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| The fight for Wall Street accountability is far from over. What next for No blank check for Wall Street? There are a few important things to do at this point:
Here are some other ways you can help. |
JonPincus |
Latest page update: made by JonPincus
, Oct 3 2008, 2:06 PM EDT
(about this update
About This Update
update: it's not over!
- JonPincus
163 words added 171 words deleted view changes - complete history) |
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| Started By | Thread Subject | Replies | Last Post | ||
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| Anonymous | Lets Not Shoot Ourselves in the Foot | 0 | Oct 7 2008, 11:36 AM EDT by Anonymous | ||
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Thread started: Oct 7 2008, 11:36 AM EDT
Watch
If Wall Street collapses, jobs will evaporate (it's already started), and the people who suffer worst will be the most vulnerable - the middle class and poor folks. So lets not get so caught up in our anger at the greedy bastards who caused this problem that we shoot ourselves in the foot. Make no mistake about it, if Wall Street goes down, it will be Main Street that provides the cushion for its landing. The rich can live with less; the poor cannot. Hold your nose if you must, but don't be fools and let the economy collapse around us. We will all pay dearly if it does.
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| Anonymous | Section 8 of the bailout draft-Pre-emptive Nuke of Any/All Oversight | 1 | Sep 25 2008, 2:24 PM EDT by JonPincus | ||
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Thread started: Sep 24 2008, 6:28 PM EDT
Watch
http://blog.heritage.org/2008/09/20/text-of-the-bailout-legislation/
Sect 4 speaks of a 'reporting requirement' to Ways & Means - but apparently this is intended purely as a token brochure upon which no action may be taken or questions asked: 'Sec. 8. Review. Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.' Make no mistake, this is a blatantly unconstitutional power grab - effectively a financial coups d'etats-unis - wallpapering over the articulated separation of powers (USC Art.I,2 & 3). Simply proposing it may be & certainly voting for it in this form is an impeachable offense for any public official. http://www.votenobailout.org/ |
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