Stilgherrian » john taplin http://stilgherrian.com All publication is a political act. All communication is propaganda. All art is pornography. All business is personal. All hail Eris. Vive le poisson rouge sauvages! Sat, 30 Aug 2008 02:17:54 +0000 http://wordpress.org/?v=2.6 en © stil@stilgherrian.com () stil@stilgherrian.com() 1440 Live Internet broadcasts from Stilgherrian. All publication is a political act. All communication is propaganda. All art is pornography. All business is personal. All hail Eris. stil@stilgherrian.com No no http://stilgherrian.com/wp-content/uploads/2008/05/sla_144w.jpg Stilgherrian http://stilgherrian.com 144 144 The $400 Billion Gift http://stilgherrian.com/politics/400_billion_dollar_gift/ http://stilgherrian.com/politics/400_billion_dollar_gift/#comments Thu, 13 Mar 2008 19:02:01 +0000 Stilgherrian http://stilgherrian.com/politics/400_billion_dollar_gift/ Catching up on news from earlier this week, I’m astounded to read the real reason the US stock market rallied: “The US Taxpayers just lent the Biggest Banks and Hedge Funds in New York $400 Billion in exchange for ‘mark to market valued’ sub prime mortgage securities that are probably nearly worthless (being so far down on the claims chart in a bankruptcy). This is a ’silent bailout’ of the Republican’s biggest contributors that is going to be much more expensive than the S&L Rescue package of the early 90s. At least Bush Sr proposed the S&L bailout in the sunlight. Bush Jr, Paulson and the Fed are doing the bailout without asking our permission. What does ‘pork barrel’ John McCain think of this corporate welfare?”

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