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The Deregulator Saviors, a trillion here a trillion there .....

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 05:27 PM
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The Deregulator Saviors, a trillion here a trillion there .....

Now we know they don't believe in regulation, they believe in bailing out. Not bailing out the little guy, but the rich fat cats. Where was this regulation and swift action which the Bush Administration is proposing with this Wall Street/Credit Crunch Bail Out when the country was on the way down the mountain toward this seemingly bottomless pit it finds itself in? Where was it to regulate oil trading? Now we know the SEC could have regulated speculative trading of oil the way it stopped short selling cold. (The problem was that the SEC and the rest of the rich had too much money in Oil) But they can afford the $4 gas and like long dead president profits. You might have looked for them but couldn't find them cause they were even more scarce than their pictorial brethren the Great Wizard of Emerald City. But still, where were they?

I'll tell you. The Cheney Conference(rich men who profit from this unfettered oil based wealth view of the economy who may or may not have been at the Cheney Energy meetings but definitely got the memo so they watched high energy and poor lending practices break the back of the people of America as they did nothing.) The Cheney Conference whose head has been so conspicuous by his absence and this administration were in the same place- too busy counting money which they all had in the only place they knew would remain above the killing floor on the stock market because they had set it up that way--in oil. Only when it looked like they would not be able to get another seven houses on credit did they decide to do something---quick. (How many houses do I have? Let me check with my people and I'll get back to you.) And you can laugh but a beat cop was about to have as much money as a useta be millionaire if they didn't do what they're doing now....

Socialize the losses so the people pay for the way they jacked shiiiii up and they continue on rich and aloof as the gains are privatized. If that's hard to understand, then let me put it this way. And excuse the french, shit's about jes like where it was, cept if the Republicans win, then you bout to have a whole lot less cause you gonna pay for this forever while the rich get richer.

But viewing this from the sun, I have one question. Who are they selling this too? Bail out? Saving America's financial system? Liquifying the markets? This is trickle down 101 and won't work because eventually somebody's gotta buy alla the smack being created in a capitalistic society and right now in the words of that old negro spiritual.. "ev-veree bo-dy's broke--Can't you hear me when I'm talkin' to ya now?" Market's flying up! Oil's climbin' high!!! People is buyin' shares of Corporation D. that makes widgets for...But ain't no body buyin' squat because people ain't got jobs and people won't have jobs until people start buyin' somethin round this piece. Same wit' oil. Ain't jack changed. Whose gonna use all that oil. For what gasoline? The American people who are the consumers are the fodder for this recessionary staflation which hasn't gone anywhere. No job no money, no money, no job for gas and goods. All they did was hand you a bill and now people are making money on your back again and feeling no pain for all their out right greed and disregard for humanity. But have faith, When this is viewed from the sun these are the last days of the Deregulation Bail Out men in our life time as they have had their heads chopped off by their Guillotine Economics and the light comes. Obama's up by 4 points and has the EC lead by at least 8 and much more soon after this debacle.
Posted by Kamau Atem at 5:37 PM

http://anotherviewfromthesun.blogspot.com/2008/09/deregulator-saviors-trillion-here.html
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