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Rep. Marcy Kaptur Plays Wall Street Bailout

Friday, September 26th, 2008

Straight Talk from Representative Marcy Kaptur (D-Ohio), a competent-sounding lady who will never be confused with Governor Sarah “yup, yup, I’ll try to find you some and bring ‘em to you” Palin:

Watch embedded below, or click the link: Let’s Play Wall Street Bailout

UPDATE

Below is the complete transcript:

The SPEAKER pro tempore. Under a previous order of the House, the gentlewoman from Ohio (Ms. Kaptur) is recognized for 5 minutes.

Ms. KAPTUR. Mr. Speaker, here is the latest reality game. Let’s play Wall Street Bailout.

Rule one: Rush the decision. Time the game to fall in the week before Congress is set to adjourn and just 6 weeks before an historic election so your opponents will be preoccupied, pressured, distracted, and in a hurry.

Rule two: Disarm the public through fear. Warn that the entire global financial system will collapse and the world will fall into another Great Depression. Control the media enough to ensure that the public will not notice this.

Bailout will indebt them for generations, taking from them trillions of dollars they earned and deserve to keep.

Rule three: Control the playing field and set the rules. Hide from the public and most of the Congress just who is arranging this deal. Communicate with the public through leaks to media insiders. Limit any open congressional hearings. Communicate with Congress via private teleconferencing calls. Heighten political anxiety by contacting each political party separately. Treat Members of Congress condescendingly, telling them that the matter is so complex that they must rely on those few insiders who really do know what’s going on.

Rule four: Divert attention and keep people confused. Manage the news cycle so Congress and the public have no time to examine who destroyed the prudent banking system that served America so well for 60 years after the financial meltdown of the 1920s.

Rule five: Always keep in mind the goal is to privatize gains to a few and socialize loss to the many. For 30 years in one financial scandal after another, Wall Street game masters have kept billions of dollars of their gain and shifted their losses to American taxpayers. Once this bailout is in place, the greed game will begin again.

But I have a counter-game. It’s called Wall Street Reckoning. Congress shouldn’t go home to campaign. It should put America’s accounts in order.

To Wall Street insiders, it says “no” on behalf of the American people. You have perpetrated the greatest financial crimes ever on this American republic. You think you can get by with it because you are extraordinarily wealthy and the largest contributors to both Presidential and congressional campaigns in both major parties, but you are about to be brought under firm control.

First, America doesn’t need to bail you out, it needs to secure the real assets and property, not your paper, that means the homes and properties of hardworking Americans who are about to lose their homes because of your mortgage greed. There should be a new job for regional Federal Reserve Banks. We want no home foreclosed if a serious work-out agreement can be put into place. And if you don’t do it, we want a notarized statement by a Federal Reserve official that they tried and failed.

Second, taxpayers should directly gain any equity benefits that may flow from this historic bailout. We want the American people to get first priority in taking ownership of the institutions that want to pass their toxic paper onto the taxpayers.

Third, before any bailouts for Wall Street, America needs major job creation to rebuild our major infrastructure. America needs assets, not paper. We need working assets.

Fourth, the time for real financial regulatory change is now, not next year. A modernized Glass-Steagall Act must be put in place. We need to reestablish locally-owned community savings banks across this country and create within the Justice Department a fully funded unit to prosecute every single high-flying thief whose fraud and criminal acts created this debacle and then forced their disgorgement of assets going back 15 years.

Fifth, any refinancing must return a major share of profits to a new Social Security and Medicare lockbox, where the monies can go to pay for a dignified and assured retirement for every American. This Member isn’t voting for a penny of it. Those who created and profited from this game of games must be brought to justice. The assets they stole must be returned to the American taxpayers, right down to the tires on their Mercedes.

Mr. Speaker, I ask my colleagues to join me in cosponsoring my bill to create an independent commission to investigate these well-heeled wrongdoers. Real reform now, or nothing.

Tip of the hat to Sherpa Dude for the link.

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Palin/McCain Runaway Straight Talk Express

Friday, September 19th, 2008

The Palin/McCain Straight Talk Express has recently been summed up nicely by the new single from AC/DC:

    One hot angel
    One cool devil…
    Runaway Train
    Running right off the track

And not only has the Straight Talk Express run right off the track this week; the wheels came off, too…

Chuck Hagel Straight Talk

Yesterday finally saw some straight talk from the Republicans, but it didn’t come from John “POW” McCain. Instead, it came from fellow Republican Senator Chuck Hagel extolling the experience of moose enemy number one, Sarah Palin:

She doesn’t have any foreign policy credentials. You get a passport for the first time in your life last year? I mean, I don’t know what you can say. I think it’s a stretch to, in any way, to say that she’s got the experience to be president. I think they ought to be just honest about it and stop the nonsense about, ‘I look out my window and I see Russia and so therefore I know something about Russia.’ That kind of thing is insulting to the American people.

I agree. It’s insulting to the American people.

And even though a power failure shut down the Hadron Supercollider earlier this week, there was a dramatic increase in the quantum probability that you and I will both travel down the future multiverse branch in which Chuck Hagel sits at Rumsfeld’s old Pentagon desk coincident with Obama occupying an office that’s not quite a rectangle, not a circle either — more of an elliptical oviform deal.

Lynn Forester de Rothschild Straight Talk

Hillary supporter turned McCain campaigner Lynn Forester de Rothschild — who won’t vote for Obama because he’s too elitist for her royal-blooded taste — has decided to court voters for McCain by calling McCain’s supporters “rednecks.”

Watch: Lynn Forester de Rothschild uses the “R” word.

Is this baroness of the famous international banking family really stumping for McCain? Might she be a covert pundit secretly obeying orders from the Obama camp? No matter which candidate truly warms her soul, I’m hoping she keeps running her aristocratic mouth.

John McCain Straight Talk

Bomb, bomb, bomb…bomb, bomb…Spain?

Watch: McCain disses Spain.

Seriously, I think McCain is going senile…he is really struggling mentally…he’s not the John McCain he used to be. Reminds me of the second term of Reagan when he just lost touch, let Ollie North run the show, and everybody tried to hide Ronnie from the cameras because he embarrassed himself when he went off script. The debates should be interesting…

UPDATE

Yesterday John McCain said if he was President he would fire the head of the SEC (Securities and Exchange Commission). Apparently, somebody pointed out to McCain overnight that the President appoints, but doesn’t have the power to fire the SEC chairman.

So, this morning, McCain’s handlers/trainers changed his canned speech to say he would recommend the SEC chairman resign…only McCain screwed it up! He said because of the current financial crisis, he would recommend the head of the FEC (Federal Election Commission???) resign. I’m serious…McCain is tipping into dementia before our eyes…something’s not right with his marbles.

Read and Watch: McCain confuses FEC with SEC.

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Reflections on a Selection of Election Inspections

Monday, September 15th, 2008

There’s so much electoral fast food in the media that it’s difficult to consume it all. Nevertheless, here’s a sampling, along with the consequent gaseous by-products of my digestion…

SNL Palin Impersonation is Sexist

McCain advisor Carly Fiorina calls SNL impersonation of Palin ’sexist’:

A top aide to John McCain said Monday she thought comedian Tina Fey’s impersonation of Republican VP candidate Sarah Palin on NBC’s Saturday Night Live over the weekend was sexist because it portrayed the Alaska governor as lacking in substance.

In the same spirit as Carly Fiorina, I’m charging John McCain with being insensitive in his potrayal of an old white man.

Despite McCain’s behavior, all old white men aren’t lying, cheating, opportunistic hypocrites with bad combovers. It’s time McCain stopped promoting that stereotype.

McCain should also give the senile dementia act a break; it’s just not funny when someone makes fun of people suffering from advanced mental deterioration, and yet he puts on his silly dumb forgetful out-of-touch dementia act nigh every time he faces a camera. Stop it already, John, or one day that “nobody’s home” look on your face will stick.

Electoral Poll Shows McCain and Obama in Dead Heat

The latest CNN Poll of Polls shows (you guessed it…) McCain and Obama locked in a tie:

In the latest CNN survey of several recent national polls, Obama and McCain are locked in a dead heat at 45 percent each with 10 percent who remain undecided with 50 days remaining until Election Day.

Really? A dead heat? Of course it’s in the Main Stream Media’s interest to advertise the race as a dead heat, because it keeps people watching.

Well, sorry to spoil the illusion of a tight race, but ask Al Gore what an empty victory winning the popular vote can be. And then, instead of looking at CNN’s poll of polls, check out CNN’s electoral vote based on the “dead heat” poll:

    Obama=233, McSame=189 (as of September 15).

Also, polls question likely voters, which excludes hundreds of thousands of young voters and recently-turned-non-apathetic citizens who’ve taken a financial butt-whupping the last few weeks, then had to pay gouged gasoline prices to support another quarter of record Exxon profits. Still, I wouldn’t put it past Diebold to deliver another Republican “God created oil, homosexuals, and exit polls so he could burn ‘em” victory.

McCain and Palin’s Straight-Lies Express

Also, this just in from the McCain-Palin straight-lies express:

  • McCain’s tax cuts for the rich will trickle down to you.
  • Palin always opposed the federally funded Bridge to Nowhere, Alaska.
  • Obama became pregnant with Satan’s child in 2004, my friends, then went to an abortion clinic and murdered the gay devil’s love child.
  • The real Joseph Biden actually died in 1988, but the surviving Beatles replaced him with a look-alike, sound-alike Communist impersonator.
  • It really doesn’t matter what unqualified dipstick might become President, as long as Palin or any other dipstick surrounds herself with wise advisors, like George W. Bush did.

Who knows what whoppers (and “whoppers” is NOT a breast reference) McCain and Palin will spin for us tomorrow. The looted middle class and their bankrupt grandchildren can hardly wait! ;-)

But wait we must. So, in the immortal words of Tigger: Ta ta for now!

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