Corporate Crime Fighters! Coup Averted
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> See the results of people actions.There are many reasons for
> hope.....Connie Fogal
>
> So the ball is in the Democrats' hands. The gun from Wall Street
> remains at their head. Before they make their next move, let me tell
> you what the media kept silent about while this bill was being
> debated:
> 1. The bailout bill had NO enforcement provisions for the so-called
> oversight group that was going to monitor Wall Street's spending of
> the $700 billion;
> 2. It had NO penalties, fines or imprisonment for any executive who
> might steal any of the people's money;
> 3. It did NOTHING to force banks and lenders to rewrite people's
> mortgages to avoid foreclosures -- this bill would not have stopped
> ONE foreclosure!;
> 4. It had NO teeth anywhere in the entire piece of legislation, using
> words like "suggested" when referring to the government being paid
> back for the bailout;
> 5. Over 200 economists wrote to Congress and said this bill might
> actually WORSEN the "financial crisis" and cause even MORE of a
> meltdown.
>
> fyi-janet
>
>
> ------- Forwarded message follows -------
> From: "Michael Moore"
> To: jmeaton@ns.sympatico.ca
> Date sent: Tue, 30 Sep 2008 03:44:09 -0400
> Send reply to: maillist@michaelmoore.com
>
> Friends,
> Everyone said the bill would pass. The masters of the universe were
> already making celebratory dinner reservations at Manhattan's finest
> restaurants. Personal shoppers in Dallas and Atlanta were dispatched
> to do the early Christmas gifting. Mad Men of Chicago and Miami were
> popping corks and toasting each other long before the morning latte
> run.
> But what they didn't know was that hundreds of thousands of Americans
> woke up yesterday morning and decided it was time for revolt. The
> politicians never saw it coming. Millions of phone calls and emails
> hit Congress so hard it was as if Marshall Dillon, Elliot Ness and
> Dog the Bounty Hunter had descended on D.C. to stop the looting and
> arrest the thieves.
> The Corporate Crime of the Century was halted by a vote of 228 to
> 205. It was rare and historic; no one could remember a time when a
> bill supported by the president and the leadership of both parties
> went down in defeat. That just never happens.
> A lot of people are wondering why the right wing of the Republican
> Party joined with the left wing of the Democratic Party in voting
> down the thievery. Forty percent of Democrats and two-thirds of
> Republicans voted against the bill.
> Here's what happened:
> The presidential race may still be close in the polls, but the
> Congressional races are pointing toward a landslide for the
> Democrats. Few dispute the prediction that the Republicans are in for
> a whoopin' on November 4th. Up to 30 Republican House seats could be
> lost in what would be a stunning repudiation of their agenda.
> The Republican reps are so scared of losing their seats, when this
> "financial crisis" reared its head two weeks ago, they realized they
> had just been handed their one and only chance to separate themselves
> from Bush before the election, while doing something that would make
> them look like they were on the side of "the people."
> Watching C-Span yesterday morning was one of the best comedy shows
> I'd seen in ages. There they were, one Republican after another who
> had backed the war and sunk the country into record debt, who had
> voted to kill every regulation that would have kept Wall Street in
> check -- there they were, now crying foul and standing up for the
> little guy! One after another, they stood at the microphone on the
> House floor and threw Bush under the bus, under the train (even
> though they had voted to kill off our nation's trains, too), heck,
> they would've thrown him under the rising waters of the Lower Ninth
> Ward if they could've conjured up another hurricane. You know how
> your dog acts when sprayed by a skunk? He howls and runs around
> trying to shake it off, rubbing and rolling himself on every piece of
> your carpet, trying to get rid of the stench. That's what it looked
> like on the Republican side of the aisle yesterday, and it was a
> sight to behold.
> The 95 brave Dems who broke with Barney Frank and Chris Dodd were the
> real heroes, just like those few who stood up and voted against the
> war in October of 2002. Watch the remarks from yesterday of Reps.
> Marcy Kaptur, Sheila Jackson Lee, and Dennis Kucinich. They spoke the
> truth.
> The Dems who voted for the giveaway did so mostly because they were
> scared by the threats of Wall Street, that if the rich didn't get
> their handout, the market would go nuts and then it's bye-bye stock-
> based pension and retirement funds.
> And guess what? That's exactly what Wall Street did! The largest,
> single-day drop in the Dow in the history of the New York Stock
> exchange. The news anchors last night screamed it out: Americans just
> lost 1.2 trillion dollars in the stock market!! It's a financial
> Pearl Harbor! The sky is falling! Bird flu! Killer Bees!
> Of course, sane people know that nobody "lost" anything yesterday,
> that stocks go up and down and this too shall pass because the rich
> will now buy low, hold, then sell off, then buy low again.
> But for now, Wall Street and its propaganda arm (the networks and
> media it owns) will continue to try and scare the bejesus out of you.
> It will be harder to get a loan. Some people will lose their jobs. A
> weak nation of wimps won't last long under this torture. Or will we?
> Is this our line in the sand?
> Here's my guess: The Democratic leadership in the House secretly
> hoped all along that this lousy bill would go down. With Bush's
> proposals shredded, the Dems knew they could then write their own
> bill that favors the average American, not the upper 10% who were
> hoping for another kegger of gold.
> So the ball is in the Democrats' hands. The gun from Wall Street
> remains at their head. Before they make their next move, let me tell
> you what the media kept silent about while this bill was being
> debated:
> 1. The bailout bill had NO enforcement provisions for the so-called
> oversight group that was going to monitor Wall Street's spending of
> the $700 billion;
> 2. It had NO penalties, fines or imprisonment for any executive who
> might steal any of the people's money;
> 3. It did NOTHING to force banks and lenders to rewrite people's
> mortgages to avoid foreclosures -- this bill would not have stopped
> ONE foreclosure!;
> 4. It had NO teeth anywhere in the entire piece of legislation, using
> words like "suggested" when referring to the government being paid
> back for the bailout;
> 5. Over 200 economists wrote to Congress and said this bill might
> actually WORSEN the "financial crisis" and cause even MORE of a
> meltdown.
> Put a fork in this slab of pork. It's over. Now it is time for our
> side to state very clearly the laws WE want passed. I will send you
> my proposals later today. We've bought ourselves less than 72 hours.
> Yours,
> Michael Moore
> MMFlint@aol.com
> MichaelMoore.com
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