Excerpt:

David Sirota on the House voting down the bailout plan and what might be coming next…

Those who are surprised by this turn of events just haven’t been paying attention to what’s going on out in the country - they haven’t been paying attention to, for instance, the social survey research showing rising rage against both our corrupt government and Corporate America. During my 3 month book tour, I faced a wave of skepticism from the Establishment media about my thesis. This earthquake on the floor of the U.S. House should end that skepticism once and for all.

Just as I said in the book that it’s not clear what is going to come out of the Left-Right grassroots uprising throughout the country, it’s not clear what is going to come out of this uprising in Congress. Will Democratic leaders tack to the hard right, load the bill up with corporate tax cuts and pass this bill with only Republican votes? Or will they actually be leaders of the Democratic Party, make this bill a vehicle for the kind of New Deal-style investments and regulations that are necessary to start rebuilding this country, and pass this bill with full Democratic Party support?

Sirota goes more in depth in a recently released strategy memo called Turning a Wall Street Giveaway Into an Economic Rescus for All Americans.

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