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The Bailout

Yes, it certainly looks and sounds like the super-huge mother of all bailouts, the total screw job of the American taxpayer, and the crushing of economic freedom in America is a done deal. However, despite all the lies and complete lies of the politicians in Washington, let me point out a clear image that very accurately describes this new law:

And I use that picture because I don’t want to use any perhaps more accurate pictures that would include large green things and taxpayers bending over. There is nothing good in this bill. That’s just the way it is. Just in case you still thought there was actually any difference between McCain and Obama, they’re both strongly supporting this socialist plan, too:

The option of doing nothing is simply not an acceptable option,” McCain said. Obama said he was inclined to back it “because I think Main Street is now at stake.”

Translation: Hey, my big money donors are giving me heat. I’ve GOT to give them this cash so they can give ME more cash! After all, how do you expect me to run for election? I MUST vote to take cash from taxpayers to give to people I like, so they will give me cash. That’s how this country works.

“Here are the facts: For two weeks I was on the phone every day with (Treasury) Secretary (Henry) Paulson and the congressional leaders making sure that the principles that have been ultimately adopted were incorporated in the bill,” Obama said

Translation: I did nothing, and I know nothing. I have been very consistent in my insistence that I just walk around and make it look like I know something. Since lots of big-money donors support this, I support it, too. And I talked to some important guy, so that makes me important.

I received a copy of the bill that’s going to be voted upon today. This thing used to be one paragraph. That’s all, ONE paragraph. The damn thing has ballooned to 110 pages! I want to know how many Congressmen have read all 110 pages. My bet is that exactly ZERO have done so. Yet they’re going to vote to approve this pile of crap. There’s also another petition that’s asking for your signature to stop this crap.

Michelle Malkin has a great fisk up of this thing. It really, really, really stinks. The politicians who claim it’s “protecting” taxpayer are blatant, bold-faced liars. I suggest you continue to e-mail your politicians and let them know what sort of stinking piles they are if they support this crap.

And know what? There are a few things that are true in these discussions. NOT bailing out the irresponsible crapholes that are financial institutions today would affect Europe. So what? Since when it is the job of a free country’s government to prop up the economy of other nations?

Of course, there’s a LOT more that’s speculation and lies in this discussion. Would NOT giving trillions of dollars of taxpayer money to greedy, self-serving, selfish corporate leaders cause a crash? NO ONE KNOWS. Anyone who claims to know is, once again, a damn liar. Those who claim it will, in nearly all cases, will personally financially benefit from the bailout — so they have no problem spreading fear and lies so they can get their hands on this huge, record-breaking, pile of taxpayer cash.

The other portion that NO ONE knows is the actual cost of the bailout. First, again, those who claim the taxpayer is “protected” are blatantly, out-and-out liars. They should be slapped across the face immediately and called on their lies. Some (supporters of the bailout who will all financially benefit from it) claim it will cost less than $700 billion. Some claim $5 trillion. Still others claim it’s more in the range of $68 trillion. Know what? It doesn’t matter. This bailout plan is wrong on every level possible.

So why do so many in Congress support it? Because THEY WILL FINANCIALLY BENEFIT. Yes, the people who are voting to take trillions of taxpayer dollars and give them to companies will directly benefit from the cash, and they damn well know it — and that’s likely the biggest single reason that this bill will pass. These people, these slimeballs, these self-proclaimed “representatives” will get cash DIRECTLY from every single one of the companies that benefits from the bailout.

“Without this rescue plan, the costs to the American economy could be disastrous,” Bush said

And WITH the bailout (what another damn lie — “rescue plan?”) the costs to the American economy and taxpayer WILL be much MORE disastrous and MUCH more long term. Your great-great-grandchildren will be saddled with the debt from this nightmare.

“Nobody wants to have to support this bill,” said Rep. John A. Boehner, R-Ohio, the House minority leader.

Lying bastard. If you don’t want to support this, you slimy, selfish, greedy a-hole, DON’T SUPPORT IT. I don’t give a damn how much pressure you’re getting from your corporate donors. If they’re holding a gun to your head, be honest about it and tell us you’re supporting it because you want the cash. Stop claiming you don’t want to support it when you DO.

Democratic Rep. Elijah Cummings, D-Md., said he was inclined to oppose the bill. But he added: “A lot of people are going to hold their nose and vote for it, because they’ve been put in a bad position and they don’t have any other option.”

Another lying bastard. YOU HAVE AN OPTION — VOTE NO YOU SLIMEBALL. This crap about “holding their nose and voting for it” is your Congressman saying that they don’t give a damn about you because they want their cash.

House Speaker Nancy Pelosi, D-Calif. said it wasn’t a bailout but a “buy-in” for taxpayers to rescue the economy.

More damn lies. Buy-in? How about calling it a taxpayer screw job. Maybe calling it the “bill to increase the public debt for eternity.” That would be truthful. The taxpayers are getting nothing out of this but screwed. The claimed “protections” go something like this: When the government pays trillions to buy mortgages that have $0 cash value, if the government loses money then the company that went bankrupt has to pay back the government for their losses. And yes, that’s EXACTLY how it’s written to work in the damn law.

And don’t buy the Democrat claims that this will limit ANY corporate golden parachutes and payouts — that’s yet another blatant lie. You see, the law says that AFTER companies sell their worthless crap to the government, THEN they’re not allowed to make up new golden parachute deals. In other words, the company can make arrangements to give their top execs billions, THEN sell their worthless crap to the government to actually PAY for the executives!

Furthermore, if you read the text of this bill, the bill actually complete and totally nationalizes ANYTHING one person in government wants. Literally. ONE person in government, the treasury czar, will have the power to use taxpayer cash, without question, without limit, to buy ANY amount of ANY industry he wants. This one person will have the power to pick the winner and loser in ANY industry. If your company is having tough times, you will be able to ask the czar for ANY amount of cash, up into the trillions. This sole government agent will have the power to give you ANY amount of money he, personally wants –without ANY oversight or question by anyone in government. Don’t believe me? Read the bill. It’s in there.

This czar will have literally, the power to buy stock in ANY company he personally likes. If you suck up to him enough, he might buy $6 billion or so in YOUR company. And once again, he has to ask NO ONE to approve his cash outlays.

When this passes, I shall send a notice to my mortgage holder. I will tell them I’m not paying another dime and they can go to the government and get the mortgage paid off. I suggest everyone else do the same. And I’m not leaving my house, either, until the sheriff come removes me with extreme force. Every last one of the people who support this bill are slimy a-holes who don’t deserve to live in what was once a free country.

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One Response to “The Bailout”

  1. [...] and in case you’re wondering — the crap the Senate is voting on is almost the same pile of crap that the House just rejected — only with MORE pork to buy votes — literally, and the [...]

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