It's time to bailout the American people !

[kentuck]

First of all, there should be a plan to bail out the healthcare of every American. No American should not be able to see a doctor if they are sick. No, I am not talking about the emergency room after it has deteriorated to critical status. I'm talking about seeing a doctor when the symptoms first appear.

Second of all, there should be a plan to restore the unemployment funds in every state budget when the recession gets worse and unemployment increases to a frightening level. We should not wait to hear that there are no funds to help these folks survive once they have lost their jobs.

There should be a plan to help Americans with their heating and fuel bills this winter. They should not have to take food off their tables just to pay their heating bills. Perhaps there could be a windfall profits tax on the oil companies? After all, if it is good enough for Alaska, why not the rest of us?

Also, there should be a plan to immediately raise the minimum wage to $8.50 an hour. Since there are no concerns about inflation with this huge Wall St bailout, there would be no credible argument against raising the minimum wage at this time. Corporations should be expected to raise wages across the board. If they don't, we will post their names and make them "famous", as John McCain has said on occasion.

Lastly, the Congress should appoint an Oversight Board to look over the shoulders of Henry Paulson and George W Bush on how this Wall St bailout is to be spent. Every single penny should be accounted for. No one is so naive to not know that when there is this much money involved, there will be people with intents not in the best interests of the people but mostly for their own personal gain. It is human nature.

[earth mom]

1. K & R even though I know it's NEVER gonna happen. The writing is on the wall with the bailout

we are now peons living in a 3rd world country. :cry:

[Eric J in MN]

2. There is an Oversight Board in the bailout bill. NT

NT

[HughBeaumont]

3. 1) Start taxing the wealthy.

It's obvious that pleasing only one group of society in the past 28 years has not led to hiring or financial solvency. Start making them pay and lock it up. No loopholes, no "outs", no profiteering, no legal theft of your companies, no tax breaks for expanding overseas, NONE of that shit. You enjoyed the fruits, now share in the costs. No one NEEDS to have a 500 million dollar net worth.

[kentuck]

5. I agree.

Its time we make demands for the American people for once.

[bigtree]

4. tax the oil companies

Details of Obama's Emergency Economic Plan are in this six-page policy paper: http://www.politico.com/static/PPM41_emergencyeconplan....

1. Forcing big oil companies to take a reasonable share of their record breaking windfall profits and use it to help struggling families with direct relief worth $500 for an individual and $1,000 for a married couple. The relief would be delivered as quickly as possible to help families cope with the rising price of gasoline, food and other necessities. The rebates would be fully paid for with five years of a windfall profits tax on record oil company profits. This relief would be a down payment on Obama’s long-term plan to provide middle-class families with at least $1000 per year in permanent tax relief.

2. $50 billion in immediate measures to turn our economy around and help prevent more than 1 million Americans from losing their jobs:

• $25 billion in a State Growth Fund to prevent state and local cuts in health, education and housing assistance or counterproductive increases in property taxes, tolls or fees. The fund will also ensure sufficient funding for home heating and weatherization assistance as we move into the fall and winter months.

• $25 billion in a Jobs and Growth Fund to replenish the highway trust fund; prevent cutbacks in road and bridge maintenance and fund new, fast-tracked projects to repair schools – all to save more than 1 million jobs in danger of being cut.


read the plan: http://www.politico.com/static/PPM41_emergencyeconplan.html

[elocs]

6. Concerning the bailout, this is what I heard Obama say at his rally in La Crosse on Wednesday:

http://my.barackobama.com/page/community/post/amandascott/gGxjYr

From the moment I take office, my top priority will be to do everything I can to make sure that your tax dollars are protected. I will demand a full review of this financial rescue plan to make sure that it is working for you. If you – the American taxpayer – are not getting your money back, then we will change how this program is being managed. If need be, we will send new legislation to Congress to make sure that taxpayers are protected in line with the principles that I have put forward. You should expect nothing less from Washington.

If we do have losses, I’ve proposed a Financial Stability Fee on the financial services industry so Wall Street foots the bill – not the American taxpayer. And as I modernize the financial system to create new rules of the road to prevent another crisis, we will continue this fee to build up a reserve so that if this happens again, it will be the money contributed by banks that’s put at risk.

This will only work if there is real enforcement and real accountability. And that starts with presidential leadership. So let me be very clear: when I am President, financial institutions will do their part and pay their share, and American taxpayers will never again have to put their money on the line to pay for the greed and irresponsibility of Wall Street. That’s a pledge that I’ll make to you today, and it’s one that I’ll keep as President of the United States.

We need to elect Obama because there will be no hope with a McCain administration.