Alternative to the 700 Billion Dollar Bail Out!

Alternative to the 700 Billion Dollar Bail Out!

kucinich.us

While Wall Street and the Bush Administration try to blackmail Congress into a $700 billion bailout for corporations that have shown zero concern about the plight of the American people through the last decade, I have been working on a comprehensive alternative. Today, I am releasing a plan for economic recovery that will provide not only economic stimulus, but also fairness for everyday people on every "Main Street" in America.

(visit the link for the full news article)


Related News Links:
www.kucinich.us

Related AboveTopSecret.com Discussion Threads:
McCain Suspends Campaign To Help With Financial Crisis
10 Things You Should Know About the Trillion Dollar Bailout
Bernanke Warns Lawmakers on Economic Strain; President Bush to Address Nation

Be sure to click the link to the page to view the actual plan that he is putting forth. Lets not give the wealthy a clean way out of the mess they made, just because the wealthy now cry fowl doesn't mean this isn't a capitalist economy anymore. Lets help "main street" as much as we are going to help Wall Street.

kucinich.us
(visit the link for the full news article)

here's the link to the plan

kucinich.us...

As RP says above........ how about just having some sound money!



haha

I would give Kucinich my fanny and my vote for president if he were to run. I love that man!

He tried to, the last 2 elections...

reply to post by Iosephos


He's such a good man. He sucked a fair amount of voters into "the know" this year with his campaign. Even when it seems hopeless, a few good men are still trying to bail us out.

I was going to vote for him as well but sadly he dropped out long before the NY primary... I just thought reading over this it made more sense than throwing 700 Billion out the window...

Kucinich's plan is nothing short of a complete and absolute Socialist takeover of the entire United States Market. America was founded upon Capitalism, and Capitalist it shall remain. If the U.S. were to even attempt an implementation of Dennis Kucinich's plans, you would be looking at a 60% + tax rate. His plans are so far left of normal American Democrat ideals, that he is actually a Marxist. Kucinich's "wonderful" plans would result in COMPLETE Governmental control of the current Free Market, and a total trashing of Free Enterprise through the destruction of Small Businesses. He sounds more like he belongs in the Bay Area as opposed to Mid-Western Ohio.

Will we never learn?
Any lame brain that can balance a checkbook knows that you can’t spend what you don’t have. And when you lose your job, or as a country, JOBS as in overseas, you start cutting back. You don’t look for new and inventive ways to spend money. Like on wars, nation building, or rebuilding someone that you just beat up!

Just as in the days after 911 and the push for the patriot act or in the run up to the war in Iraq, we are hearing of the dire consequences of thinking instead of acting.

Seven Hundred BILLION dollars for a bail out, for a bunch of crooks who think nothing of sending our jobs overseas or finding innovative ways to cheat us out of our insurance policies.

To put seven hundred billion dollars in perspective;
That money represents the contribution of three dollars and twenty-eight cents for each man, women and child in the United States. That’s everyone, babies, children, pregnant, disabled, unemployed, incarcerated and the infirm. Put another way, it is as if the U.S. government were asking for fifteen cents from every living human being on the planet.

Sorry, but there is something fundamentally wrong with this sum of money being GIVEN to a bunch of crooks who will use it to pull the same crap on us again and again.

How about a new proposal.
Instead of giving this money to business, so that they can buy even more government.
How about we give it to the people. Maybe it will "trickle up" to business the way that it was supposed to "trickle down" to the people during the tax breaks that have already been given business in the recent past.

The people of the United States could use the money to pay down debt, which will allow them to become more competitive and solvent. Maybe everyone doesn't need a bailout, so don’t give it to them. Base it on income, for those that do need help they can buy medical, dental or vision insurance. Maybe not as good as the insurance that big business or big government has, but maybe it will be enough. The people could use it to pay off their mortgages so at least they won’t have to worry about a roof over their heads while they’re trying to figure out how to buy gasoline to get to work, pay for water, heat, groceries and prescriptions.

Maybe we should think about a government for the people, by the people again, instead of government by the politicians, and for the big business.

I like that his Plan,
unlike the Paulson & Congress Plan's do not include the item;

Trash For Cash
i.e. $700bn for never-to-redeemed-at-any-price debt paper

www.rgemonitor.com...

go to the site click on what is under "spotlight issues"

the first section only shows the latest four, so you will have to click the link that says "next 4" and it was the fifth one (when i visited) the title is called "alternatives for TARP" here you may find more intelligent more unbiased financial minds with REAL solution's

oh ya and read this one posted today as well, have a drink nearby (this guy has been on the money for over a year, ) Nuriel roubini

www.rgemonitor.com... _risk_of_a_total_systemic_meltdown_is_now_as_high_as_ever

[edit on 30-9-2008 by cpdaman]

[edit on 30-9-2008 by cpdaman]