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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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By Dennis Kucinich (about the author)     Page 1 of 1 page(s)

opednews.com     Permalink

For OpEdNews: Dennis Kucinich - Writer

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 more...)
 

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Good man by kato krause on Sunday, Sep 28, 2008 at 2:36:12 PM
It's a great question, but unfortunately the answer is by Richard Mynick on Sunday, Sep 28, 2008 at 3:37:38 PM
Yes... He is a good man... HE CAN'T DO IT ALONE !!!! by bucketslogg on Sunday, Sep 28, 2008 at 3:56:24 PM
MSM MIA as Usual by Sean Fenley on Sunday, Sep 28, 2008 at 5:08:48 PM
Congressman Kucinch by Anne Kennedy Rackham on Sunday, Sep 28, 2008 at 5:35:55 PM
you are right, Anne by Meryl Ann Butler on Sunday, Sep 28, 2008 at 8:57:29 PM
If Dennis ran his campaign... by Daniel Geery on Sunday, Sep 28, 2008 at 7:11:40 PM
Weren't you there? by bucketslogg on Sunday, Sep 28, 2008 at 9:22:29 PM
Kucinich for President by Nick van Nes on Sunday, Sep 28, 2008 at 7:24:23 PM
Hopefully, Dennis and a few other members of Congress by Mark Adams on Sunday, Sep 28, 2008 at 7:47:31 PM
This is the Truth by pft on Sunday, Sep 28, 2008 at 8:08:15 PM
HE SPEAKS TRUTH. by bucketslogg on Sunday, Sep 28, 2008 at 9:25:09 PM
One of the few men in government worth listening to by Mr M on Monday, Sep 29, 2008 at 8:59:19 AM
Dennis should be president... by Anita Stewart on Monday, Sep 29, 2008 at 9:05:13 AM
Whistleblowers Tried to Stop Market Meltdown & Need to be Pr by James Murtagh on Monday, Sep 29, 2008 at 11:47:07 AM
kucinich was our FDR but the powers that be said NO! by nightgaunt on Monday, Sep 29, 2008 at 12:43:39 PM
Dennis is my hero by shirley reese on Monday, Sep 29, 2008 at 9:05:17 PM
Kucinich by Armon Pacetti on Monday, Sep 29, 2008 at 9:24:47 PM

 
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