Holy shit, the world is coming to an end. Save us Henry Paulsen! What do you need? $700 billion and absolute power? You got it.
Wait, let me get this straight, these big wig capitalists - including the first MBA President - want a socialized solution to this mess? The United States Government now owns an 80% share in AIG. We own one of the largest insurance and financial companies in the world, and the government has an actual say in how the business is run. Even Eugene Debs has risen from the grave to say, "What the fuck?"
OK, this isn't exactly communism, but it isn't exactly capitalism - it's something in between, a socialism that's nationalized, a kind of national socialism, if you will. I believe another country dabbled in a similar scheme sometime around the first half of the Twentieth Century. Can't remember much about it (damn my public school education), but I think they also had a bone to pick with the Jews.Oh, it'll come to me.
Can someone please tell me how we can bail out these millionaire fuck ups (the air will be filled with golden parachutes), but there are still children in this country who go hungry and don't have adequate medical care? I mean, if we're heading for a socialist nation why not fix a few problems along the way? If we're going to say to hell with our economic ideals, why not do some good on our pathway to a socialist Hell?
And what is Congress doing? They're speeding this bail out along because they've been told the sky is falling - and they want to recess to campaign, so they'll just go back to Washington to do the same nothing they've shown such a knack for doing. There is no doubt that a bill will be passed, probably as soon as this weekend without a whole hell of a lot of discussion - or at least not any constructive discussion [But hey, there's a Presidential debate happening friday, so that should give us a real national discussion about this problem... what's that? They're only focusing on foreign policy? Really? The biggest economic crisis is currently happening and they're not going to talk about it? What the fuck?]. I bet the vote to approve this bail out will occur somewhere around 1:00 in the morning, you know the same time of night last Saturday the Treasury Department released their $700 billion, no strings attached, the Treasury Secretary becomes the most powerful person in the U.S. government request.
Thank god there's a presidential election coming up with two highly qualified candidates... what's that? Economy is one of McCain's weaknesses and Obama hasn't proven himself on that front either. Well at least Sara Palin has a strong grasp of responsible public spending... what's that? Put her town of 6,500 people $20 million dollars in the hole during her one term in office. You'll excuse me while I breakdown and cry. At least she had a crash course in foreign policy yesterday with meeting with some foreign heads of state, like Henry Kissinger. Hell, she was probably wondering which country Kissinger ran. The funny dude has a weird accent, so it's got to be from somewhere across the Atlantic, right?
OK, I'll let you in on a little secret about how to follow politics without becoming an alcoholic or a meth addict (I mean, look at the way the people in Wasilla handled Palin's role of mayor) - the secret is to have a sense of humor... and no investments.