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Funny that [Secretary of the Treasury] Paulson has shares in Goldman Sachs that were worth $700 million.This man absolutely cannot be given the unchecked powers that are in the bailout plan legislation before Congress.
Also this may not be news to you, but I stumbled across this website today at work ... I saw the name Bork (which rang alarm bells) - but it wasn't Robert Bork but someone named Ellen Bork. I think it supports your assertion that the current financial crisis can be blamed on Reagan - in that it's Reagan who set these wheels in motion that gave these nutters in the Bush Administration legitimacy. Check out the statement of principles (dated June 1997) and have a look at the signatories at: CLICK
There are other interesting documents - like a January 1998 letter to then President Bill Clinton calling for military action to remove Saddam Hussein. Who would have thought that these people would be running the show three years later..
Here's what I thought was a good article that was in the Sydney paper today: CLICK
3 comments:
from Alice: A Republican President proposes an extremely flawed and simple solution to the economic fiasco caused by his greedy, selfish and callous cronies(Enron, financial CEO's, Haliburton, Blackwater, companies with Cayman Island off shore headquarters like Wakovia and others to name a few.) They raided our treasury and squandered our surplus. Everyone involved with the proposed solution say they don't know if it will work. Then yesterday a Republican spokesman says: "Look if the Democrats want this intervention, they have the majority to pass it." I believe the Republican group is dragging their feet on this trying to force the Democrats to take sole responsibility for the decision. Four years down the road,if it works, the Republicans proposed it. If it fails the Democrats passed it. It NEEDS to have bi-party support either way. For documentation on off shore tax shelters see PBS FRONTLINE program entitled "Tax Me If You Can". I have a copy if anyone is interested. Alice
from Alice:
Reading List
1. Blackwater by Jeremy Scahill
2. The Exception to the Rulers: Exposing Oily Politicians, War Profiteers and the Media that Love Them by Amy Goodman & David Goodman
3. Free Lunch by David Cay Johnson
4. Screwed: The Undeclared War
Against the Middle Class by Thom Hartmann
5.Nickel and Dimed: On(Not) Getting By in America by Barbara Ehrenreich
6. Pigs At the Trough by Arianna Huffington
7. The Working Poor: Invisible in America(winner of the Pulitzer Prize) by David K. Shipler
8. Bushwhacked by Molly Ivins
9Lies and the Lying Liars Who Tell Them Al Franken
Thanks, Alice. I think your comments are on the mark
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