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GlobalGramma's comments:
on Time to Bail?
The irrefutable evidence is in. We don't need a standardized test to know the score. The Republican Party gets an F in economics, domestic and global. Its 30 year old policy of DE-REGULATION has literally consumed our economy.
Now it wants to eat the taxpayers for lunch, your future and mine, our children's and our grandchildren's, without a shred of oversight.
And this is AFTER the US Dollar had lost 40% of its value from 2000-2008 under Bush/Cheney!
SOS to Voters: FIRE ALL REPUBLICANS, EVERY LAST ONE OF THEM. It is time for a well deserved lesson in accountability for the party and the politicians that have made accountability in education their mantra.
Now it wants to eat the taxpayers for lunch, your future and mine, our children's and our grandchildren's, without a shred of oversight.
And this is AFTER the US Dollar had lost 40% of its value from 2000-2008 under Bush/Cheney!
SOS to Voters: FIRE ALL REPUBLICANS, EVERY LAST ONE OF THEM. It is time for a well deserved lesson in accountability for the party and the politicians that have made accountability in education their mantra.
posted 4 years, 8 months ago
view in context
on Time to Bail?
Yes, Frankhaas, we must proceed with the bailout...I totally agree with you, as much as it curdles my blood. BUT it doesn't have to be hurried. And we DON'T have to surrender all safeguards to the Secretary of the Treasury of this or any future administration. We need thoughtful legislation, crafted with the input of a wide variety of economic experts...not a hastily patched together legislative Frankenstein that will come back to bite us in the ass and potentially drive even the US Govt into bankruptcy with. SAFEGUARDS. ACCOUNTABILITY. EQUITY POSITIONS FOR THE TAXPAYERS. NO GOLDEN PARACHUTES FOR THE EXECS WHO CREATED THIS MESS. AND BUYING THESE SECURITIES AT THEIR HOPED-FOR, IMPROVED FUTURE VALUE RATHER THAN TODAY'S VALUE???? Are they nuts? How stupid do they think we are? There has to be a more creative, sound way to proceed.
posted 4 years, 8 months ago
view in context
on Time to Bail?
With 30 years of DE-REGULATION pounding us into economic oblivion, it is time for American taxpayers/voters to bail on the Republican Party. They are far too committed to big business and the fat cat friends to generate the crtically needed RE-REGULATION that our financial system requires. If they stay in office, we will have more of the same, meaningless ENRON-type band-aids to give the appearance rather than substance of REFORM. It is ludicrous that they want the taxpayers on the hook with NO OVERSIGHT or accountability! Is there any limit to their contempt for the public?
posted 4 years, 8 months ago
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on Congressional Opinions on the Bail Out
With 30 years of De-Regulation pounding us into economic oblivion,
the Oregon delegation had better take a firm, united stand for re-regulation with real teeth in it, and against giving carte blanche for Secretary of the Treasury, with no accountability to ANYONE, even the courts. They need to JUST SAY NO to another blank check for this, or any future administration. While, yes, the situation is critical, the last thing we need is to be rushed into BAD legislation! The voters are watching. Ensure an equity interest for taxpayers in any companies/securities we rescue and shred the golden parachute of executives that created this mess, or get out of office!
the Oregon delegation had better take a firm, united stand for re-regulation with real teeth in it, and against giving carte blanche for Secretary of the Treasury, with no accountability to ANYONE, even the courts. They need to JUST SAY NO to another blank check for this, or any future administration. While, yes, the situation is critical, the last thing we need is to be rushed into BAD legislation! The voters are watching. Ensure an equity interest for taxpayers in any companies/securities we rescue and shred the golden parachute of executives that created this mess, or get out of office!
posted 4 years, 8 months ago
view in context
