Love and appreciate your work GW. thanks.

Write-up.

We have watched this government, both Republicans and Democrats, rape and pillage without any accountability for way too long. They are all fucking crooks. Now they are wanting the citizens who have been struggling under this corporatist mafia for 8 years, to pick up the tab for the monumental mistakes of the investment class. If they lose this money, if they don't get this bailout, none of them will even feel it. None of them will miss a car payment or a mortgage payment. None of them will have to opt for peanut butter sandwiches and thrift store clothes. None of them will have to wonder if they will make their rent this month. None of them will feel it at all. To invest in a hedge fund, you must be ultra-wealthy. You must be able to write a check for a minimum of a million dollars. This doesn't mean net worth. It means liquid money, cash. Fuck these idle rich bastards.

In Kansas;

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&fo...

But what we need is a PROGRAM. The idealization of "market forces and prices" (Ron Paul) is not a workable program, as laissez faire leads as surely to complete collapse of the Capitalist System as do the various interventionist approaches. Why not read something from Trotsky's Transitional Program (1938). http://www.marxists.org/archive/trotsky/1938/tp/tp-text.htm#pb

Expropriation of the Private Banks and
State-ization of the Credit System
Imperialism means the domination of finance capital. Side by side with the trusts and syndicates, and very frequently rising above them, the banks concentrate in their hands the actual command over the economy. In their structure the banks express in a concentrated form the entire structure of modern capital: they combine tendencies of monopoly with tendencies of anarchy. They organize the miracles of technology, giant enterprises, mighty trusts; and they also organize high prices, crises and unemployment. It is impossible to take a single serious step in the struggle against monopolistic despotism and capitalistic anarchy – which supplement one another in their work of destruction – if the commanding posts of banks are left in the hands of predatory capitalists. In order to create a unified system of investments and credits, along a rational plan corresponding to the interests of the entire people, it is necessary to merge all the banks into a single national institution. Only the expropriation of the private banks and the concentration of the entire credit system in the hands of the state will provide the latter with the necessary actual, i.e., material resources – and not merely paper and bureaucratic resources – for economic planning.

The expropriation of the banks in no case implies the expropriation of bank deposits. On the contrary, the single state bank will be able to create much more favorable conditions for the small depositors than could the private banks. In the same way, only the state bank can establish for farmers, tradesmen and small merchants conditions of favorable, that is, cheap credit. Even more important, however, is the circumstance that the entire economy – first and foremost large-scale industry and transport directed by a single financial staff, will serve the vital interests of the workers and all other toilers.

However, the state-ization of the banks will produce these favorable results only if the state power itself passes completely from the hands of the exploiters into the hands of the toilers.

http://www.thenation.com/doc/20081006/scheer