Posts Tagged 'Rescue'

Don’t Buy The (Bailout) Hype – Cont.d

Lest any of you thought that your uncle was just on a personal (and maybe delusional) rant, about the sham of a “Rescue Plan”, you should check out the videos from the link below.  They are of Congressman Brad Sherman speaking to the House about how Wall Street and pro-bailout senators used “fraud, bribery and threats of violence” to get the House to pass Bush/Paulson’s (very personal) piece of crap.  It’s shoddy legislation, that gives too much authority to one man (Paulson).  It’s full of loopholes, loaded with pork, and doesn’t effectively deal with corporate executives’ compensation (thievery).  And, guess who might wind up with the lion’s share of the $700+Billion???

We certainly DIDN’T see the desired result with the Stock Market!  It’s up a fraction today, but it could take years to recoup the losses . . . if they CAN be recouped.

http://www.brasschecktv.com/page/441.html

YUR

PS.  The corporate media was complicit in this whole mess

Don’t Buy The Hype! (More Language Games)

The geniuses, who love to parse words, in order to allay your concerns and sway your opinion, are trying real hard to sell us the Wall Street Bail Out Plan as the “Economic Rescue Plan”.  They know that not enough people will buy into the idea of bailing out the corporate fat-cats, who largely are responsible for the situation that we are facing.  So, what DO they do?  Well, they replace “bailout” with a more palatable word.  A more positive word.  A more heroic word.  “Rescue”.

You “bail out” your buddy, when he gets arrested for drunk and disorderly.  You “bail out” your brother-in-law, when he gets picked up in a “John” sting.  Essentially, you “bail out” someone who has done something WRONG.

Firemen come to the “rescue”.  A lifeguard “rescues” the drowning person.  The cavalry, or the Marines, come to the “rescue”.  When there’s a flood, or earthquake, or any natural (or man-made) disaster, those who come to help are called “rescue” workers.  There is nobility in a “rescue”.

But, rescuers are not paid to be judgmental.  When it comes to doling out $700Bil, of tax payers’ money, to prop up mis-managed, failing businesses . . . shouldn’t we expect some judgment?

Now, guys like John McCain are now complaining about Congress’s “inaction”.  Inaction?  They took action, John.  They voted “NO”.  Enough (bi-partisan) congressmen made the assessment that the bill was lacking, and took the necessary action.  If they had the choice between that bill and another bill, and didn’t choose either one, then THAT would be inaction.

And, they keep telling us that “Time is running out!”  “Time is of the essence!”  “We HAVE to get this done!”  Whenever you sign any kind of contract don’t they always advise you to read things . . . carefully, first?  I mean we should ALL know exactlywhat we’re getting ourselves into, right?  Doesn’t it make sense to take a little time . . . in order to get it right?  The first vote gave it a thumbs down, and the world didn’t end.  So, now we’ve been given a little more time.  Hmmm.  It reminds me of those big car sales, where they tell you to: “Buy NOW!”  “Sale Ends September 30th!”  But, now . . . because they weren’t able to sell enough:  “Sale Extended to October 3rd!”

Whenever anybody tries to pressure you in to something, it usually means it’s not going to be in your best interest.  Don’t let them bully us into a bad decision.  WE are the ones paying.

YUR


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