Tuesday, September 30, 2008

Seize control.

Editor,

The U.S. Treasury has plenty of money to loan to homeowners and small businesses without involving any predatory middlemen.

Wall Street bankers have demonstrated clearly that they have little interest in keeping the wheels of American commerce turning and are far more interested in duplicitous and mendacious games involving "derivatives" to make themselves rich.

It is not possible to trust the Bush administration, who have lied about everything from WMD to torture and who obviously work for the predators who populate Wall Street, to manage this crisis responsibly.

But there might be enough true patriots in the U.S. Congress who actually believe it is their duty to defend the citizens of the United States from fascist attacks from within to devise a plan that does not involve the Bush administration or Wall Street to provide credit directly to American businesses, seize control of Wall Street, distinguish solvent from insolvent banks, and stipulate the rules under which surviving banks will be allowed to operate.

re: "Lesson From a Crisis: When Trust Vanishes, Worry" (10/1/2008)

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