A few years later, Dubya had the brillyunt plan to privatize Social Security. FORCE people to invest money for retirement with Wall Street. Lucky for us all, his plan never worked. I know with my own pension through the Boilermakers' Union, I won't get the retirement payments that I would have back before 2000. They've been reduced/adjusted twice since then. I know lots of people's 401-ks have taken big hits also. Aside from knowing that Bush's plan was a disaster simply because it was Bush's, we now have empirical evidence that it was/is a disaster. There was a problem (in Bush's view) that remained though: Wall Street never got their billions.
So now we have a meltdown, a credit crunch, a banking disaster, a depression to stave off, etc, and what's the answer? $700 billion in the hands of Henry Paulson whose decisions as to what to do with it would be final and god-like: no review; no oversight; no reins. All the grandstanding and hoopla aside, it's merely a vehicle for funneling cash to another segment of the private sector and more Bush cronies.
JUST LIKE IRAQ
I'm not going to say that there are no problems in the whole banking/credit/investment sector, but I will say that the problems are not random or accidental. They were created be the refuckyoucans for the refuckyoucans, or rather for a small segment of the refuckyoucans. That the unwashed masses and christopaths who support these schmucks don't see this is unimportant. That they will be left in the cold, destitute, with all of us who oppose their thievery and corruption is unimportant as well.
The super-rich wing of the refuckyoucan party does not care one wit about anything or anyone, except themselves and the amassing of more wealth. Eventually, they won't even need votes. Makes me absolutely sick that there are still so many otherwise smart people out there who just can't fucking see through the refuck bullshit. Oh....
I almost forgot: How are Pelosi and Reid going to spin it when they roll over and give in to the Refuckyoucan demands that the keys to the treasury be handed over. I already hear rumblings to freeze out labor representatives. I'm sure all the CEO bunuses will be protected too. What else will get fucked up is anyone's guess I suppose.
The super-rich wing of the refuckyoucan party does not care one wit about anything or anyone, except themselves and the amassing of more wealth. Eventually, they won't even need votes. Makes me absolutely sick that there are still so many otherwise smart people out there who just can't fucking see through the refuck bullshit. Oh....
I almost forgot: How are Pelosi and Reid going to spin it when they roll over and give in to the Refuckyoucan demands that the keys to the treasury be handed over. I already hear rumblings to freeze out labor representatives. I'm sure all the CEO bunuses will be protected too. What else will get fucked up is anyone's guess I suppose.
2 comments:
Shit - this whole thing makes me sick.
Obama and damn near everybody keep talking about the "failed policies of George Bush," but his policies have NOT failed. They've achieved exactly what he's wanted them to achieve. All of these "disasters" have been by design. Even 9-11.
He knew something was going to happen; he didn't know exactly what, but he did sit back and let it happen unimpeded. His only surprise was the magnitude. How else could he have sat there for as long as he did? It was the shock of, "Damn them towel heads; I didn't think it's be this bad."
Check Driftglass. He's got a pretty good plan to fix this mortgage mess.
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