[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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