Monday, September 22, 2008

No strength

I don't even have the strength to comment on our current economic woes. I'll just pose these simple questions.

  1. Would any other administration (other than Bush Sr) have proposed this kind of sweeping bailout of the financial sector?
  2. Is the Bush/Cheney personality cult's close relationship with big business the real reason that we're going to throw a trillion dollars into their pockets?
  3. This bailout is going to place a disproportionate amount of power within the control of the Treasury Department. The Secretary of the Treasury, an official appointed by the President, will have incredible power over the economy...possibly more than both the President AND The Congress. Is that such a good idea?
  4. Is the market over-valued? If so then isn't this just a way to waste a trillion dollars trying to stave off the inevitable, a market correction downward?
  5. What if this just further emboldens Wall Street and we end up with a collapse twice as big as if the Government not stepped in?
  6. What kind of disastrous shit hole will this country become if McCain gets elected then dies after a year in office leaving Sarah Palin in charge? I bet she appoints that wonderful husband of hers as "First Dude of Treasury" and we'll all end up huddled around fires like Valley fucking Forge.

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