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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: NOW who wrote (86580)9/25/2008 2:21:26 AM
From: benwood8 Recommendations  Read Replies (2) of 116555
 
tooearly, it's simple:

There's a huge segment of society that believes it is just plain wrong to help others in need, and that's what paying the mortgages amounts to. I've seen it in my kids school, where fundraising is avoided if it will benefit too many kids in need. I couldn't figure this out for the longest time, but it is a very deep animosity towards people of lesser means.

And here we have the grandest example of all. While it may be completely unacceptable to do something with hard earned tax dollars to benefit somebody in real need, it *is* OK to hand over hundreds of billions or trillions the very thug class that has nearly brought down our country.

To see Bush stand there and say the same stuff in the exact same way as he promoted the invasion of a sovereign nation, Iraq, and not have our collective guts clench from realizing that, by god, we are being bamboozled again, and to be so pathetically weak and unimaginative that we roll over and say, please be gentle, I must say we are getting what we deserve.

Or if not, we are getting what Congress and the Administration believe we deserve.

The millionaires and billionaires at Goldman Sachs are certainly getting what they feel they deserve. A trillion dollar mulligan off the backs of what can perhaps best be described as slaves of the new American Century.
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