We’re all probably too pissed off to write about the bailout bait and switch right now, but its our job folks, we have to expose these things. Allow me to oversimplify Friday’s hearings like this: the Bush Administration does whatever the hell it wants. Plain and simple. In hindsight I’m surprised they even went through the trouble of getting congress to pass the bailout bill, except for the politics of it. But now that the Democrats went through the painful process of attaching strings, its nice to know that the Administration can just simply ignore them. Nobody’s surprised by these tactics, at least no one that’s been awake for the last 8 years. But this has to get filed away with the many other things that makes every American citizen who cares about, and has even a limited understanding of, our constitutional democracy want to puke their guts out. These people are scum. In the attached link, you’ll read a polite and eloquent rebuttal about buying mortgages. If you were paying attention you would have said, 55 million? That sounds like every mortgage in the entire country. Well, you’d be right, it is. So what kind of evil jackass would twist things around like that? Yes the question was rhetorical…and no there aren’t 55 million foreclosed homes in America. He was actually saying, ‘what do you want us to do, buy every mortgage in America?’. After that statement I’m thinking his balls on a platter would be an appropriate response…well worth the ~$2,500 a person the bailout is costing.
So this Thanksgiving, when my grandmother or uncle start talking about how the bailout is socialism and we’re turning into commies, I’m going off the rails, despite my great love for my unfortunately misguided relatives. I’m sure you have a few yourself. Future posts will add to this list, but for those of us concerned with totalitarianism, please add this to the category ‘ignore the laws passed by congress’. Was there a signing statement I missed?