Home » Blogs » Sarah's blog

Common Sense Approach to Wall Street's Bank Robbers

Sarah's picture
Tue, 09/30/2008 - 1:23am — Sarah

Not a bailout, but a bail hearing. Jim Hightower has more, but here's the money quote:

Henry Paulson went running after the Wall Street Gang – not to arrest them, but to cover their wrongdoing with a $700-billion bailout.

That’s more than $2,000 for every man, woman, and child in our land – victims being forced to pay the perpetrators of a legalized theft that has wrecked the housing market, eliminated thousands of jobs, and sent our economy into a deep tailspin.

Bookmark/Search this post with:
  • Buzz Up!
  • del.icio.us
  • Digg
  • Facebook
  • Forward
  • Google
  • Newsvine
  • Reddit
  • SlashDot
  • StumbleUpon
  • Yahoo
»

Comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
makana44's picture

Another Hightower money quote worth reading

By makana44 on Tue, 09/30/2008 - 3:03am

The Bushites tell us we have no choice, for these giants are “too big to fail.” Well – hello – if that’s so, it’s time to break them up, not make them even bigger and fewer. Let’s put a little competition in the system, so America does not remain at the mercy of a handful of financial greedheads and boneheads.

May it's finally time for a meta discussion about Arthur Silber's oft repeated plea:

Grow up. Be adults about this. And for God's sake, be serious.

»

Help the hamsters with their winter heating bill ...

… as they power the wheels that turn the servers at The Mighty Corrente Building. Please, won’t you help them keep their cages shiny?

No PayPal Account required! Give the hamsters immediate relief!

Or Subscribe to make a monthly payment!

Corrente is completely supported by contributions from readers. Thank you!

Download Citibank Plutonomy files

Part 1 [PDF]

Part 2 [PDF]

Good reading! Favorite quote: What could go wrong?
Beyond war, inflation, the end of the technology/productivity wave, and financial collapse, we think the most potent and short-term threat would be societies demanding a more ‘equitable’ share of wealth.

The 12 Word Platform

1. Medicare for All

2. End the Wars

3. Tax the Rich

4. A Jobs Guarantee

Senior fellows of The Mighty Corrente Building

Leah (CA), Lambert (PA/ME), RDF (??), BDBlue (DC), Hipparchia (FL), MsExPat (NY), letsgetitdone (DC), twig (LA), Tony Wikrent, (NC), jawbone (PA).

Corresponding fellows

danps.

Western Coordinator

coyotecreek

Correspondents

Health care reform: DCBlogger.

Fellows emeritus

mjs, Riggsveda, Tresy, Tom, hekebolos, chicagodyke, shystee, and Xenophon, Vastleft (MA), Sarah (TX).

Random term

DFH

Dirty Fucking Hippie. Hat tip, Atrios. [Welcome, Paul Krugman readers. --lambert]

I support Americans United for Separation of Church and State.

Americans United is dedicated to preserving the constitutional principle of church-state separation as the only way to ensure religious freedom for all Americans.