Tag Archives: Bailout

Spain- the leaden housing bubble now accused of sinking Eurozone economy

Another housing bubble and another huge bank bailout being demanded by the world’s superrich! And the working people being asked to take the blame once again, tighten even further their belts, and ‘cut back’ from their already low standards of living. This time its Spain; last time it was Greece; and before that Iceland. The superrich once again say that if the common folk do not agree to their forced diet (austerity program), that things will get even more horrible for them! But with an unemployment rate already at 25% how much worse could it get for the average Spaniard? And who will the superrich come to take down next after they put their murderous programs in place in Spain? Spanish Banks Need $46 Billion, I.M.F. Says in Audit

Petition Sallie Clark not to groom Lisa Czeladtko city council campaign

Conflict of interest, anyone? County Commissioner is one of those “low paid” jobs in local government which pays off hugely in graft money, if one is so disposed to take advantage of that opportunity, by voting tax breaks, zoning laws (enforced at Public Expense) and other Pork-barrel subsidies for the actual paying business of the Commissioner. Quasi-legalized Grand Theft would be a better word for it.

editorial note: There are lines even in Colorado Springs politics which should not be crossed. Such as paid representatives using their positions of power to influence elections. Sally Clark is an Earth-raping Fascist a Land Developer, part of the “in crowd” who destroyed the economy of the U.S., the entire planet and in particular Colorado Springs with their Ponzi-scheme federally subsidized Mortgage Ripoff. And who bought her position and vote not only as city council but as County Commissioner. Same as always Lisa Czeladtko is running for City Councilor of Colorado Springs Colorado. The status quo in Colorado Springs shows hatred toward victims of a poor local economy.

Former Colorado Springs City Councilor and current El Paso County Commissioner Sallie Clark is the campaign manager for Lisa Czeladtko.

Lisa Czeladtko has negatively criticized the New Life Church for having helped victims of a fallen economy in Acacia Park. Lisa Czeladtko has publicly demonized victims of a fallen economy.

Sallie Clark is acting as her campaign manager while serving as El Paso County Commissioner.

Sallie Clark must either resign as El Paso County Commissioner or resign as Lisa Czeladtko’s Campaign Manager.

Colorado Springs needs fair minded representatives on the City Council not those who express hatred toward toward people who were negatively affected by the downfall of the economy.

Furthermore let this petition serve as a notice that the whole world is watching Colorado Springs

There was a Richard Pryor movie long ago “Brewster’s Millions: an American excess story” in which the question was put, of a mayoral candidate, “Why would anybody spend 30 Million dollars to get elected to a job that pays a hundred Thousand a year? Answer: because he can steal it back, with interest”

While the campaign costs for City Council and County Commissioner here aren’t that large, neither is the actual pay for those positions. Since every man jack and girl Jill on either board considers or at least calls him/her self a “conservative” and with business ethics which start and end with Profit At Whatever Moral Cost, that leads to a (yet another) wide-open all-you-can-steal-buffet publicly funded trough where the Rich can feed.

Exact text of petition:

Please Resign

Greetings,

We feel that your efforts to help Lisa Czeladtko win a seat onto the Colorado Springs City Council are with hatred toward the victims of a poor economy in the Colorado Springs Area.

We the undersigned feel that it would be in the best interests of the people in the Colorado Springs and El Paso County Area if you resign as Lisa Czeladtko’s Campaign Manager and/or El Paso County Commissioner

[Your name]

Of course my take on it remains unchanged

The City of Colorado Springs worships as a demigod a former United States Army general who used his leverage as a certified Baby-killing Land Thief in the (for now paused) Genocide against American Indians with the sole purpose of taking the land… Used that leverage to get a GOVERNMENT SUBSIDIZED Railroad “free market enterprise” and used THAT position to get, from the Federal Government, and at taxpayer expense, sections (square mile blocks) of land and started the City of Colorado Springs on what is basically Real Estate Fraud, enforced by U.S. Cavalry rifles and sabres.

The aforementioned Acacia Park, which Lisa Czeladtko and others of her Fascist Ilk wish to make off-limits to anybody who doesn’t meet their criteria, largely based on income, for citizenship in Colorado Springs, or El Paso County, or the State of Colorado or The United States….

has at the North-east corner an intersection, Platte and Nevada, where they’ve got this humongous Idolatrous statue of the aforementioned Baby-killing Land Raping Thief which we, the Citizens, are required to worship with our tax money (it costs us to maintain their idol) and is an utterly ridiculous traffic hazard.

“At Smith-Barney (or any other thieving-ass Investment House temple-of-Mammon) we make money the old fashioned way… we hire scions of the Slave Class to join our armies and take the resources of other people and kill anybody who objects”

September, Fiscal Year, No Billion Dollars falling from the sky.

Budget time cometh. Three years ago, when Real Estate started to crap all over the economy, Rivera, our mayor for those who don’t speak Coloradospringsish… said that what the city needed was for a Billion Dollars to fall from the sky. That $42 Million he later turned down, because it was earmarked to stuff he didn’t think were priorities, like dinner parties for his Rich Sponsors to discuss how to redirect the rest of it to their bank accounts..
That would help a lot. But, it was “earmarked” so NO to the schools, the parks, the streetlights, the Cops and Fire and Ambulance, and especially NO to Bus Service. A bit of rumor hit my ears today.
Bus Service to be cut even further. Of course, any real announcement would be made after the election. When somebody else can take the heat, I suppose. The time frame spoken for the schedule, doesn’t even cover kids going home from school. Far less people who work a 9-to-5. So one more time the Working Class gets to bite the something or other in order for the Parasite Class to continue their Massive Theft Ventures.
I can almost understand Capitalists, Why SHOULD other people besides themselves get the goodies, and further, why should THEY, the ones who actually profit from Capital, Pay for the services only they get? It’s just not FAIR! Poor little Rich Bitches.
As for the ones who don’t profit from capital, as one third of Americans don’t, who work themselves further into debt because they’re not paid enough to cover the costs of producing their labor, we’re the ones who should pay the price for THEM to get services, and not them.

No, Citizen, it is our DUTY to support the Parasite class, for to claim a share of what we actually earn rather than feed it into the Greedy Maws of Capitalist Hogs and their sows and piglets… that would be SOCIALISM! and we all know that Socialism is purest evil. We know this because the Capitalists, who like the rest of us have never actually had or experienced a Socialist Economy on any more than a local level, pay spokes-freaks to tell us so.

There’s probably to be another rally downtown. Of course we know now, as we knew then, that the Arrogant Ones at City Hall won’t budget funds for anything but what makes their Rich Bitch buddies (and owners) richer.

One feels like Oliver Twist at the orphanage asking the docent for more gruel.

More people who do not muchly good speak the English tongue…

ren·e·gade ?/?r?n??ge?d/ [ren-i-geyd]
–noun
1. a person who deserts a party or cause for another.
2. an apostate from a religious faith.
–adjective
3. of or like a renegade; traitorous.
Synonyms: Traitor, Snake, Turncoat, Oath-breaker, Treaty Breaker.
 
John McCain on Press the Meat this morning, sponsored by a Wall Street Powerhouse, Edward Jones Investments. Lying his arse off about how he’s bipartisan on the Health Care bill when he joined every single one of his (R) Comrades in voting against it. Apparently in Renegade Republicanspeak, “Bipartisan” means the Democrats have to suck much Republican Ass.
Ran as a “Maverick” which doesn’t mean anything like “not one of the herd”, it means steers claimed by a notoriously lazy Texas free-range rancher named John Maverick. Who didn’t bother to brand or earmark any of his steers, just the lead cows. Any Steer or cow following them would be just a part of “His” herd. The Wall Street Bankers who sponsored today’s Lie-Fest, their advertisement “If you believe in the Renegade idea of face-to-face with your broker”

If you believe your Brokerage is “Renegade” and still deal with them, you really need to deal with the fact that they’re going to rob you blind given any chance.

McCain’s running mate was an idiot from Alaska who also didn’t speak English, and didn’t know the duties of the job, told a group of schoolkids that it was to “help the senate make laws”. Yeah, right.
People who don’t know the basis of American Law, the Constitution, shouldn’t presume to MAKE Law.
She also runs with a group of Straight Up Racist Pukes who insist that English be not only the official language of the United States (we don’t have an official language, by the way) but that it be the ONLY language spoken. They wish to bring the days back, when Immigrant kids, or Native American Kids, or Native-American-Kids-Whose-Names-And-Primary tongue are Spanish and whose families were not only here during the Spanish territorial days but Many Centuries Before an Italian Mapmaker who had never been to America, Amerigo Vespucci, put his name to two continents and a bunch of offshore islands (Actually the islands FIRST)… These kids, even in the 60s when I was first going to school, would be Punished for speaking their non-english languages on school grounds or even the school bus.
The more radical members of “English First” would have it that people not be allowed to speak their own languages even in their own homes. They say that not having English as your first tongue hinders your development in school. Where they get that tainted statistic is beyond my ken.
The largest population who don’t graduate High School and more importantly don’t graduate Primary School are people who don’t speak ANY language other than English, and that very poorly.

This kind of outright Jingoistic Stupid Racism would give that freak on the bus (and there’s always one at least) who demands that two Spanish speaking or Polish speaking or Navajo speaking kids (actually it’s a dialect of Athabascan, and a common second tongue to most of the tribes in the Southwest) “Talk English, you’re in America, Talk American”…

It would give those Freaks legal power to not only have you thrown off the bus but also arrested for “hindering public transportation”. Which is part of the so-called “Patriot” Act.

Which is another treaty (Constitution) breaking law the self-styled “Renegade” from Alaska and the “Maverick” from AZ support with all their Fascist Zeal.
Their supporters will no doubt insist that they’re not racists. They will at that point be once again LYING. It’s what they do the Very Best.

Maverick the Rancher at least wasn’t a rustler, so his Steers, (a bull with its Testicles removed at about the age of two weeks) were generally recognized as his.

Obama to bankers, ‘I’m saving you from the pitchforks!’

pitchforks at the gateWell there you have it from the horse’s mouth, Obama is not trying to save you, me, and all the other poverty stricken louts! He’s trying to save the bankers from us coming at them with pitchforks! He’s willing to give them trillions of $$$, too, to help them out. Money that the louts will eventually be paying off for the bankers. See Inside the Obama-Bank CEO Meeting

Obama laughed along with the rest of the CEOs, before listening to Lewis get to his point: he wants to pay back Troubled Asset Relief Program funds.

“My administration is the only thing between you and the pitchforks,” Obama said.

Protecting thieves is a criminal act, Mr. President. Helping drive the get away car is, too.

But in this case, it is the President of the US and US bank officials driving the car! This is the greatest bank robbery in history
and the liberal Democrats are letting them get away with it, too. They just don’t seem to have the smarts to figure out what’s going on? And they’re too busy pointing fingers at others as they’re led by their noses!

Stop bailing the banks out and nationalize them, Robbing Hood

Robbing Hood$173 billions of taxpayer money given to just one financial company, AIG! Thanks, Obama, you’re really doing great here. What has the American public gotten for this travesty of economics, as Obama and Bush (the Democrats and the Republicans) have taken from the poor and given to the rich?
 
Why, they have gotten absolutely nothing. Who has gotten anything besides AIG?

‘The Wall Street Journal reported on Friday that about $50 billion of more than $173 billion that the U.S. government has poured into American International Group Inc since last fall has been paid to at least two dozen U.S. and foreign financial institutions.’ See Reuters… Who got AIG’s bailout billions?

What is this? Is there some sort of competition between American conservative loonies and America’s liberal loonies going on? Why don’t Americans call for nationalizing the banks since obviously the Feds can’t get the job done without all sorts of money being stolen from the poor? Enough of these Robbing Hoods! It’s time to nationalize the banks.

Crisis may be worse than Depression says Paul Volcker

Paul VolckerCrisis may be worse than Depression… What?! A moment of honesty at last? Many ‘financial experts’, as the corporate media always likes to term them, have been predicting their American recovery moment to begin the last quarter of 2009 or the first quarter of 1010! And now Paul Volcker plays the party pooper?

Of course this depression will be worse than the ’30s. You guys helped destroy the ecology of the Planet with your expansion without soul, Paul. There’s certainly plenty of real work that needs to be done, yet no way to actually do it with a world capitalist economy still in place. So we’ll get unemployment instead. And a trashed out Federal budget thanks to Obama and comrades. Debt, debt, debt….

District 11 Colorado Springs cutbacks get to rolling

I went to one of the District 11 cutback hearing meetings where the Administration pretends to solicit community input for decisions they pretty much already have planned to make, and shared the auditorium with about 700 other concerned but utterly confused folk. It’s cutback time here in the city since the School District put itself in a very deep hole taking out loans whose interest payments now eat up huge chunks of money.

At a little over $63 million interest service on loans per year, that adds up to 1/2 billion dollars over every 8 years by my calculations taken from the School Districts own data. See my earlier comments about these figures on the commentary here about district 11 school district corruption

One half billion dollars every 8 years in debt service? Good grief! One would think that it would get mentioned by somebody at least at these meetings, and it was fully my intention to bring it up.

In fact I did, as I was being kicked out of the school with my big sign that said… DISTRICT 11- GRADE F I was told that no signs were permitted on Private Property by the ten or so cops on the scene. What the Heck?

“I thought my kid was getting a public education,” I responded.

But in a country where torture is legal and legalisms are torture the public in this case is classified ‘private’ per the cops! When I try to take a sign into the City Council public meetings they tell me I can’t do it because it’s public property. That’s America for you, isn’t it? You can’t do it on public or private property, either one, if it has to do with Free Speech. Amazing how so few people actually know that about our Fantasy Land though! They seem to think that we’re in the land that guarantees that Free Speech flourishes! Not exactly, Folk. I had to put my sign away and then try to sign up as a speaker. I did and never got to speak.

So no signs, no flyers, no nothing. That was my 3 hours spent in the auditorium. You see, handing out flyers with info not controlled by the D-11 administrative team would amount to giving them actual input, the parents input, and the teachers input. But D-11 merely wants to pretend that it is asking for public input, not actually get it. I almost got arrested for clapping for one speaker while standing up! That”s how tightly run this charade actually was. I kind of feared getting tasered but merely got ordered to sit down instead! It was a super mannerly assembly.

I really ran into trouble, too, there when I said I was ‘pissed off to an Administrative type in the John, who then lectured me on language! He didn’t seem upset at all that the public was pissed off though, just that I used bad language! He looked so horribly angry at me… He and I were the only ones in the John.

Colorado Springs is just that type of city though with just that type of people. Many of those speaking said that their schools were just fabulous and that the District should close some other school down instead. The meeting was not exactly solidarity forever… lol… It did seem like boredom forever though. What a charade. We all love our schools..blah/blah/blah.

Jerry Heimlicher, Council Member District 3 got to speak next to the last one allowed, and used his time to say that he wanted to be a good partner with this school district management that is refusing to ‘fess up to the real reason they are putting up to 8 public schools on the chopping block. See More details on D-11 restructuring plans Good Ol’ Jerry, wants to play the team player with everybody since he’s always the consummate play liberal politician in town.

I caught Jerry going out the door where I verbally asked him why he didn’t expose the interest servicing that the School District was hiding away from telling the public about? After all it is the real reason for cutbacks being made, and not the pretend reasons which can be found here… ‘If your child goes to a District 11 school, that school could soon be closing. The district is looking at closing at least eight schools and re-configuring several others. They say lower enrollment and budget cuts are to blame.’ …at KKTV Parents Weigh In On Possible District 11 School Closures See how D-11 forgets to mention that $63 million per year servicing of debt interest payments that are the real cause of the distress?

Jerry said that he didn’t want to talk to me about it, and stiffly headed towards his car. Shame on all of the D-11 administrative hacks, and shame on Jerry Heimlicher too for covering up for their crooked asses! The children will suffer because of the banks pulling off this gigantic haul, and this is just the beginning of the school cutbacks that will be coming our way most soon enough. The city too is already cutting services, and the layoffs are a coming. Who’ll bail the people out? All we have are cons in office these days.

Noted American economist says entire government ‘Bailout’ strategy is flawed

Buffett throwing dollarsWell what do you know? Noted American economist, Joseph Stiglitz, says that the whole US government ‘Bailout’ strategy is seriously flawed! I never would have guessed it, would you? I thought that throwing $$$ TRILLIONS of paper money at the problem probably would work, but now I’m just not so sure? Hold the presses! Is the Entire Bailout Strategy Flawed? Let’s Rethink This Before It’s Too Late Yes, Please…

The Democrat Party’s magic math

magic mathUS House passes economic package without a single Republican vote reads the Headline. The Republicans also have their own magic math ‘economic recovery’ giveaway for the super rich, but they are smart enough not to be caught together with the Democrats ‘winning’ now, but later to be caught by the public holding the burglary bag of new national debt created! They can say they ‘opposed’ The Grand Give Away, and they will have, too, since they were not in charge of doing it their way.

So let’s take a look at how the Democrats are using their magic math to try to deceive the newly going-to-be-unemployed/ underemployed.

In 2008, 2.6 US jobs were lost. This year the loss will be 3 million or more per relatively optimistic forecasts. Barack Obama’s most recent victory in the House called for spending greater than $800 billion to create what he says could be up to 4 million jobs (his words, not mine). Wait a sec? Then where will all the other money be going to be spent?

Let’s imagine these new jobs paying $20,000 per year and times that 4,000,000, shall we? That’s only $80 billion and the Feds could just give that money away to these 4,000,000 happy theoretical new workers for 10 years for a cost of 800 billion? Is that Obama’s plan? No, it is not. He is not even going to create 4 million new jobs for one whole year with that $800 billion of tax money obtained, and where will that money come from anyway? Eventually it has to come from public taxes.

But wait a second now? Most of that money will actually go to financial bailouts of institutions going under, as the Federal Government takes on their bad debts AND their top execs’ ill gotten profit making, all bills now due. The government will be ‘giving’ with one hand (a little to the small fok, and a much greater amount to the really large folk) and taking away yet more with the other hand, and almost all of that to be taken coming out of the small folks accounts! And then there will be the interest to forever pay back…

So this whole new Obama game plan will become the financial re-foundation of the New World Economy restabilization? Hardly! It can only be the new foundation for a total disintegration of the entire US national government into having to make foreign debt payments for an eternity. Forget the mirage of 4 million new jobs which is nothing more than a sugar coating for the Grand Theft. It’s not icing onhte cake but the cover-up for the theft!

It is increasingly becoming clear worldwide, that the business community has no real answers for anything these days. All problems the world faces are without current economic leadership having any real solutions to propose. They are simply glued into The System and the System is simply glued into one of its gigantic and periodic downturns. And since the Chinese and Russians are now glued into that System themselves, they have little to nothing constructive to offer as alternative either. In fact, their world looks even grimmer than ours does.

Now here’s the real math from Barack Obama… New bank bailout could cost up to $2 trillion: report from the Wall Street Journal. I thought these were the fundamentalists who were utterly opposed to just throwing money at problems? I guess not. And after the thrown money fails to solve anything, then what? Well it might come down to many people wanting to hang Obama in a couple of years? Why? Because then all there will be is a huge governmental debt on the $2 trillion spent, and a still totally dysfunctional economy. Beware the man who’ll leave you with just small change. It’s still welfare time for the elite guzzlers of that most important commodity.

The good news for America’s economy!

good economic news
For the year 2008, the Dow fell 33.8 percent, for its bleakest year since 1931; the S&P skidded 38.5 percent; and the Nasdaq posted its worst year ever, with a 40.5 percent drop. That’s the good news!

Capitalist world stocks as a whole did even worse, falling more than an average across all countries of slightly more than 43% in value. Wall St closes out worst year since Depression Some countries, including China, did yet worse (over $3 trillion in losses) from the paper stock exchange values at the beginning of 2008.

So is there more good news for America’s capitalist economy this year? YES, that would be the election of Barack Obama and Obama’s commitment to carry on the US military-industrial welfare system exactly as before. War is the growth part of the world capitalist economy and Barack is committed to keeping the ball rolling right along! You can transfer economic collapse to foreigners easier with a big military on hand to enforce that! Aren’t you glad you live in America?

Look? If you are a hardworking and fearless man with a gun, there is always military-security-policing work out there, and especially in economic downturns! Hospitals are actually closing down in parts of the US, but the police force merits the best!
Don’t look for their supplies and numbers to go down. Likewise, there is always some place needing occupation, and the Pentagon clearly will have the lobbying power, with operatives like Lockheed backing them up, to get what they need to make their world safe! Corporate Security…

So don’t get down on economic prospects (most good Americans aren’t!). Have faith! Go with the guns is my economic advice for 2009. More growth is expected ahead and bombs are where it’s at! America’s got them, too, so there really is no reason to feel so grim about the near future!

The Bail Us Over into Deep Doo Doo Bill has just been passed

In a no surprise vote, the House has just bailed the American people into a deep hole. The ‘new’ legislation of give away was even worse than the first one attempted, with even extra pork added on. In short summary, good money has been thrown with bad, straight into the hands of those needing the money the least. House backs $700bn bail-out plan

Stocks briefly will fly up again, oh so Whoopee! What is left ‘unbailed out’ is the private debt held by tens of millions of Americans who are now losing their homes and jobs. Instead of assistance, they will now be helping bailout the big guys as the Federal Debt shoots up alongside their own. What a prescription for total disaster! Bushels of bale for the rich kleptocrats and the rug being pulled out under from the needy.

The Stripped Women of Wall Street

bush and bunnyLeave it to the Capitalist System to find new and innovative ways to exploit people! Playboy looks for bare market on Wall Street
 
Now isn’t that just so cute? Fleeced bunnies for newly unemployed male workers to jack off to! Capitalism always has such a can do attitudem and it’s just great because the US economy definitely needs some real stimulus.

Credit crunch is a symptom of US economic malaise, not the cause of it

Texas A and MTaxpayers gifting the rich with $7,000,000,000 will not stop the coming capitalist depression at all, because it simply does not address the root causes of anything. We have been told that this crisis is merely the fault of toxic debts piling up from an American ‘housing bubble’, which happened due the crookedness of a few bad apples. Yes, its true, they add a few more details to this sob story but that is essentially all there is to the story line, with none of the American corporate ‘leadership’ class taking any personal or political responsibility at all. That is not too surprising about these moralizing immoralists at all. It is par for their course.

But the root cause of the capitalist downturn is about much more than a credit crunch cause or a real estate mortgages beginning the collapse. It is actually about the deficit military spending that corporate America has led us into with their stupid and asinine wars against shadows of their own making. Despite the destruction caused on that fateful day termed ‘9/11’, it could have been nothing more than a temporary and unfortunate side show for our country, but instead it was seized on by the military, policing, and corporate communities to justify skyrocketing their budgets, incomes, and profits. They went on a borrowing spree using foreign credit!

They did not buy anything of real value or substance though, and they progressively bankrupted the bulk of Americans by doing their borrowing, all the time while waving Old Glory and talking of American pride and national security, which they were busy undermining. ‘USA, USA, USA’ became the cry of the dunces they had marching behind them. They tortured not only Pentagon held POWs, but the American soul itself. The big guys total control over political life is what got us down into the pit.

Now, the only economic ‘security’ left for Americans is in the seeming ability to drag others down economically with us. Since we were such fat consumers here in the land of milk and honey, many depended on supplying us. However that market is about to collapse. Add to that that the whole world is left holding much of the valueless paper that our ruling class force fed to them at guns length. And, of course, we still have the biggest arsenal around. That almost makes our Federal Government just like any insane neighbor with an insanely huge gun collection, but barely living while dependent on food stamps to eat some fast food Chinese once and a while. Sarah and Dick to go hunting with perhaps?

Look around? The American auto industry just asked and got close to $30 billion in ‘bailout’ loot, too. It’s about to sink. And the biggest economic sink of them all is about to sink in the days ahead, also. Quite simply, our military is not sustainable. That is the cause of our economic malaise, not the housing market getting squeezed. All industry and finance got dragged down together in mass, and not just car sales and real estate.

The idiots of our country continue to want to wave the flag. They continue wanting to pump borrowed money into fighting unnecessary foreign wars like it is all some sort of crazed football game being played on the pro level! They like that corporate logo of Old Glory just as they do not mind all the corporate advertising hanging all over the place at the stadiums they hang out at weekends. They like the political and corporate cheerleaders, same as they like the young coed types with bonbons. at their games. This is their None Entiendo game done ever so Grande. Beep, beep, beep beep… Fireworks display!

The root cause of the economic downturn is deficit spending and deficit thinking by our neighbors, especially so in our White Conservative Christian neighborhoods, church on every other block. To sum it up, throwing $700,000,000,000 of tax money at the failed businesses solves nothing. It’s like throwing more weight on that old football bonfire.

Remember that collapse of the Texas A&M bonfire pileup several years ago? That’s the type of thinking America has on board at present. The economic bonfire stack is merely being set for collapse with this stupid bailout that they will eventually put through, because our nation is too dumb to have stopped it when we could. That picture of the Aggie bonfire before it collapsed is just like the Federal deficit debt pileup that is due to come crashing down on all of us. They constructed it out of vainglory.

Democrats push Bush Treasury giveaway to super rich while Republicans block it

What can be more pathetic and abjectly servile than the Democratic Party seen pushing to pass Bush’s bailout of the bankrupt private sector with public monies, while the Republican Party itself blocks it? And the Republicans are the minority in both the House and Senate, too! See the Denver Post’s GOP rebellion stalls bailout and Reuter’s White House calls in big guns as bailout battle rages Yes, the ‘big guns’ are being turned on the Republican Party resistance and not any resistance from the Democratic Party which is rolling over and playing dead for Bush once again.

Expect the same politics if Obama gets in the White House, since the Democrats are the party of the super rich just as much as the Republicans are. Despite all the pretense of supposedly opposing neocon programs, the Democrats are on board. The financial shenanigans and criminality of Wall Street and the DP response to them is just one more case in point. The Democrats are out to bankrupt the US Treasury arm in arm with Bush and Cheney.