Thus, in the latest charade, we have this:
After presenting plans to Congress Tuesday that detailed how they would use loans to return to profitability, each company warned of tremendous damage to the economy if they are forced to file for bankruptcy due to lack of help.
In prepared testimony in front of the Senate Banking Committee Thursday, Mulally quoted an estimate from Goldman Sachs that said the impact to the economy from failures could be up to $1 trillion.
Be afraid. Be very, very afraid, don't think too much (if at all) and, most critically and which is in the nature of an absolute commandment, don't trouble yourself with the long-term consequences (which is to say, more than a month or a year ahead, and certainly not beyond the next election cycle). Just print up huge bundles of new, non-existent money now (non-existent in the sense that it has no connection to anything tangible that actually exists, and represents only massive future debt), and hand it over to the latest members of the ruling class with greedy hands extended.
Always remember: in our corporatist-authoritarian system, the ruling class always wins. You, the "ordinary" American who works and pays taxes that maintain the ruling class in its immense wealth and power and expand that wealth and power still more, always lose.
Will it work? Don't be idiotic: of course it will work. There's a lot more blood remaining in your carcass. And the vampires are exceedingly hungry.
The feast of the vampires has barely begun."
powerofnarrative.blogspot.com |
