And apparently this is just like Iraq. Dennis Kucinich told reporters this afternoon, "I will tell you right now I don't know if they have votes...If the votes were there, this would be on the floor. The votes aren't there." In a meeting of House Democrats not so pleased with the $700 billion dubbed the "Skeptics Caucus," Kucinich claimed: "None of this has been subject to a critical analysis. We haven't had access to the books to the people who are claiming they are going broke. They rushed this Congress into the Iraq resolution and look what happened. Catastrophe for this nation as well as for the people of Iraq."
And in an effort to get those of us at home more wasted than we already are, DK added, "There is an attempt to create a fake partisan dichotomy here. This is not about Democrat versus Republican. This is about Main Street or Wall Street" (in an attempt to not die a little inside every time that stupid fucking cutesyism-- " Main Street vs. Wall Street"-- is uttered, we're now taking shots at each mention).
Posted by guest , Sep 28, 2008 3:45PM
Yeah, cause Denis Kucinich would have any clue whatsoever if he were given a look at, say, Morgan Stanley's books.
Posted by StupidEquityGuy , Sep 28, 2008 3:52PM
full text is out... 106 pages or so... http://money.cnn.com/2008/09/28/news/pdf/index.htm
Posted by diablo , Sep 28, 2008 3:52PM
Kucinich agrees with the ultraconservatives that this is a "Main Street vs Wall Street" issue, but the difference is the ultraconservatives are making it a partisan issue, while Kucinich doesn't seem to be doing that.
Posted by guest , Sep 28, 2008 3:54PM
@3 are you stupid or something?
Ultraconservatives those who are against taxpayers interfering in the free market?
Posted by SlashAndBurn , Sep 28, 2008 4:00PM
Kucinich is noted for his opposition to "mind control satellites":
107th CONGRESS - 1st Session
H. R. 2977
IN THE HOUSE OF REPRESENTATIVES
October 2, 2001
Mr. KUCINICH introduced the following bill...
SECTION 1. SHORT TITLE.
This Act may be cited as the 'Space Preservation Act of 2001'.
SEC. 7. DEFINITIONS.
In this Act:
(1) The term 'space' means all space extending upward from an altitude greater than 60 kilometers above the surface of the earth and any celestial body in such space.
(2)(A) The terms 'weapon' and 'weapons system' mean a device capable of any of the following:
...
(II) through the use of land-based, sea-based, or space-based systems using radiation, electromagnetic, psychotronic, sonic, laser, or other energies directed at individual persons or targeted populations for the purpose of information war, mood management, or mind control of such persons or populations;
http://www.fas.org/sgp/congress/2001/hr2977.html
Posted by guest , Sep 28, 2008 4:19PM
More and more it is becoming apparent that it is Washington DC where the crew ups occurred. Then WS took advantage when they had the chance. So now it is a battle of wits, WS vs DC and the American people are the fall guy in every way.
Posted by guest , Sep 28, 2008 4:45PM
@6
Taxpayers were made the fall guy between 2003-2007 courtesy of their irresponsible neighbors. Today we are simply confirming what some have suspected and others have known, a household income of less than 100K can't afford a 500K home and homes aren't ATM machine. And when unemployment hits 8 percent are we going to blame Wall Street?
Posted by guest , Sep 28, 2008 5:05PM
8%? How about 12%.
To blame is all the stupid people who knowingly borrowed more than they could afford. Victim or not, stupid is stupid.
I say trials for all of them and lock them up in debtors prison until they can repay the debt, 1800s England style.
Posted by guest , Sep 28, 2008 5:18PM
@ 8 great idea.
Cuz we already have the highest number of people in jail, in the world. Costs about $35,000 to $70,000 per person to keep them there. And i am guessing that they are not really able to work to repay their debts once they are in prison.
A great man once said "stupid is as stupid does".
16 months from now 12% unemployment may be a dream number.
I am fairly certain that losing your house, your car, your job and all your things is probably devasting enough. Especially when you look into the eyes of your kids. Nothing like the consequences of personal choice.
We are all responsible for this debacle. Even those that actually paid for theie lifestyles as they went. How many of those people voted for BUSH?
Posted by guest , Sep 28, 2008 5:39PM
@9
I voted for bush because the alternative, John Kerry, is a nightmare!!!
Posted by guest , Sep 28, 2008 5:48PM
Call House Republicans and tell them to stand strong. I just spoke to McCotter, R. MI., his aide.
Tell them they (the 149 House Repubs. who voted against the Fannie/freddie bailout) need to keep it up.
Force the Dems to pass it on their own, just like they passed F/F bailout on their own.
McCotter, R. MI.
Garrett, R. NJ
DeMint, R. SC
Bachman, R. Minn.
Hensarling, R. TX.
Bacchus, R. Alabama
Feeney, R. FLA.
These are just a few of the 149 Repubs. who voted against the Fan/Fred bailout.
Pull up the roll call for HR 3221 to get a complete list of Repubs who voted against Fan/Fred bailout.
Call them! They care about you!
Forget about calling the 229 Dems and 45 Repubs. who voted for Fan/Fred bailout.
Toll free Cap. Hill switchboard (some aides working Sunday):
1-877-851-6437
1-866-338-1015
Tell the Aide to go to www.FedUpUSA.org for ideas for true solutions to the credit mess.
Posted by guest , Sep 28, 2008 6:31PM
How about legalizing marijuana? The CBOE can trade futures.
Posted by guest , Sep 28, 2008 9:33PM
legal pot is on the ballot in Massachusetts this year.
Posted by guest , Sep 29, 2008 1:59AM
Wrong, wrong and wrong. At fault is not the idiot who took out the loan, although he has a part in it. What about the idiot who knew, full well going into it, that he could not pay the loan back? Why is it that the rich man taking advantage of the situation is not being held accountable, and instead we seek to turn on each other?
The housing loan industry created this mess with their "bundling" of loans and then selling them on wallstreet to foreign investors. They ignored tried and true systems for valuing property and issuing loans and this is what we got. I mean come on, they basically had a don't ask don't tell policy where you neither had to prove your income nor show any assets, you just had to tell them you had them. If that's not asking for trouble, I don't know what is. And they lenders did it on purpose, all in pursuit of even more money.
So before you ready yourselves to lay this all at the feet of the common man, take a look up the chain, because that's where you'll find the pig dragging us along behind him.