[Peace-discuss] senators who voted against the $800 B +++ bailout bill...

Jenifer Cartwright jencart13 at yahoo.com
Fri Oct 3 11:55:25 CDT 2008


Thanks for clarifying my position John, well said. And Wayne, I can only add that I hope you are right that it is far from over (while my cynical self sez it will be otherwise).
 --Jenifer

--- On Fri, 10/3/08, E. Wayne Johnson <ewj at pigs.ag> wrote:

From: E. Wayne Johnson <ewj at pigs.ag>
Subject: Re: [Peace-discuss] senators who voted against the $800 B +++ bailout bill...
To: "John W." <jbw292002 at gmail.com>
Cc: jencart13 at yahoo.com, "Peace-discuss" <peace-discuss at anti-war.net>
Date: Friday, October 3, 2008, 9:27 AM


The legislators are still ultimately accountable to the people.
There are some like Lugar in Indiana who have said that they
dont care that the people are against it.

I think that this matter is far from over.

http://www.youtube.com/watch?v=zM79QpaxvOs

John W. wrote: 



On Fri, Oct 3, 2008 at 1:26 AM, E. Wayne Johnson <ewj at pigs.ag> wrote:



If you havent heard anyone suggesting no bailout whatsoever you really 
have your head in the sand, Jenifer.

As usual, Wayne, you're a bit confused.  Jenifer isn't referring to the common people, many of whom are of course  unqualifiedly against the sellout....errr, bailout.  She is referring to our legislators.  There are only a very tiny few, like Kucinich, who are flatly against the bailout.  Most of 'em simply want more perquisites for those whom they perceive to be their constituents.  This is why a simple 3-page bailout bill, granting absolute powers to the deity Hank Paulson, has become an omnibus bill, with pork for every single legislator.

Imagine....the Bazelon Center for Mental Health Law is urging its supporters to call their Representatives in DC and say, "I'm calling to ask that the Representative vote for the Emergency Economic Stabilization Act that includes needed mental health and addiction parity legislation."  Now where did THAT come from?  What on earth does mental health parity have to do with economic stabilization?  (Beyond, of course, the fact that we and our children and our children's children are all going to NEED mental health care to prevent us from committing suicide when the bill for the Economic Stabilization Act comes fully due.)  Isn't there a better way to achieve mental health parity (like, say, UNIVERSAL SINGLE-PAYER HEALTH CARE) than to subject generations of American taxpayers to crushing debt so that investment bankers and their lobbyists can continue to "party hearty"?

 

Where you think the money is going to come from?  You want to add to
the national debt?  Further inflate the currency?  Devalue the dollar?

Who and where is the bailout going to?  

What about the $100 billion of junk the
bailout has been loaded with?  Who will pay for that?

Why are you asking these questions?  Jenifer and I, and most readers of the peace-discuss list, know the answers to these questions.  We're ON YOUR SIDE, Wayne.  But our legislators are most assuredly not.


 



Jenifer Cartwright wrote: 





I haven't heard anyone suggesting no bailout whatsoever... Most seem to believe that some rescue really is necessary tho' the extreme rush has been overstated... but that the corps and execs who screwed up should get stiff penalties, along w/ strict oversight and very good breaks for Mainstreet, etc etc. 
 --Jenifer 

--- On Thu, 10/2/08, E. Wayne Johnson <ewj at pigs.ag> wrote:

From: E. Wayne Johnson <ewj at pigs.ag>
Subject: Re: [Peace-discuss] senators who voted against the $800 B +++ bailout bill...
To: jencart13 at yahoo.com
Cc: "Peace-discuss" <peace-discuss at anti-war.net>
Date: Thursday, October 2, 2008, 1:28 PM


I have to rather firmly disagree with you on this one, Jenifer, 
although that is a fairly standard partisan explanation that you provide.

Many of those who voted against it whether R or D, did so because the measure is fundamentally flawed,
and they see the only possible remedy as allowing the failing institutions to collapse and be liquidated,
following which event the economy will recover.  Propping up these institutions by printing more 
money will not do anything for the long term and will further add to the continuing inflation and collapse of the dollar.

Jenifer Cartwright wrote: 

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