[Marxism] SP presidential candidate calls for bank nationalizations

["Ruthless Critic of All that Exists" <ok.president+marxml@xxxxxxxxx>]

Note: The SP presidential campaign is now qualified in 22 states with
281 electoral votes between them.

BRIAN MOORE FOR PRESIDENT, SOCIALIST PARTY US
For more information, please contact:
Brian Moore (352) 686-9936 -- cell (352) 585-2907
or Darcy Richardson, 904-874-2855
www.votebrianmoore.com


----- Forwarded message --------

Spring Hill, Florida, Saturday, October 18, 2008:    Socialist Party
USA presidential nominee Brian Moore urged President Bush and the U.S.
Congress to "nationalize" the United States banking system and called
for a "full governmental takeover of all for-profit industries in the
country."

In response to President Bush's comments today before the U.S. Chamber
of Commerce in New York City that the U.S. government would "limit its
[financial] intervention in size and scope" and that he [Bush] did
"not intend to nationalize the banking system," the Socialist Party
candidate, in a faxed letter to the White and Congress, urged the
President and members of Congress to reverse themselves and
"nationalize" the entire American banking system.  Moore also stated
in his letter that the recent intervention should really be the start
of a "full government takeover of all American corporations."

The Socialist ticket of Brian Moore for President and Stewart
Alexander for Vice President, is currently competing for votes in
eighteen states, comprising more than 270 electoral votes — enough to
win on November 4.  If the Socialist ticket was able to win a
plurality of votes in the eight states where they are listed on the
ballot and in ten other states where they are officially recognized as
write-in candidates, Moore predicted that they could be swept into
office in a tidal wave of discontent. "The American people are hurting
and hurting badly," he said.  "The economic system is collapsing
before their very eyes and they are beginning to realize that neither
major-party fully grasps the severity of the situation.  Anything is
possible."

The Socialist Party USA platform calls for the establishment of a
socially owned, democratically-controlled independent national banking
authority, made up of consumers, workers, accountants and economists,
who will set national policy.  It would be a non-profit national
institution, which would operate through credit unions, cooperatives
and state-run banks.

Such an entity, said Moore, would provide better access and fairer
terms to consumers and citizens in need of housing, education,
transportation and small business loans.  Much of the nation's white
collar crime would be eliminated by removing the fraudulent actions of
the for-profit industries, he added.

The Socialist presidential candidate emphasized that socialism would
"operate in a de-centralized fashion," with limited government, with
its public servants, but under the auspices of workers and/or their
democratically controlled regional commissions.

In response to the presidential debate at Hofstra University in New
York earlier this week, the Socialist candidate criticized the recent
$700 billion bailout of the financial services industry and accused
his Democratic and Republican rivals of offering little in the way of
substantive measures to deal with the growing economic crisis.  He
charged that both Barack Obama and John McCain had been "bought and
sold" by Wall Street.  "The two major candidates cannot move, they are
imprisoned by accepting all that corporate money," Moore said.

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