Didn’t mean to post two XKCDs today, but this hit the nail on the head perfectly. The bonuses are vexing as hell, but not even a drop in the bucket of this free money we are giving people WITH NO STRINGS ATTACHED. We blindly hope that they won’t fuck us over just to make a [...]
Kentucky Senator Jim Bunning called the bailout “Unamerican”.
Now, if you don’t believe the bailout will work, that’s one thing…but I can promise you that only the rich care if it’s “American” or not (whatever that means). People losing their homes or 401Ks don’t have that luxury.
Btw, Bunning is a Republican, of course. The [...]
I’m watching CNN do an interview with Jim DeMint, the Republican Senator from South Carolina.
They asked him about what the government should do instead of the bailout. His answer was bizarre. Basically, his stance is that government continues to be too involved in the free market. We should cut corporate taxes and capital gains taxes [...]
Think Progress » McCain: I’m glad I deregulated Wall Street.Yes, thanks John. We really needed that deregulation after those horrible, lean years under Clinton from 1992 to 1998.Jeez, man, are you going to be just like GW and be unable to admit to a mistake???
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For those of you keeping track…
We could have sent $200000 to 3.5 million homeowners, allowing them to keep their homes and avoiding this whole thing.
But since any given person losing their home doesn’t matter to the powers-that-be, that didn’t happen.
Politicians deserve the shitty reputations they get.
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