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The Bush administration's proposal to bail out some of Wall Street's biggest players with an unprecedented transfer of public wealth to the private sector sent shock-waves throughout the nation. Already deep in deficit, the administration wants to borrow $700 billion dollars -- in addition to the $900 billion already spent this year to prop up troubled lending institutions and deal with the fall-out from the housing crisis -- and entrust it to Treasury Secretary Henry Paulson, fresh from a long run on Wall Street himself. He'd then buy up worthless paper from struggling banks. Who would get the money? Nobody knows. Paulson says he wants to hire Wall Street firms to oversee the process. Under Bush's plan, the taxpayer would get little, if anything, in return. The whole thing would happen without Congressional oversight, save for a semi-annual report on the process, and Paulson's actions would be beyond challenge in the courts. It is an economic coup d'etat in the making. And people are talking about little else. Here's 10 things that have been on our radars ... there's this now Demand that the Bailout Legislation Be Rejected We are witnessing a bankers' coup d'etat. In the name of saving the economy from a crisis created by their own greed and immense profits, Bush and the biggest bankers have taken a country and a people hostage. "Give us your money and tear up what's left of your Constitution or we will sink your economy," is the message from Wall Street and the Bush Administration. "Give us the power and money we demand or you will be left jobless from a new economic depression." Under the pretext of the banking crisis, the Bush Administration is changing the way this country operates. This is not simply taking trillions of dollars from the people and giving it to the richest bankers to do with as they see fit. Click here to send your letter to Congress: http://www.impeachbush.org/site/R?i=sjPOnjcYiWQh-ruFgNa6FQ.. Congress is poised to vote to give the Executive Branch of government, and specifically the White House's political appointees in the Treasury Department, the absolute right to take our money and give it to domestic and foreign banks and corporations without any oversight of elected officials, from the courts, or from the people. The new legislation states: "Decisions by the Secretary [of the Treasury] 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." The Legislation allows the Treasury Department to appoint the same bankers who created the crisis to administer and dictate the use of trillions of our tax dollars. We will not stand by and let the Bush Administration formalize its vision of a "government of, by and for the richest bankers." The new system institutionalizes theft on a grand scale. Lehman Brothers bankers will receive $2.5 billion in bonuses after their company went bankrupt last week, but the new dictatorial authority under the White House and Treasury Department has ruled out any relief for the millions of working families who are being foreclosed. We live in a $15 trillion annual economy. Instead of taking our tax dollars and giving it to the already rich and powerful, these funds should be used provide to decent paying jobs, affordable housing, health care and a good education for our children. There is another way! Now is the time to hear the voice of the people. A spineless Congress authorized Bush's illegal war in Iraq and rubber-stamped the Patriot Act. Now they are being herded like sheep again to give the White House and Wall Street dictatorial control over the people's money. [rant]this is some bullfuckinshit Again Bush admin is wipin its ass with the constitution No bail outs w/o some kind of fuckin accountability. Feds just printin more money. Rescue the insurance company, hmm.. not for you or me with our trivial investements, its for asshats like Larry Silverstien who profited from the towers. Where's all the money right? Its in the hands of a few and they're mismanaging it, us, the planet cuz of greed. College puts most ppl in debt and if you can get clear of that you might be able to get in even bigger debt for a house. Either way the minute you cut the apron strings you owe owe owe. this is bullshit we should just let the stock market crash, let the rich take one to the nuts. All us poor ppl alrady know how to deal w it cuz we pump our own gas. we'll be fine, we'll bounce back. I'm in favor of some riots and revloution in the streets. [/rant]