Naomi Wolf: Give Me Liberty – A coup has taken place! (must-see video)

Dandelion Salad

talkingsticktv

Interview with Naomi Wolf author of “Give Me Liberty: A Handbook for American Revolutionaries” given October 4, 2008 on Mind Over Matters, KEXP 90.3 FM Seattle. Continue reading

Mosaic News – 10/3/08: World News from the Middle East

Dandelion Salad

Warning

.

This video may contain images depicting the reality and horror of war/violence and should only be viewed by a mature audience.

linktv

Mosaic needs your help! Donate here: http://linktv.org/contribute

Mosaic needs your help! Donate here: http://linktv.org/contribute
“Lebanese Election Law Generates Criticism,” Al Arabiya TV, UAE
“Afghan Kids Resort to Food Smuggling to Survive,” Al Jazeera TV, Qatar
“Turks & Syrians Celebrate Eid,” Syria TV, Syria
“US Helps Egypt to Locate Hamas’ Tunnels,” IBA TV, Israel
“Palestinian Women Enter Work Force,” Dubai TV, UAE
“US Should Correct Policies,” IRIB2 TV, Iran
“Iraqi Accordance Front Helps Iraqi Refugees,” Baghdad TV, Iraq
“Eid New York Style,” Algeria TV, Algeria
“An Alaskan Town Fears Oil Digging,” Al Jazeera English, Qatar
“Palin, Biden: Middle East 101,” Link TV, USA
Produced for Link TV by Jamal Dajani

Vodpod videos no longer available.

Bail-out leads to conflict of interest claims as Wall Street financiers cash in on crisis

Dandelion Salad

By Tim Shipman
Telegraph
Last Updated: 12:09AM BST 05 Oct 2008

New questions have been raised about the $700 billion economic bail-out of the US economy as President George W. Bush warned that the world may have to wait weeks for the benefits of the rescue package to be felt.

In a radio address to the nation, Mr Bush hailed the historic deal, the largest in US history, for providing “the necessary tools to address the underlying problem in our financial system” and “put our economy on the road to recovery”.

But he warned: “While these efforts will be effective, they will also take time to implement. The benefits of this package will not all be felt immediately.”

Doubts about the package were fuelled when financial experts warned that conflicts of interest could arise because Wall Street financiers, many of whom have been blamed for causing the financial meltdown in the first place, will have a hand in spending the $700 billion of taxpayers’ money.

[…]

It is a move reminiscent of the US government’s controversial use of private military contractors to fight the war in Iraq.

Experts warned the approach is laden with financial pitfalls, since it may be impossible to find independent contractors who do not have a vested interest in which debts to buy and the price at which they buy them.

[…]

via Bail-out leads to conflict of interest claims as Wall Street financiers cash in on crisis – Telegraph.

h/t: CLG

***

U.S. Treasury to Hire Up to 10 Asset Management Firms (Update1)

By Rebecca Christie and Robert Schmidt

Oct. 3 (Bloomberg) — The U.S. plans to hire five to 10 asset-management firms as Secretary Henry Paulson establishes the government’s new office for handling the financial bailout, a Treasury official said.

The department will also add about two dozen new employees, a mix of bankers, lawyers, accountants and others, the official said today on condition of anonymity. The Treasury’s first attempt to hold an auction to buy troubled assets from financial firms will take at least four weeks to set up, said the official.

[…]

via Bloomberg.com: Worldwide.

h/t: CLG

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

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The Economy Sucks and or Collapse

Chalmers Johnson: US wrong to believe it can maintain both a military and civilian economy

Dandelion Salad

TheRealNews

More at http://therealnews.com/c.ph…
Chalmers Johnson: US wrong to believe it can maintain both a military and civilian economy

Continue reading

Cheers In The Apocalypse By Gary Corseri

By Gary Corseri
featured writer
Dandelion Salad
Oct. 4, 2008

Collateral Debt Obligations galore
(and other arcane, bundled securities)
have ransacked my IRAs–and, what’s worse and what’s more,
appear to have scuttled my hopes for my sixties!

Continue reading

Chomsky: The Majority of the World Supports Iran + Nuclear Trade Deal With India + US Propaganda

Dandelion Salad

By Subrata Ghoshroy
ICH
10/03/08 “Alternet

In an exclusive and wide-ranging interview, Chomsky discusses the global politics of Iran’s and India’s attempts to become nuclear powers.

On Wednesday night, in a vote of 86 to 13, the U.S. Senate passed a historic nuclear deal with that will allow the United States to trade with India in nuclear equipment and technology, and to supply India with nuclear fuel for its power reactors. The deal is considered hugely consequential by its supporters and opponents alike — and a significant victory for the Bush administration.

Last month, Subrata Ghoshroy, a researcher in the Science, Technology and Global Security Working Group at the Massachusetts Institute of Technology, met with Noam Chomsky in his office at MIT, where he is the institute professor of linguistics. “Before we started our discussion,” Ghoshroy writes, “Professor Chomsky asked me to give him a little background information. I told him that I was researching missile defense, space weapons and the U.S.-India nuclear deal.” Ghoshroy is a longtime critic of the U.S. missile defense program and a former analyst at the Government Accountability Office who in 2006 blew the whistle on the failure — and attempted cover-up — of a key component of the program: a $26 billion weapon system that was the “centerpiece” of the Bush administration’s antimissile plan.

Ghoshroy and Chomsky discussed the then-pending nuclear deal, which would sanction trade hitherto prohibited by U.S. and international laws because of India’s refusal to sign the Nuclear Non-Proliferation Treaty and the nuclear tests it conducted in 1998. Ghoshroy has written several articles criticizing the U.S.-India deal as a triumph of the business lobby — an assessment Chomsky agreed with. He said that Condoleezza Rice is actually on record admitting what is truly behind this deal, which he characterized as a “non-proliferation disaster.”

Ghoshroy’s subsequent conversation with Chomsky touched on a number of interweaving topics, including: India and the importance of the non-aligned movement; the myths of free trade and the so-called “success” of neoliberalism; Washington’s historic opposition to promote new world economic and information orders; Latin America’s growing independence; the West’s hypocrisy over Iran’s nuclear program — and MIT’s ironic role in it during the shah’s regime; and, finally, U.S. elections and the prospects for change.

The result is a two-part interview, the second of which will run on AlterNet tomorrow. Part One begins with India, the Non-Aligned Movement, and why a “majority of the world supports Iran.” (The Non-Aligned Movement, which consists of some 115 or more representatives of “developing countries,” originated at the Asia-Africa Conference in Bandung, Indonesia, in 1955, which was convened mainly by newly independent former colonies from Africa and Asia to develop joint policies in international relations. Jawaharlal Nehru, then India’s prime minister, led the conference. There, “Third World” leaders shared their similar problems of resisting the pressures of the major powers, maintaining their independence and opposing colonialism and neo-colonialism, especially Western domination. India continued its vigorous participation and leadership role in NAM until the end of the Cold War. For further reading, visit the NAM Web site.)

***

Subrata Ghoshroy: (Comparing India) with the situation in Latin America, there is a lot more explicit stance (in Latin America) against imperialism and toward independence.

Noam Chomsky: It exists (in India), but I think that India should be in the lead, as it was in the l950s when it was in the lead in the non-aligned movement.

[…]

via Chomsky: “The Majority of the World Supports Iran”    : Information Clearing House – ICH.

***

Senate Backs Far-Reaching Nuclear Trade Deal With India
Measure Goes to Bush, Giving The President a Rare Victory

By Glenn Kessler
Washington Post Staff Writer
Thursday, October 2, 2008; Page A17

The Senate last night approved a historic agreement that opens up nuclear trade with India for the first time since New Delhi conducted a nuclear test three decades ago, giving the Bush administration a significant foreign policy achievement in its final months.

The bill, which passed 86 to 13, goes to President Bush for his signature, handing the chief executive a rare victory that both advocates and foes say will reverberate for decades. Bush and Secretary of State Condoleezza Rice, who conceived of the deal, have pushed hard for it from the earliest weeks of the president’s second term.

The agreement, which sparked fierce opposition from nuclear proliferation experts, acknowledges India as a de facto nuclear power, even though it has never signed the Non-Proliferation Treaty designed to prevent the spread of nuclear weapons. …

[…]

via Senate Backs Far-Reaching Nuclear Trade Deal With India – washingtonpost.com.

***

Chomsky: “If the U.S. Carries Out Terrorism, It Did Not Happen”

By Subrata Ghoshroy
AlterNet
October 4, 2008

In an exclusive interview, Noam Chomksy weighs in on the financial collapse, the election and the power of U.S. propaganda.

Part Two of Subrata Ghoshroy’s exclusive interview with Noam Chomksy takes on the United State’s capacity for revisionist history and propaganda, from Ronald Reagan’s supposed commitment to free markets, to American terrorist actions in Latin America in the 1980s, to the bankrupt rationale for Clinton’s intervention in Bosnia. Chomsky also elaborates on MIT’s role in developing computer technology in the service of the military industrial complex — which he discussed in Part One. Finally, he puts the current financial crisis into global context — and weighs in on the presidential election, explaining why, like any other race in which two pro-business parties dominate everything — it is “not a serious election.”

[…]

via Chomsky: “If the U.S. Carries Out Terrorism, It Did Not Happen” | ForeignPolicy | AlterNet.

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

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Mosaic News – 10/2/08: World News from the Middle East

The Economy Sucks and or Collapse

McCain-John

Palin-Sarah

Obama-Barack

“Small People” – Bailing Out Wall Street by Selling out Main Street By Cindy Sheehan

Cindy Sheehan for Congress

Cindy Sheehan

by Cindy Sheehan
Dandelion Salad
featured writer
Cindy Sheehan for Congress

Oct 3, 2008

I am watching the debate on CSPAN over HR 1424 the “Emergency Economic
Stabilization Act.” As you can imagine there is empty rhetoric on both
sides of the issue and there is bi-partisan support and opposition. If
anything, it’s a little more interesting than usual.

Rep Gary Miller (R-Ca), in a rare lapse of guarded “poli-speak” said
that this bill would help the “Small People.” Meaning, you and I.
Fundamentally, that’s what we are to the Congressional-Wall Street
Cabal—the “Small People.”

But, watching the proceedings, I am underwhelmed how these people are all of a sudden worried about we “Small People.”

Congress, under the failed leadership of Nancy Pelosi, has passed laws
to undermine our 4th Amendment rights to be safe and secure in our
personal correspondence, phone calls and emails. Nancy Pelosi’s
Congress has given George Bush over 500,000,000,000.00 dollars to age
his insane wars in Iraq and now they are going to give his Secretary of
the Treasure, Henry Paulson, (Former CEO of Goldman-Sachs),
850,000,000,000. 00. That’s a lot of zeros!

Congressperson after Congressperson have risen to say that we must hand
over billions of “Small People” tax dollars so “Small People” will not
“lose their jobs” or “lose their homes.” We “Small People” have been
losing our jobs and our homes at record paces only rivaled in the
1930’s, and not one Bill was passed to help the “Small People” keep our
jobs and homes. Tent cities are arising all over the country and
Congress is going to bailout an industry that caused these cities and
not only that, but use our money to help keep the CEO’s in the style to
which they have become accustomed.

Congressperson after Congressperson have also risen to say that their
constituents, we “Small People” are overwhelmingly against the bailout
of corporate piracy and pillaging, but he/she will vote for the Bill
anyway, because he/she knows better what is good for us “Small People.”
We will eat our spinach and like it, because our REPRESENTATIVES have
become mini-dictators in the shadow of the Fuhrers who are exercising
fascistic control over every aspect of our lives.

I would like to remind everyone that at the beginning of the year,
Congress passed another “emergency” bill that gave we “Small People” a
few hundred dollars that did nothing to stimulate the economy. The
solution to the crisis may cost billions of dollars, but not to hand to
Wall Street. The bill failed on Monday, but Wall Street did not crash.

The solution is to put our economy to work for we “Small People.”
Federal Jobs programs that pay living wages to repair our crumbling
infrastructure and rebuild the Gulf States so “Small People” can return
to their homes.

Put a moratorium on foreclosures until the housing bubble can adjust to
reasonable levels and restructure loans with fixed interest rates so
“Small People” can pay their mortgages and the economy will “Gurgle Up”
to the Congressional-Wall Street Cabal. We need to extend food stamp
and unemployment benefits to pump money directly into the “Small
People” economy.

Taxes need to be raised on the top one percent of wealthy people in
this country that own more wealth than the bottom ninety percent
combined. Taxes need to be reduced dramatically for the bottom 99%. A
.25 transaction fee for the people who gamble on Wall Street must also
be levied and put into the “Small People” economy for such programs as
education and energy.

Regardless, if HR1424 passes or fails, every Congressperson, Democratic
or Republican, who voted to sell out the “Small” Person needs to be
retired and not sent back to Congress in January.

Reject fear-based politics. We “Small People” need courageous
REPRESENTATIVES that will work on real solutions for us, because, as a
matter of fact, we are not the “Small People,” we are the sovereigns in
this Republic and we need to reassert our sovereignty and show our
employees in DC that we mean business.

Help me replace Nancy Pelosi in January, she has been the biggest Bush
enabler of them all. She sent a very obsequious letter to George Bush
this week promising him that Congress would pass a Bill for him. Not
only did she not hold him accountable for the crimes he has committed
while in office, she is giving him one last victory (at the expense of
we “Small People”) before he shamefully rides into the sunset while our
Republic is burning and Nancy Pelosi plays her fiddle, obediently.
George Bush is going to leave quite a mess, and this Congress has
proven that they not only do not know how to clean up his messes, but
they have collaborated in the orgy that made the mess.

Update: HR 1424 just passed and Congress applauded the marauding of our
Republic. We “Small People” have been given a significant defeat.

237-153
Democrats: 154 yeas; 58 nays
Republicans: 86 yeas; 103 nays
31 Reps not voting

see

Ralph Nader on The Wallstreet Bailout Bill!

Shame! Shame! Come Back Shame. by Joel S. Hirschhorn

The Question that should be at the Heart of the Bailout Debate: Will The Paulson Plan Work Or Potentially Make Things Worse?

Dennis Kucinich: Why! Why! Why! + Paul: You’re Going To Guarantee A Depression!!!

Betrayed by the Bailout: The Death of Democracy by William Cox

Goldman Sachs Bribed Senate To Pass Bailout Bill

Will the Crisis Brings Down the Global Financial System? Go Get Your Dollars Out Now! FAST!!!

Bailout Bedlam: Robbing the Taxpayers to Save the Banks by Dr. Ellen Brown

US congressman: If we don’t pass this bill, we’re going to have martial law in the United States

Does the Bailout Bill Mark the End of America as We Know It? by Richard C. Cook

The Economy Sucks and or Collapse

Sarah Palin Wins Debate—by Darn by Walter Brasch

by Walter Brasch
featured writer
Dandelion Salad
www.walterbrasch.com
Oct 4, 2008

The vice-presidential debates proved one thing. At the very least, Sarah Palin can be trained.

For several days, she had camped out in one of John McCain’s Arizona houses, where she underwent Debate Boot camp conducted by drill instructors who make Marine DIs appear to be slaggers.

With a few “darns,” “betchas,” and “ya”s, Palin managed to get all her talking points into the debate, even if she constantly changed the question to suit her note cards.

During the 90-minute debate, Palin six times referred to her experience as the mayor of a 6,000 resident village. Seven times, she specifically mentioned Ahmadinejad. Iran’s president, proud she knew the name, proud that she could pronounce it. No one asked if she knew his first name or anything else about him. Shades of George W. Bush in his first term trying to prove he knew something about foreign affairs by enunciating the names of a few world leaders—after several gaffes early in the campaign. Of course, twice Palin was wrong about the name of the U.S. commander in Iraq. Several times she noted she and John McCain are mavericks. About the sixth time she mentioned it, Joe Biden finally unleashed his debating skills. John McCain is no maverick he said in measured response. The Republican nominee voted with President Bush four times to extend the budget deficit, said Biden, who also pointed out that McCain went along with Bush on numerous health care and education issues, most of which were regressive rather than progressive, was one of the strongest backers of going to war with Iraq, and opposed tax cuts.

Palin’s answers were mostly glittering generalities as she peppered numerous responses with cheerleader messages about America, and even tossed in Reagan’s “shining city” example, and punctuated another response to Biden with a Reaganesque, “Say it ain’t so, Joe, there you go again pointing backwards again.” Her responses, after awhile, seemed to be more acceptable to a beauty contest than a vice-presidential debate.

Both Palin and Biden had a few factual errors, with Palin ahead in the count of misstatements, discrepancies, and outright lies, according to Factcheck.org, a non-partisan source at the University of Pennsylvania. Possibly Palin’s biggest problem, and something that should concern every voter, was that she bumbled on the constitutional definition of the role of the vice-president, something Biden quickly corrected.

Nevertheless, Palin came across as confident, charming, and folksy, even giving America three on-camera winks. She successfully muted her previous blunders in interviews with TV news anchors Charlie Gibson and Katie Couric, where she claimed Alaska provides 20 percent of the nation’s energy (it’s only 3.5 percent), revealed the only Supreme Court case she knows is Roe v. Wade, that like President Bush she probably isn’t much of a reader, believes she knows foreign affairs because Russia is a few miles from Alaska, and disguised her lack of knowledge of vice-presidents by claiming George H. W. Bush was the vice-president she admired the most because he “kind of learned the ropes in his position as VP and then moving on up.” In that same interview, responding to a question about what was the worst quality of the current vice-president, Joe Biden said it was shredding the Constitution; Sarah Palin said it was “the duck hunting accident.”

In the debate, Biden threw specifics after specifics. Almost every major online newspaper poll gave Biden the win, especially among undecided voters, with several polls showing him scoring in the 70s and 80s. The CNN poll showed that about 51 percent thought Biden did a better job, while 36 percent supported Palin. At MSNBC, it was 78 percent for Biden. Even the conservative Wall Street Journal readers polled online gave Biden 52 percent. The ultra conservative Drudge report, however, gave Palin the lead at 68 percent.

But, this was also a win for Sarah Palin. Expectations for her were so low that if she didn’t shoot a moose during the debate, people would be thrilled. In theatre, actors learn that their first responsibility is to learn their lines and don’t fall over the scenery. In this debate, Sarah Palin knew her prepared lines, and the scenery still stood after 90 minutes.

[Dr. Walter M. Brasch is an award-winning social issues columnist, former newspaper and magazine reporter and editor, and professor of journalism at Bloomsburg University. He is president of the Pennsylvania Press Club, and former president of the Keystone state chapter of the Society of Professional Journalist. He is also the author of 17 books, including America’ s Unpatriotic Acts: The Federal Giovernment’s Violation of Constitutional and Civil Rights (January 2005) and Sinking the Ship of State: The Presidency of George W. Bush (November 2007), available through amazon.com and other bookstores. He frequently writes about the media, social and political issues. You may contact Brasch at brasch@bloomu.edu or through his website at: www.walterbrasch.com.]

see

Vice Pres Candidate Matt Gonzalez on Biden-Palin “debate”

Let’s see – what’s the prevailing master narrative for these shows? By John Steppling

No Debate: Secret Control of Presidential Debates + The Ifill Truth: ALL the Debates are Biased!

Joe Biden & Sarah Palin VP Debate

McSexist: Town Hall 10/02/08 + Bush in 2000, Palin in 2008

McCain-John

Palin-Sarah

Obama-Barack

The Question that should be at the Heart of the Bailout Debate: Will The Paulson Plan Work Or Potentially Make Things Worse?

Dandelion Salad

by Danny Schechter
Global Research, October 3, 2008

Most of the people who oppose the bailout do so for ideological reasons. Conservative Republicans fear the advance of socialism in the form of government intervention. They picture themselves as saving the Republic from collectivist marauders out to destroy the free market. And that includes Henry Paulson the former head of Goldman Sachs who came to government from Wall Street and still embodies its values.

Democrats are divided too. Some say they’re voting for the bill while holding their noses. Others say they have to “do something” or else, and have no alternative plan. Still others see it as rewarding the people who created the crisis.

What the media often misses are the people who argue that the measure is unlikely to restore confidence or get credit flowing again.  These people are actually pragmatists and work in the financial industry. In large part because politics is polarized along partisan lines, their non-partisan assessments are not taken seriously.

Others don’t really analyze what’s in the bill and present it in symbolic terms as a needed solution without noting that in just a week it went from just three pages to over 451.

Actually, since everyone agrees that the crisis is unlikely to go away anytime soon, we have to look at more than one bill.

As for the insiders, there’s David Tice, a respected Denver investment advisor who told Investment News: “We don’t believe these bailout packages will fix the Wall Street credit mechanism,” he said. “Credit will be restrictive no matter what happens with the bailout package.”

Tice is projecting pain, doom and gloom for the next five years. The business outlet reported, “Mr. Tice provided a litany of reasons why he believes the U.S. economy is headed toward recession, if not a full-blown depression.”

The bill the Treasury Department insisted had to be simple and “clean” and could not allow the adding of provisions for bankruptcy reform ended up getting vast tax breaks tacked on as Bloomberg reported, “The U.S. Senate approved tax cuts valued at more than $100 billion, including a host of alternative energy credits and dozens of breaks for businesses and individuals, as part of its $700 billion bank rescue bill.”

Websites like Naked Capitalism were filled with contributions by economists and traders pointing to technical flaws in the plan that will undermine its effectiveness.

Example: “I think it’s very telling that in two days of hearings and two weeks of discussion we have yet to see *any* detailed mechanism for how Paulson’s plan will increase the supply of, say, inventory loans. It’s not that every economist in the world is an idiot, it’s just not going to help. I think people have fallen into the fallacy that if it costs a lot it must be valuable. Paulson’s plan falls into the category of very expensive way to hurt ourselves. (As for its cost, A treasury official was pressed on why they sought $700 billion: “where did that number come from, a study or data point?” No, he replied, we just wanted it to be big!”)

Hmmmm..

As for the bill itself, listen to Ralph Nader’s dissection, even if you think he’s a hasbeen.

“The revised bailout legislation is the same $700 billion piece of burnt toast, with some window dressing, sugar coating, and $150 billion of pork tax cuts covering everything from casinos to coal.

But this isn’t even the main course that Senate is serving up for Congress on Friday. The main course is on page 92 of the 451 page document:

BORROWING LIMITS TEMPORARILY LIFTED. – During the period beginning on the date of enactment of this Act and ending on December 31, 2009, the Board of Directors of the Corporation may request from the Secretary, and the Secretary shall approve, a loan or loans in an amount or amounts necessary to carry out this subsection, without regard to the limitations on such borrowing under section 14(a) and 15(c) of the Federal Deposit Insurance Act (12 U.S.C. 1824(a), 1825(c)).

Translation: Bush, McCain, and Obama want Congress to co-sign off on the mother of all blank checks, paving the way for a sinking dollar and higher interest rates.”

So before you turn the bailout into an argument between the sensible and responsible versus the emotional and angry, look at the details, consider the costs and ask why you are persuaded it will have the effect its proponents claim. TED spread is at a new record. Bad news

On Friday morning, the economist Paul Krugman sounded like a desperado:

“Double plus ungood news on multiple fronts this morning. The credit crunch is getting worse: LIBOR jumped again, the on employment: payrolls down 159,000, average work week down, official unemployment rate flat at 6.1 percent but broad measure (U6) up from 10.7 to 11.

We are going over the edge.”

China’s Premier Wen Jiabao told China Daily on Friday, “I’m very concerned.” He didn’t seem to buy into all the fear mongering, asking: “What is the actual degree of the problem? How will develop? What will be the effect on the US and the world.”  His advice: “Pluck up one’s courage and be confident as these are more important than gold or currency.

Ok, I am “plucked,” even as they plunder on, but we still don’t know with any certainty if the ever expanding bailout will straighten a system out of wack, create jobs, restore capitalism and make it all OK again?  Remember the NY Times first described the bailout as a “hail Mary play” in which you throw the football and pray. Has it come to that?

What if all of this “debate” is just more sound and fury, signifying less than meets the eye? Markets are still deeply “stressed” and its unlikely that the solution our Congress is backing will solve anything.

Danny Schechter is the author of PLUNDER: Investigating Our Economic Calamity (Cosimo—Newsdissector.com/Plunder) and the director of IN DEBT WE TRUST the film that warned of the crisis. (indebtwetrust.com)
Comments to
Dissector@mediachannel.org

© Copyright Danny Schechter, Global Research, 2008

The url address of this article is: www.globalresearch.ca/index.php?context=va&aid=10428

see

Dennis Kucinich: Why! Why! Why! + Paul: You’re Going To Guarantee A Depression!!!

Betrayed by the Bailout: The Death of Democracy by William Cox

Goldman Sachs Bribed Senate To Pass Bailout Bill

Will the Crisis Brings Down the Global Financial System? Go Get Your Dollars Out Now! FAST!!!

Bailout Bedlam: Robbing the Taxpayers to Save the Banks by Dr. Ellen Brown

US congressman: If we don’t pass this bill, we’re going to have martial law in the United States

Does the Bailout Bill Mark the End of America as We Know It? by Richard C. Cook

The Economy Sucks and or Collapse

Ralph Nader Posts & Videos

Dennis Kucinich: Why! Why! Why! + Paul: You’re Going To Guarantee A Depression!!!

Dandelion Salad

CSPANJUNKIEdotORG

http://cspanjunkie.org/
October 03, 2008 C-SPAN

Vodpod videos no longer available.

more about “Dennis Kucinich: Why! Why! Why! “, posted with vodpod

see: Kucinich: It Is Still a Bad Bailout

***

Ron Paul: You’re Going To Guarantee A Depression!!!

Vodpod videos no longer available.

***

MARCY KAPTUR FOR PRESIDENT!

see

Betrayed by the Bailout: The Death of Democracy by William Cox

Goldman Sachs Bribed Senate To Pass Bailout Bill

Will the Crisis Brings Down the Global Financial System? Go Get Your Dollars Out Now! FAST!!!

Bailout Bedlam: Robbing the Taxpayers to Save the Banks by Dr. Ellen Brown

US congressman: If we don’t pass this bill, we’re going to have martial law in the United States

The New American Century: Cut Short By 92 Years By Mike Whitney

Does the Bailout Bill Mark the End of America as We Know It? by Richard C. Cook

The Economy Sucks and or Collapse

Vice Pres Candidate Matt Gonzalez on Biden-Palin “debate”

Dandelion Salad

votenader08

Oct 3, 2008

Vodpod videos no longer available.

more about “Vice Pres Candidate Matt Gonzalez on …“, posted with vodpod

see

No Debate: Secret Control of Presidential Debates + The Ifill Truth: ALL the Debates are Biased!

Joe Biden & Sarah Palin VP Debate

McSexist: Town Hall 10/02/08 + Bush in 2000, Palin in 2008

Geraldine Ferraro & George H W Bush VP Debate 1984

Open the Debates Rally Speech Uncut + Paul Press Conference featuring Ralph Nader

Be a Freedom Writer – Take Action: Open the Debates

The Termi-Nader

Ralph Nader Posts & Videos

McCain-John

Palin-Sarah

Obama-Barack