Bailout News: WW II Edition: Taxpayer Iwo Jima

The maxim reads that if you're a financial journalist, chances are you will never do anything in your entire career that is meaningful to people. Painful to hear, but true. Occasionally you can have a positive impact on someone or some issue, but really, you're just covering news that other people make.

However the current crisis has altered the dynamic. The Daily Bail launched 3 weeks ago and we exist to fight the immoral transfer of trillions in debt from private banks onto the backs of future generations. If not stopped there will be $10 trillion of debt created by our government in the next five years, and most of it given to the banks. That amount is equal to our entire national debt for our first 232 years as a nation.

We're here to keep tabs on the heist. To provide an official daily record of the generational pillaging. The site is still raw and nobody knows us yet. Yet almost 100,000 of you have stumbled your way here in our first 18 days, via word of mouth, some support from bloggers and the calm words of one concerned taxpayer. Though we're grateful for the traffic we realize it's going to take millions of angry, Congress-dialing taxpayers to stop this well planned heist.

We're keeping the site free of advertising, and in turn please click on our feed or bookmark us. Telling a friend or 5 wouldn't hurt either. For those unfamiliar with feeds: click the large orange guy at the top right of any page. It's self explanantory once you click. It's completely free and there's NO sign-up of any sort. It's just a simple way of seeing our content. Check it out. Orange guy is hungry.

A special message to young people finding us through Twitter. This is Your Revolution and you need to help lead it. With respect, you need to wake the f up and understand that it is primarily your cash headed out the door and straight to the failed banks. And not to rub salt, but they just paid themselves over $18 billion in collective bonuses for their outstanding work in 2008, with your money.

We have a program building behind the scenes for letting Washington know what you think. But we have to achieve critical mass first. It's going to demand that a million of you, from teenagers to seniors call Congress and The White House on one day. It's one of the things we have in the works and we'll be announcing details soon in collaboration with partners.

Inside there are more photos of Iwo Jima plus several relevant links including Wednesday's Squirel with close to 40 stories and growing.

Bailout news links for Wednesday. All in one link with thumbnails.

http://bit.ly/XHOB

 

Here is the link to many more photos of Iwo Jima.

And here is an interesting piece aobut the shame of wall street  published yesterday in the NY Times.

Update on Feb 4, 2009 at 7:17 AM by DailyBail

Updated with Wednesday morning's Bailout News Links.

Comments

[Texas Veteran]

Thanks for the showing the photos. My brother directed me here to you because I worry about the national debt a lot. I think it is more than horrible what we are doing to innocent kids,re theier futures. We have no right to do this to them. They won't be able to pay the interest on all this debt. The pics made me feel proud. I fought in Korea but not ww II. HOw cam we do this to our kids?

[ShamWow]

patrick.net linked to you again. i have been by here several times through them. really like your stories. cool cartoons

[joew]

Great site! In addition to a million phone calls I would like to see a million plus angry taxpayers march on Washington to try and stop this thievery.

[Genevieve]

pictures made me cry and think of my dad.

[Castro is Cool Again]

too squirrel couldn't nut.

nemonic.

[JJC]

Found you this morning thru the huffington post.

[JJC]

Looks like people are finding you. Those are huge numbers. Been coming every other day or so to read. I like being one of the first regulars to have found the site. Who are your partners for the plan? Anyone we've heard of. Perhaps the Peterson Foundation since they re linked at the top?

[Ain't Bullshittn']

If the "greatest generation" is so great.......Do something! You fought World Wars to protect your way of life, wives, and your children in the 40's 50's 60'.....Where are you NOW??????? You posses 70% of our Nations Wealth, have knowledge, been there done that and now you are letting a bunch of "Hippie Congressman and Senators" destroy what you fought for.....YOUR CHILDREN AND GRAND CHILDREN NEED YOU NOW MORE THAN EVER!

[JJC]

Aint Bullshitin' is correct to call upon the older generations, but time has shown that it doesn't matter if you are a hippie or a conservative, both of you will spend. I think we need a party dedicated to cutting goernment by 25%.

[hippie_in_da_house]

use ron paul forums to organize

[JerseyBoy]

Love the site and your mandate of documenting it all. Think of it as a list of who will be going under the guiilotine when the real revolution gets underway.

[Ted S.]

Hey, "Ain't Bullshittn' ", the "Greatest Generation" are all senile or dead. The Boomers are in charge now. That's why things are so bad. Well, that and the fact that your generation thinks senile and dead people will rescue them.

[Martin J Scott]

More bonuses at AIG? I say we as U.S. citizens ban together and REFUSE to pay our taxes until the feds get ALL of the "stimulus" money back from the every bank, insurance company and financial institution who paid out bonuses after receiving federal aid. Bonuses are paid based on contractural obligations? I hope those people are wrought with guilt and that their nights are sleepless after they deposit their bonus check. It is time that we stand up and say "ENOUGH!!!!" Where does it end? I tell you it won't end until we march in the streets, descend on Washington and put an end to this tomfoolery - I envision a new kind of "ACT UP" or the storming of the Bastille to show the government that they cannot just hand out MY money & YOUR money to poorly managed, greedy companies. URGGGHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!