Tuesday 30 September 2008

Top 5 Reasons to Vote Against Wall Street's $700 Billion Bailout

For all the "panic" created by the credit crunch there are still very few calling for what is actually needed which is a root and branch reform of how banks/investors/hedge funds & pension funds operate. The prevailing attitude seems to be one of "give banks the money and we can all go about our business as if nothing has happened". Considering the banks created this mess it's simply staggering that we are now asked to trust their judgment about _any_ possible solution. It seems to be simply beyond the ability of most economists and pundits to question the system, like religious zealots no matter what evidence of put before them they continue to believe.

Anyway, the Top 5 Reasons to Vote Against Wall Street's $700, they all seem like good reasons to me;

link

also

The Rich Are Staging a Coup This Morning