Monday, September 29, 2008

Congress Needs to Hold Fast With a Firm NO to the Bailout

Seems like these investment bankers have rigged this game pretty well. Let's see, spend years creating credit derivative schemes to play games with other people's money, then when it comes flying back in your face, hand the bill to the very suckers you've been fleecing all of these years. Wow. Why didn't I think of that?

$700 billion. Let's let that roll around the tongue a bit. Seven...hundred...bill...yon. Well, shit honey, that's a hell of a lot of barbeque and baby back ribs. And since no one in charge in Washington or New York really knows what happened to get us into this stinking cesspool, I think we should consider bringing in some people who do. Sarah Palin anyone? Why don't we just all pile on to the plunger in a wild orgy of self-destruction. The last two hundred and thirty two years have been a good run. No need for anyone to feel responsible for what's happened. Afterall, taking responsibility is for suckers. It's every capitalist American's right to fleece his fellow citizens. We were taught that in grade school.

OK, I'll let that rant fester for a moment while I turn my mind to more pungent matters...

Which of these wankers would lend any of us simple Americans one dime if we'd proven we could not responsibly manage the money we'd previously been given? The answer to that is as plain as the bag I will be drinking from later this week. You gotta love these guys, though. They are slick. They've got every angle covered. Now that the shoe is on the other foot, we are told that our entire civilization is in danger of collapse. Boy, these guys have huge balls. Perhaps I'm just too dumb to really get it. And here I thought our president was not too bright. Wrong! He's f'in brilliant for coming up with this latest play to save his secret society buddies from potentially having to sell one their family homes. Having declared that...

It's completely ass backwards that we would seek to bail out Wall Street when there seems to be no real plan for spurring the mule that brought them to the corral in the first place. These scumbag banker's don't need the money; the American small business person needs it. Afterall, as George Bailey might have said, we are the people doing "most of the working, living and dying" in this place. The Mr. Potter's of Manhattan stole our deposits and now they claim we owe them? Whiskey tango foxtrot?

America's credit is in the toilet, so you hear all of the politicians fluffing us about how we are the most (pick a word) "creative, industrious, hard-working, resilient, admired, etc.," workers in the world. Yeah. Yeah. Heard that all before. What they really mean to say is "Please, dear Lord, don't let the American working folk pull back our clothes and expose us for what we really."

Of course it's not really that simple. Real people are getting hurt while the charlatans at the top lick their wounds in relative safety. I feel sorry for everyone who has been misled and is being left with nothing in the wake of this scandal. In a different time, us common folks would be storming the castle and demanding a piece of the booty. Hell, I don't know why most of us don't get down to lower Manhattan right away and open up an enormous can of whoop ass on some of these people. The problem is, it's so damned hard to point the finger through all of the smoke and mirrors. So, until this fog clears...

I hope Congress sticks to its decision. We need to wake up and see Wall Street for what it really is: a scam that has for too long been held unaccountable for its boorish behavior. My fellow Americans, I urge us all to wise up. The safest place for your money is not in the hands of some whiz kid in Manhattan. Great investments abound in your own communities and neighborhoods. Time to learn about micro-investing and how to help your local coffee shop entrepreneur. Enough of this sending your hard-earned money to a group of people only interested in their own short-term gains. There's no short path to success unless you want to steal from someone else.

And if this rant wasn't enough, I toss in this radish to my diatribe salad:

The Henry Paulson view of throwing more good money after bad does not float. It's a reactionary move designed to cover one narrow sectors butt: and that sector is full of Mr. Paulson's pirate friends. Witness his invitation to Goldman Sach's chairman to a private meeting two weeks ago to discuss options that only us saps could dream about. I am sure the lunch was catered. Who got the bill for that, Mr. Paulson?