Comments on: Rep. Marcy Kaptur Plays Wall Street Bailout http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/ A dissident twist of reality... Thu, 08 Jan 2009 21:05:20 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Indigobusiness http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/comment-page-1/#comment-32897 Indigobusiness Wed, 01 Oct 2008 04:08:27 +0000 http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/#comment-32897 Yes, of course, Joe, I didn't mean to imply otherwise, lots of insight by the voices here. My take is that the good people know there is blood in the water from the abject corruption of this boondoggle, and there <b>will</b> be a reckoning. Catherine Austin-Fitts, who knows this story from the inside (HUD) -and only spoke out after being threatened- says there has been years of systematic fraud perpetrated under official auspices by the very agencies meant to serve the people. If the criminality can't be exposed and prosecuted, it will mean the banksters (etal) have successfully conquered America. It will mean the people are entirely impotent and at their mercy. Hard to imagine what sort of remedy there'd be for all the misery inflicted by these bastards. America will be hard-pressed to ever recover from the Bush era. Yes, of course, Joe, I didn’t mean to imply otherwise, lots of insight by the voices here. My take is that the good people know there is blood in the water from the abject corruption of this boondoggle, and there will be a reckoning.

Catherine Austin-Fitts, who knows this story from the inside (HUD) -and only spoke out after being threatened- says there has been years of systematic fraud perpetrated under official auspices by the very agencies meant to serve the people. If the criminality can’t be exposed and prosecuted, it will mean the banksters (etal) have successfully conquered America. It will mean the people are entirely impotent and at their mercy. Hard to imagine what sort of remedy there’d be for all the misery inflicted by these bastards. America will be hard-pressed to ever recover from the Bush era.

]]> By: pelmo http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/comment-page-1/#comment-32896 pelmo Wed, 01 Oct 2008 01:55:54 +0000 http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/#comment-32896 Amazing how except for Lou Dobbs who had her on his show explaining her position on solving this mess, all the other news outlets have gone out of there way to ignore her comments. All we hear is the same partision backers bashing and accusing the other side for the failure of this idiotic bail out. Nobody even mentions this as a good or bad alternative. In all my years I have never seen such a media controled election. Wouldn't it be nice if all four candidates were scrutinized and questioned as much as Palin. The media is taking to big a part in trying to sway our opinions. Then we wonder why we are in such a mess. Amazing how except for Lou Dobbs who had her on his show explaining her position on solving this mess, all the other news outlets have gone out of there way to ignore her comments.

All we hear is the same partision backers bashing and accusing the other side for the failure of this idiotic bail out. Nobody even mentions this as a good or bad alternative.

In all my years I have never seen such a media controled election. Wouldn’t it be nice if all four candidates were scrutinized and questioned as much as Palin. The media is taking to big a part in trying to sway our opinions. Then we wonder why we are in such a mess.

]]> By: Joe http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/comment-page-1/#comment-32895 Joe Wed, 01 Oct 2008 01:54:37 +0000 http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/#comment-32895 Pelmo, I am not fond of Obama's backing this bill. At the same time -- and I could be wrong -- but I just think he's less corrupted than McCain. I know we'll get left holding the bag. Even as the bailout bill has been up in the air, over the past couple of weeks the <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=ahwz_k5JvuB8&refer=worldwide" rel="nofollow">Federal Reserve has pumped $630 billion into the financial system</a> -- money created out of thin air with nothing of value behind it. So, I agree, we are already holding the bag, because $630 billion more dollars in the system is going to send the value of the dollar plummeting, which means my current pay check will stay the same but in reality I'll be taking a big cut in pay as far as what that money will buy. Also, even if my 401K doesn't drop another dollar in value, it will also be taking a big drop in real value. Still...I'm glad we're making them work for it a LITTLE bit...at least with no bailout, we'll take down some of the wreckless banking bastards with us. I think saying no to this bailout sends the same signal as punishing the whole class for one clown cutting up...not fair, but the clown suddenly realizes that when the punishment is over, some of those who were undeservedly punished are going to come beat the crap out of 'em. I think saying no to the bailout is going to lead to some much-earned, behind-the-scenes, peer-to-peer butt kicking a few months down the road... Indigobusiness: Thom Hartman has a good head on his shoulders...I'm convinced of that after reading Last Hours of Ancient Sunlight. I've seen several proposals on the blogs in the comments from people with ideas that seem pretty darn good...but Congress seems to only be considering ideas that funnel money through handpicked oversight organizations which we know are going to have to be paid, and which will probably be stacked with friends and which will probably also skim billions off the top....see Iraq, see Halliburton, see KBR, see Cheney. Pelmo's right...we are going to be left holding the bag. But, if we don't stick our heels in the ground, I fear the bag will only be bigger next year. Pelmo, I am not fond of Obama’s backing this bill. At the same time — and I could be wrong — but I just think he’s less corrupted than McCain. I know we’ll get left holding the bag. Even as the bailout bill has been up in the air, over the past couple of weeks the Federal Reserve has pumped $630 billion into the financial system — money created out of thin air with nothing of value behind it. So, I agree, we are already holding the bag, because $630 billion more dollars in the system is going to send the value of the dollar plummeting, which means my current pay check will stay the same but in reality I’ll be taking a big cut in pay as far as what that money will buy. Also, even if my 401K doesn’t drop another dollar in value, it will also be taking a big drop in real value. Still…I’m glad we’re making them work for it a LITTLE bit…at least with no bailout, we’ll take down some of the wreckless banking bastards with us. I think saying no to this bailout sends the same signal as punishing the whole class for one clown cutting up…not fair, but the clown suddenly realizes that when the punishment is over, some of those who were undeservedly punished are going to come beat the crap out of ‘em. I think saying no to the bailout is going to lead to some much-earned, behind-the-scenes, peer-to-peer butt kicking a few months down the road…

Indigobusiness: Thom Hartman has a good head on his shoulders…I’m convinced of that after reading Last Hours of Ancient Sunlight. I’ve seen several proposals on the blogs in the comments from people with ideas that seem pretty darn good…but Congress seems to only be considering ideas that funnel money through handpicked oversight organizations which we know are going to have to be paid, and which will probably be stacked with friends and which will probably also skim billions off the top….see Iraq, see Halliburton, see KBR, see Cheney. Pelmo’s right…we are going to be left holding the bag. But, if we don’t stick our heels in the ground, I fear the bag will only be bigger next year.

]]> By: Indigobusiness http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/comment-page-1/#comment-32894 Indigobusiness Tue, 30 Sep 2008 21:00:35 +0000 http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/#comment-32894 I've been listening to Thom Hartmann explain the finer points of this colossal cluster fuck. He has some interesting ideas on how this can be resolved in ways more beneficial to the common heritage than what is being proposed. The rush to resolve this in ways that rescue the banksters will not drive a stake through the the heart of trickle down Reagonomics. This isn't your grandfather's economic crisis, and won't be reckoned with by Hoover style resolutions. We need vision going forward, not rearview mirror mentalities. I’ve been listening to Thom Hartmann explain the finer points of this colossal cluster fuck. He has some interesting ideas on how this can be resolved in ways more beneficial to the common heritage than what is being proposed.

The rush to resolve this in ways that rescue the banksters will not drive a stake through the the heart of trickle down Reagonomics. This isn’t your grandfather’s economic crisis, and won’t be reckoned with by Hoover style resolutions.

We need vision going forward, not rearview mirror mentalities.

]]> By: pelmo http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/comment-page-1/#comment-32893 pelmo Tue, 30 Sep 2008 18:42:05 +0000 http://joecrubaugh.com/blog/2008/09/26/rep-marcy-kaptur-plays-wall-street-bailout/#comment-32893 Joe, the only problem is that they are both surrounding themselves with these inside financial advisers and no matter who gets in we will still be left holding the bag Joe, the only problem is that they are both surrounding themselves with these inside financial advisers and no matter who gets in we will still be left holding the bag

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