Ok, so they want to raise the FDIC insurance to $250k from $100k.  That can be done with a separate piece of legislation.  The problem is that the tax cuts (notice they’re for businesses, not the poor, working or middle classes) will just pile on the debt.

Why the Internationale is relevant today!  Original words and music by Eugène Pottier and Pierre De Geyter.  The song was written in the aftermath of the Paris Commune.  

And editorial original to All Over the Board:

So bailout plan A failed.  All well and good, but you know that there will be a bailout plan B, C, D, etc. until the bosses get what they want.  My guess is it’ll take tomorrow’s session on the stock markets around the world and the failure of another big bank.

Earlier today, at the Yokohama Bunka Gymnasium, the legendary Great Muta won the All-Japan Triple Crown chamionship.  Muta, the alter ego of the also legendary Mutoh Keiji, added to their belt total, as Mutoh is the New Japan Pro Wrestling IWGP Heavyweight champion and also holds an independent tag team title.  IE: It’s five belt Mutoh/Muta!

Original article, by Lance Selfa and subtitled Both parties have honored Corporate America’s wish for eliminating government regulation, via Socialistworker.org:

LIKE EVERYTHING else in Washington–from the Iraq war to the USA PATRIOT Act–the financial crisis that has already brought down a host of blue-chip Wall Street firms is a bipartisan disaster.

Orignal article, an editorial subheaded The Bush administration and congressional Democrats are agreed on a bank-robbery-in-reverse to bail out the titans of Wall Street–but the Republican free-market madmen are getting in the way, via socialistworker.org.

BY DAY, it looked like an honorable agreement among thieves–Democratic and Republican lawmakers joining together over a White House conference table to hammer out the basic points of a $700 billion bailout of the Wall Street financial system at the expense of the vast majority of Americans.

Original article, by Mick Brooks, via Socialist Appeal (UK):

Last week US Treasury Secretary Henry Paulson unveiled a dramatic plan to arrest the present financial crisis and prevent future economic catastrophe.