Slow The Bailout Down
Here we go again running headlong into disaster. The Bush administration’s Modus Operandi has become predictable and obvious when it comes to fabricating a disaster to rally the idiots in Congress and their clueless Lemming Constituents. How is it that just as we approach election day a crisis that has been brewing for years pops up on the screen as being the worst financial crisis in the USA since the Great Depression and requires immediate attention. A crisis in which we are being warned that “we must act now or there might be disastrous consequences for the economy”. Sound familiar, “we must act now to stop weapons of mass destruction”. History may well prove the greatest Weapon of Mass Destruction ever unleashed on the world was the Bush Administration.
I’m skeptical, well outraged, about the “bailout”. The images of another “Great Depression” that Bush and Crew have conjured up are reminiscent of the images of “Nuclear Clouds” conjured up to sell the Iraq War, Tourture Chambers and Domestic Electronic Eaves Dropping, Etc.. The idea of an entire economic collapse seems like tremendous nonsense to me. We may see a wounded Investment Banking Sector but that is only one market in this vast capitalist empire which has proven resilient time and again, WITHOUT BAILOUTS. No one can say what will or won’t happen even if we a throw a trillion dollars at the crisis, so why throw taxpayer money at a problem that Wall Street has not tried to solve on it’s own.
Let the Investment Banks bail themselves out or at least attempt to bail themselves out before the Federal Reserve and Treasury throws our dollars and our futures away. Slow the fuck down and sort it out People of the Congress. Congress should be looking for non-monetary solutions that can be put in place to make the Investment Banking System figure out how to solve it’s own “bad debt” problem. I have heard no alternatives on the table other than infusing the taxpayers money to secure bad debt. This is simply insane. How is it Socialism is the answer when it will preserve the fortunes of the wealthy but it’s a bad idea when it seeks to feed, educate and give health care to the poor?
So what if the Investment Banking sector takes a hit. It will be the people in the Investment Banking Sector that will loose their homes and jobs first. They will be the casualties of their own foolish greed. Once the “free market” purges the free-loading bankers, we can start over with the benefit of a valuable learning experience. Leave them to sink or swim and the survival instinct will triumph or not.
I find it troubling that no one has dealt with a real means for gauging the scale or severity of this crisis. I propose a simple plan to provide this measure which could be implemented in short order. Once the basic infrastructure has been implemented we will have a “barometer” to assess the depth of the financial crisis. It will provide a stark contrast to the urgency and cost of the rescue fabricated by Bush, Bernanke and Paulson acting like the fucking sky is falling. The plan is called, The Wall Street Window Barometer. Some taxpayer funding and immediate dispatch of resources will be necessary but it should only take a few days to remove All Windows from High-rise Buildings on Wall Street. The measure of the crisis will be gauged by the number of new Investment Bankers bodies laying on the sidewalks each day. Only then will we know with certainty their personal investment portfolios reflect losses on a scale that warrant a Bailout.
The base principals of The Wall Street Window Barometer were discovered after the “Great Depression”. They have been kept secret by Investment Bankers for decades by installing “jump proof” windows throughout Wall Street. The new plan will also aid in improving conditions for natural selection by helping to purge corrupt and stupid Investment Bankers that have become, smug and dangerous to our future.
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