I would like to propose my own bailout plan. My suggestions, listed below, are predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: There… is… no… free… lunch.
A must-read proposal.
Senator Bernie Sanders:
For years now, they’ve told us that we can’t afford — that the government providing healthcare to all people is just unimaginable; it can’t be done. We don’t have the money to rebuild our infrastructure. We don’t have the money to wipe out poverty. We can’t do it. But all of a sudden, yeah, we do have $700 billion for a bailout of Wall Street.
(Via DF, via µ Slabs, via Democracy Now!)
Barack Obama will cut taxes for over 95% of American families (even though more than half of American think he’ll raise their taxes).
Calculate your tax cut at ObamaTaxCut.com
NYT:
Senator Ted Stevens of Alaska, the longest-serving Republican senator in United States history and a figure of great influence in Washington as well as in his home state, has been indicted in connection with a federal corruption investigation.
Yes! Lock the man up and get someone non-senile in there instead.
You may remember Stevens from his series of tubes remarks or simply from the fact that he’s the king of pork-barrel politics in the Senate.
Can you believe that the CEO of Fannie Mae who salary rose to $13.4 million this year is not getting fired? Instead, his corrupt company is getting bailed out by the Federal Government.
Fannie Mae bailout: Taxing America’s poorest citizens to help the richest:
In Roman times the employees of Fannie Mae would be decimated, i.e., they would draw lots and 90 percent of them would beat the unlucky 10 percent to death with clubs. What would be a modern equivalent? At the very least taxpayers should have the satisfaction of seeing the highest paid 100 Fannie Mae employees fired with two weeks of severance pay (it can’t be that hard to find replacements given that the current staff’s primary achievements have been accounting fraud and then insolvency).
It’s like Patton Oswalt’s ‘Dukes of Hazard’ bit: “Ain’t no way they gonna get away with this one! Skup-dup-dubby-doop-do” (Edit: fixed link here, it’s pretty good stuff so take a listen.)
(Via DF)