In the past few weeks, all the talk of the Wall Street bailou--ahem: Rescue Plan--had me wondering where people might be going on the web in order to follow the issue. While there would potentially be a flurry of activity to various banks for statements about the crisis, I was curious about any sort of sites that might have been pro- or anti-bailout. Then I saw this article in the San Francisco Chronicle.
You might say there were some folks who visited No Wall Street Bailout and Stop the Housing Bailout during the time when the bills were under consideration. So many that they shot up into short periods of ranking in the top sixty thousand or even near the top twenty thousand sites worldwide.
As an aside, I'd like to share a resource I found helpful when trying to wrap my brain around the bailout and preceding mortgage crisis. National Public Radio's This American Life ran a story in May called "The Giant Pool of Money." It explains the fairly complicated matters in plain language, and was so helpful to so many as to have been the focus of an article in The New York Times. Among the careful walk-through of the crisis with financial experts, the program has interviews with some of the people who were raking in money hand over fist by pushing bad dangerous mortgages on Americans. The program just aired a follow-up that's similarly lucid, only this one's on the bailout: "Another Frightening Show About the Economy."
Have you found resources online or offline that were helpful as you attempted to understand the recent economic stories? Feel free to enlighten us in the comments.
3 comments:
There are many articles about the mental and emotional toll of this financial crisis and the overall downturn in the economy. There are also a noticeable increase in suicides, for example. It is quite tragic when people lose their ability to cope rationally. As a a psychologist in Palm Beach, Florida who works by phone and in the office I've noticed more calls from people stressed about the economy and in need of relaxation and stress management. At www.JohnFMurray.com I'm now even offering a special rate for those who call my office for the purpose of dealing better with the financial stress! John F Murray in Palm Beach, Florida on another email system :-)
If we Keep on "bailing out" america, our dollar is going to be worth about as much as the paper printed on a www.fakepaycheckstubs.com
I spent years of my life working on monetary reform, then more years of my life investigating the truth about 9/11 and organizing a citizen's inquiry, films, events, rallies, marches. In September, after organizing the 4th Annual 9/11 Film Festival, I redirected my attention towards the financial crisis (I also am a Congressional candidate and was hosting a weekly radio show- my upcoming topic was "Rethinking Money" with the author of Life, Money and Illusion- Mike Nickerson.) I was amazed at what I was able to find on the bailout and the players involved on the internet. I wrote a 26 page paper in 3 days entitled "Evolution of the Apocalypse- Empire's Demise- Human Renaissance"... I also included a 30 second synopsis into a TV Ad comparing 9/11 to the financial crisis. Here's the text:
On 9/11, three skyscrapers were felled by two planes, World Trade Center 7, the Patriot Act, the financial crash, the bailout, all share characteristics of controlled demolitions, criminal fraud, and treason. We the people, need the courage to seek and speak the truth. We need to investigate the big lies. We need to arrest, impeach the terrorists. We need to defend our Constitution, our rights, our lives. I am Carol Brouillet, Green Party Candidate for Congress and I approve this message. Vote Green for truth, peace and justice.
When you study both events- those most responsible for the "disasters" were promoted, rewarded, got more money and power- when they should have gone to jail.
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