Thursday, September 25, 2008

Pelosi, Reid, Dodd, DC Democrats CAPITULATE to HANK PAULSON - the Treasury Secretary & former Goldman Sachs CEO WHO GOT US IN THIS MESS!

NEW! - LA Times columnist Rosa Brooks REMINDS us that... FOUR out of the FIVE KEATING 5 Senators WERE DEMOCRATS!,0,5467109.column
<<....Keating went to prison, and McCain's Senate career almost ended. Together with the rest of the so-called Keating Five -- Sens. Alan Cranston (D-Calif.), John Glenn (D-Ohio), Don Riegle (D-Mich.) and Dennis DeConcini (D-Ariz.), all of whom had also accepted large donations from Keating and intervened on his behalf -- McCain was investigated by the Senate Ethics Committee and ultimately reprimanded for "poor judgment." >>

YET AGAIN, the DC Democrats prove that they are abject slaves and servants to the nation's corporate media, which corporate media is of course directed and controlled by the Republican administration doling out BILLIONS of US taxpayer dollars to their friends and cronies in corporate America... and coming down like a ton of bricks on those who oppose the radical right Republican coporate kleptocracy agenda.

THE FIRST THING the DC Democrats SHOULD have asked is,

"IF Treasury Secretary Paulson, and the executives of Goldman Sachs, and
the other executives of Wall St. INVESTMENT BANKING (i..e. legalized gambling)

"...why did they not do ANYTHING until now to forestall or reduce the disastrous impact of this Credit Crisis?"

Instead, the DC DEMOCRATS - just about EVERY ONE besides Dennis Kucinich - are STANDING IN LINE TO KISS Secretary Paulson's keister, and HAND HIM BILLIONS upon BILLIONS upon BILLIONS of US Taxpayer dollars - with ONLY THE THINEST VENEER of "oversight" and accountability... but how far can even _extensive_ oversight go, WHEN YOU HAND A WALL St. EXECUTIVE BILLIONS OF DOLLARS to do with as he sees fit???


'Fundamental Agreement' Made On Bailout Package by Democrats in Congress
Sen. Chris Dodd did not provide details on the major areas of contention that have been under negotiation.
Thursday, September 25, 2008

Congressional members responsible for crafting the $700 billion Wall Street bailout said Thursday they reached agreement on principles of the rescue. Sen. Christopher Dodd, D-Conn., chairman of the Senate Banking Committee, said the bailout package would be presented to Treasury Department officials and party caucuses to "go over these principles which we've agreed on among ourselves."

While saying Democratic and Republican leaders "reached a fundamental agreement" on principles, Dodd would not reveal the details during a news conference after a bicameral, bipartisan meeting.