Week of September 14, 2008 - September 20, 2008
September 19, 2008, 1:42PM
Excuse the profanity-laced, semi-incoherent diatribe; I'm just too pissed off right now to make much sense...
When asked about the Fed’s proposed trillion dollar bail - and who needs to pay for it - he replied:
It’s probably $500 [billion] to a trillion dollars, and that’s going to visit the taxpayers sooner or later,” he said. “It’s either going to be a debt charged to all of us or to all our children.
http://dealbook.blogs.nytimes.com/2008/09/19/putting-a-price-on-a-government-bailout/
NO ASSHOLE, “either” is NOT an option here. This gets paid for NOW. End the farm subsidies, reform the Pentagon (we’re spending more now - not including the Iraq and Afghanistan supplemental spending bills - in inflation adjusted dollars than we did at the height of the Cold War) to save hundreds of billions, raise taxes (on everyone); do whatever it takes to not add more debt. In the past 8 years this nation has added over $30 trillion in unfunded liabilities to our budget. $30 GOD DAMNED TRILLION.
We’ve already fucked the next generation to sustain a greedy, consumer-driven lifestyle (everyone is at fault here. America fucked itself); we’re not going to get them involved in a three-way so you can kick the can down the road another 10 years.
As it currently stands, the next generation is going to be the first in American history to be worse off (and possibly in a significant way) than their parents.
As we keep amassing debt, there WILL come a day when the world loses confidence in our currency and our solvency. When that day comes (and it will) and the world moves away from the dollar; our house of cards will come crashing down. Our currency will nosedive big-time. Hyper-inflation will reign supreme. We’ll turn ourselves in Argentina - or worse.
The middle class will be WIPED OUT and America will slip into irrelevance.
We’ve got to get our shit in order ASAP. It starts now. This clusterfuck we’ve created gets paid for TODAY. If Americans are too god damned-greedy and shortsighted to refuse to own-up for our largess, then we deserve what’s coming. Of course, those most responsible won’t pay; their children and grandchildren will.
Damn it, I’m pissed.
September 19, 2008, 1:39PM
Excuse the profanity-laced, semi-incoherent diatribe; I'm just too pissed off right now to make much sense...
When asked about the Fed’s proposed trillion dollar bail - and who needs to pay for it - he replied:
It’s probably $500 [billion] to a trillion dollars, and that’s going to visit the taxpayers sooner or later,” he said. “It’s either going to be a debt charged to all of us or to all our children.
http://dealbook.blogs.nytimes.com/2008/09/19/putting-a-price-on-a-government-bailout/
NO ASSHOLE, “either” is NOT an option here. This gets paid for NOW. End the farm subsidies, reform the Pentagon (we’re spending more now - not including the Iraq and Afghanistan supplemental spending bills - in inflation adjusted dollars than we did at the height of the Cold War) to save hundreds of billions, raise taxes (on everyone); do whatever it takes to not add more debt. In the past 8 years this nation has added over $30 trillion in unfunded liabilities to our budget. $30 GOD DAMNED TRILLION.
We’ve already fucked the next generation to sustain a greedy, consumer-driven lifestyle (everyone is at fault here. America fucked itself); we’re not going to get them involved in a three-way so you can kick the can down the road another 10 years.
As it currently stands, the next generation is going to be the first in American history to be worse off (and possibly in a significant way) than their parents.
As we keep amassing debt, there WILL come a day when the world loses confidence in our currency and our solvency. When that day comes (and it will) and the world moves away from the dollar; our house of cards will come crashing down. Our currency will nosedive big-time. Hyper-inflation will reign supreme. We’ll turn ourselves in Argentina - or worse.
The middle class will be WIPED OUT and America will slip into irrelevance.
We’ve got to get our shit in order ASAP. It starts now. This clusterfuck we’ve created gets paid for TODAY. If Americans are too god damned-greedy and shortsighted to refuse to own-up for our largess, then we deserve what’s coming. Of course, those most responsible won’t pay; their children and grandchildren will.
Damn it, I’m pissed.
September 19, 2008, 8:34AM
What's that noise? Oh yeah, it's the sound of universal health care being flushed down the toilet.
What's that ugly surprise on your W-4? Oh yeah, it's your taxes going way up to pay for this bailout.
America; your consumer driven egos (from the average home owner who needed to keep up with Jones, to the investment banker not satisfied with a mere $1 bonus) created this mess. You lived beyond your means for way too long and now the price tag is coming due.
Get mad, get really mad, but remember you're largely to blame too.