Re: Bail-out; should Bush just shut up, and let someone else fix what he helped to break?

';...President Bush warned Tuesday that failing to pass a financial rescue plan would bring severe consequences to the U.S. economy. ';Congress must act,'; he declared in an appeal that both presidential candidates echoed. ...'





Considering that it was Republican senators who killed the bill (which McCain supported, though he did not seem to have the leadership necessary to get his own party on line with a bill he supported)...





and considering that most people believe nowadays that the truth is the opposite of anything Bush says, due to repeated ';shock and awe'; type fear-mongering, later shown to be bogus (ex. ';give me the power to invade Iraq, because of of the imminent threat from their weapons of mass destruction, according to these cartoon pictures we have!'; ';Give me the power to spy on people without a court warrant, so I can silence my opponents if they sleep with a hooker or look at pornography, I mean, so I can protect you from terrorist attacks... I need this power now, or we could have another attack! Because of 9/11! Agree with me, or you support the terrorists!'; ';Let me torture people, so they will confirm my story, I mean, so we can prevent future attacks... Do it now, because we are in great peril, if you don't give me this power, now! Now! Now!';





People see a pattern, and smell the b.s., don't you think? More than 80% of Americans thought the country was headed in the wrong direction, even before all of this market doo-doo hit the fan.. Can this bail-out not wait until after the election? I mean, it's only two months away... And if it can't, then will the right-wingers finally admit that banks and corporations left free to run amok as they please will NOT provide a sustainable world or society for anyone? That some level of well thought-out government and regulations and social programs is necessary for a sustainable society? Corporations, designated as ';persons'; on paper, legally, have more rights and freedoms than actual people do. But they exist for the bottom line only, and corporations don't care about the air you breathe, or the water you drink, you know what I'm saying? I'm not advocating pure communism, I'm just saying, as the fore-fathers said ';Government by the people, for the people.'; Maybe 'socialism' is not such a bad thing, I mean socialist countries in Scandinavia and elsewhere actually have a better overall standard of living than in the USA, over all, even if they pay more for gas, and there is still room for a (regulated) market in those countries. I mean, corporations, with their status as 'legal persons' and 'limited liability' were not around at the time of the founding fathers, correct me if I'm wrong... (if you can, watch the documentary ';The Corporation'; you will see, that in the way a corporation behaves, if it were an actual human being (or ';person,'; as per the law) it would be diagnosed as a sociopath or psychopath, according to the American Psychiatrists' Diagnostic Manual). Is this the kind of force that you want to decide how society is run? I mean, really?


http://www.thecorporation.com/





At any rate, if a massive tax-payer bail-out of these companies (along with their CEO's) is truly necessary to keep ';this sucker'; from going down, as George W. Bush recently put it, referring to the entire world economy, shouldn't he just shut his goddam mouth, and let people who have a clue sort out the mess he has helped to create?





Just asking.





p.s. I might give 10 pts. to anyone who can tell me the mathematical formula that they used to come up with the 700 billion dollar figure for Paulson to play with to help his buddies on Wall Street ...


Re: Bail-out; should Bush just shut up, and let someone else fix what he helped to break?
Bush said the economy was good one day before the collapse and McCain said it was alright one day after the collapse. To me both of them are either stupid or didn't have any economic knowledge.Re: Bail-out; should Bush just shut up, and let someone else fix what he helped to break?
Bush! Bush didn't cause this. This started with the Clinton Administration .
Bush cannot exactly 'fix' the economic situation. It has been skewed by the congress with underhanded dealings that are 'hidden' from entering into the 'picture'. Namely, 2/3's of the congressmen have been accepting BRIBES from Freddie and Fannie. Over $200,000,000 has been funneled to congressmen to 'grease the wheels' from the banks. How can Bush 'fix' a crooked mess like that? Those congressmen, starting with Dobbs and Franks should be placed in PRISON for the duration of the economic mess and PAY BACK the BRIBE money also.