29 September, 2008
Quote of the Day
From this AP story (bold mine):
"How could this have happened? Is there such a disconnect on Capitol Hill? This becomes a problem because Wall Street is very uncomfortable with uncertainty," said Gordon Charlop, managing director with Rosenblatt Securities. "The bailout not going through sends a signal that Congress isn't willing to do their part."
Wha-wha-WHAT? Look, pumpkin, you and your lot are gamblers. The finance industry took a HUGE gamble on very shaky mortgages and guess what? Y'all lost! Big! Do you really expect the American people to believe, for even a nanosecond, that, had your gamble continued to pay off, that money would be put to the good of the American people? Because the last time I checked, the banking and finance industry were lobbying congress pretty hard to make it damn-near impossible for the average American to file for bankruptcy and you've fought regulation tooth and nail (both endeavors costing, no doubt, millions of dollars). Bank charges for the average customer are outrageously exorbitant and financial institutions are allowed to play shell games with people's money so that they incur hundreds, and sometimes thousands of dollars in bank charges--and they've done that with impunity. And yet, you damn consumers as "irresponsible".
I'll agree with you that there is--and has been--a disconnect on Capitol Hill, but only in that the Representatives have consistently failed the very people who voted to put them in office in favor of industry lobbyists who shower Congressional Representatives with gifts for doing their bidding. Every time the opportunity to help Americans in financial difficulty has arisen, the banking and finance industry rebelled and insisted that the free market is the only solution to the problem. "Those people were irresponsible enough with their money that they're in financial trouble: Let 'em twist in the wind," y'all said. "They should have known better."
But now...NOW you've decided that socialism is a Good Thing? You've Free Marketed yourselves into a deep, deep hole and now you want me and my fellow Americans--too many of whom have to decide between paying the mortgage/rent or buying food or gas or paying the electric bill--to bail your stupid, irresponsible, overpaid asses out?
Oh HELL no!
(p.s. I'd like to give props to my Representative, Pete Stark, who voted No on the bail out. When the Revolution comes, he'll be spared.)
Labels: in the news, ITMFA, JesusBloodyChrist, politics, ranting
~~ victoria on 2:22 PM ~~ 0 comments
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