Re: I Bet W.Buffet & B.Gates would (if asked) concur
- From: Wah Wah brush <Veggywow@xxxxxxxxx>
- Date: Sat, 4 Oct 2008 18:29:04 -0700 (PDT)
On Oct 3, 3:34 pm, azwhist...@xxxxxxxxx wrote:
Michael Moore: Here's How to Fix the Mess on Wall Street
Posted by Michael Moore, MichaelMoore.com at 3:56 AM on October 2,
2008.
We cannot simply keep protesting without proposing exactly what it is
we think Congress should do.
http://www.alternet.org/blogs/peek/101230/
Friends,
The richest 400 Americans -- that's right, just four hundred people --
own MORE than the bottom 150 million Americans combined. 400 rich
Americans have got more stashed away than half the entire country!
Their combined net worth is $1.6 trillion. During the eight years of
the Bush Administration, their wealth has increased by nearly $700
billion -- the same amount that they are now demanding we give to them
for the "bailout." Why don't they just spend the money they made under
Bush to bail themselves out? They'd still have nearly a trillion
dollars left over to spread amongst themselves!
...............s
4. IF YOUR BANK OR COMPANY GETS ANY OF OUR MONEY IN A "BAILOUT,"
THEN WE OWN YOU. Sorry, that's how it's done. If the bank gives me
money so I can buy a house, the bank "owns" that house until I pay it
all back -- with interest. Same deal for Wall Street. Whatever money
you need to stay afloat, if our government considers you a safe risk
-- and necessary for the good of the country -- then you can get a
loan, but we will own you. If you default, we will sell you. This is
how the Swedish government did it and it worked.
5. ALL REGULATIONS MUST BE RESTORED. THE REAGAN REVOLUTION IS DEAD..
This catastrophe happened because we let the fox have the keys to the
henhouse. In 1999, Phil Gramm authored a bill to remove all the
regulations that governed Wall Street and our banking system. The bill
passed and Clinton signed it. Here's what Sen. Phil Gramm, McCain's
chief economic advisor, said at the bill signing:
.....................s
10. CREATE A NATIONAL BANK, A "PEOPLE'S BANK." If we really are
itching to print up a trillion dollars, instead of giving it to a few
rich people, why don't we give it to ourselves? Now that we own
Freddie and Fannie, why not set up a people's bank? One that can
provide low-interest loans for all sorts of people who want to own a
home, start a small business, go to school, come up with the cure for
cancer or create the next great invention. And now that we own AIG,
the country's largest insurance company, let's take the next step and
provide health insurance for everyone. Medicare for all. It will save
us so much money in the long run. And we won't be 12th on the life
expectancy list. We'll be able to have a longer life, enjoying our
government-protected pension, and living to see the day when the
corporate criminals who caused so much misery are let out of prison so
that we can help reacclimate them to civilian life -- a life with one
nice home and a gas-free car that was invented with help from the
People's Bank.
Yours,
Michael Moore
MMFl...@xxxxxxx
MichaelMoore.com
who exactly iz theze, by name an address, iz these rich top pigz?
.
- References:
- I Bet W.Buffet & B.Gates would (if asked) concur
- From: azwhistler
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