Pitchforks Optional April 11, 2009 Nationwide Protest of Banksters Bailouts - A New Way Forward

[omega minimo]

http://www.anewwayforward.org/demonstrations/

12 million unemployed. Foreclosures up 81%. Wall Street has taken over. We must break up the banks and never again let them get so big that they distort our politics and take down the economy

To stop the banks, Americans are planning forceful, creative actions all over the country for April 11 at 2ET/11PT (unless otherwise noted). We'll make our voices resound in those closed-door meetings with the bankers. Spread the word. Actions are announced in: http://anewwayforward.org/demonstrations/rally-list.php


Our plan: Real structural change of Wall Street

DECENTRALIZE: Any bank that's "too big to fail" means that it's too big for a free market to function. The financial corporations that caused this mess must be broken up and sold back to the private market with strong, new regulatory and antitrust rules in place -- new banks, managed by new people. An independent regulatory body must protect consumers from predatory practices.

As Wall St. corporations grew bigger and bigger until they were “too big to fail,” they also became so politically powerful that they led to distorted and unfair policies that served companies, not citizens.

Its not enough to try to patch up the current system. We demand serious reform that fixes the root problems in our political and economic system: excessive influence of banks, dangerous compensation systems, and massive consolidation. And we demand that the reform happen in an open and transparent manner.

Read more about what we want and can achieve and see our blog for more related information.

Also, see these three great economic interviews that can get you up to speed from Bill Moyers (extremely interesting): Simon Johnson on the financial oligarchy, 2/13; William Greider on restructuring and ANWF rallies, 3/26; and William Black on financial fraud, 4/2.


Albuquerque, NM

Anchorage, AK

Augusta, ME

Austin, TX

Boston

Baton Rouge, LA

Charleston, SC

Chicago, IL

Columbus, OH

Dallas, TX

Detroit, MI

Denver, IA

Eureka, CA

Fayetteville, AR

Gainesville, FL

Hartford, CT

Iowa City, IA

Los Angeles, CA

New York City

North Bergen, NJ

Oklahoma City, OK

Philadelphia, PA

Phoenix, AZ

Pittsburgh, PA

Portland, OR

Providence, RI

Raleigh, NC

San Diego, CA

San Francisco, CA

Seattle, WA

St. Louis, MO

St. Paul, MN

Victoria, BC, Canada

[firedupdem]

1. Is this any different from the tea baggers? n/t

[omega minimo]

2. if you have to ask, read this

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=8329313&mesg_id=8329313

[firedupdem]

3. Well, my husband still has a job because his company was able

to access funds for payroll and to pay off their suppliers. So yeah, I have to ask exactly what these people are protesting. Why didn't they protest Bush and Paulson? The whole crash began on their watch.

[omega minimo]

5. Have you watched the last few Moyers Journals? This is response to current crisis, imminent threat

[firedupdem]

6. If they can spot this imminent threat, where were the protests

prior to the crisis? President Obama is doing what he feels is necessary to stop the current crisis. I'm going to support him. Nobody has the perfect answer. I'll support the guy in the thick of it right now. Thanks for the info.

[omega minimo]

9. See the Moyers/Greider interview to understand how this SUPPORTS the president & protects the people

Moyers Journal on PBS, youtube, numerous recent DU threads.

Also, see these three great economic interviews that can get you up to speed from Bill Moyers (extremely interesting): Simon Johnson on the financial oligarchy, 2/13; William Greider on restructuring and ANWF rallies, 3/26; and William Black on financial fraud, 4/2.

[girl gone mad]

19. So your husband got his piece of the pie..

everything's okay, screw the rest of us?

Some attitude.

[Abq_Sarah]

21. So you'd rather

He'd lost his job along with every other employee of that company? Do you believe it's better that their suppliers didn't get paid so it just snowballed down hill like some anarchists wet dream? And I guess it's also okay if the feds don't get their taxpayments as well?

[girl gone mad]

22. Why would he lose his job?

Why would suppliers not get paid?

How does giving banks trillions to keep rich bondholders from having to suffer any losses help the real economy in any tangible way? There are no lending guarantees written into these bailouts. There are plenty of good banks that we could be funding to help businesses like the one in question, or we could loan directly.

It seems that you are connecting dots which don't need to be connected. We give lots of money to the banks in hope that they may lend a little bit of it back to us? Meanwhile, they are using it to pay off counterparties at face value, give themselves huge bonuses, acquire smaller banks and speculate some more on those toxic assets. It's a scam. Wake up, already.

[Abq_Sarah]

23. Well, you seemed to indicate

The loans to her husband's employer were tied to the bail out when you made that comment about her husband "getting his piece of the pie". Without a certain amount of liquidity, the banks can't loan. That's just an economic truth. Bank failures tend to bring down other banks as well as we saw in the great depression. That's why the fed will go to great lengths to prevent runs.

[Hippo_Tron]

17. .

..

[FrenchieCat]

4. Shouldn't these folks been out protesting back in September?

I mean, most Democrats voted for the Bail outs, While Republicans did not.

How does promoting what will make look Republicans look right (when they were dead wrong)
help anyone here? :shrug:

[omega minimo]

7. That's rather convoluted logic, isn't it? This is response to threats Moyers et al R warning about

It's way beyond partisanship. If there is some sort of party humiliation game being played, maybe that's a ploy to keep citizens from protecting their democracy and lives while they still can.

Please look at all the recent Moyers Journal links if you have not.

[depakid]

16. There's a big difference between the two situations

The first actually was a crisis with a risk of worldwide and systemic failure- one that was made all that much worse because no one around the world had the slightest bit of confidence in the inept leadership of the United States.

At this point, things have leveled off a bit- there's been time to take measured action, and yet the growing perception is that corruption (if not Bush incopetence) and lack out accountability are still endemic.

Moreover, as Cenk noted in his response to Jeffrey Sachs' article- there an appearance of group think among the economic advisors- whih alomost never results in responsible or productive public policy.

[eridani]

25. We were. MoveOn sponsored a day of freeway overpass protests

I participated. Got a lot of supportive honks.

[Teaser]

8. will there be hotdogs and beer?

if they're free, I'm there.

what are we protesting again, though?

[omega minimo]

10. and plenty of plastic hoops to jump through, some may even be flaming!!

12 million unemployed. Foreclosures up 81%. Wall Street has taken over. We must break up the banks and never again let them get so big that they distort our politics and take down the economy

To stop the banks, Americans are planning forceful, creative actions all over the country for April 11 at 2ET/11PT (unless otherwise noted). We'll make our voices resound in those closed-door meetings with the bankers. Spread the word. Actions are announced in: http://anewwayforward.org/demonstrations/rally-list.php

Our plan: Real structural change of Wall Street

DECENTRALIZE: Any bank that's "too big to fail" means that it's too big for a free market to function. The financial corporations that caused this mess must be broken up and sold back to the private market with strong, new regulatory and antitrust rules in place -- new banks, managed by new people. An independent regulatory body must protect consumers from predatory practices.

As Wall St. corporations grew bigger and bigger until they were “too big to fail,” they also became so politically powerful that they led to distorted and unfair policies that served companies, not citizens.

Its not enough to try to patch up the current system. We demand serious reform that fixes the root problems in our political and economic system: excessive influence of banks, dangerous compensation systems, and massive consolidation. And we demand that the reform happen in an open and transparent manner.

Read more about what we want and can achieve and see our blog for more related information.

Also, see these three great economic interviews that can get you up to speed from Bill Moyers (extremely interesting): Simon Johnson on the financial oligarchy, 2/13; William Greider on restructuring and ANWF rallies, 3/26; and William Black on financial fraud, 4/2.

[Teaser]

11. flaming plastic hoops. i am so there.

i will bring the whores.

[omega minimo]

12. sorry

it's an asshole free zone

[Phx_Dem]

13. Do you want some wet teabags to hang on your face?

I think you're a day late and a dollar short, the bailouts have already happened. The horse of already out of the barn, but go ahead and close the barn door if it makes you feel better! LOL

[omega minimo]

14. forget bailouts, you can't possibly be that misinformed about the issues, unless willfully ignorant

enjoy your oblivion :thumbsdown:


NOTE TO SELF: make sure not to use ANY WORD that smugnuts can use to miss the point on purpose.

[girl gone mad]

20. Bailouts have not already happened.

There is still time to stop the dangerous PPIP plan.

[Phx_Dem]

26. Just because some think it's dangerous, doesn't

make it so. There are plenty of economists to feel the opposite. I have no desire to stop the PPIP plan. It's much better than nationalizing all the banks, as Krugman is clammoring for.

[omega minimo]

30. Just because some oversimplify and ignore the threats, doesn't make them go away

[Egnever]

36. blah blah blah

yes he did no he didn't. Whine whine whine.

This board is becoming an embarrassment.

[omega minimo]

37. certainly an "embarrassment" if all you have is crap comments.

[KoKo]

15. K&R....Let's Keep at THIS!

[Better Believe It]

18. K & R

[PBS Poll-435]

24. Is this a tea-bag kind of thing?

:shrug:

[omega minimo]

29. If people are worried about teabags, they could wear coffee filters as hats, call it Trickle Down

Economics :hi:

[PBS Poll-435]

31. I just wished more folks knew the truth regarding "bankster bailouts"

Sadly, they don't.

[omega minimo]

32. There were so many threads recently I haven't reposted all the links.

Also found at least one poster reacting to the word "bailouts" in the headline as an excuse to DISMISS the whole matter :crazy:

[PBS Poll-435]

34. I sure hope it wasn't me!

:crazy:

[Egnever]

27. More idiocy from the easily outraged sheeple.

[biopowertoday]

28. The idiocy comes from Democrats without morals or a

conscience. those who just just sit and put their heads in the sand.

[Egnever]

35. you sure its not the people who havent a clue what they are talking about

yet buy into every single media induced outrage? Cause it looks to me like we have heard outrage after outrage here yet the world still turns the economy is showing signs of picking up gay marriage is coming closer to becoming a reality we are back to embracing science instead of rejecting it and there are the begining of health care reform along with a host of other great developmentsw since obama took office and yet to hear it from the likes of the OP its doom and gloom for all and Obama is the a stealth republican.

Well thats bullshit and you know it.

[omega minimo]

38. well you didn't understand the OP or the issues but that post was almost coherent. TY

[Better Believe It]

39. Right. We are in the middle of an economic boom and everything is just fine

I think I'll move to Detroit where the living is easy.

Thanks for the information.

May I join you in fantasyland?

[omega minimo]

33. Thank you Paul Revere for all your hard work.

[Overseas]

40. Corporate propaganda is very sophisticated -- Faux News' Teabag Campaign

I just realized that another powerful result of the stupid teabag campaign was to de-legitimize other protests about economic injustice. The turnout was low at the April 11th protest here and I think it was because people didn't want to be associated with the tea-baggers.

And today I realize that part of the strategy behind Faux News' tea bag protesting was to make all demonstrations about economic policies seem equally foolish.

The tea baggers are protesting against raising taxes on the TOP 5% -- even though only the Faux News anchors encouraging them would have their taxes restored to the Clinton era levels. Most of the actual protesters pitching those teabags seem like part of the 95% of us that will get tax cuts.

The New Way Forward group asks that public needs be funded and calls for serious restructuring of the finance sector.

But with all the publicity for the Faux Tea Baggers, a lot of people didn't want to be associated with their craziness, so they avoided the demonstration completely.

Therefore, Faux News has been quite foxy in pushing their campaign. It has stifled genuine protests calling for economic justice, by instigating and publicizing the silly teabag dumping protests to defend lower taxes for the super-rich.

[Name removed]

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