It was a lousy plan, the only thing to commend it being the fact that all the alternatives were worse.

The Bush plan is economic treason against the American worker. That "civil rights leaders" are silent about the dispossession of the black working class, that unions are not marching to denounce this sellout of blue-collar and white-collar America, only tells us that the amorality of the transnational corporation has infected both. Solidarity be damned, it is all about money now.

Democrats’ plan to destroy private investment in order to finance a yet-to-be-written social spending bill is dangerous. Their proposal promotes even more short-term thinking by punishing anyone who makes long-term investments in our economy. That isn’t how we compete with China

The meltdown of 2008 was a wasted crisis... because the homeowners were not bailed out. The financial sector was bailed out, the banks... the bankers... but... 8 million homeowners were thrown out of their homes.

It is a bad plan that admits of no modification.

It [Theresa May's Chequers plan] is a humiliation. We look like a seven-stone weakling being comically bent out of shape by a 500lb gorilla.

Last October, Congress passed the , putting $700 billion into the hands of the Treasury Department to bail out the nation’s banks at a moment of vanishing credit and peak financial panic. Over the next three months, Treasury poured nearly $239 billion into 296 of the nation’s 8,000 banks. The money went to big banks. It went to small banks. It went to banks that desperately wanted the money. It went to banks that didn’t want the money at all but had been ordered by Treasury to take it anyway. It went to banks that were quite happy to accept the windfall, and used the money simply to buy other banks. Some banks received as much as $45 billion, others as little as $1.5 million. Sixty-seven percent went to eight institutions; 33 percent went to the rest. And that was just the money that went to banks. Tens of billions more went to other companies...
But once the money left the building, the government lost all track of it. The Treasury Department knew where it had sent the money, but nothing about what was done with it. Did the money aid the recovery? Was it spent for the purposes Congress intended? Did it save banks from collapse? Paulson’s Treasury Department had no idea, and didn’t seem to care. It never required the banks to explain what they did with this unprecedented infusion of capital.

Last October, Congress passed the , putting $700 billion into the hands of the Treasury Department to bail out the nation’s banks at a moment of vanishing credit and peak financial panic. Over the next three months, Treasury poured nearly $239 billion into 296 of the nation’s 8,000 banks. The money went to big banks. It went to small banks. It went to banks that desperately wanted the money. It went to banks that didn’t want the money at all but had been ordered by Treasury to take it anyway. It went to banks that were quite happy to accept the windfall, and used the money simply to buy other banks. Some banks received as much as $45 billion, others as little as $1.5 million. Sixty-seven percent went to eight institutions; 33 percent went to the rest. And that was just the money that went to banks. Tens of billions more went to other companies...
But once the money left the building, the government lost all track of it. The Treasury Department knew where it had sent the money, but nothing about what was done with it. Did the money aid the recovery? Was it spent for the purposes Congress intended? Did it save banks from collapse? Paulson’s Treasury Department had no idea, and didn’t seem to care. It never required the banks to explain what they did with this unprecedented infusion of capital.

The creation of a legal eligibility allowing the grant of an amnesty for treason is abhorrent and unacceptable. The Bill was supposed to be a search for the truth behind the tragedy of 2000, but the Bill never once mentions the word "truth".

I want to be real clear about one thing: America will suffer a debilitating insolvency if we continue on this path….We have been warned, but there are too many Congressmen and Senators who either lack the economic understanding or the political backbone to do what it takes to put the nation back on a sound financial footing….Washington’s reckless spending habits have us on a path to destroy what took two centuries of sacrifice to build.

I'm sorry, but I just can't stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.

It’s mid-October, and the Wall Street bailout that was supposed to save the economy from collapse is a flop... Senate passage came on Thursday, Oct. 2...President Bush signed the $700 billion Wall Street bailout into law... Despite all the media hype about how the bailout measure would quickly steady the stock market, it fell and kept falling... the Dow made history as stocks plunged by 18 percent in five trading days. And what about the ostensible main reason for the humongous bailout... unfreezing the credit markets? Well, in spite of the enormous media outcry..., it didn’t. And the key economic factor in the recession — housing — remained just as stuck as before. As the Institute for Policy Studies pointed out on Oct. 1, “A real ‘bailout’ would target the troubled households of working American families. A $200 billion ‘Main Street Stimulus Package’ could bolster the real economy and those left vulnerable by the subprime mortgage meltdown.” Components of such a stimulus package could include “a $130 billion annual investment in renewable energy to stimulate good jobs anchored in local economies and reduce our dependency on oil” — and “a $50 billion outlay to help keep people in foreclosed homes through refinancing...” — and “a $20 billion aid package to states to address the squeeze on state and local government services that declining tax revenues are now forcing.” But that kind of discourse for grassroots economic stimulus hasn’t gotten into the media storyline...

It is an incredibly bad Bill. It is really an incredible Bill at all for the Labour Government to have introduced. It contains, in my judgment, the worst features of Socialism and individualism without the redeeming features of either. It is State interference without State protection. It has all the greed of individualism without any of the stimulus of competition... The Bill is a complete surrender to one interest—a complete surrender—without regard to the general interest of the community.

The utter collapse of this Profoundly criminal Bush conspiracy will come none too soon for people like me... The massive plundering of the U.S. Treasury and all its resources has been almost on a scale that is criminally insane, and has literally destroyed the lives of millions of American people and American families. Exactly. You and me, sport — we are the ones who are going to suffer, and suffer massively. This is going to be just like the Book of Revelation said it was going to be — the end of the world as we knew it.