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If you invent money and introduce it into an economy, that doesn’t matter (WRT impact on human lives) as much as where you insert it in the food chain.
It seems criminal (AS HELL!!!1!LOL) to bail out one class of debtors while throwing another class of debtors to the wolves.
If you give the bank monies in an amount equaling the cost of the defaulted mortgages, effectively paying off loans designed to fail, why can you not give the same amount of money to families in financial crisis with the stipulation that they use it to pay off their sub-prime home loans?
The bank ends up with the same amount of money either way, but fewer lives get ruined in the process (poverty kills, mofo!).
If I’m wrong, I’m wrong, but please, somebody splain this to me.
Oh right.
My bad.
A nation of happy, financially secure families creates conditions less conducive to the rise of fascism, and thus, is bad (for fascists).
Tags: brutality, capitalism, cheaters-always-win, conspiracy-theories, corporations-will-be-the-end-..., cronyism, culture-wars, douchebags, fucked-up-shit, lies, opinions...i've got some, over-the-top, porn, quit acting like a douche, surrealism, the stupid economy, the-truth
Posted by Bob on 22 Sep 2008 at 10:55 am
1 Comment »
Tags: a-series-of-tubes, al-gore, alternative fuels, be-cool-bitches, Bill-ORielly, bush, capitalism, cheaters-always-win, cheney, China, corporations-will-be-the-end-..., cronyism, culture-wars, democratic national convention, election, environment, fascism, flags, global-warming, hillary, mccain, nationalism, neo-cons, new-patriotism, news, obama, opinions...i've got some, patriotism, politcs, politics, quit acting like a douche, quit sucking, racism, religion, religion-crime, Republican national convention, republicans, revolution, Sarah Palin, science, skrulls, stop the madness, the internets, the-constitution, they hate us for our freedom
Posted by ryan on 15 Sep 2008 at 01:03 pm
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Probably one of the least-used lines of attack by the Dems (in this, uh, expert’s opinion) this campaign season has been to attack the rampant cronyism of the Bush Administration, most obviously exemplified by the Mike Brown/FEMA fiasco. Well, it looks like Sarah Palin practiced some of the same Good Ol’ Boy (er) up there in Alaska. I know what you’re saying: NO! From the state of Ted Stevens?!.
This paragraph from that ol’ liberal rag, The New York Times, is perhaps the most illuminating:
So when there was a vacancy at the top of the State Division of Agriculture, she appointed a high school classmate, Franci Havemeister, to the $95,000-a-year directorship. A former real estate agent, Ms. Havemeister cited her childhood love of cows as one of her qualifications for running the roughly $2 million agency.
Hat tip to (I can’t believe I’m saying this but these are the days we live in) Andrew Sullivan on this one.
Tags: bush, cows, cronyism, FEMA, mccain, palin, politics, Sarah Palin
Posted by Lucas Jensen on 13 Sep 2008 at 05:46 pm
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