From: Henry
Sent: Tuesday, September 23, 2008 5:32 PM
Subject: Money Transfer
Dear American:
I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.
I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.
I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.
This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.
Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safegu
Tuesday, September 23, 2008
One more bad idea from the Bush administration
Now, according to the Bush administration, it turns out:
"THE GOVERNMENT IS THE SOLUTION"!!!
Who would have guessed it?
----
Not everyone agrees:
Allan Meltzer on the bailout
Allan H. Meltzer, Carnegie Mellon University professor of political economy and the author of several books on monetary policy and economic history, including his multi-volume A History of the Federal Reserve, was interviewed yesterday on the News Hour with Jim Lehrer and agian today on the News Hour along with Paul Krugman, who also has misgivings. In the interview Meltzer discusses the Fed's recent decision to bailout the failing insurance giant AIG, and "what the tumultuous week on Wall Street means for the country's financial health." Download the archived video at the News Hour website.
Mr. Meltzer says, at best, the government could make loans, which would have to be paid back with interest by these financial institutions, and that dividends and bonus can not be paid until the loans are paid back.
Mr. Meltzer be one of the few free market advocates who is not currently hiding under a rock.
"THE GOVERNMENT IS THE SOLUTION"!!!
Who would have guessed it?
----
Not everyone agrees:
Allan Meltzer on the bailout
Allan H. Meltzer, Carnegie Mellon University professor of political economy and the author of several books on monetary policy and economic history, including his multi-volume A History of the Federal Reserve, was interviewed yesterday on the News Hour with Jim Lehrer and agian today on the News Hour along with Paul Krugman, who also has misgivings. In the interview Meltzer discusses the Fed's recent decision to bailout the failing insurance giant AIG, and "what the tumultuous week on Wall Street means for the country's financial health." Download the archived video at the News Hour website.
Mr. Meltzer says, at best, the government could make loans, which would have to be paid back with interest by these financial institutions, and that dividends and bonus can not be paid until the loans are paid back.
Mr. Meltzer be one of the few free market advocates who is not currently hiding under a rock.
No Bailout! Make One Call.
No Bailout! Make One Call.
202-224-3121
Call the US Capitol. Ask to speak to your Congressman or Senator - and tell them...
NO BAILOUT! NO BLANK CHECK!
Forward this email on to your friends.
George Bush is demanding a blank check.
Treasury Secretary Hank Paulson is demanding a $700 billion bailout of Wall Street.
And Democrats in Congress must deliver both by Friday, September 26, they say – or else.
To which Democrats should respond: No, no, no!
We gave Bush a blank check after September 11. We gave him another blank check for the war in Iraq. We’re not going to give him another one now, for Wall Street.
Let Democrats tell the President: No Blank Check and no Bailout. Unless….Unless there’s some real relief included for working Americans…And unless there are some tough new rules for Wall Street.
For starters:
* No CEO of a company we bail out should be able to make more than the President of the United States.
* No golden parachutes for executives of Lehman Brothers, Freddie, Fannie, Merrill-Lynch, or AIG.
* Homeowners about to lose their homes should get their mortgages bought down to a level they can afford.
* There must be new limits on how much interest banks can charge on credit cards.
* And a percentage of bail-out funds should go to states and cities for new construction projects and new jobs.
And that’s just for starters.
If Congress is going to bail anybody out, they must bail out all Americans – not just the crooks on Wall Street.
Forward this email to your friends!
Bill Press
The Bill Press Show airs live weekday mornings, from 6-9 AM ET. Visit us online at http://www.billpressshow.com.
202-224-3121
Call the US Capitol. Ask to speak to your Congressman or Senator - and tell them...
NO BAILOUT! NO BLANK CHECK!
Forward this email on to your friends.
George Bush is demanding a blank check.
Treasury Secretary Hank Paulson is demanding a $700 billion bailout of Wall Street.
And Democrats in Congress must deliver both by Friday, September 26, they say – or else.
To which Democrats should respond: No, no, no!
We gave Bush a blank check after September 11. We gave him another blank check for the war in Iraq. We’re not going to give him another one now, for Wall Street.
Let Democrats tell the President: No Blank Check and no Bailout. Unless….Unless there’s some real relief included for working Americans…And unless there are some tough new rules for Wall Street.
For starters:
* No CEO of a company we bail out should be able to make more than the President of the United States.
* No golden parachutes for executives of Lehman Brothers, Freddie, Fannie, Merrill-Lynch, or AIG.
* Homeowners about to lose their homes should get their mortgages bought down to a level they can afford.
* There must be new limits on how much interest banks can charge on credit cards.
* And a percentage of bail-out funds should go to states and cities for new construction projects and new jobs.
And that’s just for starters.
If Congress is going to bail anybody out, they must bail out all Americans – not just the crooks on Wall Street.
Forward this email to your friends!
Bill Press
The Bill Press Show airs live weekday mornings, from 6-9 AM ET. Visit us online at http://www.billpressshow.com.
Monday, September 22, 2008
No Blank Check for Wall St. ~ Sign the petition
Is this what Bush meant my an"ownership society"?
Who would have thought that it would be the Republicans who brought socialism to America? Of course they are only offering to "socialize" the risk, the profits will still be privatized. What rock have all of the libertarians and free market advocates crawled under?
These are the freest, of free market institutions, which now asking for a government handout. I don't ever want to hear about "trusting the market"again, and don't even think about putting my social security in these folks hands.
----
No blank check for Wall Street.
Congress is on the brink of making a one-sided deal to give George W. Bush a blank check to bail
out his pals - offering nearly (or perhaps more than) a trillion taxpayer dollars to Wall Street to cover its bad debts. That works out to somewhere between $2000 and $5000 from every American family. So what do the taxpayers get in return?
Nothing. No new regulation or oversight to help avoid this kind of crisis in the future. No public interest givebacks to help people whose homes are in the hands of the banks. Perhaps most shockingly of all, the taxpayers get absolutely no share in the profits if and when these finance giants bounce back, even though we are now assuming a great deal of the risk.
This is worse than a bad deal - this isn't a deal at all. This is a blank check to some of the richest companies in the world.
I just signed a petition calling on key members of Congress to impose a few sensible conditions to this bailout in order to protect the American people -- I hope you will too.
Click here to take action.
Thanks!
Richard Salzman
--------
What Wall Street Should Do To Get Its Blank Check
By Robert Reich - September 21, 2008, 1:48PM
The frame has been set, the die cast. Treasury Secretary Hank Paulson, presumably representing the Bush administration but indirectly representing Wall Street, and Fed Chief Ben Bernanke, want a blank check from Congress for $700 billion or possibly a trillion dollars or more to take bad debt off Wall Street's balance sheets. Never before in the history of American capitalism has so much been asked of so many for (at least in the first instance) so few.
Put yourself in the shoes of a member of Congress, including our two presidential candidates. The Treasury Secretary and Fed Chair have told you this is necessary to save the economy. If you don't agree, you risk a meltdown of the entire global financial system. Your own constituents' savings could go down with it. An election is six weeks away. Besides, in the last two days of trading, since rumors spread that the Treasury and the Fed were planning something of this sort, stock prices revived.
Now - quick -- what do you do? You have no choice but to say yes.
But you might also set some conditions on Wall Street.
The public doesn't like a blank check. They think this whole bailout idea is nuts. They see fat cats on Wall Street who have raked in zillions for years, now extorting in effect $2,000 to $5,000 from every American family to make up for their own nonfeasance, malfeasance, greed, and just plain stupidity. Wall Street's request for a blank check comes at the same time most of the public is worried about their jobs and declining wages, and having enough money to pay for gas and food and health insurance, meet their car payments and mortgage payments, and save for their retirement and childrens' college education. And so the public is asking: Why should Wall Street get bailed out by me when I'm getting screwed?
So if you are a member of Congress, you just might be in a position to demand from Wall Street certain conditions in return for the blank check.
My five nominees:
1. The government (i.e. taxpayers) gets an equity stake in every Wall Street financial company proportional to the amount of bad debt that company shoves onto the public. So when and if Wall Street shares rise, taxpayers are rewarded for accepting so much risk.
2. Wall Street executives and directors of Wall Street firms relinquish their current stock options and this year's other forms of compensation, and agree to future compensation linked to a rolling five-year average of firm profitability. Why should taxpayers feather their already amply-feathered nests?
3. All Wall Street executives immediately cease making campaign contributions to any candidate for public office in this election cycle or next, all Wall Street PACs be closed, and Wall Street lobbyists curtail their activities unless specifically asked for information by policymakers. Why should taxpayers finance Wall Street's outsized political power - especially when that power is being exercised to get favorable terms from taxpayers?
4. Wall Street firms agree to comply with new regulations over disclosure, capital requirements, conflicts of interest, and market manipulation. The regulations will emerge in ninety days from a bi-partisan working group, to be convened immediately. After all, inadequate regulation and lack of oversight got us into this mess.
5. Wall Street agrees to give bankruptcy judges the authority to modify the terms of primary mortgages, so homeowners have a fighting chance to keep their homes. Why should distressed homeowners lose their homes when Wall Streeters receive taxpayer money that helps them keep their fancy ones?
Wall Streeters may not like these conditions. Well, you should tell them that the public doesn't like the idea of bailing out Wall Street. So if Wall Street doesn't accept these conditions, it doesn't get the blank check.
Who would have thought that it would be the Republicans who brought socialism to America? Of course they are only offering to "socialize" the risk, the profits will still be privatized. What rock have all of the libertarians and free market advocates crawled under?
These are the freest, of free market institutions, which now asking for a government handout. I don't ever want to hear about "trusting the market"again, and don't even think about putting my social security in these folks hands.
----
No blank check for Wall Street.
Congress is on the brink of making a one-sided deal to give George W. Bush a blank check to bail
out his pals - offering nearly (or perhaps more than) a trillion taxpayer dollars to Wall Street to cover its bad debts. That works out to somewhere between $2000 and $5000 from every American family. So what do the taxpayers get in return?
Nothing. No new regulation or oversight to help avoid this kind of crisis in the future. No public interest givebacks to help people whose homes are in the hands of the banks. Perhaps most shockingly of all, the taxpayers get absolutely no share in the profits if and when these finance giants bounce back, even though we are now assuming a great deal of the risk.
This is worse than a bad deal - this isn't a deal at all. This is a blank check to some of the richest companies in the world.
I just signed a petition calling on key members of Congress to impose a few sensible conditions to this bailout in order to protect the American people -- I hope you will too.
Click here to take action.
Thanks!
Richard Salzman
--------
What Wall Street Should Do To Get Its Blank Check
By Robert Reich - September 21, 2008, 1:48PM
The frame has been set, the die cast. Treasury Secretary Hank Paulson, presumably representing the Bush administration but indirectly representing Wall Street, and Fed Chief Ben Bernanke, want a blank check from Congress for $700 billion or possibly a trillion dollars or more to take bad debt off Wall Street's balance sheets. Never before in the history of American capitalism has so much been asked of so many for (at least in the first instance) so few.
Put yourself in the shoes of a member of Congress, including our two presidential candidates. The Treasury Secretary and Fed Chair have told you this is necessary to save the economy. If you don't agree, you risk a meltdown of the entire global financial system. Your own constituents' savings could go down with it. An election is six weeks away. Besides, in the last two days of trading, since rumors spread that the Treasury and the Fed were planning something of this sort, stock prices revived.
Now - quick -- what do you do? You have no choice but to say yes.
But you might also set some conditions on Wall Street.
The public doesn't like a blank check. They think this whole bailout idea is nuts. They see fat cats on Wall Street who have raked in zillions for years, now extorting in effect $2,000 to $5,000 from every American family to make up for their own nonfeasance, malfeasance, greed, and just plain stupidity. Wall Street's request for a blank check comes at the same time most of the public is worried about their jobs and declining wages, and having enough money to pay for gas and food and health insurance, meet their car payments and mortgage payments, and save for their retirement and childrens' college education. And so the public is asking: Why should Wall Street get bailed out by me when I'm getting screwed?
So if you are a member of Congress, you just might be in a position to demand from Wall Street certain conditions in return for the blank check.
My five nominees:
1. The government (i.e. taxpayers) gets an equity stake in every Wall Street financial company proportional to the amount of bad debt that company shoves onto the public. So when and if Wall Street shares rise, taxpayers are rewarded for accepting so much risk.
2. Wall Street executives and directors of Wall Street firms relinquish their current stock options and this year's other forms of compensation, and agree to future compensation linked to a rolling five-year average of firm profitability. Why should taxpayers feather their already amply-feathered nests?
3. All Wall Street executives immediately cease making campaign contributions to any candidate for public office in this election cycle or next, all Wall Street PACs be closed, and Wall Street lobbyists curtail their activities unless specifically asked for information by policymakers. Why should taxpayers finance Wall Street's outsized political power - especially when that power is being exercised to get favorable terms from taxpayers?
4. Wall Street firms agree to comply with new regulations over disclosure, capital requirements, conflicts of interest, and market manipulation. The regulations will emerge in ninety days from a bi-partisan working group, to be convened immediately. After all, inadequate regulation and lack of oversight got us into this mess.
5. Wall Street agrees to give bankruptcy judges the authority to modify the terms of primary mortgages, so homeowners have a fighting chance to keep their homes. Why should distressed homeowners lose their homes when Wall Streeters receive taxpayer money that helps them keep their fancy ones?
Wall Streeters may not like these conditions. Well, you should tell them that the public doesn't like the idea of bailing out Wall Street. So if Wall Street doesn't accept these conditions, it doesn't get the blank check.
Charges dropped in St. Paul
Charges dropped, but the damage was done and the freedom of the press was stifled.
http://www.minnpost.com/politicalagenda/2008/09/19/3580/st_paul_dropping_all_misdemeanor_charges_for_journalists_arrested_during_rnc
St. Paul dropping all misdemeanor charges for journalists arrested during RNC
Charges will be dropped against journalists who were arrested and charged with misdemeanors for unlawful assembly during the Republican National Convention, St. Paul Mayor Chris Coleman said today.
Many reporters, photographers and bloggers were among the 818 people arrested during the Sept. 1-4 convention. Many were trapped on a bridge with protesters on the Thursday night, just before Sen. John McCain made his acceptance speech. Police had warned the large group to dissipate, then closed in from both sides of the bridge and made mass arrests.
The mayor's ruling applies only to journalists getting misdemeanors, but he said that, with the proliferation of alternatative media covering the convention, the definition of journalist will be broadly applied as they try to ascertain identities and credentials. City officials said they're not sure how many people this will affect. - Joe Kimball
Here's the mayor's announcemen
Mayor Coleman Announces Policy Not to Pursue Certain Misdemeanor Charges Against Journalists
SAINT PAUL - Mayor Chris Coleman announced today that the city will decline to prosecute misdemeanor charges for presence at an unlawful assembly for journalists arrested during the Republican National Convention. He made the announcement after consultation with the city attorney’s office, which recommended the city not pursue misdemeanor prosecution of these individuals.
“This decision reflects the values we have in Saint Paul to protect and promote our First Amendment rights to freedom of the press,” Mayor Coleman said. “A journalist plays a special role in our democracy and that role is just too important to ignore. At the scene, the police did their duty in protecting public safety. In this decision, we are serving the public’s interest to maintain the integrity of our democracy, system of justice and freedom of the press.”
The decision will only affect people identified as journalists who face the misdemeanor charge. Recognizing the growing media profession in print, broadcast and the Internet, the city attorney’s office will use a broad definition and verification to identify journalists who were caught up in mass arrests during the convention. It is not known how many cases this decision will affect.
http://www.minnpost.com/politicalagenda/2008/09/19/3580/st_paul_dropping_all_misdemeanor_charges_for_journalists_arrested_during_rnc
St. Paul dropping all misdemeanor charges for journalists arrested during RNC
Charges will be dropped against journalists who were arrested and charged with misdemeanors for unlawful assembly during the Republican National Convention, St. Paul Mayor Chris Coleman said today.
Many reporters, photographers and bloggers were among the 818 people arrested during the Sept. 1-4 convention. Many were trapped on a bridge with protesters on the Thursday night, just before Sen. John McCain made his acceptance speech. Police had warned the large group to dissipate, then closed in from both sides of the bridge and made mass arrests.
The mayor's ruling applies only to journalists getting misdemeanors, but he said that, with the proliferation of alternatative media covering the convention, the definition of journalist will be broadly applied as they try to ascertain identities and credentials. City officials said they're not sure how many people this will affect. - Joe Kimball
Here's the mayor's announcemen
Mayor Coleman Announces Policy Not to Pursue Certain Misdemeanor Charges Against Journalists
SAINT PAUL - Mayor Chris Coleman announced today that the city will decline to prosecute misdemeanor charges for presence at an unlawful assembly for journalists arrested during the Republican National Convention. He made the announcement after consultation with the city attorney’s office, which recommended the city not pursue misdemeanor prosecution of these individuals.
“This decision reflects the values we have in Saint Paul to protect and promote our First Amendment rights to freedom of the press,” Mayor Coleman said. “A journalist plays a special role in our democracy and that role is just too important to ignore. At the scene, the police did their duty in protecting public safety. In this decision, we are serving the public’s interest to maintain the integrity of our democracy, system of justice and freedom of the press.”
The decision will only affect people identified as journalists who face the misdemeanor charge. Recognizing the growing media profession in print, broadcast and the Internet, the city attorney’s office will use a broad definition and verification to identify journalists who were caught up in mass arrests during the convention. It is not known how many cases this decision will affect.
Monday, September 8, 2008
Help to free the press
From: "Josh Silver, FreePress.net"
- ;
Dear Richard,
We've delivered your message and St. Paul has heard us loud and clear. Keep the momentum going.
Tell Your Friends
On Friday, we delivered your letter to St. Paul authorities, telling them that we won't stand for the intimidation and harassment of journalists.
With many of the arrested journalists at our side we delivered more than 60,000 letters (collected in less than 48 hours) demanding that St. Paul authorities drop charges against all journalists arrested during last week’s Republican National Convention.
The charges have not been dropped yet, but we are going to keep the pressure on until they are. If you have not already, please send this email to your friends and ask them to help join our call.
In the meantime, here are videos of the event filmed by the citizen journalists at TheUptake.org:
Watch the press conference at City Hall:
http://free.convio.net/site/R?i=8YJ25Opy_2PM8jGY29b2rQ..
Watch the delivery of your letter to City Attorney John Choi:
http://free.convio.net/site/R?i=ecGWj6SAUuCvl9eCP8R-aw..
Watch Local TV Coverage of Our Event:
http://free.convio.net/site/R?i=VwHb9BljtBDe9Vy40Q6bSA..
"From the pre-convention raids to the ongoing harassment and arrests of journalists, these have been dark days for press freedom in the United States," said Nancy Doyle Brown of the Twin Cities Media Alliance, before she helped to deliver the Free Press letters.
"Tragically, there are stories that the world needed to hear this week that will never be told," Brown said. "They won't be told because reporters working on them were sitting in the back of squad cars, were stripped of their cameras, or were face down on the pavement with their hands cuffed behind their backs."
Many journalists still face charges. Free Press will not rest until these charges are dropped. You can help by sending more letters to St. Paul:
Tell a Friend to Take Action: http://free.convio.net/site/R?i=rr_xwkrDi7kpwexf9yBoFw
Friday's rally sent a powerful message in support of journalists and free speech and against press intimidation. You played a vital role in making this happen.
Thank you,
Josh Silver
Executive Director
Free Press
http://www.freepress.net/
P.S. A generous Free Press supporter has offered a $300,000 matching grant. Help us meet this ambitious goal! Your gift today will help Free Press continue to do our work.
Take action on this important campaign at:
http://free.convio.net/site/Advocacy?id=281
Tell your friends about this campaign at: http://free.convio.net/site/Ecard?ecard_id=1581
Note: Free Press is a national nonpartisan organization working to reform the media. Free Press does not endorse or oppose any candidate for public office.
OUR OTHER CAMPAIGNS:
Free Press is a national, nonpartisan organization working to reform the media. Learn more at www.freepress.net
Saturday, September 6, 2008
Freedom of the press no longer
This weeks episode of NOW on PBS (KEET ch 13) has a poignant interview with Amy Goodman, about St Paul Police's denying freedom of the press by arresting credentialed journalist and committing "preemptive arrests" against would be protesters.
This was the most striking 10 minutes of television of the entire week, if not my entire life.
The weeks schedule is at the bottom of this email.
--
http://www.pbs.org/now/shows/435/index.html#goodman
Amy Goodman on her Convention Arrest
David Brancaccio talks to award-winning radio and television host Amy Goodman. Goodman was arrested while questioning police about the detention of two of her show's producers during their coverage of street demonstrations at the Republican National Convention. Goodman has called the police presence "overly aggressive." Her arrest was caught on tape and circulated around the Internet.
Goodman shares her experience with NOW and talks about freedom of the press, the role of the police, and what happens when the two intersect.
These Related Links:
I-Witness Video: Protests in St. Paul:
http://iwitnessvideo.info/news/category/101.html
Los Angeles Times: Amy Goodman's Arrest:
http://latimesblogs.latimes.com/washington/2008/09/amy-goodman-arr.html
YouTube: Footage of Goodman's Arrest:
http://www.youtube.com/watch?v=oYjyvkR0bGQ
Democracy NOW:
http://www.democracynow.org/
---
Now's schedule for this week's show on KEET in Humboldt is below.
Find the schedule for your area here:
http://www.keet.org/schedules/index.php
Now on PBS
A report on the Republican National Convention
KEET - CHANNEL 13
Saturday, September 6, 9:00 PM
Sunday, September 7, 2:00 AM
Sunday, September 7, 4:30 AM
Sunday, September 7, 4:30 AM
Sunday, September 7, 3:30 PM
Sunday, September 7, 3:30 PM
Sunday, September 7, 5:00 PM
Sunday, September 7, 9:00 PM
Monday, September 8, 1:00 AM
-----
This was the most striking 10 minutes of television of the entire week, if not my entire life.
The weeks schedule is at the bottom of this email.
--
http://www.pbs.org/now/shows/435/index.html#goodman
Amy Goodman on her Convention Arrest
David Brancaccio talks to award-winning radio and television host Amy Goodman. Goodman was arrested while questioning police about the detention of two of her show's producers during their coverage of street demonstrations at the Republican National Convention. Goodman has called the police presence "overly aggressive." Her arrest was caught on tape and circulated around the Internet.
Goodman shares her experience with NOW and talks about freedom of the press, the role of the police, and what happens when the two intersect.
These Related Links:
I-Witness Video: Protests in St. Paul:
http://iwitnessvideo.info/news/category/101.html
Los Angeles Times: Amy Goodman's Arrest:
http://latimesblogs.latimes.com/washington/2008/09/amy-goodman-arr.html
YouTube: Footage of Goodman's Arrest:
http://www.youtube.com/watch?v=oYjyvkR0bGQ
Democracy NOW:
http://www.democracynow.org/
---
Now's schedule for this week's show on KEET in Humboldt is below.
Find the schedule for your area here:
http://www.keet.org/schedules/index.php
Now on PBS
A report on the Republican National Convention
KEET - CHANNEL 13
Saturday, September 6, 9:00 PM
Sunday, September 7, 2:00 AM
Sunday, September 7, 4:30 AM
Sunday, September 7, 4:30 AM
Sunday, September 7, 3:30 PM
Sunday, September 7, 3:30 PM
Sunday, September 7, 5:00 PM
Sunday, September 7, 9:00 PM
Monday, September 8, 1:00 AM
-----
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