Yippee Ki Yi Yay (redux) (redux, again)

Well, we narrowly missed the complete fascist takeover yesterday.

If you like watching YouTube, check out what these Representatives had to say before the vote:

http://www.youtube.com/watch?v=S27yitK32ds

http://www.youtube.com/watch?v=VaF_MZVWM3E

If you prefer to read the facts, then read this:

1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street's spending of the $700 billion;

2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people's money;

3. It did NOTHING to force banks and lenders to rewrite people's mortgages to avoid foreclosures -- this bill would not have stopped ONE foreclosure!;

4. It had NO teeth anywhere in the entire piece of legislation, using words like "suggested" when referring to the government being paid back for the bailout;

5. Over 200 economists wrote to Congress and said this bill might actually WORSEN the "financial crisis" and cause even MORE of a meltdown. (This was courtesy Michael Moore)


 

What did you think of this article?




Trackbacks
  • Trackbacks are closed for this post.
Comments
  • No comments exist for this post.
Leave a comment

Comments are closed.