Tuesday, September 23, 2008

This Bailout is a False Idol

Utter bullsh!t if you ask me. Why are the rich people so against welfare handouts, yet so willing to ask for them? So let me get this straight: we can’t afford to insure the uninsured, the people with the least in this country, but when the greedy, richest 1% act recklessly and get their companies near financial ruin, we should give them $700 BILLION, with no restrictions?

Does this sound right to you? What strikes me as really off in this whole matter, is they weren’t willing to help out the “regular folk” who are in financial crisis (mortgages), but they’re willing to step up and give executives who earn 10’s of millions of dollars a year and ran their companies to ruin all the help they DON’T need? I’m sorry, but if you’re making millions and you still do a sh!tty job, then rot in hell for all I care. If you’re not going to bail
me out, why the hell should I – who has considerably less funds – bail you out, who’s already rich?

You want to stem the financial crisis? Give it to those who are going to suffer, not to those who are going to be driving their $60,000 Mercedes-Benz home to their $3 million mansion regardless.

All these people that keep thinking the Republicans are doing us good. Sorry folks, but think of this: During the 1980’s our financial situation was dire; high inflation, bad economic times, the Savings & Loan debacle… Then around 1992, that all changed. The US went on to have probably the most prosperous times of the modern age, rivaled only by the decade following WWII. Then around the year 2000, housing prices started climbing, reaching values in certain locations (So Cal especially) that were 400-500% higher in the span of about 5 years. During this time, wages did not move up at all. Gas prices rose 400%, and unemployment jumped to the highest in years.

Now step back. 1980’s? The Republicans were in office, trying out “Trickle-down Economics.” Reagan & Bush Sr, remember? Loosened oversight on their part & deregulation led to the collapse of the S&L’s, which required a government bailout (YOUR tax dollars, saving the rich: Corporate welfare). And while this was going on, the rich were getting tax breaks! So they were supporting themselves less, and you were supporting them more!

Around 1992? Clinton comes to office and undoes most of these Republican mantras. The rich start paying equitable taxes and have less loopholes to work. Better welfare programs are put into place to help out those who need it most. And we enter our modern “golden age,” where our unemployment was terrifically low, wages were competitive, and the US’s world standing was respectable.

Around 2000, Bush Jr takes office, and repeals the taxes on the richest of the crowd. They deregulate the markets and throw away oversight. The housing market balloons up like a
bubble, and unemployment rises as wages stagnate. US productivity starts to decline, and now we find ourselves being asked to give $700 BILLION to the rich. These are the a**holes that wanted deregulation. These are the a**holes that made millions & BILLIONS of dollars off of their reckless behavior. And now that they’ve run their companies into financial dire straits, they want a free handout from the government. The Democrats are arguing that if they get a bailout, they need to forfeit their excessive salaries, seeing as how they’ve only proved they don’t deserve them.

The bush regime, however, is balking at this. They think these ultra-rich should just be
given the money with no strings. Does this sound fair to you? It does to your republican overlords, folks. See? It doesn’t matter what they say; they’re going to continue to preach “Family Values” because it sounds good, they’re going to lie to you and say that they’re on your side. But ignore their lies; look at their actions, instead. Look at what they’re really, truly doing to you, the average American.

Actions speak louder than words, right? Which is why I’m voting against the Republicans. Join me: Let’s put America back on the right track: BY the people, FOR the people! WE are the people; we’re 80% or more of the population, the rich are a mere, paltry fraction of that! Let’s stop letting them get all the perks, at our expense!

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