Showing posts with label meltdown. Show all posts
Showing posts with label meltdown. Show all posts

Thursday, October 02, 2008

Wall Street -- Who's to blame?

Last night the US Senate voted to cave in to the extortionist thugs on Wall Street and pass the bailout bill. The bill has one more stop in the House before it passes, thus assuring those who get rich making insane financial decisions that they can keep doing it with impunity.

Who's to blame for this mess? The wretched little greedheads on Wall Street? The Religious Right has the answer: "It's Teh Gheys!" No, really:

“Companies that promoted anti-family policies have learned the hard way that such policies are bankrupt,” said Mathew Staver, dean of the late Jerry Falwell’s Liberty University School of Law. “K-Mart learned its lesson several years ago. Washington Mutual and Wachovia, both of which actively promoted the homosexual agenda, have come to realize that anti-family policies will bankrupt the bottom line.”

Tony Perkins of the Family Research Council blamed the lack of family values for the meltdown. “As there’s a breakdown in the family and the family weakens, it’s only logical it will hit Wall Street,” Perkins said. “A nation cannot be strong just because of a financial structure alone. It has to have strong families and values.”

Rainbow, pot of gold -- get the connection? You only wish I was kidding.

Tuesday, September 23, 2008

Finally

Well, so much for Wild Kingdom, back to Wild Wall Street.

With the US economy hanging by a tenuous thread from crashing and burning into a total meltdown, it's a source of amazement and frustration to me that there are still many Americans who seem oblivious to the fact that the GOP thugs and thieves they're so feverishly supporting were the very architects of this disaster. But that might be changing as the gravity of the situation sinks in:
"A new CNN/Opinion Research Corporation Poll suggests that by a 2-to-1 margin, Americans blame Republicans over Democrats for the financial crisis that has swept across the country the past few weeks — one factor that may have contributed to an apparent increase in Barack Obama’s edge over John McCain in the race for the White House.

In the new survey, released Monday afternoon, 47 percent of registered voters questioned say Republicans are more responsible for the problems currently facing financial institutions and the stock market, with 24 percent saying Democrats are more responsible. One in five of those polled blame both parties equally, and 8 percent say neither party is to blame."

And the rest blame it all on Clinton. Ack! You only wish I was kidding.