[Anyone] reaganomics fails

[totem at laplaza.org]

When thinking people heard about reaganomics we realized that the following would be the outcome:
Stop Paulson's Plunder

George Bush wants taxpayers to give Treasury Secretary Henry Paulson a $700
billion blank check - $2,333 for every man, woman, and child -to bail out Wall
Street for its reckless speculation and greed. That's on top of $1.1 trillion
for other recent bailouts, including A.I.G., Fannie Mae, Freddie Mac, and Bear
Stearns.  

The Paulson Plan is a total outrage with no restrictions, no accountability, and
no repair of the underlying problem of foreclosures on fraudulent mortgages.
Each of Bush's previous bailouts was sold as a cure for the financial crisis,
but each had little effect. The Paulson Plan achieves only one goal with
certainty: stealing from the middle class to protect the rich. 

The current financial crisis is the direct result of 28 years of rightwing
Republican deregulation, corruption, and greed, which became fatally toxic under
Bush-Cheney and the Republican Congress. 

Congress must reject Paulson's Plunder and enact a plan with these progressive
principles from the Backbone Campaign: 

* The people who caused the problem or profited most should pay for it 
* Re-regulate to prevent this from happening again 
* Include Main Street in the bailout and invest in a new productive economy 

Reaganomics finally guts the economy leaving the offal for the taxpayers to clean up.
Thanks you neo-conservatives.