fuck me, fuck you, fuck us.
hopefully, this economic crisis that we are all facing will wake people up to the hypocrisy of the republican party. they preach "private sector" and always get a big laugh from their left-over reagan jokes: "government isn't the solution...government is the problem!" which, of course, is then followed by BIG laughs and HEARTY guffaws as the fat cats all congradulate themselves on their INDEPENDENCE and RISK-TAKING. but when their own stupidity and their own greed and THE FAILURE OF GOVERNMENT TO REGULATE THESE PIRATES (thanks to the republican party and their never-ending line of bullshit about how "the markets" know best) leads to their collapse....who do they run to? why the taxpayers and the government!!! the gall of these people is almost beyond comprehension.
under bush and his cohorts, REAL INCOME FOR THE MIDDLE CLASS HAS FALLEN $2,000 PER YEAR, PLUS POVERTY IS UP AND PERCENTAGE OF HOME OWNERSHIP HAS DECLINED. yeah, the markets knew best.
what we have under the republicans is the following:
PRIVATIZING THE PROFITS (i got these phrases from a post on huffington)
SOCIALIZING THE LOSSES
PATRIOTISM FOR THE MASSES
SOCIALISM FOR THE RICH.
wake up, america and do it now. we teeter on the brink of a total economic meltdown.
someone has made billions on this. was it you? damn well wasn't me and rhonda. was it you scotty? how about you, joe? was you and ed, brookie? sevensteen?
how about we hunt down those folks who took those billions. just a thought.
the "bail out" isn't going to create a single job. the bail out isn't going to help anyone who can't afford that mortgage (that they shouldn't have gotten anyway). home prices MUST COME DOWN before they can be sold. greed, of many people including bankers, realtors, buyers, investment bankers etc and et al, brought this about by raising the prices of homes to levels that could not be afforded by the middle class. what were they thinking? they were thinking "take the money and run." the existing unsold houses must be sold before new ones can be built. that is pretty simple isn't it? they won't be sold at the inflated price if people aren't making more money. pretty simple. people are not going to make more money if there are no jobs. simple again.
the time for change is now. we cannot afford four or eight more years of republican rule. it will break us for sure. bush said that the very rich were his "base." but you and i are not "the very rich", we are working people. none of you who write me are rich. you, like rhonda and i, work for a living; we pay our bills and try to put something back. we are paying out the ass for a health care system that is broke. we are paying out the ass for oil and gas and our government is doing nothing to advance alternate fuels (other than ethanol which is a fucking sham as well). we watch our jobs and our neighbor's jobs disappear. our 401k's have been depleted. etc etc.
but our government is now proposing to bail out multi millionaires. fuck me. fuck you. fuck us.
under bush and his cohorts, REAL INCOME FOR THE MIDDLE CLASS HAS FALLEN $2,000 PER YEAR, PLUS POVERTY IS UP AND PERCENTAGE OF HOME OWNERSHIP HAS DECLINED. yeah, the markets knew best.
what we have under the republicans is the following:
PRIVATIZING THE PROFITS (i got these phrases from a post on huffington)
SOCIALIZING THE LOSSES
PATRIOTISM FOR THE MASSES
SOCIALISM FOR THE RICH.
wake up, america and do it now. we teeter on the brink of a total economic meltdown.
someone has made billions on this. was it you? damn well wasn't me and rhonda. was it you scotty? how about you, joe? was you and ed, brookie? sevensteen?
how about we hunt down those folks who took those billions. just a thought.
the "bail out" isn't going to create a single job. the bail out isn't going to help anyone who can't afford that mortgage (that they shouldn't have gotten anyway). home prices MUST COME DOWN before they can be sold. greed, of many people including bankers, realtors, buyers, investment bankers etc and et al, brought this about by raising the prices of homes to levels that could not be afforded by the middle class. what were they thinking? they were thinking "take the money and run." the existing unsold houses must be sold before new ones can be built. that is pretty simple isn't it? they won't be sold at the inflated price if people aren't making more money. pretty simple. people are not going to make more money if there are no jobs. simple again.
the time for change is now. we cannot afford four or eight more years of republican rule. it will break us for sure. bush said that the very rich were his "base." but you and i are not "the very rich", we are working people. none of you who write me are rich. you, like rhonda and i, work for a living; we pay our bills and try to put something back. we are paying out the ass for a health care system that is broke. we are paying out the ass for oil and gas and our government is doing nothing to advance alternate fuels (other than ethanol which is a fucking sham as well). we watch our jobs and our neighbor's jobs disappear. our 401k's have been depleted. etc etc.
but our government is now proposing to bail out multi millionaires. fuck me. fuck you. fuck us.
posted by Ron Shock | 12:52 PM
1 Comments:
Months ago, I talked here that much of the mortgage crisis was a result of government interference--Regulations that effectively required banks to lend to the uncreditworthy. I believe that is a big part of the problem, I don't know whether or not it was most of the problem.
If banks could make a safe profit lending to anyone, they would. Redlining was about trying to predict high default rates in certain neighborhoods, not the color of the people living there. It was also likely self-fulfilling to some extent--No credit makes the neighborhood decline even more.
The government shouldn't have forced banks to loan money to people who were at great risk of not paying it back. If there are neighborhoods with abnormally high default rates, the banks should be able to use that as a factor.
We shouldn't have allowed that, even though the motives were pure. We shouldn't be bailing out companies--Chrysler should have been on their own in the 70's, Harley shouldn't have got tariffs on large imported motorcycles. We used to have a 25% import duty on Japanese picture tubes (and pickup trucks), but if the set was built in the Maquiladora zone of Mexico using the same tube, it came in duty-free. All of this is a slow cancer, leading to where we are now.
We will see alternative energy soon-Now that gas prices are high enough, it will be profitable. We're in for some rough years as things ramp up, but it will eventually get straightened out. If the government gets too involved, the lobbyists get to steer instead of the most viable tech winning.
Neither party has any morals, they just pick different people and different parts of the constitution to sell out. Adding government programs to solve this or that problem at best shuffles the problems around, and usually adds a new problem worse than the original--Requiring yet another government program, another bureaucracy, another bunch of taxes or deficits.
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