Portland OR – April 11, 2009 – Click for more info
NATIONALIZE: Experts agree on the means — Insolvent banks that are too big to fail must incur a temporary FDIC intervention – no more blank check taxpayer handouts. (see Krugman on nationalization)
REORGANIZE: Current CEOs and board members must be removed and bonuses wiped out. The financial elite must share in the cost of what they have caused. (see Simon Johnson on reorganizing)
DECENTRALIZE: Banks must be broken up and sold back to the private market with new antitrust rules in place– new banks, managed by new people. Any bank that’s “too big to fail” means that it’s too big for a free market to function. (see Mike Lux on decentralization)
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These statist astroturf protests are a BAD idea … Liberty is on the rise and the folks behind these are on the WRONG side of history. Don’t blame the execs, blame the oligarchs. It is not us VS corporations (that’s like cutting your nose to spite your face — the corporations are us, duh.) It is us VS the elite oligarchs to which Mr. Lux nefariously represents. Shame.
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Jeff,
Don’t be a Teabagger! Be an American and stand with Americans. We are tired of the Corporate Elite controlling our destinies. We are sick and tired of them running our elected officials. Change needs to happen now. You are your Republican cronies need to quite propping those up who have put our country in this position.
Ha Ha Lou. Have fun in your Utopian nightmare.