Friday, September 26, 2008

Why Is There Need for a Bailout? - Nader

As Bush Admin Pushes $700B for Wall Street, Ralph Nader Asks, "Why Is There Need for a Bailout?" As the Bush administration intensifies its pressure for Congress to quickly approve a $700 billion bailout of the financial industry, we get reaction from Independent presidential candidate and consumer advocate Ralph Nader. Nader calls Democratic claims of White House concessions “wish fulfillment” and says the bailout might not be needed in the first place.

"Cash for Trash": Unwanted "Junk" in Hand, Demonstrators Head to Wall Street to Protest Bailout

Among the more than 100 protests against the $700 bailout plan is a rally today on Wall Street. We speak to Arun Gupta, a reporter/editor at The Indypendent newspaper, whose email to friends and colleagues helped inspire the protest. Participants are planning on bringing their own personal, unwanted “junk” to illustrate what they call the federal bailout of Wall Street’s worthless securities.


Wall Street crisis: Poor to bail out the rich again “Rich people got it good in this country”, said African-American comedian Wanda Sykes on the September 24 Tonight Show with Jay Leno. “We refuse to let them not be rich. Think about it. Broke people are about to bailout rich people. This is what is going on.”

THEY WANT MAMA TO MAKE IT ALL BETTER! Rep Kaptur 'Rep. Marcy Kaptur gets it right — sort of. Wall Street and the banksters are not irresponsible, as she claims, they are criminals who methodically plotted to loot as much money as they could from the markets and then turn the corpse over to the American people, who they know will be obliged to pay for the damages.'

Bailouts Will Push US into Depression 'The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.'

Flashback: Ron Paul on the Coming Economic Collapse Who is Ron Paul? What does he stand for? Ron Paul is a nine term Congressman and Presidential Candidate whose passion is monetary policy, Dr. Paul has served on The House Banking Committee and The Financial Services Committee. If anyone is in a position to know what our country has in store financially, it is this man. In this amazing interview with Michael Maloney of Presidential Candidate Ron Paul warns what lies dead ahead for our country if we continue on our present path.

Protest Against the Bush Bailout on Wall Street Take the money from the war and give it back to the poor. Yay!

KR # 64 More Debt Required mp3 plus related stuff What is money, credit, debt etc...why do we need more of it credits: excerpts of 'Money as Debt', old popular movie clips, media clips, Laurie Anderson with 'National Debt', Jon Stewart, Clarke and Daugh with 'Dubious Agency Advice', various electronica, Stewart, Clarke and Daugh with 'Dubious Agency Advice', various electronica, Sydney Indymedia.