Congress: Read the Bill First!

Monday, September 29th, 2008

Dear Congress,

Seven hundred billion dollars is a lot of money. We, the undersigned, urge Congress to wait at least 72 hours after the publication of the next version of this bill, before moving to a vote. We believe all legislation should be posted online for at least 72 hours before a vote to give lawmakers and citizens sufficient time to review and debate it, and this bill is no exception.

Sign the petition:
bsd.sunlightfoundation.com/page/petition/ReadItFirst

The Rich Are Staging a Coup This Morning

Monday, September 29th, 2008

The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies — who must soon vacate the White House — are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.

No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story in last Monday’s New York Times and you can see what the real deal is:

“Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

“Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

“At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.

“Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions.”
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