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finataxia24
09-29-2008, 12:26 PM
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 ( 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.


http://www.fsround.org/about/executive.htm (http://www.fsround.org/about/executive.htm)

http://www.fsround.org/about/member_companies.htm (http://www.fsround.org/about/member_companies.htm)




we need media on this.

And there's this to be aware of, in case anyone missed it this morning...


http://www.nakedcapitalism.com/2008/09/mussolini-style-... (http://www.nakedcapitalism.com/2008/09/mussolini-style-corporatism-in-action.html)

youtube audio links of Treasury conference call yesterday:
Part 1
http://www.youtube.com/watch?v=uXmFADm61Rc&feature=user (http://www.youtube.com/watch?v=uXmFADm61Rc&feature=user)
Part 2
http://www.youtube.com/watch?v=1eqZoToIdfM&feature=user (http://www.youtube.com/watch?v=1eqZoToIdfM&feature=user)
Part 3
http://www.youtube.com/watch?v=8YwO3MkvjR0&feature=user (http://www.youtube.com/watch?v=8YwO3MkvjR0&feature=user)
Part 4
http://www.youtube.com/watch?v=FnfyVGM-wfg&feature=user (http://www.youtube.com/watch?v=FnfyVGM-wfg&feature=user)
Part 5

If this was so crucial, bankruptcy relief would not be a dealbreaker. Nothing would be a dealbreaker. This is extortion!

MoFinz
09-29-2008, 12:37 PM
Why hasn't this fat ******* moved to Cuba yet? Doesn't he have a Hurricane to wish on someone or something?

Dolphan7
09-29-2008, 02:57 PM
Well evidently Congress and the American people rejected the bailout, now we will see if the world will end like we have been told.

MoFinz
09-29-2008, 03:06 PM
The sky is falling...the sky is falling.........

Obama's still stumping for the bailout...wonder if he changes tune now

MDFINFAN
09-29-2008, 05:03 PM
Why hasn't this fat ******* moved to Cuba yet? Doesn't he have a Hurricane to wish on someone or something?

Actually Mo...I hate to say this, but he kind of made sense...I don't think we should rush into this either, we need to know exactly what the problem is, and I think Wall street should be presenting some solutions of their own, that doesn't include tax dollars, and then go from there.. I'd be slow to give to wall street., let the cards fall, and then we can see where to put money if need be..

MoFinz
09-29-2008, 05:32 PM
Actually Mo...I hate to say this, but he kind of made sense...I don't think we should rush into this either, we need to know exactly what the problem is, and I think Wall street should be presenting some solutions of their own, that doesn't include tax dollars, and then go from there.. I'd be slow to give to wall street., let the cards fall, and then we can see where to put money if need be..


Oh, i agree with you...i just think Moore is a fat POS that wishes for hardships and disasters upon this nation, whom he holds responsible for Bush. He ignores the fact that without Bush, his movies would be playing local art houses and college libraries instead of getting mainstream attention.

Sorry if i wasn't clear on that. On the bail out, i agree, we shouldnt rush headlong into this without knowing all the details. Thats the kind of action that got us to where we are. I do recognize the bi-partisan efforts of these legislators to make sure this bill is at least palatable to the people. PLus, the market has to be given the chance to correct itself. Believe it or not, theres still people that made money in the market today.

I'm still curious how Obama portrays it, since he's on record supporting this bill.

MDFINFAN
09-29-2008, 05:35 PM
Oh, i agree with you...i just think Moore is a fat POS that wishes for hardships and disasters upon this nation, whom he holds responsible for Bush. He ignores the fact that without Bush, his movies would be playing local art houses and college libraries instead of getting mainstream attention.

Sorry if i wasn't clear on that. On the bail out, i agree, we shouldnt rush headlong into this without knowing all the details. Thats the kind of action that got us to where we are. I do recognize the bi-partisan efforts of these legislators to make sure this bill is at least palatable to the people. PLus, the market has to be given the chance to correct itself. Believe it or not, theres still people that made money in the market today.

I'm still curious how Obama portrays it, since he's on record supporting this bill.

You just had to take a jab...he and McCain have the same positions..

BillParFan
09-30-2008, 12:41 PM
You just had to take a jab...he and McCain have the same positions..

Actually, McCain and his minions ran to anyone who would listen to proclaim McCain as the savior of the bailout.

OOPS!

MDFINFAN
09-30-2008, 01:03 PM
Actually, McCain and his minions ran to anyone who would listen to proclaim McCain as the savior of the bailout.

OOPS!

I know, that was too funny, All of them proclaiming how he saved this plan and got it thru, and then...Ah oh....what had happen was...:sidelol::sidelol:

MoFinz
09-30-2008, 03:10 PM
I know, that was too funny, All of them proclaiming how he saved this plan and got it thru, and then...Ah oh....what had happen was...:sidelol::sidelol:

How'd that multi-tasking thing workout btw?:up:

Seriously...who's gonna take charge here...thats what everyones waiting for. Not a Knight in shining armor....not a hero....just someone to pick up the damned ball and run with it

Nobodys doing that...and if it doesnt scare the bejeebies out of you, it should.....these are the people in charge and running things.

Joe Robbie
09-30-2008, 03:50 PM
The longer the world keeps spinning, the less need for a bail out.

LouPhinFan
09-30-2008, 04:27 PM
Hey look, the Dow gained 500 points today. I guess we'll have to wait for the Europeans to fire up their atom smasher again before we discuss the end of the world.

Oh, and suck it Michael Moore.

Mr772
09-30-2008, 05:01 PM
The bailout has always been and will always be a bad idea as bush presented it. It should be pretty common knowledge by now that if Bush supports something it's guaranteed to be bad for the American people.

All the fear mongering and doom and gloom from both sides of the aisles are BS. THANK YOU HOUSE REPUBLICANS for saying no to the bailout!

Moore is a pathetic joke but I do agree with his closing argument that Democrats in Washington need to grow a pair. They should be shooting down any ideas coming out of Bush's mouth as detrimental to the nation. Why do so many put up with the Bush led idiocracy?

Perfect23
09-30-2008, 05:03 PM
Hey look, the Dow gained 500 points today. I guess we'll have to wait for the Europeans to fire up their atom smasher again before we discuss the end of the world.

Oh, and suck it Michael Moore.

hehe I cant stand that fat Canadian slimeball.

Tetragrammaton
09-30-2008, 05:09 PM
Hey look, the Dow gained 500 points today. I guess we'll have to wait for the Europeans to fire up their atom smasher again before we discuss the end of the world.

Oh, and suck it Michael Moore.

Dammit! MD told me to wait a day or two before buying stocks. Should I do it now?

LouPhinFan
09-30-2008, 05:12 PM
Dammit! MD told me to wait a day or two before buying stocks. Should I do it now?

Sit tight right now. Its a roller coaster ride. Stocks will dive when they can't pass the bail out again. Then buy what you can except oil company stocks. "The Donald" says oil prices are going to tank.:wink:

Tetragrammaton
09-30-2008, 05:15 PM
Sit tight right now. Its a roller coaster ride. Stocks will dive when they can't pass the bail out again. Then buy what you can except oil company stocks. "The Donald" says oil prices are going to tank.:wink:

Will do. I have been sitting on 15K from a CD that just matured. I don't like the 6-8 percent I have been getting, so I want it in something with huge potential.

myke1072
09-30-2008, 10:12 PM
He must be wanting to make another conspiracy theory docu-whatever.

jguig
09-30-2008, 11:45 PM
The problem with a dude like Mr. Moore is that even when he's right (and I am not saying he is on this issue, but let's assume for the sake of argument that he is), he has made himself irrelevant by his prior history of extremism and irresponsible presentations. How can you ever trust a guy like him?