The Mudcat Café TM
Thread #114861   Message #2454461
Posted By: CarolC
01-Oct-08 - 12:57 AM
Thread Name: BS: Kucinich on the Bailout - interesting!
Subject: RE: BS: Kucinich on the Bailout - interesting!
Several other options are mentioned in this...

http://www.msnbc.msn.com/id/21134540/vp/26964090#26964090

He talks about ways Wall Street can be made to bail itself out. He also talks about other remedies here...

http://www.democracynow.org/2008/9/29/is_this_the_united_states_congress

There are a few solutions that Kucinich alone talks about. One is a stock transfer tax, another is cancellation of dividends. He talks about providing assistance to people who are struggling to pay their mortgages as a way of shoring up the market, since it's people not being able to pay their mortgages that is causing the problem. He talks about shoring up the economy by putting taxpayer funds into repairing and rebuilding our infrastructure. There's a lot of ways to fix the problem that don't involve using tax payer money to reward Wall Street for bad behavior.