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?”
Word-whore. I write 'em. I talk 'em. Information, politics, media, and the cybers. I drink. I use bad words. All publication is a political act. All communication is propaganda. All art is pornography. All business is personal. All hail Eris! Vive les poissons rouges sauvages!