Tuesday, February 10, 2009

WHAT Really Happened in Mid Sept, and WHY We Are Where We Are

I want you to watch something so bone chilling it is surrealistic. PLEASE, please watch this.

Rep. Kanjorski: "It would have been the end of our economic system and our political system as we know it."

The statement above by Rep. Kanjorski (D-PA) refers to mid September, 2008 (when McCain was uttering things like the basics of the economy are sound). As Rep. Kanjorksi points out (and something that has NEVER been told to the American people before), is that in the period of about one hour, the US money markets began an electronic run that took $550 BILLION dollars out of the market in one hour.

This section begins about 2:10, but the WHOLE THING is bone chilling.

Now, with that in mind...

Sen. Barbara Boxer (D-CA), one of my senators and a woman I have great respect for, talks about the need for 60 votes and why the GOP is being effective. Watch, it's good (6:14) and it explains a lot about the rumbling and bumbling going on in the US Senate over the stimulus bill.

"To do nothing is a hostile action against the American people."
--Barbara Boxer

Now that you watched that... watch Michael Steel, and Rachel Maddow again, from last night. Oy. (5:21)

These paired videos, along with the thinking of most economic czars, says that, if anything, the stimulus bill needs to be larger, not smaller. But as Boxer points out, they need the 60 votes (even with Franken, they would only have 59 assuming ALL dems are lockstep including the two independents). Republicans that really don't want the dems to succeed (for a lot of reasons), nevermind the American people, stand in the doorway.

I have stayed in constant communication with my federal reps [even my useless congressman, Gary Miller (R-Diamond Bar)] and let them know what I think. I praise them when I can, and in the case of Miller have just suggested he stay home if he can't do anything useful past being an uber right-wing ideologue. Miller is as useless as a pop gun.

I hope you will do likewise.

If we fail at this, our collective future will be GRIM... unless you like making new friends in a bread line.