Tuesday, September 23, 2008

No Wall Street Bailout



Rep. Marcy Kaptur of Ohio saying it straight and strong. Powerful! The events unfolding these past few days are spectacular in their surreality. Can this be happening?? This bailout legislation reeks, the worst stink coming from
a rotten bit of language that effectively transfers the power of the purse from Congress to the Executive branch. In the hands of this criminal administration that would mean a stake in the heart of anything resembling a democracy here in the US. They are talking about a staggering $700 billion blank check with absolutely no oversight! Write your Congresspeople and tell them NO. The "emergency" has been manufactured. There is time to craft something healthy that will actually address these dire straits. Real Reform or Nothing.

UPDATE: Yet another informative diary on just why we need to say NO.

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