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Yesterday afternoon, hundreds of people from different activist groups marched in the Financial District to protest the multi-billion dollar bailouts financial firms have received from the government as well as demand jobs for Americans who aren't financial executives. Bail Out The People organized the event, and spokesman Dustin Langley told Reuters, "This crisis is growing more dire everyday with so many people being kicked out of their home and jobs." Langley also told the Daily News, "An economic crisis isn't an AIG executive not having enough money to pay for his house on the Riviera. An economic crisis is all the American families that can't afford to put food on their tables."
Another protester, Tsehai Hiwot, with World Can’t Wait and the International Action Center, expressed disgust to IndyMedia, "I don’t think it’s fair that we bail out billionaires but we don’t help the working people. And I’m somebody that lost their job, so I’m really affected by this. Why do I have to pay my taxes [that go] into the pockets of people that made greedy investments?"
Another protest is taking place today. Yesterday, there were four arrests of people apparently blocking traffic on Broadway. The Bail Out the People is demanding their release, adding, "The real criminals are in the boardrooms and executive offices on Wall Street, not the people marching for jobs, healthcare, and a moratorium on foreclosure."
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"An economic crisis isn't an AIG executive not having enough money to pay for his house on the Riviera. An economic crisis is all the American families that can't afford to put food on their tables."
Can't disagree with that, can we?
for reals. where are the jobs??
marshals working OT evicting people, repo men repossessing cars and homes, sounds like boom times for them.
Too many government services (Fannie, Freddie, Ginnie) got us into this trouble. Plus we already have food stamps, welfare, public housing, and Medicaid...and they want more?
Gimme a break. Unfortunately our public education (which we pay more per pupil than any other nation in) has failed us because it's gotten too big. So these protesters are going to keep perpetuating this ignorant plea for "bailing out the people."
Give me a break. No more.
Greed got us in to this. Time to pay up in more ways than one. Not welfare, not public housing and not medicaid.
Let me get this straight.
The greedy rich made out like bandits and the poor should pay the price of their greed? Is that the claim?
What's wrong with this picture?
There's nothing wrong with the picture. By and large, Americans are pretty sycophantic. If the rich and powerful do something wrong, they blame the poor and powerless. The total mess made out of the financial world by its masters and wizards, and the gigantic sums given them to go on wasting and game-playing, mean we should cut back Welfare, Medicaid, and public schools. It's the mentality of slaves and serfs. Same reason Americans worship celebrities.
It was bad enough when Hank Paulson and Bernard Bernanke bet a trillion dollars on a bunch of failed con artists on Wall Street. But for Obama and his crew to get sucked into that foolishness is beyond belief. The payback is really simple: Americans will be buying very little in the coming years and the assholes who make a living preying on the american consumer will have to feed elsewhere or starve. Maybe shit rolls downhill and money comes up, but all these jerks have to look forward to is recycled shit.