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Sir, you absolutely astound me with the lunacy of your pronouncement. Absolutely astound me.
You quite clearly do not have a single glimmer of a clue as to what ails this country and its economy. Not a glimmer. Billions upon billions, amounting eventually to trillions of dollars of government money has been spent already, and we have nothing to show for it. The rich are unfathomably richer, but the jobs keep disappearing. The poor get poorer, the middle class gets poorer. Why do you think that is, Mr. Biden?
Why do you think the banks are reaping record profits off late fees and overdraft charges instead of making money through business operations? Why do you think that is? No, don't turn around and ask someone else, like that moron Tim Geithner or that vampire Hank Paulson or that simpering siphon Ben Bernanke. Come up with an answer yourself, Joe.
It's all because the banks, the investment banks, the commercial banks, the finance companies, the brokers and hedgers and the quants and the market makers have all been sucking up all the money. They have gone beyond millionaires, beyond billionaires. And they have done NOTHING for it.
You need an elementary course in real economics, Mr. Biden. You need to learn, or relearn, how an economy operates. With government regulation or without. With credit or without. With tax-funded social programs and without.
Yes, we need universal health care in this country. You and your colleagues who are stupendously well cared for probably don't have any inkling what it's like to worry every single day of your life whether or not you are going to be destroyed by a medical bill. You've seen the ads on tv, I'm sure, featuring the woman who had to put $17,000 in hospital bills on a credit card. What do you think happens to people who don't have $17,000 in credit available? What do you think happens to someone who finds out the cost of their prescriptions means they will have to do without groceries for a week?
More and more and more and more people in this country are being stripped of their jobs, and yet the banks are making billions. Why do you think that is, Mr. Biden? Where do you think all that money is coming from? Banks don't make money, sir. They move it around but they don't make it. Money, or wealth if you wish, is created by people making things and performing services that increase the value of other things. When banks perform the service of lending money so that more money can be created through real economic growth -- not the bubble-blowing inflation of values like we saw in the housing bubble -- then they are helping to facilitate the creation of wealth. But when all they do is suck in the money someone else has made, and do it with so little compassion and so much greed, that's not contributing to the economy; that's destroying it.
Government spending more money to avoid bankruptcy is stupid. Stupid beyond words.
Tansy Gold, who is NOT stupid
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