Tuesday, September 30, 2008

Bush's speech-throwin'good money after bad

Ok, I forced myself to watch the little speech, the little address to the nation, I kept my barf bag, handy for fear of heaving my stomach contents.

And, yup, in a nutshell, reassure wall street and use fear to manipulate the people!

Am I psychic or what? Or is it just the same old same old?

Highlights:
The timing of the address made it quite clear this was for the benefit of wall street, done right before it opened, of course. After a brief rehash of what happened, here come the reassurances......

"assure our citizens and citizens around the world that this is not the end of the legislative process."


That is the assurance to investors, "our citizens and citizens around the world"



Then he says:
"it is not the end of the legislative process"
followed by

"it matters little what path a bill takes to become law. What matters is that we get a law."
Well what that means, is regardless of what the taxpayer says or wants, Mr Bush will just keep on trying , until he gets his way. What if he doesn't though?

Then we move on to the fear:
"We're facing a choice between action and the real prospect of economic hardship for millions of Americans,"


"For the financial security of many Americans, Congress must act."

"If our nation continues on this course the economic damage will be painful and damaging,"

"Our economy is depending on decisive action from the government, the sooner we address the problem the sooner we can get back on the path of growth and job creation."


What about the economic damage already going on? How come he fails to mention, the homeless, where is the help for them? What is he doing to keep people in their homes?
Job creation? Laughable, there is no job creation in the globalised world. There is job shifting, wage decreases. This is why this crisis came to fruition, amongst other reasons, the good decent paying wage jobs are gone!


So you see, no bail-out, things are just going to get worse for joe and jane taxpayer.
The way I see it, things are going to get worse either way. But at least the taxpayer will not have thrown good money after bad.

6 comments:

  1. This kind of reminds me of Monty Python's 'Bruces' sketch -

    Choice 1 - Give the bankers all your money.
    Choice 2 - The Abyss!
    Choice 3 - There is NO choice 3!

    We're white men, sure, complete geniuses, masters of the universe. But walk and chew gum at the same time? Us? Just shut up and give the bankers your money. You know they're going to end up with it anyway so just do it.

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  2. no, nobody, things have got to change, I just don't know how, but they have to, people gotta stand together.

    huge frustration levels lately

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  3. Make the rich pay

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  4. Things are going to get alot worse, before they even appear to be getting better.

    What bothers me is the bold statement that it matters not how they get the 'law' only that there will be one.

    Ideologically it DOES matter, but then again, as Bush said years ago: it would be easier to be in a dictatorship - as long as I'm the dictator...

    He'll sign some bloody executive order or he could easily declare martial law due to overwhelming economic crisis. That would explain the combat force coming home to roost.

    Question: If the US goes into martial law - what will Canada's role under the spp (or NAU) be? We've signed 'security' docs with them. Does this mean that our kids will be on American soil to 'stifle' civil unrest? (read: shoot Americans who are pissed off for a good reason?)

    This is one ugly kettle of fish - and it has the potential to become very rank, very quickly.

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  5. Well I'm still determined to give them all my money, whatever you say. What if I sent it to them a penny at a time? I'd enclose it in a bottle and to stop it falling out I'd stuff a cloth in the neck. The cloth is useful because it also holds in the petrol (which is there as an artistic/symbolic statement kind of thing). These could then be hand-delivered to the banks via their windows. And as a final piece-de-resistance bit of showmanship we'd light one end. Just for theatrical effect you understand...

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  6. hey nobody, you can if you want, if it so pleases you :(

    I like your method of delivery, very artistically creative ;)

    Rather like flicking lighters at concerts, but on a larger scale.

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