This week, the White House is putting unbelievable pressure on Congress to authorize an unprecedented giveaway of $700 billion to the Wall Street tycoons who steered our financial markets into a maelstrom.The bailout includes no new regulation or oversight to help avoid this kind of crisis in the future, no public interest givebacks to help people in danger of losing their homes, and no equity stake for taxpayers.
Rally against this bailout in the heart of the financial district! Gather at 4pm, this Thursday, Sept. 25 in the plaza at the southern end of Bowling Green Park, which is the small triangular park that has the Wall Street bull at the northern tip.
What: Say NO to the Wall Street bailout
When: Thursday, September 25: 4pm
Where: Southern end of Bowling Green Park, in the plaza area
What to bring: Banners, noisemakers, signs, leaflets, etc.
Please do whatever you can to put a stop to this bailout — attend the rally, bring your friends, families, and colleagues, spread the word far and wide.
Since Wall Street is asking us to give them money for their worthless investments, some of our creative friends are planning to bring their OWN junk to Wall Street to see if they’ll buy it.
Among other things, Peter Fusaro wants a market where environmental costs are tied to production, generating economic incentive to go green, save the planet and the economy. Speaking at an NDN Green Project event in New York City on Understanding the Cleantech Investment Opportunity.
“What’s really behind Bush’s hajj to Riyadh is that America is in hock up to our knickers. The sub-prime mortgage market implosion, hitting a dozen banks with over $100 billion in losses, is just the tip of the debt-berg.
Since taking office, Bush has doubled the federal debt to more than $5 trillion. And, according to US Treasury figures, on net, foreign investors have purchased close to 100% of that debt. That’s $3 trillion borrowed from the Saudis, the Chinese, the Japanese and others.
Now, Bush, our Debt Junkie-in-Chief, needs another fix. The US Treasury, Citibank, Merrill-Lynch and other financial desperados need another hand-out from Abdullah’s stash. Abdullah, in turn, gets this financial juice by pumping it out of our pockets at nearly $100 a barrel for his crude.
Bush needs the Saudis to charge us big bucks for oil. The Saudis can’t lend the US Treasury and Citibank hundreds of billions of US dollars unless they first get these US dollars from the US. The high price of oil is, in effect, a tax levied by Bush but collected by the oil industry and the Gulf kingdoms to fund our multi-trillion dollar governmental and private debt-load.”
Tonight (Friday July 27): Catch Greg Palast on PBS’ top current affairs program.
‘NOW‘ furthers the story Palast first busted open for Britain’s BBC Newsnight, the scheme to attack voters of color – the ‘Blue’ ones.
For Bill Moyers’ capable successor, David Brancaccio, Palast lays out the latest evidence never before televised.
8:30pm Eastern (on New York Thirteen). Check local listings.
The Bush administration has outsourced the operation of six of the nation’s largest ports to a company owned by the United Arab Emirates (UAE), a country with troubling ties to international terrorism. The $6.8 billion sale would mean that the state-controlled Dubai Ports World would control “the ports of New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia.â€
What do multinational corporations do once their dirty record gets around and people start seeing them for what they are?
They change their names, of course.
• ValuJet = AirTran Airways.
• ChemLawn/Chemgreen = TruGreen LandCare
• Tricon Global Restaurants = Yum!
• Binladin Telecommunications Group = Baud
• Agricultural Insecticide and Fungicide Association = CropLife America
• Benton Oil and Gas Company = Harvest Natural Resources
• Nuclear Engineering = US Ecology
• HomeShark = iOwn
• Peptide Pharmaceuticals = Novar
• PricewaterhouseCoopers = Monday
• Monsanto Specialty Chemicals = Solutia.
Gorton’s of Gloucester is now a wholly owned subsidiary of a Japanese
whaling company. Each year, Gorton’s parent company kills hundreds of
whales in the name of "scientific research," thanks to a loophole
in the international ban on commercial whaling. This year it has announced
plans to double the number of whales it kills, including the endangered
fin whale, and next year it plans to slaughter endangered humpback whales
too.
