Say No to Sycophantism

Saturday, September 20, 2008

 

Taxpayer Owners

End of a, shall we say, very eventful week. We (you and me, and everybody
else who is a US taxpayer) now own the two largest mortgage issuers in the
country, and the largest insurance company in the world, with plans for
acquiring toxic assets of the remaining largest investment banks in the
world.

At this rate, they're going to need new machinery at the U.S. mint. Quote of
the week:

And New Hampshire Sen. Judd Gregg, the ranking Republican on the Senate
Budget Committee, told Politico Friday that a "majority of the Republican
Conference will understand about the risk to the nation" and work quickly
with the administration to address it.

"The situation is so dire, we can't get wrapped around our ideologies,"
Gregg said. " We have to be bold and be flexible. If you just take an
ideological position, the disruption [to the economy] will be enormous."


There you have it folks. Trust a republican to give up his principles at the
very moment when we desperately need them to protect ourselves from further
descendance into a fascist tunnel. The mind boggles, but the body is tired
and unresponsive.






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