Where's Kenny Rogers When You Need Him? The Big Boys Got Their Bailout

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By Cynthia McKinney, Posted by Anita Stewart (about the submitter) Page 3 of 4 page(s)

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3. establishment of new mortgage lending practices to end predatory and discriminatory practices;

4. establishment of criteria and construction goals for affordable housing;

5. redefinition of credit and regulation of the credit industry so that discriminatory practices are completely eliminated;

6. full funding for initiatives that eliminate racial and ethnic disparities in home ownership;

7. recognition of shelter as a right according to the United Nations Declaration of Human Rights to which the U.S. is a signatory so that no one sleeps on U.S. streets;

8. full funding of a fund designed to cushion the job loss and provide for retraining of those at the bottom of the income scale as the economy transitions;

9. close all tax loopholes and repeal of the Bush tax cuts for the top 1% of income earners; and

10. fairly tax corporations, denying federal subsidies to those who relocate jobs overseas repeal NAFTA;

11. Appointment of former Comptroller General David Walker to fully audit all recipients of taxpayer cash infusions, including JP Morgan, Bear Stearns, Fannie Mae, Freddie Mac, and AIG, and to monitor their trading activities into the future;

12. elimination of all derivatives trading;

13. nationalization of the Federal Reserve and the establishment of a federally-owned, public banking system that makes credit available for small businesses, homeowners, manufacturing operations, renewable energy and infrastructure investments; and

14. criminal prosecution of any activities that violated the law, including conflicts of interest that led to the current crisis.

Michael Ruppert recently wrote on his blog:

"There is no victory until the paradigm is broken. Until we change the way money works, we change nothing. Right now, the entire economic paradigm of infinite growth is vulnerable, weak, and exposed. The dribble being offered by Obama and McCain only exposes the fact that everything is broken; that the system itself is the enemy."

Everyone can see that the system is broken: a system that was not created to serve the people of this country. It was totally within Pelosi's purview and that of the Democratic Party to change all of that, but they didn't. In fact, I'm shocked by some of my former colleagues who voted for this bill, particularly the Members of the Congressional Black Caucus who supported this. With this vote, and the failures of the Democratic Party up to now, it should be patently clear that the Democratic Party cannot reflect our values because it is in complete obeisance to someone else's.

The elected leadership of both the Democratic and Republican parties should resign.

That's why I can hear Kenny Rogers's sweet voice wafting through the air now:

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