Tuesday, September 30, 2008

Bail Out Defeated, But The Monster Is Still Alive!!!

The bail out was defeated but the monster of capitalism is still alive and ready to make a comeback using our money.
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This is why we need an alternative to this barbaric system which is only set up to create enormous profits for the few and misery for the many.
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I am posting links to todays "Democracy Now" Program, which has a typical capitalist class response and a debate between a member of the capitalist class and a usual liberal, who has a typical liberal proposal which does very little to really change the system, (although I agree with him that this bill should be killed, as well as any other type of bailout of this type, and I agree that the real bail out should go to home owners, as well as other workers who are stuck with enormous amounts of debt, with usury interest rates). These types of proposals are only a beginning, and what we really need are revolutionary reforms, which bring us closer to a real democratic socialism, which meets the needs of the working class, and not the need of profit making for those in the ruling class.
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Pelosi's speech is also an example of the liberal doublespeak which masquerades as the alternative choice we are offered by the capitalist class
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These types of responses are further evidence of why we need real alternatives to the two sides of the ruling class party.

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Todays Headlines
Video
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“Bridge Loan to Nowhere”: Public Outcry Forces House to Reject $700 Billion Bailout of Financial Industry; Dow Falls Record 777 Points
Video
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I will also try to update the archives for Socialist Alternative Radio on my GCast when I get the time, since the Archives for WMFO radio are not working.
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