> On Mar 29, 9:14 am, d2e2 bellsouth.net> wrote:
>
>
>

>> Vide...@tcq.net wrote:

>>> On Mar 28, 2:42 pm, Jerry Kraus yahoo.com> wrote:

>>>> On Mar 28, 2:34 pm, Vide...@tcq.net wrote:

>

>>>>> On Mar 28, 12:28 pm, Jerry Kraus yahoo.com> wrote:

>>>>>>http://biz.yahoo.com/ap/080328/fed_credit_crisis.html
>>>>>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>>>>>> continuing to bail out greed, incompetence, exploitation and
>>>>>> destruction, at U.S. taxpayer expense, and, at the risk of further
>>>>>> undermining the U.S. currency. Another 100 billion of your taxpayer
>>>>>> dollars will be going to subsidize the multi-million dollar salaries
>>>>>> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
>>>>>> knows, they've earned it! After all, what are taxes for, if not to
>>>>>> finance the destruction of the U.S. military and the Nation of Iraq,
>>>>>> and to ensure that CEO's and their immediate families can live in the
>>>>>> fashion to which they've become accustomed -- that is, like Royalty.
>>>>>> Of course, even the government doesn't have enough money to finanace
>>>>>> these scum out of their entirely self-created problems. They've
>>>>>> created nothing, done nothing, stolen, lied and cheated the nation and
>>>>>> the world for decades, and now they can't find anyone stupid enough to
>>>>>> let them cheat them anymore. So, they've come crying to their buddies
>>>>>> at the Fed, who are more than happy to bail out "family" like them.
>>>>>> But, shortly, even they may have to face reality. The CEO-leeches on
>>>>>> Wall Street are no better than the rest of us -- they are worse.

>>>>> what i find hilarious, outside of a couple of complete libertarian
>>>>> cranks, where have all of the defenders of laissez-faire gone?
>>>>> where is their outrage, why are they not publicly, and proudly
>>>>> announcing their adherence to libertarian dogma, and renouncing their
>>>>> investments in the markets.
>>>>> after all, they to are the indirect beneficiaries of the bailouts.
>>>>> you would think that they would be fleeing the markets, whilst
>>>>> proclaiming their beliefs. i see none of that.- Hide quoted text -
>>>>> - Show quoted text -

>>>> Don't expect sincerity from libertarians. All they care about is
>>>> cash. That's why they're libertarians.

>

>>>> The problem they have now, is that they are being destroyed by their
>>>> own policies. The government quite simply doesn't have anywhere near
>>>> the resources to save them from themselves. The rich are the only
>>>> ones who have enough money to pay taxes. And the rich are using this
>>>> tax money to bail out their own incompetent institutions, which will
>>>> only get deeper into debt, because they are totally incompetent.
>>>> Can't go on much longer.

>

>>> you are correct.
>>> here is a little peice i made up explaining conservative/libertarian
>>> lunacy.
>>> "libertarians/conservatives are the only group of people i know that
>>> are constantly outraged at the results of their own polices, then they
>>> blame government(the blaming government part was added by another
>>> fellow, of course he is very smart.)."

>

>> What is missing from the general analysis of the financial collapse is a
>> complete nonpolitical evaluation of the Bush balance sheet. We are
>> going to find that the corporate welfare system Bush has secretly
>> expanded is the actual foundation of the deep depression we are going to
>> experience for a very long time. The pain people will feel could very
>> well lead to a re-writing of the Constitution.

>

>> The formation of our Republic was founded on two historical experiments,
>> Athens and Rome, both of which proved to be seriously flawed. These
>> Empires failed due to the protections elitist provided themselves by
>> virtue of their concepts of qualified immunity from Constitutional
>> authority.

>

>> Bush, Cheney and corporate elitist have pushed these far beyond
>> acceptable boundaries and the consequences of their actions could
>> trigger our survival instincts and bring to an end both the Presidential
>> and Judicial liberties which have crippled our ability as a nation to
>> achieve the original intent of our national union.- Hide quoted text -

>

>> - Show quoted text -

>
> I think your analysis is fairly accurate. The "elitists" are so
> locked into the sense of their own superiority that they are no longer
> capable of even the most elementary self-criticism. They are taking
> themselves over a cliff, certainly. Whether the rest of us go with
> them is another matter. My suspicion is, we don't. We can take of
> ourselves better than they can, so we won't let them destroy us. They
> can destroy themselves if they want to.
>
> Clearly, we're heading for big changes. Bernanke is an imbecile, and
> he is destroying his own banking system, and the markets, and the
> currency, by uncontrolled leveraged buyouts with nothing behind
> them. My suspicion is we will all be on a level playing field within
> a very few years -- Warren Buffet, Bill Gates, George Bush etc., all
> just competing with the rest of us, no financial advantage. They
> won't have chance. They think they're smart, they're actually very,
> very stupid. Just greedy and ruthless. As Orson Welles observed in
> "Citizen Kane" -- a man who had almost a perfect life, by the way --
> "Making a lot of money's no trick, if all you want to do, is make a
> lot of money."