Tuesday, September 30, 2008

The Rich Are Staging a Coup This Morning ...a message from Michael Moore

Monday, September 29th, 2008
The Rich Are Staging a Coup This Morning ...a message from Michael Moore



Let me cut to the chase. The biggest robbery in the history of this country
is taking place as you read this. Though no guns are being used, 300 million
hostages are being taken. Make no mistake about it: After stealing a half
trillion dollars to line the pockets of their war-profiteering backers for
the past five years, after lining the pockets of their fellow oilmen to the
tune of over a hundred billion dollars in just the last two years, Bush and
his cronies -- who must soon vacate the White House -- are looting the U.S.
Treasury of every dollar they can grab. They are swiping as much of the
silverware as they can on their way out the door.

No matter what they say, no matter how many scare words they use, they are
up to their old tricks of creating fear and confusion in order to make and
keep themselves and the upper one percent filthy rich. Just read the first
four paragraphs of the lead story in last Monday's New York Times and you
can see what the real deal is:

"Even as policy makers worked on details of a $700 billion bailout of the
financial industry, Wall Street began looking for ways to profit from it.

"Financial firms were lobbying to have all manner of troubled investments
covered, not just those related to mortgages.

"At the same time, investment firms were jockeying to oversee all the
assets that Treasury plans to take off the books of financial institutions,
a role that could earn them hundreds of millions of dollars a year in fees.

"Nobody wants to be left out of Treasury's proposal to buy up bad assets
of financial institutions."

Unbelievable. Wall Street and its backers created this mess and now they are
going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm
to be hired (and paid) to "consult" in the bailout.

The problem is, nobody truly knows what this "collapse" is all about. Even
Treasury Secretary Paulson admitted he doesn't know the exact amount that is
needed (he just picked the $700 billion number out of his head!). The head
of the congressional budget office said he can't figure it out nor can he
explain it to anyone.

And yet, they are screeching about how the end is near! Panic! Recession!
The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout
bill today!! The sky is falling! The sky is falling!

Falling for whom? NOTHING in this "bailout" package will lower the price of
the gas you have to put in your car to get to work. NOTHING in this bill
will protect you from losing your home. NOTHING in this bill will give you
health insurance.

Health insurance? Mike, why are you bringing this up? What's this got to do
with the Wall Street collapse?

It has everything to do with it. This so-called "collapse" was triggered by
the massive defaulting and foreclosures going on with people's home
mortgages. Do you know why so many Americans are losing their homes? To hear
the Republicans describe it, it's because too many working class idiots were
given mortgages that they really couldn't afford. Here's the truth: The
number one cause of people declaring bankruptcy is because of medical bills.
Let me state this simply: If we had had universal health coverage, this
mortgage "crisis" may never have happened.

This bailout's mission is to protect the obscene amount of wealth that has
been accumulated in the last eight years. It's to protect the top
shareholders who own and control corporate America. It's to make sure their
yachts and mansions and "way of life" go uninterrupted while the rest of
America suffers and struggles to pay the bills. Let the rich suffer for
once. Let them pay for the bailout. We are spending 400 million dollars a
day on the war in Iraq. Let them end the war immediately and save us all
another half-trillion dollars!

I have to stop writing this and you have to stop reading it. They are
staging a financial coup this morning in our country. They are hoping
Congress will act fast before they stop to think, before we have a chance to
stop them ourselves. So stop reading this and do something -- NOW! Here's
what you can do immediately:

1. Call or e-mail Senator Obama. Tell him he does not need to be sitting
there trying to help prop up Bush and Cheney and the mess they've made. Tell
him we know he has the smarts to slow this thing down and figure out what's
the best route to take. Tell him the rich have to pay for whatever help is
offered. Use the leverage we have now to insist on a moratorium on home
foreclosures, to insist on a move to universal health coverage, and tell him
that we the people need to be in charge of the economic decisions that
affect our lives, not the barons of Wall Street.

2. Take to the streets. Participate in one of the hundreds of quickly-called
demonstrations that are taking place all over the country (especially those
near Wall Street and DC).

3. Call your Representative in Congress and your Senators. (click here to
find their phone numbers). Tell them what you told Senator Obama.

When you screw up in life, there is hell to pay. Each and every one of you
reading this knows that basic lesson and has paid the consequences of your
actions at some point. In this great democracy, we cannot let there be one
set of rules for the vast majority of hard-working citizens, and another set
of rules for the elite, who, when they screw up, are handed one more gift on
a silver platter. No more! Not again!

Michael Moore
MMFlint@ aol.com

P.S. Having read further the details of this bailout bill, you need to know
you are being lied to. They talk about how they will prevent golden
parachutes. It says NOTHING about what these executives and fat cats will
make in SALARY. According to Rep. Brad Sherman of California, these top
managers will continue to receive million-dollar-a-month paychecks under
this new bill. There is no direct ownership given to the American people for
the money being handed over. Foreign banks and investors will be allowed to
receive billion-dollar handouts. A large chunk of this $700 billion is going
to be given directly to Chinese and Middle Eastern banks. There is NO
guarantee of ever seeing that money again.

P.P.S. From talking to people I know in DC, they say the reason so many Dems
are behind this is because Wall Street this weekend put a gun to their heads
and said either turn over the $700 billion or the first thing we'll start
blowing up are the pension funds and 401(k)s of your middle class
constituents. The Dems are scared they may make good on their threat. But
this is not the time to back down or act like the typical Democrat we have
witnessed for the last eight years. The Dems handed a stolen election over
to Bush. The Dems gave Bush the votes he needed to invade a sovereign
country. Once they took over Congress in 2007, they refused to pull the plug
on the war. And now they have been cowered into being accomplices in the
crime of the century. You have to call them now and say "NO!" If we let them
do this, just imagine how hard it will be to get anything good done when
President Obama is in the White House. THESE DEMOCRATS ARE ONLY AS STRONG AS

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