Positions and Views of Lih Young
on Financial Crisis
| Previous Candidate for U.S. Senate, Maryland |
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| Financial Crisis |
Positions and Views |
| $700 Billion Troubled Asset Relief Bailout |
Regarding $700 billion Wall Street Bailout that Congress just approved: OPPOSE STRONGLY $700 billion Wall Street Bailout. It was absurdly proposed by the White House President George Bush with false excuses to help the people, and then passed by the Congress in emergency manner by adding more billion with further false excuses to help the main street. Basically, it was processed in such a speedy and improper manner, as often done by conspiracies among White House, Congress, Wall Street corporations, legal occupations, officials and related "official misconduct- government gang- fraud- crime- injustice networks" operation, unjust influences, manipulation and practices. It is not based on the essence of "capitalism", fairness, good principle, concepts, merits, justification, priorities, social needs, cost-benefit and budget constraints, etc. There is really no discussion, debate, examination or investigation about the problems, the justification of the bailout, the magnitude of the bailout, and other consideration, e.g., other projects or social programs which have been ignored. Such appropriation are basically siphon public resources to benefit a few, and worse to facilitate their "fraud- crime- injustice" operation; which are continuing, on-going, penetrating to every segment of our lives (local- federal-global, including civic non-profit organizations), and expanding here to overseas; with threat, coercion, and endless unlawful, immoral and unethical acts; destroy individuals, families, communities, justice, peace, democracy and whole society; cause serious socio-political-election-media-budget problems, society in vicious cycles; civil/human rights backwards, people-slave.
Source: Lih Young (11/03/2008) |
| These are available issue topics for which there were no responses. |
| Financial Crisis, a General Statement |
| Bailout of Banks and Financial Corporations |
| Bail Outs of General Motors and Chrysler |
| Fannie Mae and Freddie Mac |
| Consumer Financial Protection Bureau |
| Financial Industry Regulation |
| Prosecution of Financial Fraud |
| Banks |
| Investment Banking |
| High-Frequency Trading |
| Hedge Funds & Private Equity Firms |
| Financial Meltdown |
| America's Brand of Capitalism |