[Sosfbay-discuss] CRASH! Congress Rejects Bailout! Wall Street Plunges!

[Andrea Dorey]

Those of us who remember or know of Franklin D Roosevelt knew we were  
plunging into dangerous waters.  It's too bad that the public has  
been kept ignorant of this essential history—the opposition hated his  
guts and we the people loved him for what he did—under duress, under  
protest, under fear of the growing rebellion at that time? —who  
cares!  He did what he did.  And bless him for it.
His protections *must* be put back in place.
No deal without the New Deal!
Andrea

On Sep 29, 2008, at 1:58 PM, alexcathy at aol.com wrote:

> Dear Friends,
>
> Events are unfolding so quickly, It is impossible even to blog on it.
>
> I hate to say "I told you so," but Alex Walker has been saying *FOR  
> YEARS* that the breakdown of the political system in the United  
> States goes way beyond the usual, banal "Liberals" versus  
> "Conservatives" stuff and way beyond the supposed "excesses" of the  
> 1960's.  The disintegration of U.S. has my generation has known it,  
> is taking place before our very eyes.
>
> The "leadership" of "The-One-Corporate-Party-With-Two-Names" threw  
> everything they had into those $700 Wall Street Bailout and the  
> House of Representatives, obviously terrified by a shitstorm from  
> the voters, voted it down.  Now, I have just read a "Breaking News"  
> story on the New York Times web site that the New York Stock  
> Exchange has plunged 700 points.
>
> What do I mean when I say the "Old Politics" is shattering?
>
> Cannot get a tally of all the votes because the House Online  
> database is literally offline.  For awhile America Online would not  
> even let me send this e-mail.  Either the Internet is overwhelmed  
> or the Bush-Cheney coup d'etat is already underway.
>
> Check out this exchange as reported by the NYT:
>
> http://www.nytimes.com/2008/09/30/business/30bailout.html? 
> _r=1&hp&oref=slogin
>
> The House debate was heated and, occasionally, emotional up to the  
> last minute, as illustrated by the remarks of two California  
> lawmakers.
>
> Representative Darrell Issa, a Republican, said he was “resolute”  
> in his opposition to the measure because it would betray party  
> principles and amount to “a coffin on top of Ronald Reagan’s coffin.”
>
> But Representative Maxine Waters, a20Democrat, said the measure was  
> vital to help financial institutions survive and keep people in  
> their homes. “There’s plenty of blame to go around,” she said, and  
> attachi ng blame should come later.
>
> I never thought I'd live to see the day when I'd be closer to  
> Darrell than Maxine on anything, but "My Sistah" is a good  
> corporate Democrat doing what Nancy Pelosi and Barrack Obama want  
> her to do.  Barney Frank from Boston is the Democratic Chairman of  
> the House Finance & Banking Committee and floor manager of the  
> bailout bill.  Frank is also a "super liberal" and also one of the  
> first openly gay members of Congress.  Frank was also a big booster  
> for Fannie Mae and takes a lot of campaign cash from Boston's  
> financial Big Boys.   I don't know, but I assume Charles Rangel,  
> Chairman of the House Ways and Means Committee and also longtime  
> congressman from Harlem, must have sided with the Dem leadership.
>
> I hope I don't offend anyone but the bullshit "Culture War" over  
> sex, race, and "lifestyles" that has dominated U.S. politics for  
> most of the last twenty years is s-o-o-o-o over.
>
> As a Green Party man who rejects both wings of the One-Corporate- 
> Party-With-Two-Names, I can only weep for my country.
>
>
> Alex Walker
> Los Angeles Greens
>
> Find phone numbers fast with the New AOL Yellow Pages!
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