Saturday, October 18, 2008

No $700+ Billion Corp Welfare Coup d'etat

Howdy Friends, Family and Fellow Community Organizers!
I've been watching History unfold through the last three coup d'etats involving 1st, Reagan, who I spoke with in the Oval Office, via Iran deal with VP HW Bush on hostage release for weapons, etc; 2nd & 3rd GW Bush/Cheney. The 10 steps are in place to launch a corporate fascist war making Empire including Martial Law without Congressional input. One of the reasons to declare Martial Law is a Wall Street and/or USA financial stability disaster.
The Congress approved putting a shipping blockade on Iran and that is an Act of War. The US placed just such a blockade on Japan before they attacked Pearl Harbor.
When the Congressional leadership and Senators met to figure out how to save the deregulated monetary institutions that had lobbied long and hard to be able to follow Free Market, i.e. unbridled greed, Congressional leaders were threatened with Martial Law if they did not give up control of spending more than a trillion $ to the dictatorship of Bush/Cheney. To spend one Trillion dollars: you would have to spend/give away $100 million every day for 82 years.
See article posted on my blog on just such a threat of Martial Law if hundreds of billions are not given to the bankers who followed their greed. I wondered if just such a threat was why House Speaker Nancy Pelosi took impeachment off the table. Or did she just decide to break her oath to protect and defend the Constitution against enemies foreign and domestic because ? ………why? What consequences are there for those who took such an oath and violated it?
An Irish American fourth generation democrat, precinct committee woman and elected representative to the Washington State Democratic Convention, I quit the party when Congress “bailed out” the Savings and Loans junk bonds. I remember that the Bush brothers made off with several hundred million dollars out of an Indiana Savings and Loan.
I gathered petitions to get the Green Party legal and on the ballot in Santa Fe, New Mexico. As Community Organizers we were successful. In Germany the Greens have the power of coalition building in law making to make a difference because they hold the 5% needed for a majority. Republicans and Democrats elected with Corporations’ monies I call Corpracrats.
Check out what Robert Kennedy Jr. has written about the stolen election in Ohio in 2004.
I sent letter for your information and hope you will share and ask your friends, family and local media to communicate with Congress quickly to just say No! Also, since this seems to be a done deal ask why. Ask Congress to make sure it can’t happen again.
Rep. Rick Larsen’s staff said constituents were flooding their office with comments about the so called “bail out” that were running 50-50 between no and hell no. Rep. Barney Frank D-Massachusetts is Chair of the Banking Committee and he needs to hear from those folks in his district. Majority leadership is held by Senator Byrd in WV; and Rep Henry Reid D-NV and of course Speaker Pelosi from San Francisco, and President-elect Obama.
If you have a 401 account or stocks there is a clause hidden in the so called “bailout” funding package that puts your money at risk. The conglomerate financial firms are permitted to use your brokerage account funds for their own liquidity. (That is just one of the horrors that await a privatized Social Security.) Secretary Henry Paulson was on Nixon's team, started at Goldman Sacs with $10 million in debt and left it with $120 million in bad debts, wants to be above the law and write any check he wishes with no oversight. The bill - to - law is very short and you can download it.
Parts of the following letter was taken from Campaign for America's Future, www.OurFuture.org. The last paragraph is mine and I held back a bit.

With Love and a shared vision of restoring: Free Speech; the Bill of Rights; Habeas Corpus; the Constitution; International and Environmental Treaties honored; the National Guard comes home and Community Organizers across the land join and say yes to life, our common future and our children's seventh generation.
Respectfully submitted,
Theresa Marie Kothari Gandhi, tm@tmgandhi.com; www.tmgandhi.com

November 9, 2008 (Sent September 19th.) Use the information provided to write your own letter.
Honorable Congressman Rick Larsen: (Put in your own Senators and Representative’s names.)

No $700+ Billion blank check to the Bush administration for Wall Street.
Please, common sense must not be thrown out the window by rewarding those who paid lobbyists to get you to deregulate the financial institutions to allow greed to feed that is the cause of the problems.
1. No Taxation Without Representation. If our tax dollars are going to buy bad assets from irresponsible bankers, the American people must get something for it. Equity in bailed out firms. Strong regulation so this doesn't happen again. Stern public oversight. And, no golden parachutes for CEOs with our money. (Monies received from this financial coup d’etat saw CEOs paying themselves excessively large amounts and giving out stock holders bonuses. TmkG)
2. No Help for Wall Street Without Help for Main Street. To truly get our economy back on track, we must aid the victims, not just the predators. Freeze foreclosures. Renegotiate bad mortgages. Create jobs generating clean energy and modernizing infrastructure. Prevent cuts in local police, health, roads and school budgets. Extend unemployment insurance and food stamps.
3. No Insider Dealing. Wall Street can no longer be allowed to write their own laws. Legislators should refuse campaign money from Wall Street PACs or executives. We need a "time out" on contact between paid Wall Street lobbyists and elected officials while the crisis is addressed. Any congressional meetings with Wall Street officials must be immediately posted on a single website for complete transparency.
The next 24 hours will likely determine whether these common sense solutions prevail, or whether the Bush administration gets $700 billion more of our money to do with as it pleases.

“I demand that Congress ensure sensible checks and balances when dealing with hundreds of billions of our taxpayer dollars. The very wealthy CEOs should be the ones who have to pay for their folly not my great-great grandchildren. Wall St and McCain, i.e. GOP pushed for deregulation and are now surprised that greed fed wants not needs. Freedom and Free Trade have only been free for the profit takers and very detrimental for workers, children, women, elderly and the environment.
It would only be fair if all CEOs who made more than $900,000 a year be required to contribute 45 % of any amount of money or stock options paid above that amount to bail out what they wrecked with their pursuit of greed. Actually all Corporation Charters should be revoked until their books can be brought to balance by those who profited from wreaking the very financial institutions they are begging Uncle Sam to be responsible for. If they don’t then charge them with conspiracy to defraud the American Public. This action qualifies all of them as enemy combatants with this unconscionable attack on the financial stability of America.” TmkG
Ralph Nader suggested that a 1% tax on the sale of derivates (not taxed at present) could raise hundreds of billions of dollars and generate the money and wealth that greed has destroyed.

Please insist that your Representative, Senators and President-elect Obama defend the Constitution against enemies foreign and domestic.
Speaking for our common future and for a quality life for our seventh generation,
Theresa Marie Kothari Gandhi
P.O. Box 437, Clinton, WA 98236 tm@tmgandhi.com