The Failed Bailout: A Drop in the Bucket

The article examines the basis for the Administration's credibility and concludes that no legitimate reason compelled accepting the Paulson proposal as the starting point for negotiations. It also reviews the financial impact of the proposed bailout and investigates the bailout's distributive effects and impact specifically on renters.

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Pelosi: It's not a bailout, it's a buy-in | L.A. Land | Los Angeles Times

Pelosi: It's not a bailout, it's a buy-in | L.A. Land | Los Angeles Times

I like the dem talking points on "not a boailout of wall street but a necessary cushion for main street:" but would sugggest the following:  "an investment in main street."   Where is the material investment in a something that could pay the empty "paper" back?

Communities for communities.

Bill Clinton stole my analysis.

Bill Clinton Praises Barack Obama on The Daily Show | Indecision2008 | Comedy Central

Holy Cow - I'm smarter than I thought, or Clinton is just a bit late to the game.  Which wouldn't be surprising.

Check out my Fake Money post from last week.

Now watch this interview between Clinton and Jon Stweart from last night, starting at about 3:30.

That's mine! Ahead of the curve.  Yeah.

Now is the Time to Resist Wall Street's Shock Doctrine

So let's be absolutely clear: there are no saviors who are going to look out for us in this crisis. Certainly not Henry Paulson, former CEO of Goldman Sachs, one of the companies that will benefit most from his proposed bailout (which is actually a stick up). The only hope of preventing another dose of shock politics is loud, organized grassroots pressure on all political parties: they have to know right now that after seven years of Bush, Americans are becoming shock resistant.

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YouTube - Gas Signs Truth in Advertising

YouTube - Gas Signs Truth in Advertising