Story of the day: Does anybody in DC get it?


As the Washington media scrambles around the stupid non-story of the 60 minutes "laugh" meme-fest, just like the stupid fucktardery around the AIG bonuses shielding the public from the real issue at hand; that the economic team behind Obama is seemingly steering us into the same financial bubble shit that got us into this recession/depression/whatever we're in right now.

Yes, I'm stupefied that someone I thought as populist savvy as the president would be so dismissive of the huge and warranted outcry over the fact that, whether it was money doled before his term or not, public money was used to give out bonuses to dickwads who wouldn't have even a regular paycheck if we just allowed AIG to go under. When your work produces a pile of dick, dick is what you deserve back. Welcome to the real world, where the ordinary guy doesn't get a perk just because. I don't want to hear any more sob fucking stories about how these tools are scared for their wives or their kids or whatever the fuck else. FUCK YOU. You have your fucking gated communities while the rest of America is being evicted from their homes. If you're that concerned. Give the fucking money back.

However, as much as I hate the Geithner/Summers tack of saying the bonuses are a miniscule slice of the bailout money as a fakeout to ensure their friends on Wall Street don't get testy, the underlying point is correct. It is a small part of the problem. However, the big part of the problem, the completely unregulated crapshoot on securities and loan speculation that is going on in the financial realm isn't just not being stopped - it's now being encouraged. The "New" plan, which is a rehash of the Bush/Paulson plan that was scrapped before even a consideration, assumes that if we take all the "bad little loans and such" and sell them at closeout prices, that we'll start shitting rainbows and flowers will rain from the sky, is astonishingly crazy. McCain crazy. Relying on the greedy cunts and assholes that drove the economy down crazy. It's like punishing your son for hitting your daughter by giving him a baseball bat crazy.

I'm worried that something self-destructive lurks in the new administration that creates a pattern of shutting out ideas of those like Nobel-winning economist Paul Krugman and more-fit-for-four-different-cabinet-positions Howard Dean because of their own weird clique thing. Combine that with a glib dismissal to do anything about the bonuses as the icing on the cake, and you're risking to fulfill the prophecy of the Washington hacks that have already (and relishingly) put your presidency as a soap opera already. I don't trust that Geithner and his people have the American people's good at hand, but are just trying to pump the stock market. Prove me wrong, or get the fuck out.

For a much better explanation about what's going on I really really recommend you read two things. First DEFINITELY read Matt Taibbi's complete breakdown of this economic crisis history in Rolling Stone (click here). Also, for the breakdown of the latest Geithner "plan", read Krugman in the Times (click here).

Comments