Yeah so, the frickin Banker Bail Out has increased the Nation Debt by twelve frickin percent! That's insane! 12%?! And you KNOW they'll just keep taking this free money(which it is free money, but for the bankers), until the American people standup and SAY something about it. Everyone's all, "playing softball" if you will, with the fact that this country was literally standing next to the edge of "the cliff" financially, and the bankers with these derivatives bets, figuratively shoved the US economy off the edge of the cliff where it is now hanging. and rather than step out of the way and let these banks and companys that had made BAD BETS(derivatives) on the stock market get side-stepped by the US economy and plunge to their doom, we let them push us off the cliff. They took big risks when rolling the dice, and they lost. They lost big. Huge companys and banks were going to go bankrupt because of how irresponsibly the CEOs were running these businesses. Now, instead of just allowing that to happen, instead of making people responsible for their OWN actions, what do we do? We stand up and say: "Sure! "Come on over you corrupt CEOs, don't worry about it, we're gunna give you access to trillions of dollars and get this, the American people are gunna foot the bill."
Bottom line, they did that. The government sold out our future wages(through tax collection), by bailing these bankers out. They did themselves one or who knows how many times better, because the debt wont be close to paid by the time all of us now living are dead and gone. The reason it would take so long is because the Federal Government, would not stop spending. A billion here, a trillion there, what does it matter? "I'm a wealthy politician I'm not going to be affected by it. I can afford not to have problems."
That's the world we live in.
We need a resource based economy, not a profit based economy. To succeed for successes' sake. (Lots of "S"ss...)
p.s. sorry there are no cowboys or scooters on this page. i feel awful about it. :(
Monday, October 5, 2009
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