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"No Blank Check" or "No %$#!*@ Check"

By David Swanson

The last time the Democrats all started bleating "No blank check - No blank check" it meant only one thing. They were signing a check and scribbling a bunch of nonsense in the memo line.

If history is any guide, we can expect a bill to come out of Congress requiring that the Secretary of the Treasury make a report to Congress within three months on all areas covered by the legislation, with the exception of those he chooses not to report on.

In particular, he will be required, if he chooses, to report on the progress being made toward compelling families that have lost their homes to pay for their own foreclosures. Fair is fair, and the Iraqis are going to start paying for their own occupation someday very soon.

The Treasury Secretary will be required to report, if he chooses, on key benchmarks, including equitable sharing among all plutocrats of our Social Security savings. This is a question of fair and equitable distribution of resources and might serve as a model for the still badly needed Iraq hydro-carbon law, which is also purely about fairness. The same goes for Medicare and the money raised from selling off our schools.

At least that's the pessimistic prediction. On the other hand, there is an important variable that has been altered in this case. We are talking about throwing a trillion dollars of our grandchildren's money at people who do not need it, but this time we're proposing to do it for something other than war. There are no flags waving or war music playing for this one. As a result, it's possible to see things like an article on CNN that begins:

"NEW YORK ( -- 'NO NO NO. Not just no, but HELL NO,' writes Richard, a reader from Anchorage, Alaska. 'This is robbery pure and simple,' Anna from Denver posted on's TalkBack blog this weekend. 'It's our money! Let these companies die,' added Claudio from Plainville, Conn."

Similar comments on wars are simply not published by CNN in the heat of an invasion. Will our so-called representatives notice the difference? I wouldn't count on it. The smart investment right now is in a moving van pointed toward Canada.

I just read Thomas Frank's "The Wrecking Crew," and his central point is a timely one. When neocons wreck government they consider it a victory. Scandalous earmarks on bills are a good thing because they make people hate government, which is the higher purpose of all governmental malfeasance. When FEMA proves incompetent, success has been achieved, because the goal is to convince everyone that government is incompetent, that corporations are where all skill and responsibility can be found.

"People being pissed off at government is the very ore of right-wing discontent," Frank writes. "Corrupt earmarks, inserted by conservatives, lead to conservative victory. But, you protest, nobody really falls for this. Everyone knows that the guy who got the 'Bridge to Nowhere' earmark was a conservative Republican. People know where the blame belongs, and they punish the malefactor.

"Maybe so. But remember the long-term effects of Watergate. While the immediate consequences of Nixon's outrageous behavior were jail sentences for several conservative Republicans and the election of a bumper crop of liberals to Congress in 1974, Watergate permanently poisoned public attitudes toward government and stirred up the wave that swept Ronald Reagan into office six years later -- and made antigovernment cynicism the default American political sentiment."

All of which puts a different perspective on a government proposal to hand governmental levels of funding over to Wall Street. If the proposal goes through and the companies survive, the credit goes to Wall Street and the crushing debt requiring slashing of useful services goes to government. If the proposal fails, it also succeeds, by turning people against big government spending and interference in the Marketplace. After all, this proposal is "socialism," and if you oppose it, then you certainly must oppose such identical horrors as "socialized medicine."

For neocons, this was an easy decision. When you control the media, and your opponents are Democrats, there's almost no way for you to lose. So why wouldn't you propose borrowing a trillion dollars to hand out to your friends?

Of course, in theory, the Democrats could stop saying "No blank check" and start saying "No +&*^%!# check!" but I'm not going to hold my breath until they do.


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Wall Street finances and controls BOTH the Democrats and the Republicans. They will get their bail-out because it has been planed that way all along. Stop supporting BOTH parties. Vote for a third party candidate or STAY HOME election day! The lesser of two evils is STILL EVIL!

Al K

We must defeat McCain and Obama!


That will just land you in the clink! You need to be more cleaver. Stop supporting the Republican and Democrat corporate stooges that caused all this. Support ONLY independent candidates. Work to dismantle the "two-party system". Remember who started all this deregulation: The "new kind if Democrat", Bill Clinton!

This isn't just my opinion:

Al K.

Our Republic Raped and Still No Revolution!

Joel S. Hirschhorn

Are Americans ready for a revolution? What worse than the current meltdown of the financial sector, the unraveling of our economy, and burdening us and future generations with astounding debt is needed to convince Americans that the two-party plutocracy has sold out ordinary Americans? What we are witnessing is far worse than the taxation without representation that spurred the American Revolution. Taxation with MISrepresentation is a greater evil and shameful sellout of democracy that so many Americans have fought and died for.

Yet, despite over 80 percent of Americans saying that the nation is on the wrong track – BEFORE the current financial crisis, Americans sheepishly seem ready and willing this year to keep voting for Democrats and Republicans. If they had one shred of the smartness and courage of our nation’s Founders, they would overwhelmingly vote for third party presidential candidates to send the clearest and most patriotic message possible to the ruling class that has both major parties in their pocket.

Ousting Democrats and Republicans is more justified and needed than removing the tyranny of the King of England. Our elected domestic tyranny operating as a plutocracy masquerading as a democracy has been raping our nation. Yet middle class victims seem more than willing to keep bending over and asking for more pain and insult as they fall hook, line and sinker for the lies of both Barack Obama and John McCain.

It is far too easy, with the financial sector meltdown, for Americans to only blame Republicans. But Bill Clinton started the deregulation of the financial sector and every evil and stupid thing George W. Bush and Republicans have done could not have happened without the cooperation of corrupt and cowardly Democrats in Congress. They too have inflicted economic sodomy on us and contributed to disgracing our Constitution.

What incredible absurdity that the government seems ready to spend $700 billion to bail out countless crooked, mismanaged and greedy companies (and similar money on the Iraq war) and not ever seriously propose to spend that kind of money on rebuilding the nation’s crumbling physical infrastructure that would immediately create millions of new good paying jobs desperately needed by the middle class.

Now is the time for Americans to wake up, stand up and vote down Republicans and Democrats. How wonderful it would be if the candidate that claims the presidency only receives, say, 20 percent of all eligible voters. This is the first necessary step for we the people to take back OUR country.

finally realize that Republicans have used a three-part strategy to rape our republic?

When they achieved control of the federal government they used uncontrolled spending that ended up in corporations and contractors, regardless of the human cost of two wars and the economic cost to future generations of astounding debt.

Concurrently, they systematically dismantled government regulatory controls designed to protect the public, which allowed investment banks, mortgage companies, hedge funds, insurance companies and many other entities to extract incredible wealth from the nation. This unleashed still more greed that could be satisfied by taking advantage of the public.

For the final economic sodomy they forced the government to take what seemed like the only possible step to avoid another great depression: federal bailouts of companies that had taken advantage of every opportunity to enrich themselves at the expense of national stability and security. So what if the biggest borrower on the planet borrows still more money from other nations that hold our national sovereignty hostage.

The only thing more frightening than seeing this reality is understanding that all of it could not have happened without the complicity of Democrats in Congress.

[Contact Joel S. Hirschhorn through]

"The looting of the nation's treasury is the last act of a criminal administration"......?

Dave, this crop of Pelosi/Reid/Hoyer/Rockefeller/Biden/Feinstein/Schumer/Clinton (et al) Democrats is an amazing sight to behold.

It is indeed scary to think that they are all that stands between America and an expanding war.. into Iran, Pakistan, and god only knows where after that. They did not win the majority from their own election brilliance, but because Americans were appalled and disgusted with the string of criminal indictments and _convictions_ of corrupt Republicans (Abramoff, Ken Lay, Scooter Libby) from the last vestiges of an honest & independent Dept. of Justice.

Pelosi expressed her gratitude to that last vestige of an honest, competent, and impartial DOJ that helped Democrats win the majority in 2006 by... blowing big, fat wet kisses to Bush, Cheney, and Gonzales, helping them WHITEWASH their PURGE of non-partisan DOJ officials and hiring of blatantly unqualified partisan hacks to staff senior DOJ positions.

Heck, it was revealed that (then) Attorney General Ashcroft, ON DRIP MORPHINE and recovering in a hospital bed from surgery the previous day, put up MORE RESISTANCE to BushCo's ILLEGAL SURVILLANCE scheme that Pelosi and Reid have done, with the power of Congressional MAJORITIES behind them!

It is so scary that the DC Democrats ARE TRYING to BLOW This election - GIVING IN to Republican on Telecom Immunity, OFFSHORE DRILLING, and now all but set to rubber-stamp Paulson's TRILLION DOLLAR TAXPAYER EXTORTION for Wall St. Cronies bill.

IF Paulson was so damn expert, why didn't HE see this TSUNAMI of credit crisis coming.. and do something about it long ago?

Paulson only got $23 million as a departing bonus from Goldman Sachs, immediately before he became Bush's SecTreasury. But he wasn't "EXPERT" enough to forsee this crisis that Dean Baker foresaw (link above), and he and other G-S execs were GLOATING about their damn BONUSES _LONG AFTER_ the Mortgage crisis started kicking American homeowners out of their homes.

THERE IS AN EVEN BIGGER DANGER to Dems ROLLING OVER for Paulson's CRONY BAILOUT plan: IF (when) it doesn't work, the Masters of the Universe WILL HAVE TO COME BACK FOR MORE BAILOUTS, just as the Fannie-Mae bailout FOLLOWED the Bear-Stearns bailout, and just as this AIG bailout is FOLLOWING the Fannie Mae bailout.


IF the Democrats DON'T STAND UP NOW, and DEMAND that we American taxpayers GET SOME SOLID VALUE FOR OUR BILLIONS, we WILL see the total market collapse that Paulson is fear-monger extorting us with.

Fast track only for their prison sentence

If blocking an intersection is terrorism, then blocking financial progress in a time of recession is terrorism. Waterboard the bankers.

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