I would like to thank the 2 parties and all the voters who voted for them for our impending financial doom. We've known for decades that our out of control spending was unsustainable. We've even knew to a good approximation when it would blow up in our faces, shortly after baby boomers started retiring. Yet for decades the 2 parties continued their out of control spending because voters kept voting for them. Thanks voters. Thanks 2 parties.
Treasury Sec. Paulson's answers to questions about the Bear Stearns bailout and the falling dollar sound Orwellian to me. Our policies are driving the dollar into the tank, yet Paulson has the temerity to talk about a strong dollar as our future? Not if we keep bailing out bad investors. This crap about strong long-term fundamentals is a flat out lie being perpetrated on us by both parties. We're facing the looming financial disaster that may destroy America for good, and we've know it was going to happen around this time for decades.
Greenspan calls this the worst financial mess since WWII. That's why he retired. He knew what was coming.
Now the Fed is expanding its role as lender of last resort to not only banks, but to Wall Street financial companies as well. Here we go again. The government creates problems by taking power from the people, as the Fed created this one by holding interest rates artificially low, then it takes more power for itself to fix the problems it created. Socialism is a never-ending spiral to oblivion.
NATO storms court previously held by ethnic Serbs in Kosovo. This place in a powder keg.
China arresting dissidents in Tibet.
New Parliament opens in Pakistan.
After sitting in his pastor's racist church for 20 years and making his racist pastor an adviser to his campaign, Obama finally decries racist rhetoric. It's a little late.
The Cheetos cheetah has a dark side.
Richard Holbrook thinks he'll be Sec. of State if either Clinton or Obama wins, and probably if McCain wins too. This is the 2 party's idea of choice.
Monday, March 17, 2008
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