Liveblogging The Senate Banking Committee Showdown! (Wonkette)

[chill_wind]

Liveblogging The Senate Banking Committee Showdown!


Oh hey Hank Paulson is talking to some lawmaker types, and a reader wrote in and was like, “Could you liveblog this?” and we thought, aw hell, we have already ripped all the hairs out of our ears and marinated in salt this morning, so why not engage in the last unpleasant activity available to us. How many drawers are being soiled in the Senate Banking Committee right now? Let’s check it out!

11:49 AM — Just a few minutes ago Hank Paulson looked like he was seriously going to lose his shit. Now he’s just sitting back while Christopher Cox explains “naked short selling,” which sounds a lot more interesting than it is.

11:52 AM — A family of squirrels has moved into our roof and they are just goin’ nuts right now, making crazy chewing and squeaking noises, and when you yell at a squirrel “STFU I have to do a LIVEBLOG” they have no sympathy for you, at all.

11:53 AM — Now Bernanke is explaining “hold to maturity” pricing, which also sounds titillating but has nothing to do with Barack Obama’s radical sex-ed plan. Ben Bernanke has a pleasant face. He is the only person up there who does not look like a starving ghoul.

(....)

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Schuler’s got his jacket off. He means business.
But his shirt is lavender, so maybe, business AND pleasure.

Also, good point Chuck. Why SHOULD the taxpayers bail these heels out?

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tronches–what the hell is that? tranches? They’re speaking freaking French now.

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Not that I’m bitter, but I want to see finance executives flinging themselves off high rise building with no parachute, golden or otherwise.


(more)

http://wonkette.com/402945/liveblogging-the-senate-banking-committee-showdown#more-402945

[Peace Patriot]

1. Not "bitter"--just kind of old fashioned, nostalgic....

"Not that I’m bitter, but I want to see finance executives flinging themselves off high rise building with no parachute, golden or otherwise." --Wonkette

I remember somebody or other, current era, I think, can't remember who, where or when, said something to the effect (maybe it was during the Reagan junta), that if some fascist fuckwad, or fuckwads, had fucked up that badly, they would feel honor-bound to commit hari-kari, if they were in Japan.

Failed S&Ls?
Selling arms to Iran?
Using the money to kill Nicaraguans, expressly forbidden by Congress?
Star Wars?
"You've seen one redwood, you've seen them all?"

Fast-forward:

9/11? (--biggest fucking fuckup of all, so fucked up it can't have happened)?

Wrong country, wrong war, one million deaths and $1 trillion later?

And now, the deliberate, highly preventable crashing of the United States of America, unto the 7th generation?

----

I'm with Wonkette. In 1929, the rich and the poor shared the pain--and some of the rich jumped out of windows because being poor was too painful. Today, the rich walk away with $700 billion, FOR STARTERS--off into the yellow Chinese sunset for investment opportunities. And the poor...?

Ach!

Well, I told y'all so, when y'all were crybabying around about a nazi police state. These guys are short-sellers. They're in it for the looting. They are NOT building a mighty industrial war machine to straddle the world with nazi boots. They can't even keep steel in the country. It's all going to China. Their Fatherland Security laws have all been aimed at, a) corporate spying/sabotage (items like getting Elliot Spitzer out of the way), and b) covering their butts--then they're outa here.

Pain we are not going to see. Honorable hari kari we are not going to see. Cuz there ain't nothing honorable about what they've done, even in their own terms. Nothing they have done--NOTHING!--has been to "keep America safe." They are THIEVES. They are not even decent robber barons. They are not building anything. They are not making automobiles and railroads and freeways and hydroelectric dams. They have no other purpose but cashing out. Brigands, pirates, THIEVES! Not to mention TRAITORS.

[chill_wind]

2. Preach it! I'm taking it real personal.

I have from the very beginning. Eight short years ago we had a surplus. They've brazenly stolen from me, from my children and my children's children.