voluntarily. George W. Bush was handed a $127 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do -- spend it and never look back. Now we have a $9.5 trillion debt that will take seven generations from which to recover. Why -- on --earth – did -- our -- "representatives" -- give -- these -- robber -- barons -- $US850 BILLION -- of – OUR -- money?
Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE...IS...NO…FREE... LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their "No" Vote & said "Yes", in a rush version of a "bailout" bill vote. IN SPITE OF THE PEOPLE'S OVERWHELMING DISAPPROVAL OF THIS BAILOUT BILL... IN SPITE OF MILLIONS OF CALLS FROM THE PEOPLE CRASHING WASHINGTON "representatives'" PHONE LINES...IN SPITE OF CRASHING OUR POLITICIAN'S WEBSITES...IN SPITE OF HUNDREDS OF THOUSANDS OF PEOPLE PROTESTING AROUND THE COUNTRY... THEY VOTED FOR THIS BAILOUT! The People first succeeded on Monday with the House, but failed do it with the Senate and then THE HOUSE TURNED ON US TOO!
It is clear, though, we cannot simply continue protesting without proposing exactly what it is we think THESE IDIOTS should/'ve do/one. So, after consulting with a number of people smarter than Phil Gramm, here’s the proposal, now known as "Mike's Rescue Plan." (From Michael Moore's Bailout Plan) It has 10 simple, straightforward points. They are that you DIDN'T, BUT SHOULD'VE:
1. APPOINTED A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE. Before any new money was expended, Congress should have committed, by resolution, to CRIMINALLY PROSECUTE ANYONE who had ANYTHING to do with the attempted SACKING OF OUR ECONOMY. This means that anyone who committed insider trading, securities fraud or any action that helped bring about this collapse should have and MUST GO TO JAIL! This Congress SHOULD HAVE called for a Special Prosecutor who would vigorously go after everyone who created the mess, and anyone else who attempts to scam the public in future. (I like Elliot Spitzer ~ so, he played a little hanky-panky...Wall Street hates him & this is a GOOD thing.)
2. THE RICH SHOULD HAVE PAID FOR THEIR OWN BAILOUT! They may have to live in 5 houses instead of 7. They may have to drive 9 cars instead of 13. The chef for their mini-terriers may have to be reassigned. But there is no way in hell, after forcing family incomes to go down more than $2,000 dollars during the Bush years, that working people and the middle class should have to fork over one dime to underwrite the next yacht purchase.
If they truly needed the $850 billion they say they needed, well, here is an easy way they could have raised it:
a) Every couple makeing over a million dollars a year and every single taxpayer who makes over $500,000 a year should pay a 10% surcharge tax for five years. (It's the Senator Sanders plan. He's like Colonel Sanders, only he's out to fry the right chickens.) That means the rich would have still been paying less income tax than when Carter was president. That would have raise a total of $300 billion.
b) Like nearly every other democracy, they should have charged a 0.25% tax on every stock transaction. This would have raised more than $200 billion in a year.
c) Because every stockholder is a patriotic American, stockholders should have forgone receiving a dividend check for ONE quarter and instead this money would have gone the treasury to help pay for the bullsh*t bailout.
d) 25% of major U.S. corporations currently pay NO federal income tax. Federal corporate tax revenues currently amount to 1.7% of the GDP compared to 5% in the 1950s. If we raised the corporate income tax BACK to the levels of the 1950s, this would give us an extra $500 billion.
All of this combined should have been enough to end the calamity. The rich would have gotten to keep their mansions and their servants and our United States government ("COUNTRY FIRST!") would've have a little leftover to repair some roads, bridges and schools...
3. YOU SHOULD HAVE BAIL OUT THE PEOPLE LOSING THEIR HOMES, NOT THE PEOPLE WHO WILL BUILD AN EIGHTH HOME! There are 1.3 million homes in foreclosure right now. That is what is at the heart of this problem. So, instead of giving the money to the banks as a gift, they should have paid down each of these mortgages by $100,000. They should have forced the banks to renegotiate the mortgage so the homeowner could pay on its current value. To insure that this help wouldn't go to speculators and those who tried to making money by flipping houses, the bailout should have only been for people's primary residences. And, in return for the $100K pay-down on the existing mortgage, the government would have gotten to share in the holding of the mortgage so it could get some of its money back. Thus, the total initial cost of fixing the mortgage crisis at its roots (instead of with the greedy lenders) is $150 billion, not $850 BILLION.
And let's set the record straight. People who have defaulted on their mortgages are not "bad risks." They are our fellow Americans, and all they wanted was what we all want: a home to call their own. But, during the Bush years, millions of the People lost the decent paying jobs they had. SIX MILLION fell into poverty! SEVEN MILLION lost their health insurance! And, every one of them saw their real wages go DOWN by $2,000! Those who DARE look down on these Americans who got hit with one bad break after another should be ASHAMED.! We are a better, stronger, safer and happier society when all of our citizens can afford to live in a home they own.
4. THERE SHOULD HAVE BEEN A STIPULATION THAT IF YOUR BANK OR COMPANY GOT ANY OF OUR MONEY IN A "BAILOUT," THEN WE OWN YOU. Sorry, that's how it's done. If the bank gives me money so I can buy a house, the bank "owns" that house until I pay it all back -- with interest. Same deal for Wall Street. Whatever money you need to stay afloat, if our government considers you a safe risk -- and necessary for the good of the country -- then you can get a loan, but WE SHOULD OWN YOU. If you default, we will sell you. This is how the Swedish government did it and it worked.
5. ALL REGULATIONS SHOULD HAVE BEEN BE RESTORED. THE REAGAN REVOLUTION IS DEAD! This catastrophe happened because we let the fox have the keys to the hen-house. In 1999, Phil Gramm authored a bill to remove all the regulations that governed Wall Street and our banking system. The bill passed and Clinton signed it. Here's what Sen.Phil Gramm, McCain's chief economic advisor, said at the bill signing:
"In the 1930s ... it was believed that government was the answer. It was believed that stability and growth came from government overriding the functioning of free markets.
"We are here today to repeal [that] because we have learned that government is not the answer. We have learned that freedom and competition are the answers. We have learned that we promote economic growth and we promote stability by having competition and freedom.
"I am proud to be here because this is an important bill; it is a deregulatory bill. I believe that that is the wave of the future, and I am awfully proud to have been a part of making it a reality."
FOR THIS NOT TO REOCCUR, This BILL SHOULD HAVE BEEN REPEALED! Bill Clinton could have helped by leading the effort for the repeal of the Gramm bill and the reinstating of even tougher regulations regarding our financial institutions. And when they were done with that, they should have restored the regulations for the airlines, the inspection of our food, the oil industry, OSHA, and every other entity that affects our daily lives. All oversight provisions for any "bailout" should have had enforcement monies attached to them and criminal penalties for all offenders.
6. IF IT'S TOO BIG TO FAIL, THEN THAT MEANS IT'S TOO BIG TO EXIST! Allowing the creation of these mega-mergers and not enforcing the monopoly and anti-trust laws has allowed a number of financial institutions and corporations to become so large, the very thought of their collapse means an even bigger collapse across the entire economy. No ONE or TWO companies should EVER have this kind of power! The so-called "economic Pearl Harbor" can't happen when you have hundreds -- thousands -- of institutions where people have their money. When we have a dozen auto companies, if one goes belly-up, we DON'T FACE A NATIONAL DISASTER! If we have three separately-owned daily newspapers in your town, then one media company can't call all the shots (I know... What am I thinking?! Who reads a paper anymore? Sure glad all those mergers and buyouts left us with a STRONG and "FREE" press!). Laws Should have been enacted to prevent companies from being so large and dominant that with one slingshot to the eye, the GIANT FALLS and DIES. And no institution should be allowed to set up money schemes that NO ONE understands. If you can't explain it in two sentences, you shouldn't be taking anyone's money!
7. NO EXECUTIVE SHOULD EVER BE PAID MORE THAN 40 TIMES THEIR AVERAGE EMPLOYEE, AND NO EXECUTIVE SHOULD RECEIVE ANY KIND OF "PARACHUTE" OTHER THAN THE VERY GENEROUS SALARY HE OR SHE MADE WHILE WORKING FOR THE COMPANY. In 1980, the average American CEO made 45 times what their employees made. By 2003, they were making 254 times what their workers made. After 8 years of Bush, they now make over 400 times what their average employee makes. How We have allowed this to happen at publicly held companies is beyond reason. In Britain, the average CEO makes 28 times what their average employee makes. In Japan, it's only 17 times! The last I heard, the CEO of Toyota was living the high life in Tokyo. How does he do it on so little money? Seriously, this is an OUTRAGE! We have created the mess we're in by letting the people at the top become bloated beyond belief with millions of dollars. THIS HAS TO STOP! Not only should no executive who receives help out of this mess profit from it, but any executive who was in charge of running his company into the ground should be FIRED before the company receives ANY help.
8. CONGRESS SHOULD HAVE STRENGTHENED THE FDIC AND MADE IT A MODEL FOR PROTECTING NOT ONLY PEOPLE'S SAVINGS, BUT ALSO THEIR PENSIONS AND THEIR HOMES. Obama was correct to propose expanding FDIC protection of people's savings in their banks to $250,000. But, this same sort of government insurance must be given to our NEVER have to worry about whether or not the money they've put away for their old age will be there. This should have meant strict government oversight of companies who manage their employees' funds -- or perhaps it means the companies should have been forced to turn over those funds and their management to the government? People's private retirement funds must also be protected, but perhaps it's time to consider not having one's retirement invested in the casino known as the stock market??? Our government should have a solemn duty to guarantee that no one who grows old in this country has to worry about becoming destitute.
9. EVERYBODY NEEDS TO TAKE A DEEP BREATH, CALM DOWN, AND NOT LET FEAR RULE THE DAY. Turn off your TVs! We are NOT in the Second Great Depression. The sky is NOT falling, Chicken Little! Pundits and politicians have lied to us so FAST and FURIOUS it's hard not to be affected by all the fear mongering. Even I wrote to and repeated what I heard on the news last week, that the Dow had the biggest one day drop in its history. Well, that was true in terms of points, but its 7% drop came nowhere close to Black Monday in 1987 when the stock market in one day lost 23% of its value. In the '80s, 3,000 banks closed, but America didn't go out of business. These institutions have always had their ups and downs and eventually it works out. It has to, because the rich do not like their wealth being disrupted! They have a vested interest in calming things down and getting back into their Jacuzzis before they slip into their million thread-count sheets to drift off to a peaceful, Vodka tonic and Ambien-induced slumber.
As crazy as things are right now, tens of thousands of people got a car loan last week. Thousands went to the bank and got a mortgage to buy a home. Students just back to college found banks more than happy to put them into hock for the next 15 years with a student loan. I was even pre-approved for a US$5K personal loan. Yes, life has gone on with little-or-no-change (other than the whopping 6.1% umeployment rate, but that happened last month). Not a single person lost any of his/her monies in bank, or a treasury note, or in a CD. And, the perhaps the most amazing thing is that the American public FINALLY didn't buy the scare campaign. The citizens didn't blink, instead telling Congress to take that bailout and shove it. THAT was impressive. Why didn't the population succumb to the fright-filled warnings from their president and his cronies? Well, you can only say 'Saddam has the bomb' so many times before the people realize you're a lying sack of shit. After eight long years, the nation is worn out and simply can't take it any longer. The WORLD is fed up & I don't blame them.
10. THEY SHOULD HAVE CREATED A NATIONAL BANK, A "PEOPLE'S BANK." Since they're really itching to print up a trillion dollars, instead of giving it to a few rich people, why don't We give it to ourselves? Now that We own Freddie and Fannie, why not set up a People's bank? One that can provide low-interest loans for all sorts of people who want to own a home, start a small business, go to school, come up with the cure for cancer or create the next great invention. And, now that we own AIG - the country's largest insurance company - let's take the next step and PROVIDE HEALTH INSURANCE FOR EVERYONE. MEDICARE FOR ALL! It will SAVE us SO MUCH MONEY in the LONG RUN (not to mention bring peace of mind to all). And, America won't be 12th on the life expectancy list! We'll be able to have a longer lifespan, enjoying our government-protected pension and will live to see the day when the corporate criminals who caused this much misery are let out of prison so that We can help re-acclimate them to plain old ordinary, civilian life -- a life with ONE nice home and ONE gas-free car invented with help from the People's Bank.
P.S. Call your Senators NOW !!! ---> www.visi.com/juan/congress/
Since they voted against passing the extension of unemployment benefits and skipped out to "campaign" to us to be re-elected...call them and tell them you will vote for the other "guy" if they don't get their act together!
UPDATE:
The Bailout Is A Truly Evil Disaster And Enabler Pelosi Must Go
We are hearing more and more reports of how badly the ill-advised banker's bailout is being handled, multi-million dollar bonuses for Paulson's old cronies at Goldman Sachs, billions going to finance the takeover of rival banks, making the "too big to fail" even bigger, and the taxpayer getting an otherwise rotten deal for their investment. We even heard a Republic senator asking how fast they could blow the money.
NONE of this could have happened without the fawning complicity of Nancy Pelosi, who infamously said it was Bush's proposal, INSTEAD of coming forward with a robust alternative plan. Just like Bush, she believes she is immune, she believes she is unaccountable, and shame on us if we don't do everything we can to defeat her this Tuesday, and replace her with Cindy Sheehan.
Here is Cindy's last TV spot. Please make whatever donation you can to put this ad on the air in these critical final days.
Last Cindy TV Spot Action Page:
www.usalone.com/cindy/donations_tv2.php
There is still time for you to make a real difference. We thank all of our participants who have already donated so generously to make this campaign what it is. For those who cannot make a contribution, please consider helping with the phone banking, and there is a link for that also on the page above.
The one thing we know is that we must continue to speak out. We must continue to challenge. Surrendering is what our current so-called representatives in Congress are so prone to, NOT what we do. Ultimate victory is not only possible, it is assured if we work as hard as we can for real change, not just the rebranding of the same old boys'
network.
And we promise you, immediately after the election we will go right back to work on pure issue advocacy full time, to continue to build the base of action for the future.
Paid for by Cindy Sheehan for Congress
Donations to Cindy Sheehan for Congress are not tax-deductible
Please take action NOW, so we can win all victories that are supposed to be ours, and forward this alert as widely as possible.
If you would like to get alerts like these, you can do so at www.usalone.net/in.htm
Or if you want to cease receiving our messages, just use the function at www.usalone.net/out.htm
usalone280b:3858
Powered by The People's Email Network Copyright 2008.
BLOGGED: 03 Nov. 2008: www.counterspinyc.blogspot.com/
New Yorkers Protest the US$850 BILLION (US$3 TRILLION) Wall Street BAILOUT: Wall Street, NYC - September 25, 2008
VOTE YOUR CONSCIENCE on 04 NOVEMBER 2008!
Photographer: a. golden, eyewash design - c. 2008.
Friends,
The richest 400 Americans -- that's right, just four-hundred people -- own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion -- the same amount that they were demanding We give to them for the "bailout." Why don't they just spend the money they made under Bush to bail themselves out? They'd still have nearly a trillion dollars left over to spread amongst themselves!
Of course, they are not going to do that -- at least not voluntarily. George W. Bush was handed a $127 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do -- spend it and never look back. Now we have a $9.5 trillion debt that will take seven generations from which to recover. Why -- on --earth – did -- our -- "representatives" -- give -- these -- robber -- barons -- $US850 BILLION -- of – OUR -- money?
Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE...IS...NO…FREE... LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their "No" Vote & said "Yes", in a rush version of a "bailout" bill vote. IN SPITE OF THE PEOPLE'S OVERWHELMING DISAPPROVAL OF THIS BAILOUT BILL... IN SPITE OF MILLIONS OF CALLS FROM THE PEOPLE CRASHING WASHINGTON "representatives'" PHONE LINES...IN SPITE OF CRASHING OUR POLITICIAN'S WEBSITES...IN SPITE OF HUNDREDS OF THOUSANDS OF PEOPLE PROTESTING AROUND THE COUNTRY... THEY VOTED FOR THIS BAILOUT! The People first succeeded on Monday with the House, but failed do it with the Senate and then THE HOUSE TURNED ON US TOO!
It is clear, though, we cannot simply continue protesting without proposing exactly what it is we think THESE IDIOTS should/'ve do/one. So, after consulting with a number of people smarter than Phil Gramm, here’s the proposal, now known as "Mike's Rescue Plan." (From Michael Moore's Bailout Plan) It has 10 simple, straightforward points. They are that you DIDN'T, BUT SHOULD'VE:
1. APPOINTED A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE. Before any new money was expended, Congress should have committed, by resolution, to CRIMINALLY PROSECUTE ANYONE who had ANYTHING to do with the attempted SACKING OF OUR ECONOMY. This means that anyone who committed insider trading, securities fraud or any action that helped bring about this collapse should have and MUST GO TO JAIL! This Congress SHOULD HAVE called for a Special Prosecutor who would vigorously go after everyone who created the mess, and anyone else who attempts to scam the public in future. (I like Elliot Spitzer ~ so, he played a little hanky-panky...Wall Street hates him & this is a GOOD thing.)
2. THE RICH SHOULD HAVE PAID FOR THEIR OWN BAILOUT! They may have to live in 5 houses instead of 7. They may have to drive 9 cars instead of 13. The chef for their mini-terriers may have to be reassigned. But there is no way in hell, after forcing family incomes to go down more than $2,000 dollars during the Bush years, that working people and the middle class should have to fork over one dime to underwrite the next yacht purchase.
If they truly needed the $850 billion they say they needed, well, here is an easy way they could have raised it:
a) Every couple makeing over a million dollars a year and every single taxpayer who makes over $500,000 a year should pay a 10% surcharge tax for five years. (It's the Senator Sanders plan. He's like Colonel Sanders, only he's out to fry the right chickens.) That means the rich would have still been paying less income tax than when Carter was president. That would have raise a total of $300 billion.
b) Like nearly every other democracy, they should have charged a 0.25% tax on every stock transaction. This would have raised more than $200 billion in a year.
c) Because every stockholder is a patriotic American, stockholders should have forgone receiving a dividend check for ONE quarter and instead this money would have gone the treasury to help pay for the bullsh*t bailout.
d) 25% of major U.S. corporations currently pay NO federal income tax. Federal corporate tax revenues currently amount to 1.7% of the GDP compared to 5% in the 1950s. If we raised the corporate income tax BACK to the levels of the 1950s, this would give us an extra $500 billion.
All of this combined should have been enough to end the calamity. The rich would have gotten to keep their mansions and their servants and our United States government ("COUNTRY FIRST!") would've have a little leftover to repair some roads, bridges and schools...
3. YOU SHOULD HAVE BAIL OUT THE PEOPLE LOSING THEIR HOMES, NOT THE PEOPLE WHO WILL BUILD AN EIGHTH HOME! There are 1.3 million homes in foreclosure right now. That is what is at the heart of this problem. So, instead of giving the money to the banks as a gift, they should have paid down each of these mortgages by $100,000. They should have forced the banks to renegotiate the mortgage so the homeowner could pay on its current value. To insure that this help wouldn't go to speculators and those who tried to making money by flipping houses, the bailout should have only been for people's primary residences. And, in return for the $100K pay-down on the existing mortgage, the government would have gotten to share in the holding of the mortgage so it could get some of its money back. Thus, the total initial cost of fixing the mortgage crisis at its roots (instead of with the greedy lenders) is $150 billion, not $850 BILLION.
And let's set the record straight. People who have defaulted on their mortgages are not "bad risks." They are our fellow Americans, and all they wanted was what we all want: a home to call their own. But, during the Bush years, millions of the People lost the decent paying jobs they had. SIX MILLION fell into poverty! SEVEN MILLION lost their health insurance! And, every one of them saw their real wages go DOWN by $2,000! Those who DARE look down on these Americans who got hit with one bad break after another should be ASHAMED.! We are a better, stronger, safer and happier society when all of our citizens can afford to live in a home they own.
4. THERE SHOULD HAVE BEEN A STIPULATION THAT IF YOUR BANK OR COMPANY GOT ANY OF OUR MONEY IN A "BAILOUT," THEN WE OWN YOU. Sorry, that's how it's done. If the bank gives me money so I can buy a house, the bank "owns" that house until I pay it all back -- with interest. Same deal for Wall Street. Whatever money you need to stay afloat, if our government considers you a safe risk -- and necessary for the good of the country -- then you can get a loan, but WE SHOULD OWN YOU. If you default, we will sell you. This is how the Swedish government did it and it worked.
5. ALL REGULATIONS SHOULD HAVE BEEN BE RESTORED. THE REAGAN REVOLUTION IS DEAD! This catastrophe happened because we let the fox have the keys to the hen-house. In 1999, Phil Gramm authored a bill to remove all the regulations that governed Wall Street and our banking system. The bill passed and Clinton signed it. Here's what Sen.Phil Gramm, McCain's chief economic advisor, said at the bill signing:
"In the 1930s ... it was believed that government was the answer. It was believed that stability and growth came from government overriding the functioning of free markets.
"We are here today to repeal [that] because we have learned that government is not the answer. We have learned that freedom and competition are the answers. We have learned that we promote economic growth and we promote stability by having competition and freedom.
"I am proud to be here because this is an important bill; it is a deregulatory bill. I believe that that is the wave of the future, and I am awfully proud to have been a part of making it a reality."
FOR THIS NOT TO REOCCUR, This BILL SHOULD HAVE BEEN REPEALED! Bill Clinton could have helped by leading the effort for the repeal of the Gramm bill and the reinstating of even tougher regulations regarding our financial institutions. And when they were done with that, they should have restored the regulations for the airlines, the inspection of our food, the oil industry, OSHA, and every other entity that affects our daily lives. All oversight provisions for any "bailout" should have had enforcement monies attached to them and criminal penalties for all offenders.
6. IF IT'S TOO BIG TO FAIL, THEN THAT MEANS IT'S TOO BIG TO EXIST! Allowing the creation of these mega-mergers and not enforcing the monopoly and anti-trust laws has allowed a number of financial institutions and corporations to become so large, the very thought of their collapse means an even bigger collapse across the entire economy. No ONE or TWO companies should EVER have this kind of power! The so-called "economic Pearl Harbor" can't happen when you have hundreds -- thousands -- of institutions where people have their money. When we have a dozen auto companies, if one goes belly-up, we DON'T FACE A NATIONAL DISASTER! If we have three separately-owned daily newspapers in your town, then one media company can't call all the shots (I know... What am I thinking?! Who reads a paper anymore? Sure glad all those mergers and buyouts left us with a STRONG and "FREE" press!). Laws Should have been enacted to prevent companies from being so large and dominant that with one slingshot to the eye, the GIANT FALLS and DIES. And no institution should be allowed to set up money schemes that NO ONE understands. If you can't explain it in two sentences, you shouldn't be taking anyone's money!
7. NO EXECUTIVE SHOULD EVER BE PAID MORE THAN 40 TIMES THEIR AVERAGE EMPLOYEE, AND NO EXECUTIVE SHOULD RECEIVE ANY KIND OF "PARACHUTE" OTHER THAN THE VERY GENEROUS SALARY HE OR SHE MADE WHILE WORKING FOR THE COMPANY. In 1980, the average American CEO made 45 times what their employees made. By 2003, they were making 254 times what their workers made. After 8 years of Bush, they now make over 400 times what their average employee makes. How We have allowed this to happen at publicly held companies is beyond reason. In Britain, the average CEO makes 28 times what their average employee makes. In Japan, it's only 17 times! The last I heard, the CEO of Toyota was living the high life in Tokyo. How does he do it on so little money? Seriously, this is an OUTRAGE! We have created the mess we're in by letting the people at the top become bloated beyond belief with millions of dollars. THIS HAS TO STOP! Not only should no executive who receives help out of this mess profit from it, but any executive who was in charge of running his company into the ground should be FIRED before the company receives ANY help.
8. CONGRESS SHOULD HAVE STRENGTHENED THE FDIC AND MADE IT A MODEL FOR PROTECTING NOT ONLY PEOPLE'S SAVINGS, BUT ALSO THEIR PENSIONS AND THEIR HOMES. Obama was correct to propose expanding FDIC protection of people's savings in their banks to $250,000. But, this same sort of government insurance must be given to our NEVER have to worry about whether or not the money they've put away for their old age will be there. This should have meant strict government oversight of companies who manage their employees' funds -- or perhaps it means the companies should have been forced to turn over those funds and their management to the government? People's private retirement funds must also be protected, but perhaps it's time to consider not having one's retirement invested in the casino known as the stock market??? Our government should have a solemn duty to guarantee that no one who grows old in this country has to worry about becoming destitute.
9. EVERYBODY NEEDS TO TAKE A DEEP BREATH, CALM DOWN, AND NOT LET FEAR RULE THE DAY. Turn off your TVs! We are NOT in the Second Great Depression. The sky is NOT falling, Chicken Little! Pundits and politicians have lied to us so FAST and FURIOUS it's hard not to be affected by all the fear mongering. Even I wrote to and repeated what I heard on the news last week, that the Dow had the biggest one day drop in its history. Well, that was true in terms of points, but its 7% drop came nowhere close to Black Monday in 1987 when the stock market in one day lost 23% of its value. In the '80s, 3,000 banks closed, but America didn't go out of business. These institutions have always had their ups and downs and eventually it works out. It has to, because the rich do not like their wealth being disrupted! They have a vested interest in calming things down and getting back into their Jacuzzis before they slip into their million thread-count sheets to drift off to a peaceful, Vodka tonic and Ambien-induced slumber.
As crazy as things are right now, tens of thousands of people got a car loan last week. Thousands went to the bank and got a mortgage to buy a home. Students just back to college found banks more than happy to put them into hock for the next 15 years with a student loan. I was even pre-approved for a US$5K personal loan. Yes, life has gone on with little-or-no-change (other than the whopping 6.1% umeployment rate, but that happened last month). Not a single person lost any of his/her monies in bank, or a treasury note, or in a CD. And, the perhaps the most amazing thing is that the American public FINALLY didn't buy the scare campaign. The citizens didn't blink, instead telling Congress to take that bailout and shove it. THAT was impressive. Why didn't the population succumb to the fright-filled warnings from their president and his cronies? Well, you can only say 'Saddam has the bomb' so many times before the people realize you're a lying sack of shit. After eight long years, the nation is worn out and simply can't take it any longer. The WORLD is fed up & I don't blame them.
10. THEY SHOULD HAVE CREATED A NATIONAL BANK, A "PEOPLE'S BANK." Since they're really itching to print up a trillion dollars, instead of giving it to a few rich people, why don't We give it to ourselves? Now that We own Freddie and Fannie, why not set up a People's bank? One that can provide low-interest loans for all sorts of people who want to own a home, start a small business, go to school, come up with the cure for cancer or create the next great invention. And, now that we own AIG - the country's largest insurance company - let's take the next step and PROVIDE HEALTH INSURANCE FOR EVERYONE. MEDICARE FOR ALL! It will SAVE us SO MUCH MONEY in the LONG RUN (not to mention bring peace of mind to all). And, America won't be 12th on the life expectancy list! We'll be able to have a longer lifespan, enjoying our government-protected pension and will live to see the day when the corporate criminals who caused this much misery are let out of prison so that We can help re-acclimate them to plain old ordinary, civilian life -- a life with ONE nice home and ONE gas-free car invented with help from the People's Bank.
P.S. Call your Senators NOW !!! ---> www.visi.com/juan/congress/
Since they voted against passing the extension of unemployment benefits and skipped out to "campaign" to us to be re-elected...call them and tell them you will vote for the other "guy" if they don't get their act together!
UPDATE:
The Bailout Is A Truly Evil Disaster And Enabler Pelosi Must Go
We are hearing more and more reports of how badly the ill-advised banker's bailout is being handled, multi-million dollar bonuses for Paulson's old cronies at Goldman Sachs, billions going to finance the takeover of rival banks, making the "too big to fail" even bigger, and the taxpayer getting an otherwise rotten deal for their investment. We even heard a Republic senator asking how fast they could blow the money.
NONE of this could have happened without the fawning complicity of Nancy Pelosi, who infamously said it was Bush's proposal, INSTEAD of coming forward with a robust alternative plan. Just like Bush, she believes she is immune, she believes she is unaccountable, and shame on us if we don't do everything we can to defeat her this Tuesday, and replace her with Cindy Sheehan.
Here is Cindy's last TV spot. Please make whatever donation you can to put this ad on the air in these critical final days.
Last Cindy TV Spot Action Page:
www.usalone.com/cindy/donations_tv2.php
There is still time for you to make a real difference. We thank all of our participants who have already donated so generously to make this campaign what it is. For those who cannot make a contribution, please consider helping with the phone banking, and there is a link for that also on the page above.
The one thing we know is that we must continue to speak out. We must continue to challenge. Surrendering is what our current so-called representatives in Congress are so prone to, NOT what we do. Ultimate victory is not only possible, it is assured if we work as hard as we can for real change, not just the rebranding of the same old boys'
network.
And we promise you, immediately after the election we will go right back to work on pure issue advocacy full time, to continue to build the base of action for the future.
Paid for by Cindy Sheehan for Congress
Donations to Cindy Sheehan for Congress are not tax-deductible
Please take action NOW, so we can win all victories that are supposed to be ours, and forward this alert as widely as possible.
If you would like to get alerts like these, you can do so at www.usalone.net/in.htm
Or if you want to cease receiving our messages, just use the function at www.usalone.net/out.htm
usalone280b:3858
Powered by The People's Email Network Copyright 2008, Patent pending, All rights reserved
Without our Believe in Money it is only Paper! You kan´t eat it...
The Diktatorship of Money starts to end, Kapitalism (as we know it) is to be dying,
let´s take the Chance to rekover our Lifes... let´s try Something new, let´s grow more natural, let´s live again!
I don´t want us to be Slaves of Money, nor Machines - both are our Inventions, both are only Things (Konzepts), they should work for us, not reverse!
*
This is a delikate Theme, therefore this additional Note:
The Author dissociates from all Forms of Idealism or revolutionary Stereotypes!
I love Wealth, I´m rich and I know that Revolutions never reach Anything signifikant, they are just "popular Endphenomenons", "historikal Massevents", "late Points" on the Timeline of every great Development in our History - the Moments when Everybody understand what the Professionals already know for long - their Force is overvalued, they effekt Nothing!
Anyway there is a tangible Change going on right now, we´ve reached a melting Point, the global Ekonomy rekognizes that the modern Bank- & Moneysystem doesn´t really work for the Needs of Mankind, the Challenges of Logistiks... We have to think about the whole Idea of "stored Worktime" (=Money), Exchange of Goods, Stock Exchange, Trade, Division, Spread, Resources, Ekonomy etc. with akomplete fresh Perspektive (global, longtime View!)...
This is an Invitation to all of you: what Solutions kan you imagine, what Advices, Ideas, Konzepts do you have? - we will need all the "Genius of the Genus" to handle the Challenges...
*
related Gedankenexperiment:
We say no to Kommunism as to Kapitalism, yet what
is the "3rd Way" we kan walk now instead of them?
"20th Century Fox", with left to right "Joseph Schenck", "Darryl F. Zanuck", and "William Fox", by Fionnuala Collins, acrylic on canvas, part of the "Film Icons gallery",
acting website www.irishfilmactress.com/
Photograph showing trading volume and ticker tape delays by 3:00 pm on the day of Stock Market Crash, October 29, 1929.
2008.08.007
The Rich Are Staging a Coup This Morning ...a message from Michael Moore Date: September 29, 2008 12:01:58 AM PDT
Friends,
Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies -- who must soon vacate the White House -- are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.
No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story in last Monday's New York Times and you can see what the real deal is:
"Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.
"Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
"At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.
"Nobody wants to be left out of Treasury's proposal to buy up bad assets of financial institutions."
Unbelievable. Wall Street and its backers created this mess and now they are going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm to be hired (and paid) to "consult" in the bailout.
The problem is, nobody truly knows what this "collapse" is all about. Even Treasury Secretary Paulson admitted he doesn't know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can't figure it out nor can he explain it to anyone.
And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!
Falling for whom? NOTHING in this "bailout" package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.
Health insurance? Mike, why are you bringing this up? What's this got to do with the Wall Street collapse?
It has everything to do with it. This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it's because too many working class idiots were given mortgages that they really couldn't afford. Here's the truth: The number one cause of people declaring bankruptcy is because of medical bills. Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.
This bailout's mission is to protect the obscene amount of wealth that has been accumulated in the last eight years. It's to protect the top shareholders who own and control corporate America. It's to make sure their yachts and mansions and "way of life" go uninterrupted while the rest of America suffers and struggles to pay the bills. Let the rich suffer for once. Let them pay for the bailout. We are spending 400 million dollars a day on the war in Iraq. Let them end the war immediately and save us all another half-trillion dollars!
I have to stop writing this and you have to stop reading it. They are staging a financial coup this morning in our country. They are hoping Congress will act fast before they stop to think, before we have a chance to stop them ourselves. So stop reading this and do something -- NOW! Here's what you can do immediately:
1. Call or e-mail Senator Obama. Tell him he does not need to be sitting there trying to help prop up Bush and Cheney and the mess they've made. Tell him we know he has the smarts to slow this thing down and figure out what's the best route to take. Tell him the rich have to pay for whatever help is offered. Use the leverage we have now to insist on a moratorium on home foreclosures, to insist on a move to universal health coverage, and tell him that we the people need to be in charge of the economic decisions that affect our lives, not the barons of Wall Street.
2. Take to the streets. Participate in one of the hundreds of quickly-called demonstrations that are taking place all over the country (especially those near Wall Street and DC).
3. Call your Representative in Congress and your Senators. (click here to find their phone numbers). Tell them what you told Senator Obama.
When you screw up in life, there is hell to pay. Each and every one of you reading this knows that basic lesson and has paid the consequences of your actions at some point. In this great democracy, we cannot let there be one set of rules for the vast majority of hard-working citizens, and another set of rules for the elite, who, when they screw up, are handed one more gift on a silver platter. No more! Not again!
Yours,
Michael Moore
MMFlint@aol.com
MichaelMoore.com
P.S. Having read further the details of this bailout bill, you need to know you are being lied to. They talk about how they will prevent golden parachutes. It says NOTHING about what these executives and fat cats will make in SALARY. According to Rep. Brad Sherman of California, these top managers will continue to receive million-dollar-a-month paychecks under this new bill. There is no direct ownership given to the American people for the money being handed over. Foreign banks and investors will be allowed to receive billion-dollar handouts. A large chunk of this $700 billion is going to be given directly to Chinese and Middle Eastern banks. There is NO guarantee of ever seeing that money again.
P.P.S. From talking to people I know in DC, they say the reason so many Dems are behind this is because Wall Street this weekend put a gun to their heads and said either turn over the $700 billion or the first thing we'll start blowing up are the pension funds and 401(k)s of your middle class constituents. The Dems are scared they may make good on their threat. But this is not the time to back down or act like the typical Democrat we have witnessed for the last eight years. The Dems handed a stolen election over to Bush. The Dems gave Bush the votes he needed to invade a sovereign country. Once they took over Congress in 2007, they refused to pull the plug on the war. And now they have been cowered into being accomplices in the crime of the century. You have to call them now and say "NO!" If we let them do this, just imagine how hard it will be to get anything good done when President Obama is in the White House. THESE DEMOCRATS ARE ONLY AS STRONG AS THE BACKBONE WE GIVE THEM. CALL CONGRESS NOW.
Quotron screen on Black Monday, October 19, 1987. This date is also referred to as the "Crash of 1987."
2011.07.02a
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Here is a shot of Llwynypia in the Rhondda Valleys, during the 1984-85 miner's strike, from the photographic archive of US National Library of Congress.
In the foreground you can see where my uncle, Billy the Cobbler (Ian Hislop's shoemaker), who was feeling the cold during the year-long strike, sank his own deep coal mine in his back garden.
He was assassinated by one of Arthur Scargill's National Union of Mineworkers' death squads for strike-breaking, and his body was left revolving on a doner kebab spike in a Tonypandy takeaway for a month, as a morbid warning to others.
Also, on the left of the frame, just above Billy's coal mine, you can see the huge Lockerbie-style crater left by the Boeing 747 jumbo jet full of NUM (literally) flying pickets, that was shot down by an RAF Tornado whilst on it's way to deliver hundreds of strikers to picket Orgreave power station - but this was all hushed-up by the Thatcher government.
Scrabbling around inside the crater you can see my 9 year old son Kerry, whom I'd sent out to scavenge amongst the wreckage for scrap copper wire, airline food, and packets of un-burnt Woodbines.
He was a talented little scavenger,,, but he used to cry when I made him go to school in the un-matched pairs of expensive high-heeled women's shoes and pointy little hats that he'd find, that had belonged to the dead airline hostesses.
Times were hard in Wales in those days, and a constant struggle,,, but we were happy.
All I can say is "Thank God" that Arthur Scargill and the crazy communist mine-workers were defeated by Mrs Thatcher and The Tories, or who knows where we'd be now?
They'd have certainly nationalised all the banks, and a victory for these crazed revolutionaries would have meant we'd have lost the opportunity to import all our energy from a more reliable source,,, like Vladimir Putin's FSB controlled Russia, or Peruvian deep coal mines sensibly employing the labour of 8 year old starving child colliers.
These mad leftist loonies would have caused absolute chaos on all our Stock and Money Markets, threatening everyone's life-savings and investments.
House prices would have plummeted, the National Debt would have exploded and...
Startups have a plethora of investment options available to them. bit.ly/2pscVjZ How to attract the right investors and choose the right investment strategies?
This cast iron bull sits in lower Manhattan, NY. It weighs 7000 pounds and is 11 feet tall and 16 feet long. It was built in 1988 right after the 1987 Stock Market crash. It was suppose to symbolize the strength of the American people.
Gameplay mimics reality in the case of this 'Stock Market Crash! Lose Everything' card that's been drawn from the 'Chance' pile in this Monopoly game.
Copyright 2008, Amy Strycula
Lehman Brothers has just tanked at 29 cents per share.
The most horrific thing about it is all those people being laid off and adding to the job market crunch. Buddy can you spare a dime?
The Village Voice Blog Review: Some Flickr folk use Mordant Social Commentary
High praise indeed. Thank you Village Voice!
To voice your support for the Financial Rescue Plan!
My family has lived through the Asian financial crisis just a decade ago and understand what it means to be in a recession, and how it feels when you learn your friends and fellow citizens are going bankrupt or commiting suicide on a daily basis. 1.3 trillion dollars evaporated on Monday alone, due to the House's failure to pass the bill. I am amazed at what I read in the comments section on the New York Times or the Washington Post, such as "Hell, no bailout, I'd rather live in the Great Depression." I think Americans have lived too comfortably and have become reckless.
The sad fact is, even if the Americans choose to fail, they will drag the world to go down with them. So unfair. Vote yes to invade Iraq and no to save the economy; way to go, America! I will have to stop here or I will keep going on and on.
نظام المشاركة بالملكية: ويعرف أيضاً بنظام مشاركة الوقت أو اقتسام الوقت (تايم شير)، ويعني أن تمتلك عقاراً لمدة زمنية محددة كل عام، أو بعبارة أخرى هو حق انتفاع مشترك في مدة زمنية محدودة.
مثال: أن تشتري جناحاً أو شقة فندقية في مجمع فندقي فاخر في إسطنبول، ويكون لك حق الإقامة فيها أو تأجيرها لمدة أسبوع واحد في شهر تموز/ يوليو كل عام، أو لأي أسبوع خلال العام دون الالتزام بتاريخ محدد، بشرط الحجز المسبق.
ويعد نظام المشاركة بالملكية مثالياً للراغبين بإقامة فندقية سياحية لفترة محدودة سنوياً، كما تعد خياراً جيداً للراغبين بالاستثمار العقاري السياحي بسعر أقل بكثير من شراء وتملك العقار بالكامل... وفقاً لقاعدة: لماذا تدفع أكثر عندما يكون بإمكانك أن تدفع أقل؟ فإن شراء عقار بملكية كاملة سيكلف دفع مبلغ أكبر نسبياً، لا سيما إذا كان غرضك هو الإقامة السياحية فقط لفترة زمنية محدودة في دولة أو مدينة أخرى غير مدينتك الأصلية؛ أما في شقق نظام المشاركة بالملكية فستدفع مبلغاً أقل، وستستغل المكان الذي تملكته بفاعلية أكبر، وبما يتناسب مع التزاماتك ووقتك.
وفي دراسة حديثة تبين أن نظام مشاركة الملكية قد أثبت نجاحاً، وهو ينمو باستمرار، وقد أصبحت حصته تمثل 22.5 بالمئة من إجمالي صناعة السياحة والسفر على مستوى العالم.
كما تشير الإحصائيات إلى وجود أكثر من 5 ملايين عائلة تستفيد من هذا النظام في العالم، وهناك ما يقرب من 5 آلاف فندق ومنتجع سياحي حول العالم يطبقون هذا النظام.
وفي حال كنت تبحث عن شقق للبيع في إسطنبول، فيمكنك التواصل معنا في شركة امتلاك العقارية لنعرض لك أفضل خيارات عقارات إسطنبول مثل: الشقق في المجمعات السكنية الفخمة والحديثة، والبيوت والمنازل ذات الإطلالة البحرية، والفلل، والشقق الفندقية في أفخم مناطق إسطنبول.
With the stock market tanking investors need to look elsewhere.
I see apple selling as a real growth industry.
Dr. Greenspan also highlighted the way that government debt crowds out private investment, describing the relationship between high federal spending and domestic savings rates. "The basic issue," he said, "is that we're just not saving enough" -- resulting in lower private investment. Unfortunately, Greenspan concluded, "So long as that phenomenon continues, we're going to get a sluggish economy. We're not going to get the revenues on the tax side which will fund these entitlements."