SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
An Appropriately Populist Anti-Bailout Rant
Sep 29, 2008
Ohio Congressman Dennis Kucinich responded Sunday appropriately, when
House and Senate leaders announced early a bipartisan agreement for
a variation on Treasury Secretary Henry Paulson's $700 billion
(plus-plus-plus) bailout plan Wall Street.
Kucinich wasn't buying into the idea that everyone in Congress would
climb on board for the bailout. "If the votes were there, this would be
on the floor. The votes aren't there," Kucinich said Sunday.
Clearly, the congressman was not on board.
On the floor of House Sunday, Kucinich declared that:
Kucinich: Bailout 'Driven by Fear Not Fact'Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards 'casino socialism, ...
That Kucinich is spot-on comes as no great surprise.
When he bid for the Democratic presidential nomination this year, he
spoke more consistently and more bluntly about the economic crisis than
any of the other contenders.
Kucinich was not treated particularly seriously the media or his fellow Democratic candidates.
Now that Kucinich has been proven right, however, Barack Obama might
want to pay attention to what the former mayor, state legislator and
veteran congressman is saying.
He actually gets it.
Why Your Ongoing Support Is Essential
Donald Trump’s attacks on democracy, justice, and a free press are escalating — putting everything we stand for at risk. We believe a better world is possible, but we can’t get there without your support. Common Dreams stands apart. We answer only to you — our readers, activists, and changemakers — not to billionaires or corporations. Our independence allows us to cover the vital stories that others won’t, spotlighting movements for peace, equality, and human rights. Right now, our work faces unprecedented challenges. Misinformation is spreading, journalists are under attack, and financial pressures are mounting. As a reader-supported, nonprofit newsroom, your support is crucial to keep this journalism alive. Whatever you can give — $10, $25, or $100 — helps us stay strong and responsive when the world needs us most. Together, we’ll continue to build the independent, courageous journalism our movement relies on. Thank you for being part of this community. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
John Nichols
John Nichols is Washington correspondent for The Nation and associate editor of The Capital Times in Madison, Wisconsin. His books co-authored with Robert W. McChesney are: "Dollarocracy: How the Money and Media Election Complex is Destroying America" (2014), "The Death and Life of American Journalism: The Media Revolution that Will Begin the World Again" (2011), and "Tragedy & Farce: How the American Media Sell Wars, Spin Elections, and Destroy Democracy" (2006). Nichols' other books include: "The "S" Word: A Short History of an American Tradition...Socialism" (2015), "Dick: The Man Who is President (2004) and "The Genius of Impeachment: The Founders' Cure for Royalism" (2006).
Ohio Congressman Dennis Kucinich responded Sunday appropriately, when
House and Senate leaders announced early a bipartisan agreement for
a variation on Treasury Secretary Henry Paulson's $700 billion
(plus-plus-plus) bailout plan Wall Street.
Kucinich wasn't buying into the idea that everyone in Congress would
climb on board for the bailout. "If the votes were there, this would be
on the floor. The votes aren't there," Kucinich said Sunday.
Clearly, the congressman was not on board.
On the floor of House Sunday, Kucinich declared that:
Kucinich: Bailout 'Driven by Fear Not Fact'Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards 'casino socialism, ...
That Kucinich is spot-on comes as no great surprise.
When he bid for the Democratic presidential nomination this year, he
spoke more consistently and more bluntly about the economic crisis than
any of the other contenders.
Kucinich was not treated particularly seriously the media or his fellow Democratic candidates.
Now that Kucinich has been proven right, however, Barack Obama might
want to pay attention to what the former mayor, state legislator and
veteran congressman is saying.
He actually gets it.
John Nichols
John Nichols is Washington correspondent for The Nation and associate editor of The Capital Times in Madison, Wisconsin. His books co-authored with Robert W. McChesney are: "Dollarocracy: How the Money and Media Election Complex is Destroying America" (2014), "The Death and Life of American Journalism: The Media Revolution that Will Begin the World Again" (2011), and "Tragedy & Farce: How the American Media Sell Wars, Spin Elections, and Destroy Democracy" (2006). Nichols' other books include: "The "S" Word: A Short History of an American Tradition...Socialism" (2015), "Dick: The Man Who is President (2004) and "The Genius of Impeachment: The Founders' Cure for Royalism" (2006).
Ohio Congressman Dennis Kucinich responded Sunday appropriately, when
House and Senate leaders announced early a bipartisan agreement for
a variation on Treasury Secretary Henry Paulson's $700 billion
(plus-plus-plus) bailout plan Wall Street.
Kucinich wasn't buying into the idea that everyone in Congress would
climb on board for the bailout. "If the votes were there, this would be
on the floor. The votes aren't there," Kucinich said Sunday.
Clearly, the congressman was not on board.
On the floor of House Sunday, Kucinich declared that:
Kucinich: Bailout 'Driven by Fear Not Fact'Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards 'casino socialism, ...
That Kucinich is spot-on comes as no great surprise.
When he bid for the Democratic presidential nomination this year, he
spoke more consistently and more bluntly about the economic crisis than
any of the other contenders.
Kucinich was not treated particularly seriously the media or his fellow Democratic candidates.
Now that Kucinich has been proven right, however, Barack Obama might
want to pay attention to what the former mayor, state legislator and
veteran congressman is saying.
He actually gets it.
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.