Monday, September 22, 2008

Economy - Get a grip, people!

Doesn’t this seem eerily familiar?

A cataclysmic moment.  George Bush and his minions have THE answer.  We have to move fast and give them the authority they request or it will be disastrous. Don’t think about it too much; just sign on if you are a “true patriot”.  United States Secretary of Treasury Henry Paulson needs complete authority to use 700 Billion dollars (or more, if necessary) to bail out countless banks and other financial firms for the horrible business practices they have engaged in for years.  No oversight over Paulson’s actions.  No court powers to over-ride any decisions he makes.  Socialism for corporations as seen fit by Bush, Cheney and Paulson.  If they take over Goldman Sachs (for which Paulson worked and walked away from with a cool $38 million himself) they don’t even have to put an end to the gigantic payoffs to fired or retiring execs.


No fucking way.  Sorry.  Not again.  We know this dance and it doesn’t end well for us, for America or for freedom in general.

We thought Bush’s great culmination might be launching yet another war – perhaps on Iran.  How naive of us to think that Cheney would allow Bush to “think small” at the time for a crowning achievement.  Naomi Klein has defined the Shock Doctrine.  It’s clear how they play the game.  There is no excuse this time if we let them get away with it.  Look, we’ve been involved in our own demise in every other area.  This is a culture of greed and rampant consumerism and we loved it. We can’t just scream “BUSH DID IT”!  It was us, folks.  But for fuck’s sake, are we really going to get fooled again?  If so, we deserve everything that will happen to us.  No one should complain later about what’s happening right now.  Don’t dare play victim.  You aren’t a victim.  You are an accomplice.  Remember that.


The Exterminator said...

Very nice rant, Evo, particularly the last paragraph. Now I feel so guilty, I'll never be able to shop again.

Well, at least until I run out of Good 'n' Plenty.

PhillyChief said...

Well I just want to buy a house at a ridiculously low price and for a crazy low interest mortgage rate, so I'm for whatever makes that happen, be it bail outs or economic crash. Damn the economy and everyone else. It's all about me now.

bullet said...


Exactly. Make it a variable rate mortgage to be totally sure you're getting the best deal.

Kelly said...

Yeah, I know this dance, and I believe the tax payer ends up on the floor because his partner decides to throw him into a spiral long before they've had the time to perfect the "stunt." Something about nosebleeds, I think. And bruises. Lots of bruises.

The sad thing is, Congress is going to give in.

Haha @ PhillyChief. I've been scouring the market in SC, but where I live, we just haven't been hit.

Kelly said...

Oh yeah, and broken bones.

Maybe it's not a dance. It's more like a bar fight.

PhillyChief said...

Ah, you seem to have me confused with those idiots who don't understand how the adjustable in ARMs works.

Anonymous said...

Why the hell should people like us bail out these companies? Why not send the bill to the CEOs who have hauled in outrageous salaries, and then, after they've fucked their companies a few times, departed with golden parachutes?

Anonymous said...

The sad part is the United States is going to drag the rest of the world into this finacial black hole you've created. And don't say it's only the greedy bankers fault. Nobody forced you to elect Bush and crew... twice. Those of us in the sane part of the world were appalled.

Yeah, yeah nobody seems to recall voting for him even once, at least that they will admit to. I just hope this shows once and for all the complete emptiness of the right wing position that the invisible hand of the market knows best.

John Evo said...

Brian, I understand your anger with us. But remember that both election were extremely close (many of us feel they actually had a different result). The fact that they were close means that many 10s of millions voted against Bush. So not everyone is lying to you when they "can't remember" voting for him!

Anonymous said...

From Evo:Brian, I understand your anger with us.

I don't.

The relationship between the United States and Canada is the closest and most extensive in the world. It is reflected in the staggering volume of bilateral trade--the equivalent of $1.5 billion a day in goods

The U.S. is Canada's leading agricultural market, taking 55% of its agro-food exports in 2007.

Canada is the single largest foreign supplier of energy to the U.S.--providing 17% of U.S. oil imports and 18% of U.S. natural gas demand. Recognition of the commercial viability of Canada's oil sands in Alberta has raised Canada's proven petroleum reserves to 179 billion barrels, making it the world's second-largest holder of reserves after Saudi Arabia.

Canada is a major supplier of electricity (mostly clean and renewable hydroelectric power) to New England, New York, the Upper Midwest, the Pacific Northwest, and California. Canadian uranium helps fuel U.S. nuclear power plants.

You can cram it up your ass, Brian.