Rare Political Post the First
Sep. 21st, 2008 01:30 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
frahulettaesReaders of my journal know I've been trying to keep this space for fun. Food, cooking, life and Supernatural.
But the best of intentions and all that.
So, if you're following the Wall Street Fiasco at all, you may be interested in this excellent article by Sterling Newberry over on Daily Kos.
Sterling returns after a two year absence to speak about the proposed 700 billion bailout of the Wall Street Crisis.
Article is in this Link
Excerpt:
Let us speak of rights and reason. Of rights we have to begin from the final humiliation against a free people a proposal to grant dictatorial powers to an outgoing administration. In effect, the ability to hide all of the financial wrong doing of the last 8 years.
However, what is important now is a solution. What we need now, is reason in action, as we already have reason to act.
If you're at all inclined, I'd suggest emailing your state, local and federal officials.
I don't have a way to really articulate how I feel about this whole thing besides fear. I'm learning a lot about my own money right now and that alone scares me. Looking into the precipice of Global Financial Failure leaves me somewhat terrified.
I do like what one commenter said on Robert Reich's journal regarding rules for the bailout:
Blogger kayxyz said...
...Disband Congress. If the lobbying cannot be outlawed, then Congress should disband. Even in the HBO production of John Adams, one charater states that the intent of Congress is that "your NEIGHBORS" should be your representatives. None of my neighbors are my representative, and I certainly disregard Elizabeth Dole and Richard Burr.
The US Congress's original composition and job description was to attend sessions, vote on a very few bills, then return to their states where they held full time positions.
Someone said every Congressional committee should be covered at all times, day and night, by CSPAN or more likely YouTube, for transparency. All meetings with lobbyists certainly should be. K St should be under constant surveillance.
From this post.
No comments necessary. Just trying to dispel panic with information. If that's at all possible.
But the best of intentions and all that.
So, if you're following the Wall Street Fiasco at all, you may be interested in this excellent article by Sterling Newberry over on Daily Kos.
Sterling returns after a two year absence to speak about the proposed 700 billion bailout of the Wall Street Crisis.
Article is in this Link
Excerpt:
Let us speak of rights and reason. Of rights we have to begin from the final humiliation against a free people a proposal to grant dictatorial powers to an outgoing administration. In effect, the ability to hide all of the financial wrong doing of the last 8 years.
However, what is important now is a solution. What we need now, is reason in action, as we already have reason to act.
If you're at all inclined, I'd suggest emailing your state, local and federal officials.
I don't have a way to really articulate how I feel about this whole thing besides fear. I'm learning a lot about my own money right now and that alone scares me. Looking into the precipice of Global Financial Failure leaves me somewhat terrified.
I do like what one commenter said on Robert Reich's journal regarding rules for the bailout:
Blogger kayxyz said...
...Disband Congress. If the lobbying cannot be outlawed, then Congress should disband. Even in the HBO production of John Adams, one charater states that the intent of Congress is that "your NEIGHBORS" should be your representatives. None of my neighbors are my representative, and I certainly disregard Elizabeth Dole and Richard Burr.
The US Congress's original composition and job description was to attend sessions, vote on a very few bills, then return to their states where they held full time positions.
Someone said every Congressional committee should be covered at all times, day and night, by CSPAN or more likely YouTube, for transparency. All meetings with lobbyists certainly should be. K St should be under constant surveillance.
From this post.
No comments necessary. Just trying to dispel panic with information. If that's at all possible.
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no subject
Date: 2008-09-21 09:40 pm (UTC)