Confounded
Interest
"Giving money and power to government is like giving whiskey and car keys to
teenage boys." - P. J. O'Rourke
 I'm
not the sharpest thorn in the lion's paw but it sure
seems to me like we, the over-taxed public, are being
taken for the biggest buggy ride of all time. How is
it our economy was chugging along just fine, without
a care in the world, when BLAMMO suddenly every company
in the
world is going under for the third time? And each one
is threatening to take everyone else down with it unless
we yield
to
their
extortionist demands for the keys to the treasury?
I've watched the Bush boys empty the Treasury, for
the benefit of their cronies, for the past eight years
with their phony little wars, putting
us $5 trillion dollars deeper in national debt over
that period. All this "bail-out" now seems to be is
another case of using fear to squeeze every little
drop of
what's
left in the safe, transferring it safely into the hands
of the top 1%. Keep in mind these are the same people
who tried for
years
to tie
the
Social
Security
reserves
to Wall
street. Think of all that immense boodle-bag in the
hands of the same people who mishandled the sub-prime
crisis.
Who
are
now, seemingly,
skating
away
with bags
of unaccountable government monies, laughing all the
way to the next high-priced resort getaway.
This is payback, pure and simple, for the people who
put Bush and company in office.
I say fuck' em. Loan money to the car companies to
keep them afloat but let the financial institutions
crater. Something better will inevitably take their
place and we'll regulate the hell out them... at least
until
the public's memory of this latest debacle fades, and
it will, and another band of Republicans get their
hands
on
the wheel of this floundering ship of state.
-------
Speaking of bad news,
that evil, corpulent suck-monkey, Karl Rove, appeared on TV
last week , Fox News, of course, reassuring everyone one that
our health system is just fine. Now return to your homes.
The truth?
• Since 2000, the ranks of the uninsured have grown by
7.2 million.
•
Health care premiums have doubled under Bush. Employer-sponsored
health insurance premiums have risen from $5,791 in 1999 to
$12,680 in 2008.
•
The fastest growing component of health care is health insurers’ administrative
costs.
•
Enrollment in Medicare private plans doubled. Through such
plans, insurers “have increased the cost and complexity
of the program without any evidence of improving care.”
•
The combined profits of the nation’s largest insurance
companies and their subsidiaries increased by over 170 percent
between 2003 and 2007.
But I'm no genius like Rove, so you'll have to make up your
own minds about who's misrepresenting the facts lying to you.
=mike= |
