Now that the Fed has chopped interest rates (and will chop again, not that it's going to translate into lower rates for consumers) and they pumped $200 billion into Wall Street, I'd like to know where exactly the so-called free market/industry self-regulate people are. Where are they? They're all at the front of the bloody line calling for more handouts. When Democrats ask for money for SCHIP or food money for the poor or unemployment extensions, all we hear is about cost. What is the matter with Democrats? Is it so hard to scream and yell like the GOP? Why are they so silent on this bailout? Even the homeowner bailout is a pittance compared to the Wall Street bailout.
To show you what frauds the Republicans are, look at how we raised a $200 billion "loan" that uses the garbage subprime papers that nobody in their right mind wants anyway. Debate? Hell no. Just "poof" out of the blue sky, here's a bailout and a healthy loan to Wall Street, which won't be enough anyway. How is it that the "free market" crowd is suddenly nowhere to be found during this crisis?
Sunday, March 16, 2008
But the rich are so much more important
Than the poor...
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