Here it comes... jammed down our throat
Today the Senate will take up the emergency 'bail the fat cats out of hot water' bill, with the pretense of doing it to save us -- we who demanded that this not be done without a lot more thought and a little helping hand for the people losing their homes.
It appears that the Senate (made up of rich guys) is going to force the hands of the House by making the first move; something that almost never happens (but can happen if lobbyists and bankers scream loudly enough.)
And of course that media drumbeat -- powered by White House talking points -- is now pounding home the desperate need to act immediately (now now now! Before rational thought can kick in. Before we realize... that we've been stampeded by fear yet again.)
I guess there was no way we were going to beat the lobbyists. They pulled the market strings, people lost money and the terror began. So Bush and Paulson will get what they want, and the Wall Street fat cats will get to have their cake, eat it, and buy 10 more they can stick in the freezer. Band-aids for our own suffering? That was always a pipe dream.
At least we put up a fight this time.
When the dollar finally collapses from the weight of this debt (and the subsequent debt when this doesn't work;) and y'all have no food, no gas, no jobs and no future... remember this 'we must do it now now now' moment.
Remember the people who said this must be done immediately, with a half-ass plan, and without the intelligent input of the economists.
Remember who gave away your farm: put the blame squarely on the robber baron in chief and his vast array of financial stooges, cheered on by the loud demands of an arrogant corporate media. And then demand a lawsuit. If we can't impeach... perhaps one day we can imprison. God knows enough laws were broken. Pelosi is a coward: judges and lawyers are not.
I now suspect that the dollar is doomed. If you think things are bad now... just wait.
Labels: financial crash, financial crisis, government bailout, Senate, Wall Street
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