HowardTripping on a Goldman Sachs Fantasy
Real Crash- Looking at the Financial System and the War Drive:
Live from the South Bronx, NY
An American Revolution, any reason you find;
Blow up Goldman Sachs sweet fantasy;
Morgan Chase is not kind;
Eating bodies of WaMu with a cannibal taste;
When you decide to let the system crash, that is so good;
I tell you right now; It'll go into bankruptcy, that's the best you can do;
MorganChase, Citibank, Cayman Queen, I say, Bl&^$%#&p you!!!
(spoof song, Donovan, Sunshine Superman)
An American Revolution is brewing in Washington DC, among even the (gosh) GOP, to kill the satanic, evil bailout plan. It's good to see Bush eating Doo doo, and it is good in other ways. This is good, since it opens things up for a sane bankruptcy reorganization, not a bailout of Mortgage Backed Securities and a whole lot more, especially after the sudden death and gobbling of WaMu by JPMorgChase. Then we can issue new credit through a new Bank of the United States, directly to productive and necessary enterprises. Real estate does not have to "come back." The NY Stock Market Dow Jones index did not come back to 1929 levels until the mid 1950s. Italy's Economics Min, Tremonti also has something to say on this.
Yes, I know that the ideology of the free-market Republican types leaves something to be desired, but it is better than surrendering to a bunch of British-run hedge funds and G-d knows what else. Meanwhile, Barney "and Bailey circus" is doodooing in his pants.
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According to the NY Times: The Massachusetts Democrat said leading Democrats on Capitol Hill were shocked by the level of divisiveness that surfaced at Thursday's extraordinary White House meeting, leaving six days of intensive efforts to agree on a bailout plan in tatters on the $700 billion bill. That means that Barney's meds are about to wear off.
Henry Paulson's Goldman Sachs scrotum sac nearly fell off. John McCain's killing of the McCain Obama debate is seen by some as a signal to kill the package. (Correction- McCain is going to the debate after all.)
"We need to get the president to get the Republican House in order," Sen. Charles Schumer, D-N.Y., said on the Senate floor. "Without Republican cooperation, we cannot pass this bill."
Translation: Unless you can get Dick Cheney to beat the crap out of these guys, we are not going to take the rap for destroying the United States, so there!!!
Schumer said Bush should also "respectfully tell Sen. McCain to get out of town. He is not helping, he is harming. Before Sen. McCain made his announcement, we were making progress."
Translation: If McCain doesn't kiss some British banker ass soon, we are not going to do it either.
