Economic Weapons of Mass Destruction
Rolling Stone: The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution
It’s over – we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline – a corporation that got rich insuring the concrete and steel of American industry in the country’s heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.
The latest bailout came as AIG admitted to having just posted the largest quarterly loss in American corporate history — some $61.7 billion. In the final three months of last year, the company lost more than $27 million every hour. That’s $465,000 a minute, a yearly income for a median American household every six seconds, roughly $7,750 a second.
Enough! Wake the fuck up people. These greedy pricks are robbing us blind. LET THEM FAIL! LET THEIR VAULTED FREE MARKET WORK! What a bunch of slimy hypocrites. Those idiot Democrats haven’t even had the ship three months and they’ve already run it up on to the rocks and they’ve all left, mucking their way back into the swamp.
CHANGE? HOPE? Please. Obama has either broken or “qualified” his promises to the point where they don’t matter anymore. Remember those mighty wind speeches about lobbyists and corporate influence in Washington? Well Obama pulled this really cool lawyer “instrument” out of his ass called a waiver! Yeah. you guessed it. Sorta like Bush’s Presidential column notes on legislation. Basically, I don’t have to follow my own policies on this person.
Explains how two of the RIAA’s former top lawyers ended up in powerful positions in the Obama Justice Department. So much for copyright reform? NO CHANGE HERE!
And the lasts deluge of bailout cash for the living dead financial sector clearly demonstrates that Obama is absolutely overwhelmed and completely out of his element and area of expertise. Sure he says he reads a lot on 60 Minutes – so do I but that doesn’t make me a rocket scientist!
The financial crisis will continue I suspect for much of the next four years. It has been hijacked by the rich and powerful and is now being used as an economic weapon of mass destruction – “We’re too big too fail!”. And until the free people of the world rise up and bring a halt to the ongoing destruction of generations of gains and opportunity this world will surely see a new dark age, unlike any the world has seen before.
Ok now back to mall with you. We have an economic recovery plan and everyone must do their part. The rich and powerful need to be bailed out so they can lend you even more money you can’t pay back so you can but even more shit from China you can’t afford so we can all meet back here in 10 years for the next great bailout!