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The government is currently debating a $700 billion bailout of distressed banks under a plan that initially proposed to give Treasury Secretary Henry Paulson and the Bush administration unprecedented power. How did all this happen? The root of the problem can be traced back to the deregulation era that began during the Reagan administration.

The time has come to revolt against free market fundamentalism and the way it is destroying our society. The illusion of the capitalists' "free" market has long been revealed for what it really is: a mystification of class interest. When everyday people suffer from poverty, the ruling elite say, 'there's nothing we can do. There has always been poverty, we can't prevent it.' But when an edifice of greed, corruption, and illusory wealth begins to crumble, it's a crisis of the greatest degree. Hundreds of billions of dollars later, it's clear that our government will spare no expense to prevent the wealthy from losing their yachts, luxury cars and mansions.