Re: Lehman Bankrupt, FF Nationalisation & Corporate Welfare Bailouts
  Home FAQ Contact Sign in
alt.philosophy only
 
Advanced search
POPULAR GROUPS

more...

 Up
Re: Lehman Bankrupt, FF Nationalisation & Corporate Welfare Bailouts         

Group: alt.philosophy · Group Profile
Author: Robert Cohen
Date: Sep 20, 2008 11:09

On Sep 20, 12:20 am, Robert Cohen msn.com> wrote:
> On Sep 19, 10:04 pm, Fred Weiss papertig.com> wrote:
>
>
>
>
>
>> On Sep 19, 12:00 pm, Robert Cohen msn.com> wrote:
>
>>> re: TRILLION DOLLARS BAILOUT
>
>>> Bush-Paulson should done something radical over a year ago.
>
>> Very true. If they had they wouldn't have had to do what they've done
>> since or in the last few days - and it wouldn't have cost the
>> taxpayers a penny.
>
>> If you've been bailing out your spendthrift son for years, the radical
>> thing to do is not to give him an unlimited line of credit. Oh, and an
>> unlimited line of credit which is way beyond your means, so you make
>> everyone else liable for it.
>
>> Does that make sense to you, Robert?
>
>> Now tell me how the "Bush-Paulson" plan is any different in principle
>> from that.
>
>> Fred Weiss
>
> RE: mega changes, such as:
>
> No short selling of bank and financial stocks until at least early
> October
>
> Well, I personally agree & applaud, because I'm not shorting anything
>
> Yet, the wrecking/shorting/fleecing of other industries is allowed to
> continue on
>
> The financials get protection, and for some other companies it's just
> tuff-shitski
>
> Why? BECAUSE the financial industry is like a  distressed "utility,"
> collapsing & the drying-up of lending
>
> Why? Because the overall nation & the world are at the amoral mercy of
> "hedge funds" whom are engaging in financial fuckingg-over & gang rape
> by hook or crook
>
> Our semi-braindead, overly-ideologized, semi cloistered,  non-virginal
> DECISION MAKERS, instead of helping both the defaulters AND the
> financial industry when the unusually high foreclosures numbers became
> apparent circa "18 months" ago, let it get out-of-hand
>
> We are tonight in some new/unchatered territory- Hide quoted text -
>
> - Show quoted text -

CAVEAT READER:

Please don't merely accept ideologue Cockburn 's take on today's
zionism, because (so far as I know), he has rarely if ever dissed/
criticized (very fallible) Marxism, so in my own semi liberal mindset
he's a demagogue-dogmatist somewhat as his ideo-cohorts Chavez
(Venezuela) and other reigning-ranting tyrants whose names (in Burma
et cetera)
I don't keep up with as nearly as I would like.

However: I think this essay is fairly candid and an incisive attempt
at capturing some harsh as helle truth/reality/dilemma
of our mixed capitalism's unhappy failure as is manifest currently

AMERICA'S OWN KLEPTOCRACY by Micheal Hudson

http://counterpunch.org/
1 Comment
diggit! del.icio.us! reddit!