Stop the bailout, sign that petition. Good video too.

After years of supporting what is probably the worst administration in history, and all of their criminal, misguided policies -including an invasion that has killed countless men, women, and children- it is rich of you to call anyone “jerk”.

I just have to laugh at “conservatives” (read hypocrites) like you who go into hysteric outrage when the poor seeks help from the government, but cannot wait for a multi-billion dollar bail out to prop up the rich and their absolutely stupid, greedy ways.

BLACKOUT OF HURRICANE IKE…
http://www.youtube.com/watch?v=Ge0dxJfxsa8

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Speaking of hurricanes…
… WHY NO AERIAL PHOTOS OF THE DESTRUCTION LEFT IN THE WAKE OF IKE?

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Those were also bailouts with no accountability. What’s your point?

And whatever happened to that rugged, self-reliant conservatism? The one that was supposed to say “thanks but no thanks” to government “handouts”?

It’s hard to tell if you are more comical than pathetic…

Do we have an update on our new company, Peoples’ International Group (PIG) formerly known as AIG?

How about Peoples’ BS? formerly Bear Sterns?

Just checking in on how our “ownership society” is doing this day.

PEACE

Bush is ranting, once again, that our congress must immediately give him (via Paulson, this time) absolute power over this country’s fate, lest we fall prey to the ‘evil doers’ of the week. I am sick and tired of the fricking bogie men this man congers up to strip us of our rights and resources. I am as equally disgusted with the mealy mouthed congress that rolls over for him, better yet clears a path for him.

Please someone help me understand how this is truly an emergency TODAY. Show me how forcing the losses on the companies that took the risks will make their directors and CEO’s give up their own lucrative careers in retribution. Are the banks going to stop making money (writing good, new loans) and be content instead to attempt liquidating their bad loans? Is the entire corporate infrastructure going to suddenly stop finding new ways to increase their own net worth? It’s NOT going to happen. Bush is trying to sell us on WMD’s again and I simply do not believe they exist.

While I understand that this has to be done on some level, I have to be honest and say that it really pisses me off that we have to do this.

‘The 1st BCT’s soldiers also will learn how to use “the first ever nonlethal package that the Army has fielded,” 1st BCT commander Col. Roger Cloutier said, referring to crowd and traffic control equipment and nonlethal weapons designed to subdue unruly or dangerous individuals without killing them.’

An unelected official, Hank Paulson, is now the 2nd most powerful man in America, perhaps the Planet. (Yes, Cheney is #1)

How could the former CEO of Goldman Sachs even pretend to know what’s best for the American citizen?

Nancy, where’s that phucking table?

I hope the Chris Dodd and the Democrats do not pass anything witout companies having to pay back as much as possible.

‘Despite what the pols in Washington think, the RTC bailout was also a Wall Street scandal. Many of the financial firms that had financed the S&L industry’s reckless lending got to buy back the same properties for pennies from the RTC–profiting on the upside, then again on the downside. Guess who picked up the tab? I suspect Wall Street is envisioning a similar bonanza–the chance to harvest new profit from their own fraud and criminal irresponsibility.’

-No accountability

-No oversight

-No restrictions on exit compensations

-No Federal ‘teeth’ in the provisions

In other words, RETROACTIVE IMMUNITY

Just when you thought it couldn’t possibly get any worse…

Big Financiers Start to Lobby for Wider Aid
September 22, 2008
Jenny Anderson, Vikas Bajaj and Leslie Wayne. The New York Times. September 22, 2008. Page A1.

“The financial industry is looking for opportunities to profit from the $700 billion rescue plan recently unveiled by federal authorities. The industry’s lobbyists are working to have a broad range of troubled investments covered by the plan in addition to those linked to mortgages. In a September 21 email to its members, the Financial Services Roundtable said that the definition of a financial institution should be as broad as possible so that a wide variety of institutions, including mortgage lenders and insurance companies, could be allowed to participate in the rescue effort and sell off any investments involving mortgages. A day earlier the Bush Administration broadened its proposal to allow the Treasury Department to make decisions about buying financial instruments other than the residential or commercial mortgages and related securities originally identified.”

Perhaps this is simplistic, but I can see a level of “fiscal responsibility” in that approach. Pay off all old debt before embarking on new debt.

Add in daily oversight, review of compensation packages and operating expenses, and maybe, just maybe, the taxpayers will get some of this money back.

PEACE

http://www.armytimes.com/news/2008/09/army_homeland_090708w/