Now you have it in a nutshell, greedy fools on Wall Street cause a worldwide collapse, George W. comes up with a $700 billion plan and the polititians or Lawmakers as you call them here, Lawbreakers might be a better name for them. Anyway these bright sparks that you put into office to look after your well being had a conscience vote to agree on how best to ensure the “snouts in the trough brigade” on Wall Street did nt waste the money. Of course as so many of the pollies have business interests that are far more important than the welfare and problems of the ordinary taxpayer or unemployed they just could not agree on a solution. So without going into the pro’s and con’s which every newspaper and news programme on television and everyone is sick of perhaps you can understand why my new website which will be up and running soon is called www.allpolitiansareassholes.com and I intend to bring all the crap they spruke to your attention for you to comment on and have posted.
Oh well heres another ship on its way down to shake hands with the Titanic but not to worry Chase is buying it for peanuts figuratively speaking. But the good news for Mr Fishman the Boss of WaMu for 3 whole weeks he gats a payout of between 13 – 18 million dollars and you wonder where the money went that caused the collapse……..Who’s Next?
Perhaps a better name would be “Backs To the Wall Street” anyway todays paper $700 billion on its way to prop up the mess Wall Street is in, one of the provisions holding up proceedings is pay and bonus restraint by the perpetrators that are responsible for the chaos. But it seems those greedy bastards are not going down without a fight, the knowledge that dollars by the billion is on its way the Wall Stree PIGS already are waiting with their snouts in the trough waitng to get their share of the swill first. Any other country would put these men in jail or even execute them for what they have done to America and it working population its a downright disgrace that they be allow to get within a country mile of any future bail-out money.
I think everyone knows the history of the “Titanic the unsinkable” and I guess they thought the same about Wall St but not so, they are both well and truly on the bottom. So what happens now, the latest plan is to bring in two more players, let them become banks. Who in their right mind would or has any confidence in these monetary sharks. It seems to me that in the casino of banks and investment companies when there is a total f..k-up and somehow all the chips have got misplaced or lost and left many on the bones of their ass and jobless, the way out is to bring in two new dealers to shuffle the pack and give them a piece of the pie. Who would be crazy enough to or have reason to trust them. (sorry Mr Buffet) but whats $5 billion to you, thats like trying to buy a share in McDonalds with a McMuffin…….Enter the Feds with the Bail-Out………..$85 billion or more. Ok some might be pleased about that, Im sure the CEO’s are but why would anyone with half a brain give $85 Billion to somebody who has just managed to loose that much and probably more, wouldnt it be better to perhaps give it to someone reliable and make sure its used properly and safely. Now for more common sense if you are a total idiot, enters Mr Bloomberg. Now this kind gentleman is saying that because of the loss of taxes from the Wall Street collapse there has to be cuts in spending over the next year or so at least. Cuts in neccessary infrastructure like Police, Fire Dept, Transport and so on and on. Now these cuts are going to affect everyday New Yorkers, he is telling you now to supposedly ease the pain, or give himself an excuse to cover all the projects that were promised but were not likely to get done anyway. Now Mr Bloomberg if you are “FairDinkum” (Aussie for dead set honest) why not ask the Feds to cover the short fall of taxes while they are in hand out money mode to the already rich and get the required money for your projects and services so the people who voted for you dont have to shoulder the load or go without. Why is it that Mr/Mrs/Ms Ordinary have to suffer at the hands of people whom they have no control over who squander other peoples money and create unemployment and watch while government polititians on all sides find money to bail them out which can only be seen by the most affected as a reward for inefficiency and downright greed and stupity.
The problems that have occured just recently that requires a government bail-out is typical when one adopts an “Ooslem Bird” mentality to investments.
For those of you that are not familiar with the Ooslem Bird Il fill you in. Its a bird that flies around in ever decreasing circles and vanishes up its own ass. So you can see what I mean by the Ooslem Bird mentality towards investment. Here we have all these financial smarties in Manhatten shuffling billions of non existant dollars around from one place to another in so called investments, this is all paper movement the only time it is turned into real money is when they pay themseves huge and bountiful salaries and bonuses or the CEO gets his marching orders and gets his bonus for taking the blame. So you see why its like the Ooslem Bird, the paper goes around and around and then at a given point pooof it vanishes……..all $US85 billion of it. What a f….king joke. Bank robbers get life, these smarties get a loan of 85 billion……………… God Bless America
As a visitor to the US I must say Im intrigued by the way the election is taking shape. After all the campaigning to receive the parties nominations the battle has begun. The battle of Sarah Palin that is, she is the person the Republicans have selected to run for Vice President, all the media and their dogs are after her. One would think she is running for president not McCain yet nobody is game enough to come out and say it openly that all the attention thats being given to her is simply that they want to bring her down because she is a female. Biden doesnt get a mention anymore, he doesnt exist it seems, nobody is concerned about his credentials. Whoever the US get for its president its the one they deserve because you will put him there. So good luck.
The West Australian electorate has spoken……..R.I.P