Archive for September, 2008

Liars and truthtellers

We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself.

– Republican Party platform, 2008

It gets worse. If Congress should be so destructive as to buy out $700 billion of bad loans (for starters), the sellers will do just what Russia’s kleptocrats did. They will take their money and move it abroad to a “hard” currency country. This will help collapse the dollar. Up will go gasoline costs and prices for other imports. America will be turned into a Russian-style post-Soviet economy, having endowed a new domestic kleptocracy of insiders, who use some of their gains to finance the campaigns of American Yeltsins such as McCain.

– Michael Hudson, The Insanity of the $700 Billion Giveaway (Counterpunch)


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Oh, and fuck you too, Obama

Et tu, Barack?

You’re gonna let despised, discredited goons and fraud artists like Bush and Paulson lead you, too, around by the nose?

Jesus, I feel like John Book in the movie Witness, where he’s first hit with the realization that his trusted boss is in on the criminal conspiracy and a murderer to boot. John Book is completely on his own.

But where the hell is our Amish enclave to hide in?

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Well, so much for my tiny shred of ridiculous optimism yesterday. I might have had a clue at seeing these worthless dem fucks being willing to even go near the steaming turd of fascist, textbook shock-doctrine thievery that Paulson dumped at their door. And then watching them accept delivery for it and take it to the kitchen, promising to make it palatable if not yummy. And actually agreeing with Paulson’s punkass threat that no one anywhere will have any money ever again, starting next week, if we do not somehow ingest this turd – RIGHT NOW.

NO, you collusionist, vichy, quisling, sell-your-children-for-a-nickel, disgraceful, potemkin fucks. NO is what the people of this country fucking say. NO. NO. NO. NO. NO.

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I steal this jaw-dropper from SusanG in its entirety:

Remember when kos asked:

I want to know why $700 billion. Why not $100 billion, with Treasury going back to Congress when/if it needs more? Why $700 billion?

Well, now we know:

“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

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Wow, imagine that. The American populace – despite eight years of being drugged, threatened, assaulted, robbed, and left for dead in a car trunk in the wake of its fateful blind date with seeming fun guy George W. Bundy Bush – is actually awake, aware – and fucking pissed. Bigtime.

You could actually feel it in the Senate Banking Committee hearing yesterday, in which a generalized beatdown was administered to would-be King of Everything Paulson. For the first time in a long time, the sense of an extremely angry citizenry was palpable in a congressional hearing room and in the voices of U.S. Senators. Could it actually be that Rove/Cheney’s shock-and-awe has finally lost its mojo for the final smash-n-grab?

Oh – but you HAD heard, Joe ‘n Jane Sixpack – this whole money mess, it’s really all the fault of Teh Blacks? Yes, this seems to be a big emerging Fox News talking point. Unbelievable. Even as Bush-Cheney’s radical, reckless, insane, ruinous kleptocracy is exposed for what it is, with unforeseeable consequences for us all far into the future, the very first thing these despicable fucks reach for (after your wallet, one more time) is the racist dog whistle to cover their own thieving asses. Not that anybody should be surprised, since it’s what they do and it’s all they’ve got. But just – damn. To steal a line from Huck Finn, these people are enough to make a body ashamed of the human race.

Meanwhile I think I agree with bernhard over at MoA on his simple solution to the imminent Credit Default Swaps tsunami – simply declare all CDS’s null and void. Suck up the short-term pain and put a stake through the heart of this monster.

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Everybody in the country needs to watch this entire thing. (It gets really good around 2:25.)

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From Democracy Now headlines, 9/22/08:

Army Unit to Deploy in October for Domestic Operations

Beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations. The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds.

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