Revolutionary Politics

Peter Schiff is the man! It made me sick when I read that Obama blamed “greedy hedge funds” for the downfall of Chrysler. The downfall was a bad business plan and suffocating union contracts that ruined the international cometitiveness of Chrysler. If anything, the fund managers should be applauded for sticking up for their clients in maximizing their return on investment. Schiff is being drafted for senate; imagine how great our country would be if we had people like him in office! http://www.schiff2010.com

By Bill on May 5, 2009

[re=1297]Patrick[/re]: No argument Patrick as I have now read that Act! Thank you for the info! The last depression did have good men who created the Glass Steagall Act to prevent or attempt to prevent this from happening to future generations and Clinton made all thier hard work of the then created crisis vanish with the stroke of his pen. But this time around I wonder if good men even exist. The old saying evil can only win if good men do nothing comes to mind. Again I say thank you kindly Patrick!

By Joe 12 pack on May 5, 2009

Joe 12 pack,

Clinton’s “last act of tyranny”, the Gramm-Leach-Bliley Act
was a republican bill. Clinton did sign it and it was voted on party lines.

By Patrick on May 5, 2009

Mainstreet comment! I go to work earn an honest living. NO MORE OFF THE BOOKS CROOKS! Bring all money ON TO THE BOOKS CROOKS! No source of funds POOF money disappears PERIOD! Tax all that offshore money 35% when brought on the books provided source of funds can be verified and treasury windfall can pay what I as a taxpayer have been taxed without representation. I can not get a consolidation loan to even help me stay afloat. I owe $31k plus house payment and asked BofA which recieved bailout funds from ME for $40k so I could make 1 payment and get a heat pump installed in my home but NO I have to pay my portion of $100k plus to these banks and recieve nada zilch nuttin honey! I still have and hold a JOB!

Money out of thin air Failed Ignorant Assanine Tyranny system subjagates people across the globe. We mainstreeters are not stupid just honest. This crisis is criminal in nature and began with the last Clinton admin and the repeal of the Glass Steagall Act (1999) which was Clinton’s last Act of tyranny against the free market system which led to the now financial crisis. It is America’s time to try on socialism but history reveals FAILURE in this unchartered territory! Hell study the Bush family roots and you will find national socialism is their real cup of tea huh presscot! America has been Bush whacked and Obama will go down in history as the best gun salesmen in the history of this nation! Last I say Peter is correct the bottom is far from where it will go. Wall street is propped up by a house of cards and the wind will blow that house down not IF but when is the only question! Fascism sucks!

By Joe 12 pack on May 5, 2009

Hey Schiff–you got it backwards. Obama does nothing without direction from corporations. They have the money. Ya know, like the banks we are bailing out. We have no control over our govt(corp). Offshoring and outsourcing have destroyed our manufacturing base. The price is paid by Joe sixpack, not GS or any the banksters that own us. You know better. You’re just playing your part.

By robert on May 5, 2009