BIG WIN FOR THE PEOPLE

The "investor class" is shaken after the House of Representatives today voted NO on the big bank bailout bill. The Democratic party leadership, who pushed this Bush pirate bill, have taken one on the chin.

Now we need public hearings in Congress to get to the real truth in all of this. Congress held hearings for days about steroid use in baseball but tried to rush this thing through with minimal public exposure. It appears that the American people are fired up on this one. They are swinging into action which is a good thing. Keep it rolling folks.

I agree with David Swanson (After Downing Street) when he says, "I want Congress to haul fraudulent bankers into Washington and force them to testify, fire them without compensation as part of any bailouts, and refer them to the Justice Department for prosecution.

I want serious regulation of Wall Street.

I want a five-year moratorium on foreclosures, and a bailout of homeowners equal to any bailout of bankers.

And, finally, I want $700 billion invested in green energy jobs immediately, to be paid for by a tax on carbon emissions."

And I would add that we want health care for all. If people had national health care, like they do in the Nordic nations I just visited, many of them would probably not be defaulting on their home mortgage loans in the first place.

To see how they voted in the House just clink on this link: http://www.afterdowningstreet.org/node/36430