Monday, September 22, 2008


I really feel we are in good hands with Paulson. I know this sounds like an about-face from yesterday, when I was outraged about the Section 8 clause in the bailout bill, but now I've researched everything there is to know about Paulson and I absolutely believe that he has our best interests at heart. He is a Rockefeller Republican, not a neocon and there are other reasons I feel he will be a good steward of our money. I also believe he will not leave foreclosed upon homeowners out in the cold. Before this crisis, he helped to create the Hope Now Alliance to help struggling homeowners during the subprime mortgage financial crisis.*

Notable among the members of Bush's cabinet, Paulson has said he is a strong believer in the effect of human activity on global warming and advocates immediate action to decrease this effect.*

As an environmental leader and philanthropist, Paulson while at Goldman Sachs, oversaw the corporate donation of 680,000 forested acres on the Chilean side of Tierra del Fuego, which led to criticisms from Goldman shareholder groups. He further donated US$100 million of assets from his wealth to conservancy causes. He pledged his entire fortune for the same purpose at death. He has also been considered someone who can influence world and business leaders to think beyond the bottom line. * From Wikipedia

Democrats Work With Paulson on Rescue; Some Republicans Object
By James Rowley and Alison Vekshin

Sept. 23 (Bloomberg) -- Members of President George W. Bush's own party are voicing their opposition to his financial rescue plan even as Democratic leaders narrow their differences with the administration.

Congressional leaders said the $700 billion measure is needed to calm market turmoil and they hope to complete talks and pass the measure as soon as this week. Treasury Secretary Henry Paulson agreed with Democratic demands that Congress can create an oversight structure, House Financial Services Committee Chairman Barney Frank said.

"Let us insist on raising funds of love, of kindness, of understanding, of peace. Money will come if we seek first the kingdom of God (which is within us)" - Mother Teresa

"We are talking very aggressively with other countries" … the US Treasury Secretary, Henry Paulson, on the American ABC's This Week program. Photo: AFP

GOP takes brunt of blame on economy, poll says
By nearly a two-to-one ratio, Americans blame Republicans over Democrats for the financial crisis that has swept across the country the past few weeks, a new national poll suggests.

Here is Section 8 of the new "700 billion dollar Republican bailout bill," which virtually rewards the crooks for taking our money, and takes money away from the American whose home was foreclosed on — with no room to negotiate! This should stop your heart:
Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

READ SECTION 8 AGAIN. Why is this bill non-reviewable? Certain people are saying that whoever wrote this clause should have his citizenship revoked. This is positively un-American. Think about it and post your answers here in the comment section.

“What lies behind us and what lies before us are tiny matters compared to what lies within us.” - Ralph Waldo Emerson

GOOD NEWS: Compostable, Biodegradable PLASTIC CUPS MADE OF CORN!
I invite readers to please leave comments on any silver linings you see in our money crisis, the 700 billion dollar bailout being proposed by Paulson, and how we can fix our economy.I see it already happening. Yesterday my son bought a strawberry smoothie from Urth Cafe. It came in a cup that was made entirely from a natural renewable material derived from corn! And it looks and feels just like plastic. It is 100% compostable. I have long thought we should invent "plastic" bottles made of celery fiber. I think innovation and spiritual progressive thought is going to triumph over the dark forces of greed, fossil fuel drilling and regressive thought. This election should be a landslide...

U.S. House Judiciary Chair Announces Hearings, Requests DoJ Investigation Into Recent Reports of GOP 'Vote Caging' Schemes...

The U.S. House Judiciary chairman has sent a letter to John McCain demanding he immediately cease recent voter suppression efforts such as the reported GOP scheme to use home foreclosure lists to challenge voters in Michigan, and apparent "caging" letters akin to those sent to Democratic voters in Florida. He has also called on AG Mukasey to begin an investigation into these activities and has announced hearings on the matters in a statement released today...

“Enthusiasm is that secret and harmonious spirit which hovers over the production of genius.”
Isaac Disraeli
EVEN MORE GOOD NEWS: Greener, Cleaner Crude Oil From Algae

A New Zealand company says it has produced the first samples of green crude oil at a commercially competitive price, made from wild algae grown on human sewage. The biodiesel is extracted from the algae's natural oils and produces 90 percent less emissions than regular diesel.

Focus on the good, and the good will be your reality. The more you fill your heart with love, the more love surrounds you, as a coat of armor. You will become invincible.