Tuesday, September 23, 2008

Where does the line form?

After watching the economic bigheads trying over the weekend to explain why it's okay to give billions of dollars to the CEOs holding this country's economy hostage, I want to know where the line is being formed to get free money from the government. Who's doling it out: the infomercial guy with the green suit with the dollar signs all over it?
And now they're outraged because Congress has grown balls large enough to inhibit their bending over to take this idea with a "yazza boss." They must have had the balls on back order from back when the Patriot Act was signed 'cause they're doing their best now to stand up tall enough to get re-elected by the folks back home...at least the ones who still have a home.
But back to the free money. You cannot convince me the CEOs of the banks and mortgage holders and real estate people didn't know what was going on while it was going on. And if the CEOs didn't know, they deserve to choke on the strings of the golden parachute they're trying to ride out of this mess. If they didn't know, they don't deserve the money because they slept on the job. If they did know, they don't deserve to be paid for bringing economic ruin to the country.
Good news and bad news is that I don't own property so I wasn't drowned by the first wave of calamity and my family members who did buy property during the boom got fixed-rate mortgages. But I do have a couple of feeble 401K accounts that are going to look rather puny when I get the next reports.
Thanks, Mr. Deregulator. I hope to give you more time in your future to visit all of the nine homes you own....

No comments: