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Where Democrats Get Their Talking Points

From Communist Party Of The United States:

Save Main Street Not Wall Street!

Author: CPUSA

First published 09/22/2008

Statement of the Communist Party USA

The Bush Administration has proposed a massive bailout plan of at least $700 billion (maybe as much as $1.7 trillion) to stabilize the financial system amid the biggest economic crisis since the Great Depression. Treasury Secretary Henry Paulson, a Bush appointee, and the President are pushing for the U.S. Congress to rapidly pass the plan this week with little debate and no amendments. The rightwing and the banks want a plan that gives a blank check to Wall Street with no oversight.

We join with others who call on Congress to slow down the process to ensure there is no bailout of Wall Street without a bailout of Main Street. The process should include full debate and transparency.

While the full extent of the current crisis and its impact on working people cannot now be fully known, we do know that the crisis is deep and not easily resolved. Furthermore, we must insist that the criteria for any plan to solve the crisis must be what’s good for the working people of this county and the world, not what’s good for the mega-rich and massive monopolies that got us into this mess.

The situation is so dire that some type of dramatic action is needed to avoid disaster for U.S. workers. Organized labor, community groups and others are increasingly angry at the bailout currently on the table. Any plan before Congress must:

1) Protect homeowners faced with foreclosure by restructuring mortgage rates to be in line with family income.
2) Create economic stimulus for working people and small business
3) Provide $100 billion in emergency relief to state and local governments wracked with budget cuts and diminished tax revenue
4) Bar CEO severance packages and cap the pay of executives receiving a bailout
5) Regulate banking and finance with transparent public oversight
6) Maintain public control over monopolies like Fannie Mae and Freddie Mac that have a decisive role in the economy
7) Control speculation and increase revenues by taxing large financial transactions
8) Ban predatory lending and cap interest rates on all types of debts
9) End the war in Iraq, which is draining $700 million a day from public coffers

Developments are moving quickly and their full impact has yet to be felt, but let’s make sure that American workers—those who made this country rich—do not further suffer at the expense of the financial elites, those who have created this crisis.

Call Congress today! Tell them no blank check for Wall Street!

National Board
Communist Party USA

What a surprise, eh?

This article was posted by Steve on Tuesday, September 23rd, 2008. Comments are currently closed.

27 Responses to “Where Democrats Get Their Talking Points”

  1. 1sttofight says:

    The rightwing and the banks want a plan that gives a blank check to Wall Street with no oversight.

    Didn’t Pelosi say that she was against giving WS a blank check yesterday?

  2. Consilience says:

    Interestingly, the “blank check” mantra has been taken up by commie fellow traveler’s in the democratic party. Limbaugh made the observation during the first hour of today’s broadcast.

    That said, as a fiscal conservative, I oppose the “bailout”, so called. Newt Gingrich has made the most sense in the midst of the “crisis”—wish someone would listen.

  3. dscotese says:

    I have a couple issues that I’d like to see addressed in these banking committee hearings, if anyone can get them addressed:

    1) Why was short selling ever allowed? Does it provide a useful function in the marketplace, and what is that function, if so?

    2) If, as Sec. Paulson suggested, everyone needs to keep borrowing more money to stay in their homes and to keep their businesses running, what is the indicator that they should NOT be buying a home or running a business?

  4. Colonel1961 says:

    From each according to their abilities, from each according to their needs. Sounds great! Sign me up!!! I have tons and tons of ‘needs’ and absolutely no ‘abilities’. This is gonna be awesome!

  5. wardmama4 says:

    I wonder how come not one msm outlet is ‘investigating’ the Obama/Alinsky and Dems/Communist angles. [I know SG and S-L is, you all know what I mean]

    Oh, yeah I forgot someone tried it once and he was destroyed.

    I am against this ‘bailout’ for two reasons – why add to our taxes for this mess when it was the policies of the very screamers (now) that caused this mess. If they want me on their side and to support it, they must:
    1) admit that the Bush Administration attempted to warn/fix this mess and the Dems in Congress stonewalled it
    2) admit that the Dems and their attempt to make everyone equal [damn, where have I heard that line again?!?] (open the mortgage business to all) and/or their communist intent to have government run and own everything is behind this whole mess
    3) before even insinuating that a man who leads a business/corporation is not entitled to a stock holders/board approved package – that they must have their pay/raises controlled by We The People
    4) Obama, Dodd, et al must return every single cent that Fannie/Freddie donated, contributed, bribed, lobbied with to those mortgage companies
    5) Raines, Johnson et al return every single cent from their golden parachutes to Fannie/Freddie (yeah I know above, but given that they ‘cooked’ the books to get them, return them)

    Then and only then will I even begin to consider that these fools deserve to even consider this ‘bailout’ – Rush had the right line – if it was indeed a Republicans fault – we all know that he/she would have been front page, above the fold news and hearings would have been held months ago.

    Don’t pee on my leg and tell me it’s raining – I’m not that damn stupid.

  6. Arctain says:

    Newt Gingrich has made the most sense in the midst of the “crisis”—wish someone would listen.

    I absolutely agree – the transcript of what Gingrich said on Sept. 21, 2008 is found here: http://tinyurl.com/3tcm69

    Now, as for the a$$hat$ over at the CPUSA/Democratic National Committee; if they would shut up, get out of the way, and stop acting as if they actually know a damn thing about economics, the rest of us would have this solved relatively soon. The only thing you guys are right about is that Paulson (nor his successor…) shouldn’t be given the latitude that the proposed bill would provide. Paulson hasn’t been right about a thing since he filled the secretary chair, and Bernanke is not much better.

    And as far as the Bush Administration is concerned – I’ve never been more disappointed in a fiscal conservative than I am right now. I understand this thing has scared the administration – but before you want to charge me with $700 billion, you really need to do a better job of explaining why – what is the likely scenario if those that played the capitalist, failed – before you try and turn my country into a socialist nation. Explain the course of action that you want to apply my $700 billion to, before you start steering the ship that direction. At least tell me the size and scope of the rock you are saying we are going to hit if the ship isn’t turned.

    I’m with Gingrich on this one – American government is about the rule of law; and these lawmakers and this administration are poised to commit the greatest deconstruction of the rule of law since the founding of the United States of America.

    This is very dangerous government by politicians, lobbyists, and bureaucrats, who are making decisions in secret without the country knowing what the ground rules are.

    I don’t see much difference between the current administration (and Congress) and what the CPUSA wants to instill as government.

  7. Consilience says:

    Here’s the link to Newt’s piece in yesterday’s NRO. I passed this around my network and everyone agreed—enthusiastically!!!

    http://corner.nationalreview.com/post/?q=ZGE5MmE0YmRiODA3YTRiNzFlN2FmNDU5N2I0ZDc3YTE=

  8. JohnMG says:

    ….”Didn’t Pelosi say that she was against giving WS a blank check yesterday?….”

    Yup. Pelosi=CP-USA=Progressive/Democrat=Disaster!!

  9. Steve says:

    From Speaker Pelosi:

    Pelosi Statement on Legislation to Address Crisis in Financial Markets

    Speaker Pelosi issued the following statement today as Congress and the White House work to craft legislation to address the crisis in our financial markets:

    Congress will respond to the financial markets crisis by taking action this week in a bipartisan manner that will protect the taxpayers’ interests. The Administration’s $700 billion proposal does not include the necessary safeguards. Democrats believe a responsible solution should include independent oversight, protections for homeowners and constraints on excessive executive compensation.

    We will not simply hand over a $700 billion blank check to Wall Street and hope for a better outcome. Democrats will act responsibly to insulate Main Street from Wall Street.

    As we proceed to deal with this crisis, this is clear recognition that the party is over for the Bush Administration’s anything goes, failed economic policies that have damaged our economy, undermined the middle class and further pointed out the need for a New Direction.

  10. JohnMG says:

    ……”As we proceed to deal with this crisis, this is clear recognition that the party is over for the Bush Administration’s anything goes, failed economic policies that have damaged our economy, undermined the middle class and further pointed out the need for a New Direction……” (Nancy Pelosi)

    Sounds real BI-PARTISAN to me, Nancy. (Twit)!

  11. dulcimergrl says:

    Piglosi will NEVER pass up an opportunity to slam Bush and the Republican party. She wouldn’t know ‘bipartisonship’ if it hit her in the face.

  12. Colonel1961 says:

    What did Nancy do in her first 100 days? I seem to have forgotten…silly me.

  13. JohnMG says:

    Colonel1961; ……”What did Nancy do in her first 100 days?….”

    Let’s see, now.

    Her hair? Her nails? Her memoirs? Surely there must have been something of note.

    One thing we can be certain she DIDN’T do was HER JOB!

  14. Exeter says:

    dulcimergrl – “She wouldn’t know ‘bipartisonship’ if it hit her in the face.”

    Whether it’s bipartisanship or something else, I just want to see SOMETHING hit her in the face!

  15. wirenut says:

    HAW! Exeter, you just added steel to my late thunder! Haw! In her face? Just “what” is her face???????

  16. Exeter says:

    WOW! This just got posted on the FoxNews website (highlighted URGENT)

    http://www.foxnews.com/story/0,2933,426783,00.html

    I hope I’m not getting too excited, but it looks like this whole Fannie/Freddie scandal is going to burst in the DFL’s face just in time for the election.

  17. wirenut says:

    All pun intended . I wouldn’t bank on it .
    MSM = DFL. The corruptoids have the airwaves in TV land .

  18. JohnMG says:

    Obama must be sweating bullets, but I tend to agree with wirenut. If this sees the light of day at all, it’ll be after November 4th.

  19. Exeter says:

    I appreciate your well-earned skepticism, but I think this time might be different. For the following reasons:

    1 – it’s the FBI investigating, not a ‘congressional inquiry’
    2 – due to the public mood (toward the scandal AND the media), the MSM won’t be able to keep a lid on it
    3 – it’s not just Fox; I also found the news posted at CNN and ABC

    Then again, you could be right after all. (Damn this Reaganesque optimism!)

  20. JohnMG says:

    “Hope springs eternal……..”

    I’m remembering what I felt like three months ago concerning the chances of defeating Obama, and look where we are now. Still……

    Yes, I, too, am an optimist. A very cautious one. If I might borrow from the opposition, I hope…….

  21. Anonymoose says:

    I don’t know how we’re going to get out of this mess, but the way to keep it from happening again is to realize people can’t finance their dreams. Sure, getting into a half million dollar house and a new car and a new wide screen TV now and then paying it off over the next several years sounds doable to a lot of people and more appealing than living in a small house, driving the same car for ten years, and watching TV on a portable unit if at all.

    But look at the mess it’s all made! Money makes people do silly things and as we buy more they produce more and the wheels of the economy spin on a house of cards. Once the wells open of endless credit open the money just goes and goes. It’s just like in healthcare, if people were paying strictly from their pocket everything likely wouldn’t cost as much. But with insurance companies paying the bill it kept going up and up to where the same procedure a veterinarian can do to a dog for $500 costs $20,000. So now the insurance companies and the hospitals fight it out with you in the middle. Go figure.

    I’m looking at my credit card bill now, which I’ve paid off twice now and swore I’d never do this again, yet I got another card and up it went. But each time the hole I dig gets more shallow so maybe I am learning something.

    I’d like to say to Fannie and Freddie and Lehman’s and all the rest, “Hey, you do stupid stuff, stupid stuff happens. I don’t get no bail out, why should you?” But then they have so many ties and investments and connections they’ll likely be bailed out just to keep them from dragging everyone else down with them.

    Cheap beer, it’s all I got now………

  22. wirenut says:

    Exeter, you keep digging and we’ll keep spreading the news . File under : Things a Parsite Hates to See . Thanks !!!! This is just the best site on the web, if you seek the truth.

  23. wirenut says:

    Am, I had to look my dog in the face and tell him, No more treats till the lidtards are out of office .It’s simple economics . Now he growls even when I come home or when the phone rings. He thinks, I should cut down on beer , So he has TREATS . Now, if my dog can figure out the trickle down economy, why can’t libtards?

  24. chardonnay says:

    FBI to investigate AIG, Fannie, Freddie, Lehman….breaking on yahoo 45 minutes ago.

  25. Rmy-mac-was-here says:

    Speaking of Talking Points: I have been hearing internet rumors about Sen Biden possibly dropping out due to a possible illness to (himself and or family) just prior to the election. This of course would open the way for Sen Clinton who (after Pres Clinton advised to all of America on the View) would step up and do her “duty”. Of course this is only internet rumors and there is nothing officil or substantial to back this up.
    Speculation: Would pulling an “Eagleton” work positively for the democratic nomination during the age of 24 hrs news and blogs?
    Or would this backfire as it did in 1968 resulting in the election of Pres Nixon?

  26. Exeter says:

    Rmy – The Biden-Clinton switch is always an interesting speculation, but I can’t imagine Hillary doing it. Obama seriously ‘dissed’ her at the Dem convention, and I think she’d rather see him crash and burn than accept his back-seat.

  27. Nimblicity says:

    “realize people can’t finance their dreams”

    It’s not that you can’t ever buy your “good life” on (“easy”, adjustable-rate) credit; it’s just one of those things you can only do when you’re the exception to the rule. When the exception became the rule, the consequences came due. Now both candidates sound like they want to use the power of law to make the consequences go away.

    I expect such from the lord and savior Obama, but every time I hear McCain say he wants to “keep people in their homes” I wonder why he doesn’t just propose to force the Federal Treasury (or else some deep-pocketed private sector scapegoat) to pay off every delinquent mortgage in the country if elected.

    Of course he won’t have the power to do that, and it would have horrible consequences if he did. But what’s that got to do with a campaign promise?

    Sorry all that was off topic, but I’m not surprised the Commie Party is receiving its talking points from Pelosi. Or did I get that backward?


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