Kucinich on Why Bailout is being Rushed & Why It Shouldn't Be 1/2

Democratic Congressman Dennis Kucinich will vote against the big bailout bill that Congress is attempting to rush through. He discusses the need to examine alternatives to bailout. He says the bill benefits only those at the top who abused the system. Excerpt from Democracy Now, 29 Sept 2008. http://www.democracynow.org

For PART 2 of the interview, see http://www.dailymotion.com/yrrmom/video/11615401
**************************************

Category:

News & Politics

Tags:

• kucinich
• bailout
• congress

[Finilouella]

Kucinich makes sense. Why is he almost alone in seeing through these bipartisan scams?

Please digg this up and support this man of the people.

[yrrmom]

He isn't alone in seeing through the scams. It's just that the others are willing to go along with the scams.

[msnoodlebrain]

Thank you, once again, Dennis.

And you too, Amy.

This gives me confidence now that the Bail Out was not passed, that we might actually do something right.

I think we need to have the government buy the homes from the banks for the people, keeping the people in their homes, turning ARM's into fixed low rates, and the government owning and earning the interest from the repayments from the people.

We need to take the authority and the wealth away from those who scammed our economy.

[twodoggzz]

Kucinich is wise. He wants to impeach Bush. His insight of this bailout transferring wealth is correct. The middle class will lose. Why should wall streeters be rewarded at the cost of the middle class, the tax paying herd.

[briggs9187]

I think the friends of friends got the bailout....all of our money is gone and why ends up with the bill? WE DO!!!!

[SurfCitySolar]

They are bundling tax breaks for wind, solar and other alternative energy projects into the bill, as if that's the only way. Those tax breaks should be on a separate bill... What a swindel. The FDIC insurance increase is only temporary. It should be permanent and it should be on a separate bill as well. You can put lipstick on a pig, but it's still a pig. It's time Ron Paul, Dennis Kucinich and Ralph Nader join forces.

[dilbertgeg]

Dennis' Chief Economics advisor is Michael Hudson. Check his website.

Hudson advocated taxing RENT, not income or physical capital. That includes minerals and interest on OUR money.

That's not socialism. It's CLASSIC economics.

[sissymonster]

Dennis you are America's Hero!

[havocrein]

This guy knows what he's talking about, unlike that stupid Nancy Pelosi.

[meloearth]

Yup...there's so much stuff happening. It really makes me think there are tons of diversions right now.

[meloearth]

Thank you American people, that have FINALLY shown some power! I'm so proud of all of the emails and phone calls these guys have gotten. This didn't pass because of the pressure of the people reaching out to their reps. CONGRATS!!!!!!!!!!!

[suaveone101]

great job Dennis..i am a strict rep. but on this issue you are on the money.

[suaveone101]

they killed the bil cause its a bad bill..get you head out you butt and wake up..this is not about dems or reps..its about OUR money..yours and mine..there are laws already in place to deal with this issue..let the ones that created it pay for it..not the general public..get it???