[Marxism] To Hell with Wall St.
Greg McDonald
sabocat59 at mac.com
Thu Oct 2 06:52:46 MDT 2008
The Huffington Post
October 2, 2008
Alec Baldwin
Posted October 1, 2008 | 11:25 AM (EST)
To Hell with Wall Street
If you give them the $700 billion, make them issue stock. Make every
recipient of the bailout issue stock in return for our "investment."
Don't give them the dough. Make them sell a stake in their companies.
Banks, investment firms, insurance companies, you name it.
Put the money in accounts to fund Social Security.
Or, as my friend David said over dinner tonight, only give the money
to small, local banks. Savings and loans. To rebuild the mortgage
market on the local level. Borrow the money from a guy who lives in
your town. To Hell with Wall Street. The current Wall Street. Why
prop up a system that may soon devolve into Three Big Banks, only to
watch one of those fold after the election?
Remember one of the most damning things about this government: they
lie. All the time. There is likely more to come. And $700 billion
will not cover it. So, they'll come back for more. A lot more.
Don't give them the money. Don't loan it. Make them sell us a piece
of the action.
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