State Green Party, presidential nominee charge Wall Street bailout 'socialism for wealthy,' demand deal include moratorium on foreclosures, other benefits for taxpayers and the public
GREEN PARTY OF THE UNITED STATES NEWS RELEASE
SACRAMENTO (Sept. 26, 2008) - The $700 billion bailout for Wall Street must have some benefits for taxpayers - including a moratorium on foreclosures, an end to discriminatory and predatory lending practices and the recognition that "shelter" is a fundamental right, according to California Green Cynthia McKinney, the party's nominee for President (www.votetruth08.com).
The Green Party of California, in a release Friday, said that the pending bailout is nothing more than socialism for the wealthy, a state and national financial collapse predicted, in large part, by the recently deceased Peter Camejo, the Green Party three-time nominee for California governor who died Sept. 13 of cancer.
"Both major parties have been dominated by moneyed interests and today reflect the historic period of corporate rule," wrote Camejo, a socially-responsible investment counselor in an historic document now called "The Avocado Declaration."
Camejo predicted the takeover of the federal government on Wall Street because "Republicans seek to convince the middle classes and labor to support the rule of the wealthy with the argument that...'what benefits corporations is also going to benefit regular people.'" The Democratic Party, he said, is different but still beholden to "corporate rulers."
McKinney has said that any bailout must include the following conditions:
The Green Party of California