OpEdNews » Kucinich Opposes Bailout, asks, "Is this the US Congress or the board of directors of Goldman Sachs?"

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Tag(s): Bailout; Congress 110th; Congress Legislative Failures; Congress Majority Leadership; Kucinich-Dennis
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September 28, 2008 at 13:49:14

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Kucinich Opposes Bailout, asks, "Is this the US Congress or the board of directors of Goldman Sachs?"

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Kucinich Opposes Bailout and asks, "Is this the United States Congress or the board of directors of Goldman Sachs?"

WASHINGTON, D.C. (September 28, 2008) -- Congressman Dennis Kucinich (D-OH) today made the following speech on the floor of the House of Representatives regarding the proposed Wall Street bailout:

"The $700 billion bailout for Wall Street, is driven by fear not fact. This is too much money in too a short a time going to too few people while too many questions remain unanswered.

Why aren't we having hearings on the plan we have just received? Why aren't we questioning the underlying premise of the need for a bailout with taxpayers' money? Why have we not considered any alternatives other than to give $700 billion to Wall Street? Why aren't we asking Wall Street to clean up its own mess? Why aren't we passing new laws to stop the speculation, which triggered this? Why aren't we putting up new regulatory structures to protect investors? How do we even value the $700 billion in toxic assets?

"Why aren't we helping homeowners directly with their debt burden? Why aren't we helping American families faced with bankruptcy. Why aren't we reducing debt for Main Street instead of Wall Street? Isn't it time for fundamental change in our debt based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the United States Congress or the board of directors of Goldman Sachs? Wall Street is a place of bears and bulls. It is not smart to force taxpayers to dance with bears or to follow closely behind the bulls.

Dennis Kucinich is a congressman from Ohio and a 2008 presidential primary candidate. http://kucinich.us/ The best way to reach congressman Kucinich is through the information on his congressional website

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18 comments

Great grandson of "Big John McKune" the Chicago Police Departments first "Chief of Detectives" late 1800's, grandson of a seasoned sargeant of the Chicago Police Department (think Sean Connery)in the 1920's and 30's during the Capone Era. Son of the inventor of the first electronic switch used in Telecommunications, youngest Naval Commander ever at time of induction(1942).
Graduate Wharton Business School, University of Pennsylvania. 25 years Software Sales,Sales Management career. Early...

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kato krauseGreat grandson of "Big John McKune" the Chicago Police Departments first "Chief of Detectives" late 1800's, grandson of a seasoned sargeant of the Chicago Police Department (think Sean Connery)in the 1920's and 30's during the Capone Era. Son of the inventor of the first electronic switch used in Telecommunications, youngest Naval Commander ever at time of induction(1942).
Graduate Wharton Business School, University of Pennsylvania. 25 years Software Sales,Sales Management career. Early...

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Good man

Just when you think their are no good men, Kucinich or Feingold pop up. Unfortunately, Dennis gave up after being shorted at the debates and Feingold, honorable as it is, thought he could do more for Wisconsin as a Senator.

Would you like to rethink that now Russ?

by kato krause (2 articles, 0 quicklinks, 3 diaries, 199 comments) on Sunday, September 28, 2008 at 2:36:12 PM

Richard Mynick is a US citizen who, despite the best efforts of the corporate media, noticed something disturbing about how the 2000 election was decided, & felt it augured poorly for democracy.
Richard MynickRichard Mynick is a US citizen who, despite the best efforts of the corporate media, noticed something disturbing about how the 2000 election was decided, & felt it augured poorly for democracy.

It's a great question, but unfortunately the answer is

(at least metaphorically) "it's the board of directors of Goldman Sachs." The US Congress attends only to the interests of the financial elite. This is not a recent development (though admittedly, it used to be done less blatantly than it's now being done).

by Richard Mynick (2 articles, 3 quicklinks, 1 diaries, 1293 comments) on Sunday, September 28, 2008 at 3:37:38 PM

I invented an earth-friendly tool, the bucket SLOGG. Its a five gallon bucket cleaning/recycling tool made from stainless steel. It has hundreds of uses.

I am very, very pro Dennis Kucinich and very anti mainstream media and corporation. Corporations are killing democracy and the media is complicit.

I am female, 51 years old, pleasantly married and quite independent... except that I am a registered democrat, but will change that to independent if Kucinich doesn't get...

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bucketsloggI invented an earth-friendly tool, the bucket SLOGG. Its a five gallon bucket cleaning/recycling tool made from stainless steel. It has hundreds of uses.

I am very, very pro Dennis Kucinich and very anti mainstream media and corporation. Corporations are killing democracy and the media is complicit.

I am female, 51 years old, pleasantly married and quite independent... except that I am a registered democrat, but will change that to independent if Kucinich doesn't get...

to see more of bio, click on member name

Yes... He is a good man... HE CAN'T DO IT ALONE !!!!

C'mon people. Not only is this the biggest federal bail out ever... IT IS THE BIGGEST IN-YOUR-FACE CONGRESSIONAL SELL-OUT EVER.

If this goes through, there is no more need for $$$$$$$$, democracy is out the window... oppression and war are the status quo.

We need to motivate, we need to do it now.

IMPEACHMENT IS IMPERATIVE.... Moreover... PERSECUTION.

http://pdamerica.org/articles/alliances/2008-09-27-10-42-53-alliances.php

A NEW TOOL IN THE ARSENAL... criminal charges and un-doing the damage... and holding accountable everyone involved.

by bucketslogg (0 articles, 0 quicklinks, 0 diaries, 101 comments) on Sunday, September 28, 2008 at 3:56:24 PM

Sean Fenley is an independent progressive, blogger, and aspiring writer.
Sean FenleySean Fenley is an independent progressive, blogger, and aspiring writer.

MSM MIA as Usual

I find it odd that the MSM is not covering at all that progressive Democrats are not going to be for this bailout. People like Kucinich, Marcy Kaptur, I would assume (if they are true to their values) most if not all of the progressive caucus in the house.

Of course, then again when does the media ever cover progressive Democrats. I guess with the size of this story I thought they'd be doing better reporting than usual (but that doesn't seem to be the case).

by Sean Fenley (7 articles, 26 quicklinks, 58 diaries, 233 comments) on Sunday, September 28, 2008 at 5:08:48 PM

I am a semi-retired blues singer who grew up as a U.S. Army dependent.I only recently had the opportunity to go to college where I learned to research information and organize my thoughts. I have belonged for several years to the ACLU, World Wildlife Foundation, Amnesty International, Common Cause, The Nature Conservancy, The National Wildlife Federation, The Union of Concerned Scientists, The Humane Society and The Democratic Party. I've been a Kucinich supporter since he was Mayor of Cleveland...

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Anne Kennedy RackhamI am a semi-retired blues singer who grew up as a U.S. Army dependent.I only recently had the opportunity to go to college where I learned to research information and organize my thoughts. I have belonged for several years to the ACLU, World Wildlife Foundation, Amnesty International, Common Cause, The Nature Conservancy, The National Wildlife Federation, The Union of Concerned Scientists, The Humane Society and The Democratic Party. I've been a Kucinich supporter since he was Mayor of Cleveland...

to see more of bio, click on member name

Congressman Kucinch

First, Congressman Kucinich did not give up. He still goes to WORK every day, fighting for our rights and all other aspects of The Constituyin of the United States of America (a copy of which he always carries in his jacket). I suggest that all who read this go to his website http://www.kucinich.us and read, first, his piece titled Protecting the Public Interest in Any Economic "Bailout". This organized piece was his mental scratch paper. The next day, he issued Kucinich's Main Street Recovery Plan. Everything is specific, no loose ends; in language both parliamentary, yet sensible and accessible to all. Representative Kucinich is a fighter, and he knows how to present his facts. And he is the same openhearted, compassionate, no-nonsense guy he has always been. I find his plan to ne economically SOUND, socially relevant, and reflective of his personal integrity.

by Anne Kennedy Rackham (0 articles, 0 quicklinks, 0 diaries, 5 comments) on Sunday, September 28, 2008 at 5:35:55 PM

Meryl Ann Butler is an artist, author and educator who counts First Lady Dolley Payne Todd Madison as well as two signers of the Articles of Confederation among her ancestors. Mary Ball, mother of George Washington is in the ancestral lineage of Butler's great grandmother, Blanche Ball. Grateful to know that the blood of America's founding mothers and fathers runs in her veins, Butler has been newly filled with matriotism as a direct result of the 2000 and 2004 presidential elections. Lest she a...

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Meryl Ann ButlerMeryl Ann Butler is an artist, author and educator who counts First Lady Dolley Payne Todd Madison as well as two signers of the Articles of Confederation among her ancestors. Mary Ball, mother of George Washington is in the ancestral lineage of Butler's great grandmother, Blanche Ball. Grateful to know that the blood of America's founding mothers and fathers runs in her veins, Butler has been newly filled with matriotism as a direct result of the 2000 and 2004 presidential elections. Lest she a...

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you are right, Anne

he is amazing! Sensible, always right on target, and he always has a workable solution. Lets hope he gets to put some of his plans into action.

by Meryl Ann Butler (53 articles, 61 quicklinks, 4 diaries, 531 comments) on Sunday, September 28, 2008 at 8:57:29 PM

Geery lived off the grid for 15 years in an earth-sheltered, solar heated home, while his kids learned in school that solar energy isn't feasible. NAPTA hosts a page on Geery's foibles in education, and explains how he got his butt fired from a tenured teaching position. Here's a short clip of his most recent solar contraption; for more on that project, and Geery's contention that the Wright Brothers took a wrong turn, please visit his airship page (hyperblimp.com). Apparently, Geery is the only...

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Daniel GeeryGeery lived off the grid for 15 years in an earth-sheltered, solar heated home, while his kids learned in school that solar energy isn't feasible. NAPTA hosts a page on Geery's foibles in education, and explains how he got his butt fired from a tenured teaching position. Here's a short clip of his most recent solar contraption; for more on that project, and Geery's contention that the Wright Brothers took a wrong turn, please visit his airship page (hyperblimp.com). Apparently, Geery is the only...

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If Dennis ran his campaign...

and paid attention to his best advocates, as well as he writes and does his homework, he would now be winning against McCain.

And if we were worthy of being president, he absolutely would have...

So why the hell didn't he???

by Daniel Geery (26 articles, 81 quicklinks, 125 diaries, 775 comments) on Sunday, September 28, 2008 at 7:11:40 PM

Weren't you there?

The mainstream corporate media excluded him from debating. Unless you are trying to sling some more mud, you must have been living under a rock to have missed it. For the benefit of the doubt you can simply google: mainstream media disappears kucinich from primary debates.

by bucketslogg (0 articles, 0 quicklinks, 0 diaries, 101 comments) on Sunday, September 28, 2008 at 9:22:29 PM

I am retired from business and being forced back to work. I am a vet, (Vietnam era), extremely disappointed with the aggressive, imperialistic direction this country has taken in Iraq, to control and usurp it's oil, and the extent to which BOTH parties are complicit.
Nick van NesI am retired from business and being forced back to work. I am a vet, (Vietnam era), extremely disappointed with the aggressive, imperialistic direction this country has taken in Iraq, to control and usurp it's oil, and the extent to which BOTH parties are complicit.

Kucinich for President

One of the very few standing up for the Constitution and the People. If only my own, Bill Delahunt, D-MA would do the same.

by Nick van Nes (0 articles, 0 quicklinks, 0 diaries, 285 comments) on Sunday, September 28, 2008 at 7:24:23 PM

I practiced law in Florida. In 2006, I represented Max Linn, the Reform Party candidate for Governor of Florida, in successful lawsuits brought against the media to require his inclusion in the Gubernatorial debates. I also represented John Russell, Clint Curtis, Frank Gonzalez, and others in contesting the official results of the 2006 elections in Florida state court and before the U.S. House of Representatives.

I earned my BA in business administration with a major in finance ...

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Mark AdamsI practiced law in Florida. In 2006, I represented Max Linn, the Reform Party candidate for Governor of Florida, in successful lawsuits brought against the media to require his inclusion in the Gubernatorial debates. I also represented John Russell, Clint Curtis, Frank Gonzalez, and others in contesting the official results of the 2006 elections in Florida state court and before the U.S. House of Representatives.

I earned my BA in business administration with a major in finance ...

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Hopefully, Dennis and a few other members of Congress

will be able to derail the latest Bush bailout a.k.a. rip-off!!!

Could it be a case of the Bush Administration looking the other way while all kinds of scamming was going on? Let's see. Bush I is ruling during the Savings and Loan bail out, and Bush II is ruling when the banks need to be bailed out. Does anyone see a pattern here? Find out who caused this mess and learn a better way to get out of it.

See Wondering Why We Are Bailing Out Those Banks? Could it be FRAUD!?!?! This article contains links to the Miami Herald articles showing that (surprise, surprise) the Republicons looked the other way while widespread mortgage fraud went unchecked.

Please check it out, and pass it along to your friends. Also, use the link Help the Victims, Not the Scam Artists! to send a message to your members of Congress and your local newspaper telling them what you think about the latest Bush engineered crisis!

You can find out more and take action by going to www.VoteNoBailout.org

by Mark Adams (19 articles, 0 quicklinks, 0 diaries, 275 comments) on Sunday, September 28, 2008 at 7:47:31 PM

American Expat in Asia
pftAmerican Expat in Asia

This is the Truth

Technically, the US is simply a huge corporation where all industries are bound together under interlocking directorships, and government provides the administrative and regulatory infrastructure that allows them to exploit labour of all nations for profit. They also provide security services at home and abroad. Congress is on the Board of Directors.

The President is the CEO

Secretary of Treasury is the CFO

Department of Commerce is the COO

US Inc is owned by the British Crown, and has been since the treaty of Paris in 1783 when the King dictated the terms of our existence. We are free so long as we pay tribute. Unfortunately, the Queen is getting ready to foreclose since we are bankrupt. This 700 billion is just a down payment buying us a bit more time.

US Inc valuable corporate assets, and government assets (military, intelligence) and resources will be seized as part of the foreclosure process and reorganized into the new global corporation called Global Inc. for lack of a better name.

The rest of us get left behind and we will all become farmers to feed the world to pay off our debt, or something like that.

by pft (0 articles, 0 quicklinks, 0 diaries, 576 comments) on Sunday, September 28, 2008 at 8:08:15 PM

HE SPEAKS TRUTH.

bring on the horrors, cuz there's no stopping it now.

by bucketslogg (0 articles, 0 quicklinks, 0 diaries, 101 comments) on Sunday, September 28, 2008 at 9:25:09 PM

Currently I'm a cartoonist and contributing writer for The New Orleans Levee. For those wishing to view my work you can see my latest at: nolevee.com
Mr MCurrently I'm a cartoonist and contributing writer for The New Orleans Levee. For those wishing to view my work you can see my latest at: nolevee.com

One of the few men in government worth listening to

... to bad no one is.

It speaks volumes about the state of our government that those tht speak with reason are regulated to the fringe.

Without a doubt, Kucinich was best of the entire field of cadidates, hence it's why he was shut-out early by powers-that-be.

by Mr M (4 articles, 0 quicklinks, 51 diaries, 2028 comments) on Monday, September 29, 2008 at 8:59:19 AM

Anita Stewart is a licensed medical professional, artist, freelance writer, blogger and photographer, independent publicist and New Media and Virtual Outreach expert. Anita was born in Detroit and grew up in a rock and roll radio station in Pennsylvania that her father owned, so news, media and music has always been an important part of her life. Anita is a USAF veteran. While attending the University of Maryland, where she received a degree in English with a minor in film and journalism, she wo...

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Anita StewartAnita Stewart is a licensed medical professional, artist, freelance writer, blogger and photographer, independent publicist and New Media and Virtual Outreach expert. Anita was born in Detroit and grew up in a rock and roll radio station in Pennsylvania that her father owned, so news, media and music has always been an important part of her life. Anita is a USAF veteran. While attending the University of Maryland, where she received a degree in English with a minor in film and journalism, she wo...

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Dennis should be president...

He can take something so bad and horrific and see the way out of it. One of the few people in Congress with an incredibly broad vision. I am proud to know him...

by Anita Stewart (1 articles, 0 quicklinks, 0 diaries, 52 comments) on Monday, September 29, 2008 at 9:05:13 AM

Murtagh is a doctor of pulmonary, critical care and sleep medicine.ï¿½ Murtagh's career combines both writing and science.ï¿½

Dr. James Murtagh is a co-founder of the International Association of Whistleblowers (IAW), and of Washington Whistleblower Week.See:ï¿½http://en.wikipedia.org/wiki/Whistleblower_weekï¿½ï¿½
James MurtaghMurtagh is a doctor of pulmonary, critical care and sleep medicine.ï¿½ Murtagh's career combines both writing and science.ï¿½

Dr. James Murtagh is a co-founder of the International Association of Whistleblowers (IAW), and of Washington Whistleblower Week.See:ï¿½http://en.wikipedia.org/wiki/Whistleblower_weekï¿½ï¿½

Whistleblowers Tried to Stop Market Meltdown & Need to be Pr

I was impressed by your article. One important aspect that should not be missed is that Whistleblowers Tried to Stop Market Meltdown & Need to be Protected in Any Fix.

http://www.opednews.com/articles/Whistleblowers-Tried-to-St-by-Jesselyn-Radack-080924-582.html

I hope that you will support the Whistleblower protection act, and ask all your friends and public interest groups to also support it. This whole fiasco could have been avoided, should have been avoided. It must be avoided in the future.

Please see:
http://www.opednews.com/articles/Dramatic-Surge-in-Public-D-by-Tom-Devine-and-Jim-080913-609.html

It is now urgent that every single local and national group that favors good government sign the bipartisan demand to pass the Whistleblower Protection Act! We need you! Please contact your rotary, your local advocacy group, your local coalition. American free speech, American democracy, and our society's integrity are on the line.

by James Murtagh (35 articles, 0 quicklinks, 0 diaries, 88 comments) on Monday, September 29, 2008 at 11:47:07 AM

Male, 50, Texas. White with white hair (for 20 years)
Write, read, and draw.
Topics include science, art, history, language, philisophy, the odd and unusual. SiFi/Goth/Lovecraft
Recovering from a medical episode that nearly killed me in 2006. Still being treated.
An autodidact and graduated High School but not college.
Not good with people. I have poor emotional intelligence.
nightgauntMale, 50, Texas. White with white hair (for 20 years)
Write, read, and draw.
Topics include science, art, history, language, philisophy, the odd and unusual. SiFi/Goth/Lovecraft
Recovering from a medical episode that nearly killed me in 2006. Still being treated.
An autodidact and graduated High School but not college.
Not good with people. I have poor emotional intelligence.

kucinich was our FDR but the powers that be said NO!

I am confused by those who don't seem to understand that the corporate press isn't on our side. Look at the roster of owners and managers and you see the very same types that are in Congress and Senate and Presidency as to what is 'conservative' which really doesn't say what they really are. It is more in line with authoritarianism which covers every type of and kind of dictatorship. The main ones of those are the Dominionists who wish to finish taking over our country and are near doing it. Kucinich is one of the few, still alive, that stands in their way.

by nightgaunt (0 articles, 0 quicklinks, 0 diaries, 322 comments) on Monday, September 29, 2008 at 12:43:39 PM

I am a college graduate, a loyal patriot of the Constitution and Bill of Rights, a person whose convictions and pessimism drive my thought invoking others to think, and enjoy some politcal debate. I like truth even if it doesn't set you "free" in this US of A any longer. I am a liberal.
I do a bit of painting mostly in Acrylic. I do a bit of poetry writng mostly inspired by tragic thought. I do a ton of reading, mostly online. I speak straightforwardly and don't plan on changing. It's wor...

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shirley reeseI am a college graduate, a loyal patriot of the Constitution and Bill of Rights, a person whose convictions and pessimism drive my thought invoking others to think, and enjoy some politcal debate. I like truth even if it doesn't set you "free" in this US of A any longer. I am a liberal.
I do a bit of painting mostly in Acrylic. I do a bit of poetry writng mostly inspired by tragic thought. I do a ton of reading, mostly online. I speak straightforwardly and don't plan on changing. It's wor...

to see more of bio, click on member name

Dennis is my hero

He fills the shoes of the greatest of the Founders. He speaks truth to power and he is no whimp. They came and threatened him and he didn't back down. He ran them off. If it was 1776, he'd be one of those Founders. he IS the statesman that all Representatives SHOULD be.

The bailout failed and boy were they mumbling the tales of Mushrooms and smoking guns. This bailout was nothing more than leaving the back door to Fort Knox open.

by shirley reese (0 articles, 0 quicklinks, 0 diaries, 433 comments) on Monday, September 29, 2008 at 9:05:17 PM

Fiction writing...
Armon PacettiFiction writing...

Kucinich

Never thought I'd be agreeing with him, but I'm certainly doing so with this bail out... By they way, you guys calling this the Bush bail out... most of the democrats are right in there with Bush, the difference being they want to add more garbage to an already bad bill!

Thank God for the democrats and republicans who had the courage to vote no!!!!

by Armon Pacetti (0 articles, 0 quicklinks, 0 diaries, 21 comments) on Monday, September 29, 2008 at 9:24:47 PM

18 comments

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